Cisco Systems Price Target Raised by Evercore ISI Group to $74

Evercore ISI Group raised the price target for Cisco Systems (CSCO) to $74 from $72, a 2.78% increase. The analyst maintained an "In-Line" rating, indicating a neutral stance on the stock's performance. Cisco Systems is the largest provider of networking equipment globally and has leading market shares in networking hardware and software, cybersecurity, and collaboration products. The average target price for CSCO is $73.65, with a high estimate of $87.00 and a low estimate of $59.22, indicating a 4.72% upside from the current price.

Evercore ISI Group has increased its price target for Cisco Systems (CSCO) to $74 from $72, representing a 2.78% increase. The analyst maintained an "In-Line" rating, indicating a neutral stance on the stock's performance [1]. Cisco Systems is the largest provider of networking equipment globally, with leading market shares in networking hardware and software, cybersecurity, and collaboration products [2].

The average target price for CSCO is $73.65, with a high estimate of $87.00 and a low estimate of $59.22, indicating a 4.72% upside from the current price. The recent earnings report showed a 7.6% increase in quarterly revenue, achieving $14.67 billion, while also exceeding analyst expectations. The company's earnings per share (EPS) of $0.99 also beat forecasts [1].

Several other research firms have weighed in on CSCO. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a "hold" rating to a "buy" rating and raised their price target from $65.00 to $73.00. Wells Fargo & Company increased their target price from $75.00 to $83.00 and gave the company an "overweight" rating. CICC Research began coverage on Cisco Systems with an "outperform" rating and a $78.00 target price. New Street Research restated a "neutral" rating and set a $70.00 price target. Piper Sandler increased their price target from $60.00 to $64.00 and gave the company a "neutral" rating [1].

Institutional investors and hedge funds hold 73.33% of the stock, with several recent changes in their holdings. Norges Bank acquired a new stake in Cisco Systems in the 2nd quarter, and Franklin Resources Inc. increased its stake by 46.2%. Goldman Sachs Group Inc. increased its stake by 37.4% in the 1st quarter. Nuveen LLC purchased a new position in Cisco Systems in the 1st quarter [1].

Despite the positive analyst ratings and financial performance, corporate insider sentiment towards Cisco Systems has been negative, with an increase in insiders selling their shares over the past quarter [2]. This mixed sentiment warrants caution for investors, but the consistent analyst upgrades and strong financial performance provide a positive outlook for the company.

References:
[1] https://www.marketbeat.com/instant-alerts/cisco-systems-nasdaqcsco-stock-price-expected-to-rise-evercore-isi-analyst-says-2025-08-14/
[2] https://www.ainvest.com/news/cisco-systems-receives-buy-rating-rosenblatt-securities-87-price-target-2508/