Q2 EPS Estimates for Cisco Systems Raised by Zacks Research

Cisco Systems, Inc. (NASDAQ:CSCO) – Investment analysts at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of Cisco Systems in a research report issued to clients and investors on Wednesday, December 3rd. Zacks Research analyst Team now expects that the network equipment provider will post earnings per share of $0.86 for the quarter, up from their previous estimate of $0.85. The consensus estimate for Cisco Systems’ current full-year earnings is $3.04 per share. Zacks Research also issued estimates for Cisco Systems’ Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.94 EPS, FY2026 earnings at $3.46 EPS, Q1 2027 earnings at $0.90 EPS, Q3 2027 earnings at $0.93 EPS, Q4 2027 earnings at $0.97 EPS, Q1 2028 earnings at $0.99 EPS and FY2028 earnings at $3.98 EPS.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS.

A number of other research analysts also recently issued reports on CSCO. Piper Sandler boosted their price target on shares of Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Rosenblatt Securities raised their target price on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Barclays boosted their target price on Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Citic Securities increased their target price on Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Finally, Bank of America upped their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Stock Up 0.3%

Shares of CSCO opened at $77.97 on Monday. Cisco Systems has a 12 month low of $52.11 and a 12 month high of $80.06. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $308.07 billion, a PE ratio of 29.31, a PEG ratio of 2.94 and a beta of 0.87. The stock’s 50-day moving average price is $72.68 and its two-hundred day moving average price is $69.22.

Institutional Investors Weigh In On Cisco Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Cisco Systems by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock worth $27,334,996,000 after acquiring an additional 5,039,714 shares in the last quarter. State Street Corp grew its holdings in shares of Cisco Systems by 0.6% during the second quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock valued at $13,507,956,000 after buying an additional 1,067,872 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Cisco Systems by 1.2% during the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock worth $6,864,058,000 after purchasing an additional 1,157,704 shares during the period. Norges Bank purchased a new stake in shares of Cisco Systems in the 2nd quarter valued at $3,816,825,000. Finally, Invesco Ltd. boosted its holdings in Cisco Systems by 10.5% in the third quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider’s stock valued at $3,668,182,000 after purchasing an additional 5,081,469 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president directly owned 179,780 shares of the company’s stock, valued at approximately $14,082,167.40. The trade was a 23.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of Cisco Systems stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the sale, the insider owned 281,108 shares in the company, valued at $21,887,068.88. This represents a 36.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,024,627 shares of company stock worth $79,621,482. Corporate insiders own 0.01% of the company’s stock.

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 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio is 61.65%.

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.