Cisco Systems (NASDAQ:CSCO) Updates Q1 2026 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.970-0.990 for the period, compared to the consensus earnings per share estimate of 0.968. The company issued revenue guidance of $14.7 billion-$14.9 billion, compared to the consensus revenue estimate of $14.6 billion. Cisco Systems also updated its FY 2026 guidance to 4.000-4.060 EPS.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Piper Sandler boosted their target price on shares of Cisco Systems from $60.00 to $64.00 and gave the stock a “neutral” rating in a report on Thursday, May 15th. Evercore ISI reiterated an “in-line” rating and issued a $72.00 target price on shares of Cisco Systems in a report on Monday, July 28th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their target price for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Citigroup boosted their target price on shares of Cisco Systems from $68.00 to $71.00 and gave the stock a “buy” rating in a report on Thursday, May 15th. Finally, Wall Street Zen downgraded shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Eight investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $71.85.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $70.32 on Thursday. The firm has a fifty day simple moving average of $67.89 and a 200-day simple moving average of $63.21. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.50. Cisco Systems has a 1-year low of $45.04 and a 1-year high of $72.55. The stock has a market capitalization of $278.45 billion, a price-to-earnings ratio of 28.70, a PEG ratio of 3.96 and a beta of 0.91.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 17.60% and a return on equity of 26.48%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 EPS. On average, sell-side analysts expect that Cisco Systems will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s payout ratio is currently 66.94%.

Insider Activity

In related news, EVP Oliver Tuszik sold 15,000 shares of the stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $63.53, for a total transaction of $952,950.00. Following the completion of the sale, the executive vice president owned 131,676 shares in the company, valued at $8,365,376.28. This trade represents a 10.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 29,784 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $64.61, for a total transaction of $1,924,344.24. Following the sale, the chief executive officer owned 688,409 shares of the company’s stock, valued at $44,478,105.49. This trade represents a 4.15% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 97,335 shares of company stock worth $6,271,054. Corporate insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL boosted its stake in Cisco Systems by 7.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 17,035 shares of the network equipment provider’s stock worth $1,182,000 after acquiring an additional 1,164 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in 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 buying an additional 2,474 shares in the last quarter. Brighton Jones LLC lifted its stake in Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in Cisco Systems by 118.1% in the second quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock valued at $6,289,000 after buying an additional 590,650 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

About Cisco Systems

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.