Cisco Systems (NASDAQ:CSCO) Given New $150.00 Price Target at Wells Fargo & Company

Cisco Systems (NASDAQ:CSCO) had its target price upped by investment analysts at Wells Fargo & Company from $130.00 to $150.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the network equipment provider’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 30.95% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Argus raised their target price on shares of Cisco Systems from $100.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. HSBC raised Cisco Systems from a “hold” rating to a “buy” rating and increased their price target for the company from $77.00 to $137.00 in a report on Friday, May 15th. The Goldman Sachs Group raised their price target on Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Citic Securities lifted their price objective on Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. Finally, Rosenblatt Securities upped their price objective on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $127.76.

Cisco Systems Stock Performance

NASDAQ:CSCO traded down $9.33 during mid-day trading on Thursday, reaching $114.55. The company’s stock had a trading volume of 15,389,000 shares, compared to its average volume of 23,446,775. Cisco Systems has a 12-month low of $65.75 and a 12-month high of $130.37. The firm’s fifty day moving average price is $117.56 and its two-hundred day moving average price is $98.72. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The stock has a market cap of $451.48 billion, a P/E ratio of 37.10, a PEG ratio of 2.71 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter last year, the firm posted $0.99 EPS. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, equities analysts forecast that Cisco Systems will post 3.54 EPS for the current fiscal year.

Insider Activity

In related news, CEO Charles Robbins sold 21,400 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the completion of the transaction, the chief executive officer directly owned 637,085 shares in the company, valued at approximately $76,469,312.55. The trade was a 3.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,761 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $114.61, for a total transaction of $316,438.21. Following the completion of the sale, the executive vice president directly owned 180,877 shares of the company’s stock, valued at $20,730,312.97. This represents a 1.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 47,650 shares of company stock worth $5,668,823. 0.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Intesa Sanpaolo Wealth Management purchased a new stake in Cisco Systems in the 4th quarter worth $25,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Cisco Systems in the fourth quarter valued at about $25,000. Networth Advisors LLC boosted its stake in shares of Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after acquiring an additional 246 shares during the period. Manning & Napier Advisors LLC boosted its stake in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after acquiring an additional 200 shares during the period. Finally, Financial Life Planners purchased a new stake in shares of Cisco Systems during the first quarter worth about $27,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Cisco reported fiscal Q4 revenue of approximately $17.3 billion, up 18% year over year, while non-GAAP EPS of $1.22 exceeded the $1.17 consensus estimate. Networking product orders increased 40%, and total product orders rose 35%. Cisco fiscal 2026 earnings release
• Positive Sentiment: AI infrastructure demand remains a major growth driver. Cisco received $4 billion of AI-related orders in Q4 and $9.3 billion for fiscal 2026, and expects AI infrastructure revenue to reach $7.5 billion in fiscal 2027. Cisco earnings call highlights
• Positive Sentiment: Management forecast Q1 fiscal 2027 revenue of $18.0 billion to $18.2 billion and non-GAAP EPS of $1.32 to $1.34. Full-year revenue guidance of $72.2 billion to $73.4 billion and EPS guidance of $5.05 to $5.11 also exceeded analyst expectations. Reuters Cisco outlook
• Positive Sentiment: KeyCorp and Morgan Stanley raised their price targets to $135 and maintained “overweight” ratings, while Rosenblatt lifted its target to $165 and upgraded the stock to “buy.” Analyst rating updates
• Neutral Sentiment: Cisco declared a quarterly dividend of $0.42 per share, implying an annualized yield of roughly 1.4%. This supports shareholder returns but is unlikely to be the primary near-term trading catalyst.
• Negative Sentiment: The strong results and guidance failed to clear already-high investor expectations after CSCO’s substantial 2026 rally. Analysts also highlighted squeezed gross margins, creating concern that AI-related growth may come with lower profitability. MarketWatch margin concerns
• Negative Sentiment: Reports also pointed to a services-revenue miss, adding to concerns about the quality and sustainability of Cisco’s growth. With a P/E ratio near 40, investors are demanding continued acceleration, leaving limited room for disappointment. CNBC Cisco earnings coverage

About Cisco Systems

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.