Cisco Systems stock trades at EUR 93.98 after target cut
Published on 09/29/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cisco Systems (ISIN US17275R1023) was trading at EUR 93.98 at Lang & Schwarz on September 29, 2026, up 0.19 percent versus the prior close of EUR 93.80. The market is weighing a fresh analyst target cut against Cisco's strong fiscal fourth-quarter figures.
Piper Sandler lowers its target
According to MarketBeat on September 22, 2026, Piper Sandler lowered its Cisco price target from USD 132.00 to USD 125.00 while keeping a neutral rating. The change reflects concern over industry growth and valuation multiples, even as the target remains above the recent US share price cited in the report.
The target cut creates a clear counterpoint to Cisco's operating performance. MarketBeat reported a consensus Moderate Buy rating and an average target of USD 129.36, leaving the analyst picture constructive but less uniformly bullish than the consensus label suggests.
Q4 revenue beats consensus
Cisco's fourth-quarter fiscal 2026 revenue reached USD 17.25 billion, up 17.60 percent from the prior-year quarter, according to MarketBeat. Adjusted EPS was USD 1.22 versus a USD 1.17 consensus estimate, while revenue exceeded the USD 16.84 billion consensus by USD 0.41 billion.
The next test is Cisco's fiscal 2027 outlook. In its August 12, 2026 earnings call, Yahoo Finance reported that management guided for Q1 revenue of USD 18.00 billion to USD 18.20 billion and adjusted EPS of USD 1.32 to USD 1.34. The same call set fiscal 2027 adjusted EPS guidance at USD 5.05 to USD 5.11.
November results set the next checkpoint
Yahoo Finance reported that Cisco's next quarterly call is scheduled for November 12, 2026. That report will show whether the strong Q4 revenue growth is translating into the guided fiscal 2027 trajectory and whether the valuation concerns behind the Piper Sandler cut are easing.
Cisco Systems stock at a glance
- Company: Cisco Systems, Inc.
- ISIN: US17275R1023
- Ticker: CSCO
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of September 29, 2026, 1:35 p.m. CEST): EUR 93.98
- Change versus prior close: plus 0.19 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 93.80
- Market capitalization: USD 420.7 billion (as of September 28, 2026)
- 52-week range: USD 66.81-USD 130.37 (as of September 28, 2026)
- Sector / Industry: Technology / Communication Equipment
- Next earnings date: November 12, 2026
