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 earnings per share (EPS) guidance of 5.470-5.530 for the period, compared to the consensus EPS 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 Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Barclays raised their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. KeyCorp increased their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Sanford C. Bernstein initiated coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price objective for the company. Finally, Rosenblatt Securities upped their target price on 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 assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $127.87.

Cisco Systems Trading Up 1.2%

Shares of NASDAQ:CSCO traded up $1.25 during mid-day trading on Thursday, reaching $102.01. 21,939,863 shares of the company’s stock were exchanged, compared to its average volume of 21,997,539. The firm has a market capitalization of $402.18 billion, a price-to-earnings ratio of 30.54, a PEG ratio of 2.02 and a beta of 1.01. Cisco Systems has a twelve month low of $72.80 and a twelve month high of $130.37. The business’s fifty day moving average price is $108.16 and its 200-day moving average price is $102.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.07. The company 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, research analysts predict that Cisco Systems will post 4.48 EPS for the current fiscal year.

Insider Buying and Selling at Cisco Systems

In related news, insider Jeetendra I. Patel sold 7,170 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company’s stock, valued at $25,727,261.01. This trade represents a 3.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares in the company, valued at $67,226,273.40. This trade represents a 3.46% 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 quarter, insiders sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by insiders.

Key Cisco Systems News

These are some of the CSCO news items that stood out recently:

• 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
• Positive Sentiment: ETFs bought about $83.5 million of Cisco shares on Nov. 10, providing a recent indication of institutional fund demand. Article: ETFs add to Cisco holdings
• 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.