Cisco Systems (NASDAQ:CSCO – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.160-1.180 for the period, compared to the consensus earnings per share estimate of 1.040. The company issued revenue guidance of $16.7 billion-$16.9 billion, compared to the consensus revenue estimate of $15.8 billion. Cisco Systems also updated its FY 2026 guidance to 4.270-4.290 EPS.
Cisco Systems Stock Performance
CSCO stock traded up $2.58 on Wednesday, hitting $101.87. The company’s stock had a trading volume of 34,208,050 shares, compared to its average volume of 22,356,156. The stock has a market cap of $402.38 billion, a price-to-earnings ratio of 35.74, a price-to-earnings-growth ratio of 3.70 and a beta of 0.92. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. Cisco Systems has a 1 year low of $60.85 and a 1 year high of $102.01. The firm has a 50 day moving average of $83.48 and a two-hundred day moving average of $79.14.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.02. The company had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. 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. Equities analysts predict that Cisco Systems will post 3.42 EPS for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Report on CSCO
Insider Buying and Selling at Cisco Systems
In other news, EVP Oliver Tuszik sold 3,132 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president directly owned 188,613 shares of the company’s stock, valued at $15,040,000.62. This represents a 1.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeetendra I. Patel sold 11,248 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $76.00, for a total transaction of $854,848.00. Following the transaction, the insider directly owned 262,776 shares in the company, valued at approximately $19,970,976. This trade represents a 4.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 46,431 shares of company stock worth $3,574,820. Company insiders own 0.01% of the company’s stock.
Key Cisco Systems News
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?
Hedge Funds Weigh In On Cisco Systems
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp grew its stake in shares of Cisco Systems by 0.5% during the 4th quarter. State Street Corp now owns 195,521,161 shares of the network equipment provider’s stock worth $15,060,995,000 after purchasing an additional 1,057,962 shares during the period. Morgan Stanley grew its stake in Cisco Systems by 0.3% in the 4th quarter. Morgan Stanley now owns 75,326,258 shares of the network equipment provider’s stock valued at $5,802,382,000 after acquiring an additional 206,352 shares during the last quarter. Bank of America Corp DE grew its stake in Cisco Systems by 2.1% in the 4th quarter. Bank of America Corp DE now owns 52,148,049 shares of the network equipment provider’s stock valued at $4,016,964,000 after acquiring an additional 1,096,794 shares during the last quarter. Northern Trust Corp grew its stake in Cisco Systems by 3.5% in the 3rd quarter. Northern Trust Corp now owns 48,498,612 shares of the network equipment provider’s stock valued at $3,318,275,000 after acquiring an additional 1,631,703 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Cisco Systems by 103.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,289,151 shares of the network equipment provider’s stock valued at $2,256,144,000 after acquiring an additional 14,874,407 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.
About Cisco Systems
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.
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