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

Cisco Systems (NASDAQ:CSCO) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.970-0.990 for the period, compared to the consensus EPS 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.

Cisco Systems Price Performance

NASDAQ CSCO opened at $70.32 on Thursday. The company has a market capitalization of $278.45 billion, a PE ratio of 28.70, a price-to-earnings-growth ratio of 3.96 and a beta of 0.91. Cisco Systems has a 12-month low of $45.04 and a 12-month high of $72.55. The firm’s 50 day moving average is $67.89 and its 200-day moving average is $63.21. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 0.50.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 17.60% and a return on equity of 26.48%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.87 earnings per share. Equities research analysts anticipate that Cisco Systems will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Cisco Systems’s dividend payout ratio (DPR) is 66.94%.

Analyst Upgrades and Downgrades

A number of research firms have commented on CSCO. UBS Group lifted their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. New Street Research reaffirmed a “neutral” rating and set a $70.00 price objective on shares of Cisco Systems in a research report on Friday, May 16th. Evercore ISI reaffirmed an “in-line” rating and set a $72.00 price objective on shares of Cisco Systems in a research report on Monday, July 28th. Piper Sandler lifted their price objective on shares of Cisco Systems from $60.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, May 15th. Finally, Wells Fargo & Company raised shares of Cisco Systems from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $72.00 to $75.00 in a research report on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $71.85.

Insider Transactions at Cisco Systems

In other news, insider Jeetendra I. Patel sold 9,961 shares of the stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $63.97, for a total value of $637,205.17. Following the completion of the transaction, the insider owned 257,162 shares of the company’s stock, valued at approximately $16,450,653.14. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Richard Scott Herren sold 15,678 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $65.52, for a total transaction of $1,027,222.56. Following the completion of the transaction, the chief financial officer directly owned 309,543 shares of the company’s stock, valued at $20,281,257.36. This trade represents a 4.82% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 97,335 shares of company stock valued at $6,271,054. 0.01% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Marshall Wace LLP increased its stake in shares of 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 during the period. Brighton Jones LLC increased its stake in shares of 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 during the period. Revolve Wealth Partners LLC increased its stake in shares of 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 during the period. Finally, Gamco Investors INC. ET AL increased its stake in shares of Cisco Systems by 7.3% in the second quarter. Gamco Investors INC. ET AL now owns 17,035 shares of the network equipment provider’s stock valued at $1,182,000 after buying an additional 1,164 shares during the period. 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.