What Are Wall Street Analysts' Target Price for Cisco Systems Stock?

Core Insights - Cisco Systems, Inc. is a leading IP-based networking company with a market capitalization of $273.6 billion, operating globally across various regions [1] Stock Performance - Cisco's stock has outperformed the broader market, gaining 20.5% year-to-date (YTD) compared to the S&P 500 Index's 17.2% in 2025 [2] - Over the past 52 weeks, Cisco's stock increased by 28.1%, while the S&P 500 returned 18.1% [2] - However, Cisco slightly underperformed the Technology Select Sector SPDR Fund (XLK), which saw gains of 30.8% YTD and 30.4% over the past 52 weeks [3] Financial Results - Cisco reported Q4 results on August 13, showing a 7.6% year-over-year revenue increase to $14.7 billion, slightly exceeding expectations [4] - Non-GAAP EPS grew 13.8% year-over-year to $0.99, surpassing consensus estimates by 2.1% [4] - Analysts expect adjusted EPS for fiscal 2026 to grow 8.1% year-over-year to $3.32, driven by AI infrastructure investments [5] Analyst Ratings - The consensus rating among 24 analysts covering Cisco is a "Moderate Buy," with 11 "Strong Buys," one "Moderate Buy," and 12 "Hold" ratings [6] - This rating configuration is slightly less bullish than three months ago when 13 analysts recommended "Strong Buy" [7] - On August 15, HSBC analyst Stephen Bersey downgraded Cisco from "Buy" to "Hold," reducing the price target from $73 to $69, while the mean price target of $76.58 suggests a 7.4% premium to current levels [8]