Cisco Systems (NASDAQ:CSCO) Announces Q2 2027 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) issued an update on its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 1.340-1.360 for the period, compared to the consensus estimate of 1.200. The company issued revenue guidance of $18.0 billion-$18.2 billion, compared to the consensus revenue estimate of $17.9 billion. Cisco Systems also updated its FY 2027 guidance to 5.470-5.530 EPS.

Cisco Systems Trading Up 1.2%

Shares of CSCO stock opened at $102.01 on Friday. The company has a market capitalization of $402.18 billion, a PE ratio of 30.54, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01. Cisco Systems has a 52-week low of $72.80 and a 52-week high of $130.37. The business’s fifty day moving average is $108.02 and its 200 day moving average is $102.13. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.33 by $0.07. The business had revenue of $18.52 billion during the quarter, compared to analysts’ expectations of $18.12 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. During the same period in the previous year, the business earned $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. On average, equities research analysts anticipate that Cisco Systems will post 4.48 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Monday, January 4th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. Cisco Systems’s payout ratio is presently 50.30%.

Analysts Set New Price Targets

Several research analysts recently weighed in on CSCO shares. Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Barclays lifted their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Deutsche Bank initiated coverage on shares of Cisco Systems in a research note on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price target for the company. KeyCorp increased their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Finally, Piper Sandler decreased their price objective on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $129.14.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $74,922.40. Following the sale, the executive vice president owned 163,337 shares of the company’s stock, valued at $17,996,470.66. The trade was a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 312 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $34,376.16. Following the sale, the executive vice president directly owned 127,661 shares in the company, valued at $14,065,688.98. This trade represents a 0.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,824 shares of company stock worth $759,392 over the last quarter. 0.01% of the stock is owned by company insiders.

Key Cisco Systems News

Here’s some of the latest news about CSCO:

• Positive Sentiment: Executives described a potential multi-year networking “supercycle” as companies and hyperscalers expand infrastructure for agentic AI. Cisco is also adding Anthropic’s Claude Mythos to its security products, which could strengthen its AI-security offering. Cisco CEO discusses networking demand
• Neutral Sentiment: Cisco declared a quarterly dividend of $0.42 per share, or $1.68 annualized. The payout supports shareholder income but is not a change to the dividend amount in the provided report. Cisco dividend information
• Negative Sentiment: Despite the earnings beat and raised outlook, reports noted share-price volatility tied partly to broader Nvidia-related market swings. That external volatility could weigh on near-term trading even as Cisco’s company-specific news is strong. Report on Cisco shares and market volatility

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.