$48.26
-0.09[-0.19%]
Last update: 3:06PM Get Real Time Here
Cisco Systems
(NASDAQ:CSCO)Cisco Systems Stock (NASDAQ:CSCO), Analyst Ratings, Price Targets, Predictions
Cisco Systems Inc has a consensus price target of $47.06, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, B of A Securities, and Citigroup on April 22, 2024, April 15, 2024, and April 12, 2024. With an average price target of $55 between JP Morgan, B of A Securities, and Citigroup, there's an implied 13.97% upside for Cisco Systems Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
B of A Securities
Citigroup
Morgan Stanley
Deutsche Bank
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Cisco Systems
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 9.82% | JP Morgan | Samik Chatterjee | → $53 | Reinstates | → Neutral | Get Alert |
| 04/15/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 24.33% | B of A Securities | Tal Liani | $55 → $60 | Upgrade | Neutral → Buy | Get Alert |
| 04/12/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 7.75% | Citigroup | Atif Malik | → $52 | Reinstates | → Neutral | Get Alert |
| 04/09/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 20.18% | Morgan Stanley | Meta Marshall | → $58 | Reinstates | → Overweight | Get Alert |
| 04/09/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 7.75% | Deutsche Bank | Matthew Niknam | $51 → $52 | Maintains | Hold | Get Alert |
| 04/09/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | — | Needham | Alex Henderson | — | Reiterates | → Hold | Get Alert |
| 03/20/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 5.68% | Piper Sandler | James Fish | $47 → $51 | Reiterates | Neutral → Neutral | Get Alert |
| 02/15/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | -0.54% | Barclays | Tim Long | $46 → $48 | Maintains | Equal-Weight | Get Alert |
| 02/15/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 7.75% | Wells Fargo | Aaron Rakers | → $52 | Initiates | → Equal-Weight | Get Alert |
| 02/12/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 13.97% | UBS | David Vogt | $54 → $55 | Maintains | Neutral | Get Alert |
| 01/08/2024 | CSCO | Buy Now | Cisco Systems | $48.26 | 13.97% | Melius Research | Ben Reitzes | → $55 | Downgrade | Buy → Hold | Get Alert |
| 11/17/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 3.61% | DZ Bank | Ingo Wermann | → $50 | Downgrade | Buy → Hold | Get Alert |
| 11/16/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 11.89% | Oppenheimer | Ittai Kidron | $58 → $54 | Maintains | Outperform | Get Alert |
| 11/16/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 11.89% | UBS | David Vogt | $55 → $54 | Maintains | Neutral | Get Alert |
| 11/16/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 3.61% | Piper Sandler | James Fish | $57 → $50 | Maintains | Neutral | Get Alert |
| 11/16/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 5.68% | Rosenblatt | Mike Genovese | $59 → $51 | Maintains | Neutral | Get Alert |
| 10/30/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | — | Raymond James | Simon Leopold | — | Downgrade | Outperform → Market Perform | Get Alert |
| 09/22/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 57.48% | Tigress Financial | Ivan Feinseth | $73 → $76 | Maintains | Buy | Get Alert |
| 09/13/2023 | CSCO | Buy Now | Cisco Systems | $48.26 | 24.33% | B of A Securities | Tal Liani | $56 → $60 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Cisco Systems (CSCO)?
The latest price target for Cisco Systems (NASDAQ: CSCO) was reported by JP Morgan on April 22, 2024. The analyst firm set a price target for $53.00 expecting CSCO to rise to within 12 months (a possible 9.82% upside). 41 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cisco Systems (CSCO)?
The latest analyst rating for Cisco Systems (NASDAQ: CSCO) was provided by JP Morgan, and Cisco Systems their neutral rating.
When was the last upgrade for Cisco Systems (CSCO)?
The last upgrade for Cisco Systems Inc happened on April 15, 2024 when B of A Securities raised their price target to $60. B of A Securities previously had a neutral for Cisco Systems Inc.
When was the last downgrade for Cisco Systems (CSCO)?
The last downgrade for Cisco Systems Inc happened on January 8, 2024 when Melius Research changed their price target from N/A to $55 for Cisco Systems Inc.
When is the next analyst rating going to be posted or updated for Cisco Systems (CSCO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cisco Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cisco Systems was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
Is the Analyst Rating Cisco Systems (CSCO) correct?
While ratings are subjective and will change, the latest Cisco Systems (CSCO) rating was a with a price target of $0.00 to $53.00. The current price Cisco Systems (CSCO) is trading at is $48.26, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.