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CSCOCisco Systems, Inc.Hold5.7·$119.50-0.56%
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Cisco Systems, Inc. (CSCO) Stock Analysis

Range Bound setup · Temp Headwind edge

HoldModerate Confidence

Technology · Communication Equipment

Hold if already holding. Not a fresh buy at $119.50, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: single source or limited sources; Analyst target reached - limited upside remaining.

Cisco designs and sells networking, security, collaboration, and observability technologies—hardware and software subscriptions—globally across three segments: Americas, EMEA, and Asia Pacific, Japan, and China. Revenue is generated through direct and indirect channels including... Read more

$119.50+6.8% A.UpsideScore 5.7/10#8 of 21 Communication Equipment
QualityF-score8 / 9FCF yield1.96%
IncomeYield1.40%(5y avg 2.79%)Payout55.00%sustainable
Stop $111.20Target $127.76(resistance)A.R:R -0.6:1
Analyst target$126.95+6.2%22 analysts
$127.76our TP
$119.50price
$126.95mean
$85
$150

Hold if already holding. Not a fresh buy at $119.50, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: single source or limited sources; Analyst target reached - limited upside remaining. Chart setup: RSI 50 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news boost analyst cluster(7), earnings proximity 57d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and 8k serious 2.05. Suitability: moderate.

10-K grounded · weekly refresh

About Cisco Systems, Inc.

About Cisco Systems, Inc.

Cisco's technology portfolio spans Networking, Security, Collaboration, and Observability—combining hardware and subscription software—managed through three geographic segments: Americas, EMEA, and Asia Pacific, Japan, and China. The Security portfolio was strengthened by the acquisition of Splunk in the third quarter of fiscal 2024, integrating security analytics and observability capabilities. Cisco's worldwide sales and marketing function consisted of approximately 25,600 employees at end of fiscal 2025, selling through direct channels and indirect partners including systems integrators, service providers, and distributors.

Cisco generates revenue from hardware, perpetual software licenses, SaaS subscriptions, technical support services, and professional services sold to enterprise, public sector, and service provider and cloud customers. Service provider and cloud orders have historically been characterized by large, sporadic purchases with long implementation cycles; the 10-K notes this segment may face high customer concentration for bespoke product designs, where such designs would "be difficult to sell to alternate customers should the primary customer reduce its product orders with Cisco." Supply chain risk is explicit: certain components are available only from a single source or limited sources, and in fiscal 2025 Cisco entered additional purchase commitments for Cisco Silicon One manufacturing, expecting to continue these commitments into fiscal 2026. These commitments have already produced negative product gross margin impacts and expose the company to potential excess and obsolete inventory charges if demand falls. A supplier legal dispute settled on August 26, 2025, resulted in a charge to product cost of sales under long-term supply arrangements.

Show full overview

The single-source component dependency—"certain components are presently available only from a single source or limited sources"—creates identifiable procurement concentration absent long-term supply guarantees. The August 26, 2025 supplier settlement demonstrates real financial impact from this dependency, not merely theoretical risk. Simultaneously, the 10-K explicitly identifies price-focused competition from competitors in Asia, especially from China, as an ongoing headwind—creating a scenario where geopolitical supply-chain exposure and pricing pressure converge on Cisco's product gross margin over the same China-Taiwan risk horizon.

See also: Technology · Communication Equipment

From Cisco Systems, Inc.'s most recent 10-K filing, extracted June 9, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 12, 202657d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Strong growth profile
Risks
Concentration risk — Supplier: single source or limited sources
Analyst target reached - limited upside remaining
Expensive valuation

Key Metrics

P/E (TTM)40.1
P/E (Fwd)25.2
Mkt Cap$473.6B
EV/EBITDA28.8
Profit Mgn19.7%
ROE25.2%
Rev Growth12.0%
Beta1.00
Dividend1.40%
Rating analysts33

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C0.81neutral
IV46%normal
Max Pain$180+50.6% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHSuppliersingle source or limited sources
    10-K Item 1A: 'certain components are presently available only from a single source or limited sources'

Material Events(8-K, last 90d)

  • 2026-05-13Item 2.05MEDIUM
    Cisco filed notice of costs associated with exit or disposal activities (Item 2.05) alongside Q3 fiscal 2026 earnings results on May 13, 2026. Specific nature and amount of restructuring costs not detailed in truncated body content.
    SEC filing →
  • 2026-05-01Item 5.02MEDIUM
    M. Victoria Wong notified Cisco of her retirement as SVP and Chief Accounting Officer effective May 19, 2026. Nichlas A. Fink, VP and Corporate Controller since November 2022, appointed as successor effective May 20, 2026. Clean handoff; no reason for departure cited beyond retirement.
    SEC filing →
  • 2026-04-06Item 5.02LOW
    On March 31, 2026, Daniel H. Schulman resigned from the Cisco Board effective May 21, 2026 due to increased time demands of his new role as CEO of Verizon Communications. Peter A. Shimer appointed to the Board effective April 6, 2026.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
1.1
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
Pe
3.0
Analyst Target
4.0
Peg Ratio
4.8
Ps
5.0
Forward Pe
5.0
Forward P/E: 25.2xPEG: 1.67
GatesMomentum 2.7<4.5A.R:R -0.6=NEGATIVE8K SERIOUS 2.05Insider activity: OKNEWS BOOST ANALYST CLUSTER(7)EARNINGS PROXIMITY 57d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
50 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $113.57Resistance $130.37

Price Targets

$111
$128
A.Upside+6.9%
A.R:R-0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-4.4% upside)
! momentum at 2.7 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-12 (57d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CSCO stock a buy right now?

Hold if already holding. Not a fresh buy at $119.50, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: single source or limited sources; Analyst target reached - limited upside remaining. Chart setup: RSI 50 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $127.76 (+6.9%), stop $111.20 (−7.5%), A.R:R -0.6:1. Score 5.7/10, moderate confidence.

What is the CSCO stock price target?

Take-profit target: $127.76 (+6.8% upside). Target $127.76 (+6.9%), stop $111.20 (−7.5%), A.R:R -0.6:1. Stop-loss: $111.20.

What are the risks of investing in CSCO?

Concentration risk — Supplier: single source or limited sources; Analyst target reached - limited upside remaining; Expensive valuation.

Is CSCO overvalued or undervalued?

Cisco Systems, Inc. trades at a P/E of 40.1 (forward 25.2). TrendMatrix value score: 3.8/10. Verdict: Hold.

What do analysts say about CSCO?

33 analysts cover CSCO with a consensus score of 3.9/5. Average price target: $127.

What does Cisco Systems, Inc. do?Cisco designs and sells networking, security, collaboration, and observability technologies—hardware and software...

Cisco designs and sells networking, security, collaboration, and observability technologies—hardware and software subscriptions—globally across three segments: Americas, EMEA, and Asia Pacific, Japan, and China. Revenue is generated through direct and indirect channels including systems integrators, service providers, and distributors; the worldwide sales function had approximately 25,600 employees at end of fiscal 2025.

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