Cisco Systems (NASDAQ:CSCO) Given New $90.00 Price Target at Citigroup

Cisco Systems (NASDAQ:CSCO) had its price target raised by Citigroup from $85.00 to $90.00 in a research report sent to investors on Thursday,MarketScreener reports. Citigroup currently has a buy rating on the network equipment provider’s stock.

A number of other analysts have also commented on the company. KeyCorp boosted their price objective on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. BNP Paribas Exane upped their price target on Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Zacks Research raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Evercore ISI lifted 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. Finally, Erste Group Bank upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus target price of $96.48.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $75.00 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $77.86 and a two-hundred day simple moving average of $73.00. Cisco Systems has a 12 month low of $52.11 and a 12 month high of $88.18. The firm has a market capitalization of $296.33 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 3.23 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.02. The firm had revenue of $15.35 billion during the quarter, compared to analysts’ expectations of $15.11 billion. Cisco Systems had a net margin of 19.22% and a return on equity of 28.06%. The business’s revenue was up 9.7% on a year-over-year basis. During the same period last year, the company earned $0.94 earnings per share. Analysts forecast that Cisco Systems will post 3.04 EPS for the current fiscal year.

Cisco Systems Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd will be issued a $0.42 dividend. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s payout ratio is presently 61.65%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,745 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. This trade represents a 0.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael D. Capellas sold 10,850 shares of Cisco Systems stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the sale, the director directly owned 146,368 shares in the company, valued at $11,289,363.84. This trade represents a 6.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 507,122 shares of company stock valued at $39,545,816 in the last three months. 0.01% of the stock is owned by corporate insiders.

Institutional Trading of Cisco Systems

Hedge funds have recently made changes to their positions in the company. Bare Financial Services Inc raised its stake in Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares during the period. Marquette Asset Management LLC bought a new position in Cisco Systems during the third quarter worth about $25,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Cisco Systems in the fourth quarter worth about $25,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Cisco Systems in the fourth quarter valued at approximately $25,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of Cisco Systems in the second quarter valued at approximately $28,000. 73.33% of the stock is currently owned by institutional investors.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Strong Q2 results and AI demand — Cisco reported record Q2 revenue (~$15.3B), topped estimates on revenue and non‑GAAP EPS, and disclosed $2.1B of AI infrastructure orders from hyperscalers, confirming durable AI-driven demand. Cisco Q2 press release
• Positive Sentiment: New AI networking silicon — Cisco unveiled the Silicon One G300 chip and new routers aimed at large AI clusters, a strategic product push into AI infrastructure that supports longer‑term revenue potential. AI chip announcement
• Positive Sentiment: Analysts and capital return support — Several firms raised price targets / reiterated buys after the quarter (Citigroup, UBS, BNP, Rosenblatt among others), and Cisco raised the quarterly dividend, underscoring confidence from some analysts and continued shareholder returns. Analyst target changes
• Neutral Sentiment: Guidance: revenue beats but margin commentary mixed — Cisco raised FY26 revenue and EPS ranges above consensus, and provided Q3 revenue/EPS ranges in line with estimates; however, some of the guidance implicitly assumes tariff/memory impacts, making near‑term clarity mixed. Q2 slide deck / guidance
• Negative Sentiment: Margin pressure from rising memory costs — The main driver of the selloff: management warned higher memory prices are pressuring gross margins, and reported gross margin came in below some estimates, sparking investor concern about margin sustainability. Memory price pressure / CNBC
• Negative Sentiment: Market reaction: cautious outlook & sector spillover — Traders interpreted the margin commentary as a “mediocre”/cautious near‑term outlook despite the beat, driving a sharp intraday decline in Cisco and weighing on other networking/chip names (Arista, chipmakers) and broader tech ETFs. MarketWatch sector impact
• Negative Sentiment: Short interest / volume noise — Reports of increased trading and anomalous short‑interest figures (zeros/NaNs in some feeds) are noisy and not a clear driver; the dominant price action is driven by margin fears and heavy sell volume. Seeking Alpha: investor sentiment

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.