Cisco Systems (NASDAQ:CSCO) Stock Price Target Lowered at Barclays

Cisco Systems (NASDAQ:CSCO) had its target price trimmed by Barclays from $123.00 to $109.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage currently has an equal weight rating on the network equipment provider’s stock.

CSCO has been the subject of a number of other research reports. Morgan Stanley lowered shares of Cisco Systems from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $135.00 to $120.00 in a research report on Thursday, November 5th. UBS Group raised their price target on Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. KeyCorp boosted their price objective on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Finally, Wells Fargo & Company boosted their price objective on Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $125.64.

Cisco Systems Trading Down 6.2%

NASDAQ:CSCO opened at $95.64 on Friday. The company’s 50 day moving average is $107.76 and its 200-day moving average is $102.21. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems has a 12 month low of $72.80 and a 12 month high of $130.37. The firm has a market cap of $377.07 billion, a price-to-earnings ratio of 25.44, a P/E/G ratio of 2.09 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.07. Cisco Systems had a net margin of 22.34% and a return on equity of 33.06%. The business had revenue of $18.52 billion during the quarter, compared to the consensus estimate of $18.12 billion. During the same period in the prior year, the firm earned $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. Equities analysts anticipate that Cisco Systems will post 4.48 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Investors of record on Monday, January 4th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $1.68 dividend on an annualized basis and a yield of 1.8%. Cisco Systems’s payout ratio is 50.30%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 680 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $74,922.40. Following the sale, the executive vice president directly owned 163,337 shares in the company, valued at $17,996,470.66. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 5,832 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total transaction of $650,093.04. Following the completion of the sale, the executive vice president owned 128,382 shares in the company, valued at $14,310,741.54. This represents a 4.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 6,824 shares of company stock valued at $759,392. Corporate insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

Hedge funds have recently made changes to their positions in the stock. Vista Cima Wealth Management LLC grew its position in Cisco Systems by 8.6% during the third quarter. Vista Cima Wealth Management LLC now owns 9,668 shares of the network equipment provider’s stock worth $1,041,000 after buying an additional 764 shares in the last quarter. Oxford Financial Group LTD. LLC raised its holdings in Cisco Systems by 3.4% in the 3rd quarter. Oxford Financial Group LTD. LLC now owns 4,087 shares of the network equipment provider’s stock valued at $440,000 after acquiring an additional 136 shares in the last quarter. Cornermen Financial LLC acquired a new position in Cisco Systems in the 3rd quarter valued at approximately $1,292,000. Octavia Wealth Advisors LLC raised its holdings in Cisco Systems by 29.1% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 6,605 shares of the network equipment provider’s stock valued at $711,000 after acquiring an additional 1,487 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in shares of Cisco Systems by 10.2% in the 3rd quarter. Empowered Funds LLC now owns 676,948 shares of the network equipment provider’s stock worth $72,860,000 after acquiring an additional 62,513 shares during the period. Institutional investors own 73.33% of the company’s stock.

More Cisco Systems News

These are some of the CSCO news items that stood out recently:

• Positive Sentiment: Management characterized the sequential decline in its second-quarter revenue outlook as seasonal rather than a sign of weakening demand, and emphasized the company’s profitability. Cisco CEO comments on guidance and profitability
• Neutral Sentiment: Several analysts lowered price targets after the results, but kept positive or neutral ratings. Citigroup cut its target to $120 and Wells Fargo to $130, both retaining Buy or Overweight; other firms also trimmed targets. The revisions reflect caution about near-term execution, even as analysts see potential upside. Benzinga: Analyst cuts Cisco price target
• Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.