Cisco Systems (NASDAQ:CSCO) Hits New 52-Week High Following Analyst Upgrade

Cisco Systems, Inc. (NASDAQ:CSCO) shares reached a new 52-week high on Monday after JPMorgan Chase & Co. raised their price target on the stock from $90.00 to $95.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Cisco Systems traded as high as $85.30 and last traded at $85.28, with a volume of 1181240 shares trading hands. The stock had previously closed at $84.82.

CSCO has been the subject of a number of other reports. CICC Research raised their price target on Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Melius Research lifted their target price on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Morgan Stanley raised their price target on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Finally, Evercore upped their price objective on shares of Cisco Systems from $100.00 to $175.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and a consensus price target of $94.45.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares in the company, valued at $15,316,053.30. The trade was a 45.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael D. Capellas sold 16,150 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the completion of the sale, the director owned 157,218 shares in the company, valued at approximately $12,149,807.04. The trade was a 9.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,044,865 shares of company stock worth $81,397,635. Insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Smithfield Trust Co lifted its position in Cisco Systems by 0.3% in the fourth quarter. Smithfield Trust Co now owns 33,666 shares of the network equipment provider’s stock worth $2,596,000 after purchasing an additional 117 shares during the period. Cairn Investment Group Inc. raised its stake in shares of Cisco Systems by 0.5% in the 4th quarter. Cairn Investment Group Inc. now owns 24,146 shares of the network equipment provider’s stock valued at $1,860,000 after buying an additional 130 shares in the last quarter. Juncture Wealth Strategies LLC lifted its holdings in shares of Cisco Systems by 0.9% during the 4th quarter. Juncture Wealth Strategies LLC now owns 15,042 shares of the network equipment provider’s stock worth $1,159,000 after acquiring an additional 132 shares during the period. Clearwater Capital Advisors LLC boosted its position in shares of Cisco Systems by 2.5% during the 4th quarter. Clearwater Capital Advisors LLC now owns 5,407 shares of the network equipment provider’s stock valued at $417,000 after acquiring an additional 132 shares in the last quarter. Finally, Northstar Advisory Group LLC increased its stake in Cisco Systems by 1.6% in the fourth quarter. Northstar Advisory Group LLC now owns 8,203 shares of the network equipment provider’s stock valued at $632,000 after acquiring an additional 133 shares during the period. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Price Performance

The stock has a market cap of $342.76 billion, a price-to-earnings ratio of 32.61, a price-to-earnings-growth ratio of 3.21 and a beta of 0.87. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average is $77.57 and its 200-day moving average is $72.78.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were given a $0.41 dividend. The ex-dividend date was Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 1.9%. Cisco Systems’s payout ratio is 61.65%.

Cisco Systems Company Profile

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.