--- title: "Weekly Recap | Cisco -0.66%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298096849.md" description: "Cisco (CSCO) slipped 0.66% for the week to close at $109.2, underperforming the S&P 500 by roughly 0.75 percentage points. The week played out as a fade after an early pop: Monday (Aug 31) gapped higher to a weekly high of $111.38 and ended at $110.49, followed by two straight down days through Wednesday. Thursday (Sep 3) marked the week’s low at $107.6 before a light bounce on Friday to $109.2. Weekly amplitude was 3.43%, with daily turnover averaging about 14." datetime: "2026-09-05T06:35:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298096849.md) - [en](https://longbridge.com/en/news/298096849.md) - [zh-HK](https://longbridge.com/zh-HK/news/298096849.md) generator: "portal-rs" --- # Weekly Recap | Cisco -0.66%, consensus target above spot ## The Week Cisco (CSCO) slipped 0.66% for the week to close at $109.2, underperforming the S&P 500 by roughly 0.75 percentage points. The week played out as a fade after an early pop: Monday (Aug 31) gapped higher to a weekly high of $111.38 and ended at $110.49, followed by two straight down days through Wednesday. Thursday (Sep 3) marked the week’s low at $107.6 before a light bounce on Friday to $109.2. Weekly amplitude was 3.43%, with daily turnover averaging about 14.6m shares, about 25% below the 60-day median.\\n\\n## Key Events\\n\\nCisco’s story this week centred on AI infrastructure and its annual filing. Early in the week, news pointed to Saudi Arabia’s AI build-out, where AMD, Cisco and HUMAIN expanded local AI infrastructure and AMD Instinct systems went live; separately, Cisco and Supermicro joined forces in the AI data-centre push. Egypt also surfaced in reports on Cisco’s AI and cybersecurity expansion plans. On Thursday (Sep 3), the 10-K showed fiscal 2026 revenue of $63.3bn, beating estimates, with net income up 30% to $13.27bn and revenue growth of 12%. On the technical side, Cisco’s IOS XR bug hunt uncovered enough issues to bundle them into a single update release.\\n\\n## Analyst Ratings\\n\\nAcross 29 covering institutions, 14 rate Cisco a buy, 5 rate it overweight, 9 hold, and 1 has no opinion; none rate it underweight or sell. The consensus rating is buy, with a consensus target of $137.625, about 26% above the $109.2 close. The target range spans $115 to $170, a wide spread that shows visible disagreement, though even the low end sits above spot. Within the communications-equipment industry, Cisco ranks second out of 41 companies covered.\\n\\n## The Week Ahead\\n\\nThe macro calendar is dominated by inflation and labour-market data. Thursday (Sep 10) brings US final-demand PPI, core PPI, initial jobless claims, existing-home sales annualised, and wholesale sales, alongside a 10-year Treasury auction and EIA natural-gas storage change. NFIB small-business optimism arrives on Tuesday (Sep 8). These prints will shape rate-path pricing and could set the tone for risk appetite across large-cap tech and communications-equipment names. Cisco itself has no earnings on the schedule next week, leaving the focus on the macro side.\\n\\n## In Short\\n\\nCisco’s fundamental signals leaned positive this week: annual revenue and net income both grew, the consensus rating sits at buy with a target about 26% above spot, and valuation stands near 32.45x P/E and 8.56x P/B. Yet the stock fell on the week and lagged the market on lighter volume, while the latest session’s flow data show large-lot money was relatively restrained and retail leaned mildly toward inflows. The tension is between an upward-tilted earnings and ratings picture on one side and short-term price weakness plus a macro-data window on the other. The next leg will likely hinge on how the inflation and labour prints land and whether the high end of the target range starts to draw price follow-through.\\n\\n*This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [CSCO.US](https://longbridge.com/en/quote/CSCO.US.md) - [CSCL.US](https://longbridge.com/en/quote/CSCL.US.md) - [CSCS.US](https://longbridge.com/en/quote/CSCS.US.md) ## Related News & Research - [Crosspoint Capital Partners Adds Former Five9 and Cisco Executive Panos Kozanian to Operating Team | CSCO Stock News](https://longbridge.com/en/news/299055664.md) - [Infleqtion collaborates with Cisco on networked quantum technology R&D](https://longbridge.com/en/news/298600559.md) - [Is the AI bubble bursting?](https://longbridge.com/en/news/298981516.md) - [How Meta tried, and failed, to grab its employees' data for AI](https://longbridge.com/en/news/298706095.md) - [A legal AI startup has a plan to take on Lexis Nexis and Westlaw](https://longbridge.com/en/news/298892675.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**