Fintel reports that on May 15, 2025, Wells Fargo upgraded their outlook for Cisco Systems (NasdaqGS:CSCO) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 13.89% Upside
As of May 6, 2025, the average one-year price target for Cisco Systems is $69.81/share. The forecasts range from a low of $55.98 to a high of $84.00. The average price target represents an increase of 13.89% from its latest reported closing price of $61.29 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Cisco Systems is 59,642MM, an increase of 7.23%. The projected annual non-GAAP EPS is 4.12.
What is the Fund Sentiment?
There are 4,765 funds or institutions reporting positions in Cisco Systems. This is an increase of 70 owner(s) or 1.49% in the last quarter. Average portfolio weight of all funds dedicated to CSCO is 0.64%, an increase of 6.30%. Total shares owned by institutions decreased in the last three months by 0.41% to 3,396,517K shares. 
The put/call ratio of CSCO is 0.73, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 112,267K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 114,893K shares , representing a decrease of 2.34%. The firm increased its portfolio allocation in CSCO by 7.11% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 107,898K shares representing 2.71% ownership of the company. In its prior filing, the firm reported owning 105,518K shares , representing an increase of 2.21%. The firm increased its portfolio allocation in CSCO by 7.61% over the last quarter.
Geode Capital Management holds 98,095K shares representing 2.47% ownership of the company. In its prior filing, the firm reported owning 95,621K shares , representing an increase of 2.52%. The firm decreased its portfolio allocation in CSCO by 42.61% over the last quarter.
Invesco Qqq Trust, Series 1 holds 80,788K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 78,242K shares , representing an increase of 3.15%. The firm increased its portfolio allocation in CSCO by 6.08% over the last quarter.
Charles Schwab Investment Management holds 78,183K shares representing 1.97% ownership of the company. In its prior filing, the firm reported owning 80,519K shares , representing a decrease of 2.99%. The firm decreased its portfolio allocation in CSCO by 18.80% over the last quarter.
Cisco Systems Background Information
(This description is provided by the company.)
Cisco is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
