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 earnings per share guidance of 1.010-1.030 for the period, compared to the consensus earnings per share 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

Cisco Systems stock traded up $2.25 during mid-day trading on Wednesday, reaching $73.96. The company had a trading volume of 55,375,483 shares, compared to its average volume of 20,791,576. The stock’s 50-day simple moving average is $69.33 and its 200-day simple moving average is $67.16. Cisco Systems has a 1 year low of $52.11 and a 1 year high of $74.84. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company has a market capitalization of $291.46 billion, a P/E ratio of 28.23, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the previous year, the firm posted $0.87 earnings per share. Cisco Systems’s revenue was up 7.6% on a year-over-year basis. On average, equities analysts predict that Cisco Systems will post 3.04 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CSCO. UBS Group raised shares of Cisco Systems from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $74.00 to $88.00 in a research note on Monday, November 3rd. HSBC restated a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Barclays raised their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Finally, Morgan Stanley boosted their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. One 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 company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $75.50.

Insiders Place Their Bets

In related news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction 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 transaction, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. This represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by insiders.

Institutional Investors Weigh In On Cisco Systems

Several hedge funds have recently modified their holdings of CSCO. McIlrath & Eck LLC grew its position in Cisco Systems by 1.5% in the second quarter. McIlrath & Eck LLC now owns 10,611 shares of the network equipment provider’s stock valued at $736,000 after acquiring an additional 155 shares in the last quarter. Talisman Wealth Advisors LLC boosted its stake in shares of Cisco Systems by 2.5% in the second quarter. Talisman Wealth Advisors LLC now owns 6,289 shares of the network equipment provider’s stock valued at $436,000 after purchasing an additional 155 shares during the period. Blue Chip Partners LLC grew its holdings in Cisco Systems by 3.0% during the 2nd quarter. Blue Chip Partners LLC now owns 11,719 shares of the network equipment provider’s stock valued at $813,000 after purchasing an additional 343 shares in the last quarter. Binnacle Investments Inc increased its stake in Cisco Systems by 11.3% during the 2nd quarter. Binnacle Investments Inc now owns 3,654 shares of the network equipment provider’s stock worth $254,000 after buying an additional 372 shares during the period. Finally, Howland Capital Management LLC boosted its position in Cisco Systems by 1.2% in the 2nd quarter. Howland Capital Management LLC now owns 36,220 shares of the network equipment provider’s stock valued at $2,513,000 after buying an additional 430 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 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.