Cisco Systems sets record closing high, shares extend Nasdaq rally
23.06.2026 - 08:26:58 | ad-hoc-news.de
By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-23, 08:25.
Cisco Systems (US17275R1023) set a new all-time closing high on Nasdaq in the latest session, with the shares finishing at 121.53 US dollars according to exchange data. The move came as large-cap US technology names from the S&P 500 and Nasdaq-100 advanced again, supported by robust demand for AI-related infrastructure reported by several peers.Nasdaq quote data for Cisco
What the new high signals
The 121.53 dollar close for Cisco shares marks a new record level above prior peaks around 118 dollars seen earlier this year, based on Nasdaq historical data. Trading volume stayed close to the recent 10-day average, indicating steady rather than euphoric participation in the move.MarketWatch overview of Cisco trading
On a year-to-date basis, Cisco shares have now gained clearly more than the wider S&P 500, which itself has been driven by heavyweight technology and semiconductor constituents. Investors continue to price in the company’s role as a key supplier of networking equipment and software for data centers and corporate networks that underpin AI workloads.
Analyst consensus and valuation today
Despite the fresh high, the analyst picture for Cisco remains mixed. On MarketScreener, 11 of 27 tracked analysts rate the stock a Buy, 13 a Hold and 3 a Sell, with an average target price around 116 US dollars, which now sits slightly below the latest market price.MarketScreener analyst consensus on Cisco
That implies Cisco trades at a premium to the current consensus target, reflecting how investors are willing to pay up for the company’s strong balance sheet and recurring software revenue. At roughly 121 dollars, Cisco’s forward price-earnings multiple sits in the mid-teens based on current fiscal-year EPS estimates, below some faster-growing cloud and AI infrastructure peers but above more cyclical hardware names.
Background and data on the Cisco Systems shares
All news, key figures and regulatory filings on Cisco Systems can be found bundled in the dedicated topic section.
How Cisco earns its money
Cisco’s core business centers on networking equipment and software, led by its Catalyst and Nexus switching platforms and enterprise routing products used in corporate and hyperscale data centers. The group has steadily expanded its software and subscriptions portfolio, including security and observability, to lift recurring revenue and reduce dependence on classic hardware cycles.Cisco 2025 investor presentation on portfolio mix
Where the shares trade now
The Cisco Systems shares (US17275R1023) trade on Nasdaq at 121.53 US dollars as of 2026-06-22, 22:00, according to the official closing 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: around 293 billion USD (as of 2026-06-22)
- Sector / industry: Communications Equipment / Networking
- 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, investment recommendation or an offer or solicitation to buy or sell any financial instrument. All information is based on sources deemed reliable, but cannot be guaranteed. Investors should conduct their own research and, where appropriate, consult a qualified financial advisor.
