CSCO · News · 20260923N

Customer Network Transformation

CISCO SYSTEMS, INC. · 2026-09-23 · Importance 34 · Surprise 42

Cisco announced a multiyear agreement to upgrade the University of Notre Dame’s campus network. The project will deploy 1,000 Cisco switches to create an AI-ready campus infrastructure. The reported agreement expands Cisco’s enterprise networking footprint at a higher-education customer, although the digest did not disclose contract value or revenue timing.

Key facts

• Envestnet Asset Management Inc. increased its stake in Cisco by 6.4%, now owning 10.7 million shares valued at $1.32 billion. source
• Analysts have a 'Moderate Buy' consensus rating for Cisco with a target price of $129.36, as reported in the Envestnet filing summary. source
• Cisco shares slipped about 0.3% to $106, reporting market movement associated with the Notre Dame campus upgrade news. source
• Cisco stock closed at USD 106.13 on September 23, 2026, a 0.29 percent decrease from the previous close. source
• Cisco Systems' stock fell 4.5% to $106.44 in one report. source
• GuruFocus's GF Value™ for Cisco is $74.66 and its GF Score™ is 85/100. source
• GuruFocus reported Cisco's valuation metric as low (3/10) and noted insider selling. source