The latest price target for Cisco Systems (NASDAQ:CSCO) was reported by HSBC on August 16, 2024. The analyst firm set a price target for $58.00 expecting CSCO to rise to within 12 months (a possible 12.98% upside). 34 analyst firms have reported ratings in the last year.

The latest analyst rating for Cisco Systems (NASDAQ:CSCO) was provided by HSBC, and Cisco Systems upgraded their buy rating.

The last upgrade for Cisco Systems Inc happened on August 16, 2024 when HSBC raised their price target to $58. HSBC previously had a hold for Cisco Systems Inc.

The last downgrade for Cisco Systems Inc happened on January 8, 2024 when Melius Research changed their price target from N/A to $55 for Cisco Systems Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cisco Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cisco Systems was filed on August 16, 2024 so you should expect the next rating to be made available sometime around August 16, 2025.

While ratings are subjective and will change, the latest Cisco Systems (CSCO) rating was a upgraded with a price target of $46.00 to $58.00. The current price Cisco Systems (CSCO) is trading at is $51.34, which is within the analyst’s predicted range.