Cisco Systems (CSCO) Stock Price Target 2026

The average analyst price target for Cisco Systems is $120.65, 24.8% above the current price. Of 16 analysts, 12 rate it Buy and 4 Hold. Targets range from $63 to $165. The latest change came on Nov 5, 2026, when Morgan Stanley downgraded Cisco Systems from Overweight to Equal-Weight and moved its price target from $135 to $120.

The Average Analyst Price Target for Cisco Systems is $120.65.

Price Target Range — 9 Quarters

Analyst Consensus — 16 Analysts

12Buy

4Hold

Consensus RatingBuy# Analysts16Avg. Consensus PT$120.65Upside to Avg. PT+24.8%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Cisco Systems Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 5, 2026	Morgan Stanley	Meta Marshall	Downgrade	Overweight→Equal-Weight	$135→$120
Sep 30, 2026	Bernstein	Daniel Zhu	Initiate	Market Perform	$110
Sep 22, 2026	Piper Sandler	James Fish	PT Cut	Neutral	$132→$125
Sep 1, 2026	Deutsche Bank	Gianmarco Conti	Initiate	Hold→Buy	$135
Aug 14, 2026	HSBC	Stephen Bersey	Downgrade	Buy→Hold	$137→$120
Aug 13, 2026	UBS	David Vogt	PT Raise	Buy	$132→$138
Aug 13, 2026	Truist Securities	Matthew Niknam	PT Raise	Buy	$125→$140
Aug 13, 2026	Barclays	Tim Long	PT Raise	Equal-Weight	$121→$123
Aug 13, 2026	Wells Fargo	Aaron Rakers	PT Raise	Overweight	$130→$150
Aug 13, 2026	Keybanc	Brandon Nispel	PT Raise	Overweight	$130→$135
Aug 13, 2026	Rosenblatt	Mike Genovese	PT Raise	Buy	$150→$165
Aug 13, 2026	Morgan Stanley	Meta Marshall	PT Raise	Overweight	$130→$135
Jun 25, 2026	Keybanc	Jackson Ader	PT Raise	Overweight	$125→$130
Jun 12, 2026	Morgan Stanley	Meta Marshall	PT Raise	Overweight	$120→$130
Jun 8, 2026	B of A Securities	Tal Liani	PT Raise	Buy	$135→$150
May 26, 2026	B of A Securities	Tal Liani	PT Raise	Buy	$114→$135
May 15, 2026	HSBC	Stephen Bersey	Upgrade	Hold→Buy	$77→$137
May 15, 2026	Barclays	Tim Long	PT Raise	Equal-Weight	$76→$121
May 14, 2026	UBS	David Vogt	PT Raise	Buy	$95→$132
May 14, 2026	Citigroup	Atif Malik	PT Raise	Buy	$90→$112