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

Cisco Systems (NASDAQ:CSCO) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.270-4.290 for the period, compared to the consensus EPS estimate of 4.010. The company issued revenue guidance of $62.8 billion-$63.0 billion, compared to the consensus revenue estimate of $61.6 billion. Cisco Systems also updated its Q4 2026 guidance to 1.160-1.180 EPS.

Cisco Systems Trading Up 2.6%

CSCO stock traded up $2.58 during midday trading on Wednesday, hitting $101.87. 34,208,050 shares of the company’s stock were exchanged, compared to its average volume of 22,356,156. The stock’s fifty day moving average price is $83.48 and its 200-day moving average price is $79.14. Cisco Systems has a one year low of $60.85 and a one year high of $102.01. The company has a market cap of $402.38 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 3.70 and a beta of 0.92. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.02. The firm had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Research analysts predict that Cisco Systems will post 3.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CSCO. Evercore lifted their price target on Cisco Systems from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. BNP Paribas Exane raised their price objective on shares of Cisco Systems from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Zacks Research downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. UBS Group upped their price target on Cisco Systems from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Argus raised shares of Cisco Systems to a “strong-buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $90.29.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 7,981 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total value of $634,489.50. Following the sale, the executive vice president directly owned 187,097 shares of the company’s stock, valued at approximately $14,874,211.50. This trade represents a 4.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 3,132 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total transaction of $249,745.68. Following the sale, the executive vice president directly owned 188,613 shares of the company’s stock, valued at $15,040,000.62. The trade was a 1.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 46,431 shares of company stock valued at $3,574,820. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems News Summary

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Wall Street commentary ahead of earnings has been upbeat, with analysts pointing to strong AI networking demand, robust product orders, and hyperscaler momentum as potential drivers of double-digit revenue growth. The Zacks Analyst Blog Cisco, Arista Networks, Dell and Hewlett
• Positive Sentiment: Cisco joined a multi-company AI data center alliance aimed at setting open standards for optical connectivity, a move that reinforces its role in the fast-growing AI infrastructure buildout. Cisco Joins AI Data Center Alliance As Stock Trades Above Targets
• Positive Sentiment: Investor optimism is also being supported by expectations that Cisco will post another quarter of earnings and revenue growth, with analysts looking for EPS of about $1.03-$1.04 and revenue around $15.56 billion. Cisco Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
• Positive Sentiment: Jim Cramer said Cisco’s data center business looks bright, adding to the upbeat pre-earnings narrative around the company’s growth in networking and AI-related infrastructure. Jim Cramer on Cisco: “The Future Is Bright for the Data Center Part of the Business”
• Neutral Sentiment: Several previews note that Cisco is heading into earnings after a strong rally and at or near record highs, so results and guidance may need to be solid to justify the recent valuation expansion. Cisco Q3 Preview: Stock Hits New Highs, Expert Asks ‘Can It Return To Those Parabolic ’90s Like Returns?’
• Neutral Sentiment: Traders are expecting a sizable post-earnings move, which suggests the stock could stay volatile around the report even if the long-term outlook remains constructive. How Much Is Cisco Stock Expected to Move After Earnings This Week?

Institutional Trading of Cisco Systems

Large investors have recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after buying an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Cisco Systems by 7.5% during the second quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock worth $706,000 after acquiring an additional 712 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Cisco Systems by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider’s stock worth $969,000 after acquiring an additional 519 shares during the period. Finally, Marshall Wace LLP increased its stake in Cisco Systems by 118.1% during the second quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock worth $6,289,000 after acquiring an additional 590,650 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.