By Rafael Müller
Publication Date: 2026-10-01 12:09:00
Cisco Systems (ISIN US17275R1023) stock was at EUR 95.59 at Lang & Schwarz on October 1, 2026 at 2:04 p.m. CEST, while MarketBeat reported on September 22, 2026 that Piper Sandler cut its Cisco target from USD 132.00 to USD 125.00 and kept a neutral rating. The target reduction puts valuation discipline beside Cisco’s strong AI infrastructure demand.
Target cut meets strong results
StockTitan reported that Cisco generated USD 63.33 billion in revenue for fiscal 2026, compared with USD 56.65 billion in fiscal 2025. Net income reached USD 13.27 billion, up from USD 10.18 billion, while diluted earnings per share rose to USD 3.33 from USD 2.55.
The latest quarter was the sharper operating signal. Revenue reached USD 17.25 billion, versus consensus of USD 16.84 billion, and adjusted earnings per share came in at USD 1.22, compared with USD 1.17 expected, according to MarketBeat. The revenue gap was USD 0.41 billion, giving the target cut a more cautious tone than the reported demand…
