capital · May 20, 2026
Cisco Raises Price Targets to $112-$132 Citing Splunk Integration Upside
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Six Wall Street firms raised Cisco stock price targets to $112-$132 from prior consensus of $89.54 two days before May 20, 2026, following Q3 2026 earnings. Cisco reported Q3 2026 revenue of $15.8 billion and net income of $3.4 billion, with nine-month operating cash flow at $8.8 billion. The upgrades highlight sustained hyperscaler demand and Splunk integration as key growth drivers. Cisco's Q3 2026 results showed product revenue at $12.1 billion and diluted EPS of $0.85 versus $0.62 prior year.
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