Cisco Systems (NASDAQ:CSCO) Price Target Raised to $130.00 at KeyCorp

Posted by Ethan Ryder on Jun 25th, 2026

Cisco Systems (NASDAQ:CSCO – Get Free Report) had its price target upped by investment analysts at KeyCorp from $125.00 to $130.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the network equipment provider’s stock. KeyCorp’s price objective would indicate a potential upside of 8.60% from the company’s previous close.

Several other equities research analysts have also recently issued reports on CSCO. Morgan Stanley boosted their price target on Cisco Systems from $120.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Citic Securities lifted their price objective on Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. HSBC upgraded Cisco Systems from a “hold” rating to a “buy” rating and raised their price target for the stock from $77.00 to $137.00 in a research report on Friday, May 15th. The Goldman Sachs Group upped their price objective on shares of Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Finally, Wells Fargo & Company increased their price objective on shares of Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.14.

View Our Latest Report on Cisco Systems

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $119.70 on Thursday. Cisco Systems has a twelve month low of $65.75 and a twelve month high of $130.37. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The company has a 50-day simple moving average of $108.44 and a two-hundred day simple moving average of $89.00. The stock has a market capitalization of $471.81 billion, a price-to-earnings ratio of 38.86, a price-to-earnings-growth ratio of 3.09 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. During the same quarter in the prior year, the business posted $0.96 EPS. The business’s revenue was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Analysts forecast that Cisco Systems will post 3.54 EPS for the current year.

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the transaction, the chief executive officer owned 637,085 shares in the company, valued at $76,469,312.55. The trade was a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the transaction, the insider directly owned 246,737 shares of the company’s stock, valued at approximately $28,937,315.36. The trade was a 2.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,650 shares of company stock worth $5,668,823 in the last three months. Insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently made changes to their positions in CSCO. Intesa Sanpaolo Wealth Management bought a new stake in shares of Cisco Systems during the fourth quarter worth $25,000. MidAtlantic Capital Management Inc. bought a new position in shares of Cisco Systems in the 4th quarter valued at $25,000. Networth Advisors LLC boosted its holdings in shares of Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after acquiring an additional 246 shares in the last quarter. Manning & Napier Advisors LLC boosted its holdings in shares of Cisco Systems by 137.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. Finally, Financial Life Planners bought a new stake in Cisco Systems during the 1st quarter worth $27,000. 73.33% of the stock is owned by institutional investors.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

Positive Sentiment: Cisco is being highlighted as a beneficiary of the AI data-center buildout, with articles pointing to strong Acacia/800G optics orders and broader networking demand as support for the company’s growth story. Why Cisco’s (CSCO) Acacia Orders Give It a Clearer Role in the 800G AI Optics Cycle
Positive Sentiment: Analysts remain constructive on Cisco, including a recent Bank of America target increase to $150 and a reiterated Buy rating, reinforcing confidence that AI infrastructure spending can keep supporting revenue. Why Cisco’s (CSCO) Acacia Orders Give It a Clearer Role in the 800G AI Optics Cycle
Positive Sentiment: The Supreme Court ending the Falun Gong lawsuit removes a legal overhang for Cisco, which may be viewed as a small sentiment boost by investors. US Supreme Court ends suit alleging Cisco helped China pursue Falun Gong
Neutral Sentiment: Several pieces frame Cisco as a “hold” or a trending stock, suggesting the market is reassessing valuation after the recent rally rather than reacting to a single new catalyst. Cisco at $121: Buy, Sell or Hold?
Negative Sentiment: Recent trading updates show Cisco dipping more than the broader market, indicating some short-term profit-taking after the stock’s strong move toward its 52-week high. Cisco Systems (CSCO) Dips More Than Broader Market: What You Should Know

About Cisco Systems

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Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.