Cisco Systems (NASDAQ:CSCO) Releases FY 2027 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 5.470-5.530 for the period, compared to the consensus estimate of 5.000. The company issued revenue guidance of $74.8 billion-$75.8 billion, compared to the consensus revenue estimate of $73.2 billion. Cisco Systems also updated its Q2 2027 guidance to 1.340-1.360 EPS.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Piper Sandler dropped their target price on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, September 22nd. Truist Financial raised their price target on Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Deutsche Bank assumed coverage on Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price objective for the company. Finally, Rosenblatt Securities upped their target price on shares of Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus price target of $127.87.

Cisco Systems Trading Up 1.2%

Shares of CSCO traded up $1.25 during trading hours on Thursday, reaching $102.01. The stock had a trading volume of 21,939,863 shares, compared to its average volume of 21,997,539. The company has a market cap of $402.18 billion, a P/E ratio of 30.54, a P/E/G ratio of 2.02 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 company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average of $108.16 and a 200 day moving average of $102.00.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.07. The firm had revenue of $18.52 billion for the quarter, compared to analyst estimates of $18.12 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. 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, sell-side analysts expect that Cisco Systems will post 4.48 earnings per share for the current fiscal year.

Insider Transactions at Cisco Systems

In other Cisco Systems news, insider Jeetendra Patel sold 7,170 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the transaction, the insider owned 230,593 shares of the company’s stock, valued at $25,727,261.01. The trade was a 3.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah Stahlkopf sold 6,487 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the sale, the executive vice president owned 167,116 shares in the company, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is owned by insiders.

Cisco Systems News Roundup

Here’s some of the latest news about CSCO:

• Positive Sentiment: A bullish investment thesis argues that strong demand for AI networking could translate into lasting earnings growth, supporting Cisco’s opportunity to benefit from continued AI infrastructure spending. Article: Cisco vs. ANET and HPE
• Positive Sentiment: Cisco has expanded its AI Defense offering with Anthropic’s Claude Mythos, adding tools for testing AI agents and monitoring AI spending. The move could strengthen its enterprise AI-security proposition, though its financial impact is not yet established. Article: Cisco’s AI Defense push
• Negative Sentiment: Options-market positioning ahead of the earnings release was described as bearish, while recent stock weakness and concerns about margins raise the risk of a negative reaction if results or guidance disappoint. Article: Cisco earnings preview and options data

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.