Cisco Systems (NASDAQ:CSCO) Shares Up 3% - Still a Buy?

2026-02-24 15:34:37

Abstract generation in progress

Cisco Systems (NASDAQ:CSCO) saw its stock rise 3% to $84.82, with analysts maintaining a “Moderate Buy” rating and an average price target of $90.38 after the company surpassed Q1 earnings and revenue expectations and issued strong FY2026 guidance. While institutional investors hold a significant portion of the stock, insiders have sold over 1 million shares in the last 90 days. The company also announced a quarterly dividend of $0.41 per share, representing an annualized yield of approximately 1.9%.

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