Piper Sandler cuts target to USD 125 for Cisco Systems stock

Published on 10/20/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cisco Systems stock costs EUR 94.74 on October 20, 2026. Fiscal 2026 revenue rose 11.8 percent to USD 63.33 billion.

Cisco target reset and growth test

Piper Sandler cut its Cisco target from USD 132 to USD 125 on October 20, 2026.
Fiscal 2026 revenue rose 11.8 percent to USD 63.33 billion.
Cisco Systems stock trades at EUR 94.74 at 11:00 a.m. CEST at Lang & Schwarz on October 20, 2026.

Flatlay aus Aktienzertifikat, ISIN-Karte und Netzwerkkabel, Symbolbild für Cisco Systems Inc — Flatlay mit Aktienzertifikat und Netzwerktechnik-Utensilien veranschaulicht die Kapitalanlage in Cisco Systems Inc., ISIN US17275R1023, Illustration mit AI erstellt.

Cisco Systems (ISIN US17275R1023) drew a lower valuation call on October 20, 2026, when Piper Sandler cut its price target from USD 132 to USD 125 while keeping a Neutral rating, according to Ground News. The revision puts the analyst target 5.30 percent below its former level and shifts attention from artificial intelligence demand to the pace of networking growth.

Three events shaped the setup

On August 12, 2026, Cisco reported fiscal fourth-quarter revenue of USD 17.25 billion, up 17.6 percent year over year, while non-GAAP earnings per share reached USD 1.22, according to Financial Report Insights. On October 7, 2026, Cisco introduced agentic collaboration products at WebexOne 2026, a release carried by FinanzNachrichten. Piper Sandler's October 20 target reduction is the latest dated event.

What does the target cut change?

The change reduces the target by 5.30 percent, from USD 132 to USD 125. That caution contrasts with Cisco's fiscal 2027 outlook for revenue of USD 72.2 billion to USD 73.4 billion and non-GAAP earnings per share of USD 5.05 to USD 5.11, figures reported by Yahoo Finance. The investor question is whether AI infrastructure orders convert into revenue quickly enough to support that forecast.

Next reporting date

Cisco is scheduled to report its fiscal first-quarter 2027 results on November 11, 2026, with consensus earnings per share of USD 1.15, according to MetaCap.

Stock trades below its recent high

Finance data place Cisco's market capitalization at USD 419.9 billion and its 52-week range at USD 69.85 to USD 130.37 as of October 19, 2026. Its primary listing is Nasdaq under ticker CSCO. Cisco Systems stock was trading at EUR 94.74 at Lang & Schwarz on October 20, 2026 at 11:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Cisco Systems stock.