Bulls vs Bears
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Cisco Systems Inc has a consensus price target of $59.33 based on the ratings of 28 analysts. The high is $78 issued by Tigress Financial on October 14, 2024. The low is $44 issued by Citigroup on August 18, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, Citigroup, and B of A Securities on December 17, 2024, November 14, 2024, and November 14, 2024, respectively. With an average price target of $68 between Morgan Stanley, Citigroup, and B of A Securities, there's an implied 16.16% upside for Cisco Systems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cisco Systems (NASDAQ:CSCO) was reported by Morgan Stanley on December 17, 2024. The analyst firm set a price target for $68.00 expecting CSCO to rise to within 12 months (a possible 16.16% upside). 39 analyst firms have reported ratings in the last year.
The latest analyst rating for Cisco Systems (NASDAQ:CSCO) was provided by Morgan Stanley, and Cisco Systems maintained their overweight rating.
The last upgrade for Cisco Systems Inc happened on November 11, 2024 when JP Morgan raised their price target to $66. JP Morgan previously had a neutral for Cisco Systems Inc.
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.
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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Cisco Systems (CSCO) rating was a maintained with a price target of $62.00 to $68.00. The current price Cisco Systems (CSCO) is trading at is $58.54, which is out of the analyst’s predicted range.
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