CSCO
Cisco Systems, Inc.
September 22, 2026 · intraday
- Rarity
- 1.70
- Peak move
- −6.17%
- Float cap
- $438.8B
Cisco Systems, Inc. designs and sells networking hardware, software, and AI-powered digital infrastructure that help power, secure, and draw insights from the Internet. Its offerings span networking, security, collaboration, and observability, plus technical support and professional services. It serves businesses of all sizes, public institutions, governments, service providers, and hyperscalers globally.
Where do you see this going?
no votes yetVoting closed at 4:00 PM ET.
What we found
10 events · 0 from SEC or newswire · 0 timed with the moveanalyst_ratingPiper Sandler lowered its price target on Cisco Systems (CSCO) to $125 from $132 while keeping a Neutral rating, citing lower sector multiples on fears of peaking growth and updating its model after Cisco's 10-K.
analyst_ratingPiper Sandler maintained a Neutral rating on Cisco Systems (CSCO) in a research note, with the consensus of 28 analysts showing an average price target of $137.25 versus the last close of $111.46.
analyst_ratingWall Street Zen upgraded Cisco Systems (CSCO) from Hold to Buy on September 20, 2026, as analyst sentiment improved to a Moderate Buy consensus with an average price target of $129.68.
major_contractCisco's Splunk unit entered a multi-year joint security development agreement with AWS to co-develop Splunk-centered security products for AI-driven threats, announced alongside Splunk AI expansions at the Splunk .conf conference.
insider_saleCisco President and Chief Product Officer Jeetendra I. Patel received a grant of 139,225 restricted stock units at $0 on Sept 16, vesting 34% on Nov 10, 2027 and 8.25% quarterly thereafter, per a Sept 18 Form 4, and directly holds 369,818 shares.
pricing_changeCisco CEO Chuck Robbins said on a conference call that the company has announced price increases to offset higher memory component costs and will keep monitoring the market and adjust as needed.
product_launchAt Splunk .conf 2026 in Denver, Cisco launched Cisco AI POD for Splunk with Cisco infrastructure, NVIDIA accelerated computing and Kubernetes for on-premises, private-cloud and air-gapped Splunk AI; AI Assistant is available now and Agent Launchpad is due later this year.
peer_disclosureArista Networks 10% holder Andreas Bechtolsheim filed a Form 144 notice to sell 300,000 common shares worth about $59.86 million on Sept 17, 2026 under a Rule 10b5-1 plan, having sold 2,071,848 shares over the prior three months.
analyst_ratingMorgan Stanley kept an Overweight rating and $135 price target on Cisco, with analyst Meta Marshall citing Cisco's procurement edge of larger purchase commitments and a direct TSMC relationship amid shortages of memory chips, pump lasers and leading-edge silicon.
commodity_eventDRAM and NAND memory prices rose sharply, with Cisco saying some memory costs tripled, pushing it to raise prices and renegotiate contracts, while its Q4 gross margin fell 210 basis points to 66.3%.