CSCO trades 24.0% below Wall Street's consensus target of $132.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CSCO achieves its forward estimates and maintains a stable P/E multiple of 24.9x. This scenario reflects the blended consensus of 74 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 23, 2026, Cisco Systems, Inc. (CSCO) has a Wall Street consensus price target of $132.00, based on estimates from 74 covering analysts. With the stock currently trading at $106.44, this represents a potential upside of +24.0%. The company has a market capitalization of $419.53B.
Analyst price targets range from a low of $110.00 to a high of $150.00, representing a 30% spread in expectations. The median target of $135.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 38 analysts rating the stock as a Buy or Strong Buy,35 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, CSCO trades at a trailing P/E of 32.0x and forward P/E of 24.9x. The forward PEG ratio of 4.22 reflects a premium valuation. Analysts expect EPS to grow +28.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $137.98, with bear and bull scenarios of $86.92 and $181.80 respectively. Model confidence stands at 55/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 HPEHewlett Packard Enterprise Company | $80.8B | $61.04 | $67.75 | +11.0% | Hold | 16.0x | 39 |
 ANETArista Networks, Inc. | $258.4B | $205.19 | $224.85 | +9.6% | Buy | 50.0x | 53 |
 NTGRNETGEAR, Inc. | $601M | $22.38 | $33.25 | +48.6% | Hold | 78.5x | 17 |
 EXTRExtreme Networks, Inc. | $2.9B | $22.11 | $33.00 | +49.3% | Buy | 21.4x | 18 |
 CIENCiena Corporation | $52.2B | $368.56 | $490.83 | +33.2% | Buy | 51.4x | 42 |
 FFIVF5, Inc. | $25.6B | $453.33 | $416.60 | -8.1% | Hold | 26.2x | 61 |
 FTNTFortinet, Inc. | $127.7B | $174.26 | $158.64 | -9.0% | Hold | 50.5x | 69 |
 PANWPalo Alto Networks, Inc. | $255.3B | $374.57 | $396.53 | +5.9% | Buy | 89.4x | 89 |
 CHKPCheck Point Software Technologies Ltd. | $14.0B | $137.13 | $145.05 | +5.8% | Hold | 13.1x | 63 |
 ZBRAZebra Technologies Corporation | $17.2B | $361.61 | $373.86 | +3.4% | Buy | 17.1x | 27 |
Quick answers to the most common questions about buying CSCO stock.
The consensus Wall Street price target for CSCO is $132, representing 24.0% upside from the current price of $106.44. With 74 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CSCO has a consensus rating of "Buy" based on 74 Wall Street analysts. The rating breakdown is predominantly bullish, with 38 Buy/Strong Buy ratings. The consensus 12-month price target of $132 implies 24.0% upside from current levels.
CSCO trades at a forward P/E of 24.8889x, representing a moderate valuation. With analysts targeting $132 (24.0% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $150 for CSCO, while the most conservative target is $110. The consensus of $132 represents the median expectation. Our quantitative valuation model projects a bull case target of $182 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CSCO is heavily covered by Wall Street, with 74 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 38 have Buy ratings, 35 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CSCO stock forecast based on 74 Wall Street analysts shows a consensus price target of $132, with estimates ranging from $110 (bear case) to $150 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $138, with bear/bull scenarios of $87/$182.
Our quantitative valuation model calculates CSCO's fair value at $138 (base case), with a bear case of $87 and bull case of $182. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 55/100.
CSCO trades at a forward P/E ratio of 24.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 32.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on CSCO, with a "Buy" consensus rating and $132 price target (24.0% upside). 38 of 74 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CSCO analyst price targets range from $110 to $150, a 30% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $132 consensus represents the middle ground. Our model's $87-$182 range provides an independent fundamental perspective.
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