Cisco Systems (NASDAQ:CSCO) Updates Q2 2026 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.010-1.030 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $15.0 billion-$15.2 billion, compared to the consensus revenue estimate of $14.6 billion. Cisco Systems also updated its FY 2026 guidance to 4.080-4.140 EPS.

Cisco Systems Price Performance

NASDAQ CSCO opened at $73.96 on Thursday. The stock’s 50-day moving average price is $69.46 and its two-hundred day moving average price is $67.20. The company has a market cap of $291.46 billion, a PE ratio of 28.23, a PEG ratio of 3.00 and a beta of 0.95. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems has a 1 year low of $52.11 and a 1 year high of $74.84.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the prior year, the company earned $0.91 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, analysts predict that Cisco Systems will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s payout ratio is currently 62.60%.

Analyst Ratings Changes

CSCO has been the topic of several analyst reports. Wells Fargo & Company boosted their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. HSBC reiterated a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Bank of America boosted their price objective on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Morgan Stanley raised their target price on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research note on Friday, October 10th. Finally, William Blair raised shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average price target of $75.50.

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the transaction, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. Company insiders own 0.01% of the company’s stock.

Hedge Funds Weigh In On Cisco Systems

Hedge funds have recently modified their holdings of the stock. WFA of San Diego LLC acquired a new stake in shares of Cisco Systems in the second quarter valued at about $60,000. Optimist Retirement Group LLC bought a new position in Cisco Systems in the second quarter valued at approximately $202,000. Binnacle Investments Inc grew its stake in Cisco Systems by 11.3% in the second quarter. Binnacle Investments Inc now owns 3,654 shares of the network equipment provider’s stock valued at $254,000 after purchasing an additional 372 shares in the last quarter. Sentinel Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 2nd quarter worth approximately $358,000. Finally, Talisman Wealth Advisors LLC raised its stake in shares of Cisco Systems by 2.5% during the 2nd quarter. Talisman Wealth Advisors LLC now owns 6,289 shares of the network equipment provider’s stock worth $436,000 after purchasing an additional 155 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.