Cisco Systems clears fresh Nasdaq record, shares trade around new highs
23.06.2026 - 20:03:30 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 20:02.
Cisco Systems (US17275R1023) set a new all-time closing high on Nasdaq at 121.53 US dollars in the latest session, according to official exchange data. The networking group thus extended the recent rally in large-cap US technology names from the S&P 500 and Nasdaq-100, which continues to be supported by strong demand for AI-related infrastructure reported by several peers, as noted in recent market commentary from Reuters and others.Reuters overview on US tech rally
What the record level shows
On Nasdaq, Cisco shares closed at 121.53 dollars on 2026-06-22 at 22:00, marking a clear break above earlier record zones around 118 dollars that had capped the stock in recent months, based on exchange and historical data.Nasdaq quote data for Cisco
The new high puts Cisco alongside other US technology heavyweights such as Nvidia and Broadcom in the cohort of stocks trading near or at record territory, a group that has benefited from the build-out of AI data centers and cloud infrastructure in the past quarters, according to multiple analyst comments from US brokerages.MarketWatch analysis on Cisco and peers
How analysts view Cisco now
On MarketScreener, 11 of 27 tracked analysts currently rate Cisco a Buy, 13 a Hold and 3 a Sell, with an average price target of about 116 US dollars, which now sits modestly below the latest closing price, reflecting that the stock has moved ahead of the prior consensus level.MarketScreener analyst consensus on Cisco
Bank of America recently reiterated a Buy rating on Cisco and lifted its price target from 114 to 135 dollars, citing ongoing product-cycle strength and the company’s positioning around AI networking and security workloads as key supports for the medium-term earnings profile, according to a summary of the research note on TrendSpider.TrendSpider summary of BofA target hike
All news and analysis on the Cisco Systems shares
Further corporate news, filings and market reactions to the Cisco Systems shares can be tracked in the dedicated topic channel and via the company’s investor-relations pages.
How Cisco makes its money
Cisco generates the bulk of its revenue from networking equipment such as enterprise switches and routers, complemented by data-center and security products and an expanding portfolio of software and subscriptions, as outlined in its latest Form 10-Q for the quarter ended April 25, 2026.Cisco quarterly report April 2026
Where the stock trades today
The Cisco Systems shares (US17275R1023) trade on Nasdaq under the ticker CSCO and last closed at 121.53 US dollars as of 2026-06-22, 22:00, according to the official Nasdaq data.
Key data on the Cisco Systems shares
- Company: Cisco Systems, Inc.
- ISIN: US17275R1023
- WKN: 878841
- Ticker: CSCO
- Trading venue: NASDAQ
- Price (as of 2026-06-22, 22:00): 121.53 USD
- Market cap: 472.20 billion USD (as of 2026-06-23)
- Sector / industry: Information Technology / Communications Equipment
- Index membership: S&P 500, NASDAQ-100
- Next earnings date: not officially scheduled
This text is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell securities. Past performance is not a reliable indicator of future results. Readers should conduct their own research and, where appropriate, seek professional advice.
