Cisco Systems (NASDAQ:CSCO) Announces Q2 2027 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.340-1.360 for the period, compared to the consensus estimate of 1.200. The company issued revenue guidance of $18.0 billion-$18.2 billion, compared to the consensus revenue estimate of $17.9 billion. Cisco Systems also updated its FY 2027 guidance to 5.470-5.530 EPS.

Wall Street Analysts Forecast Growth

CSCO has been the subject of a number of research reports. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Rosenblatt Securities lifted their price target on shares of Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. HSBC downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating and reduced their target price for the stock from $137.00 to $120.00 in a report on Friday, August 14th. Finally, Zacks Research raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $127.87.

Cisco Systems Stock Performance

CSCO stock traded up $1.25 during trading on Thursday, hitting $102.01. 23,131,023 shares of the company traded hands, compared to its average volume of 22,025,275. Cisco Systems has a 1 year low of $72.80 and a 1 year high of $130.37. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The stock’s 50-day simple moving average is $108.16 and its 200 day simple moving average is $102.00. The company has a market cap of $402.18 billion, a PE ratio of 30.54, a P/E/G ratio of 2.02 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. The business had revenue of $18.52 billion during the quarter, compared to the consensus estimate 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, equities analysts expect that Cisco Systems will post 4.48 earnings per share for the current fiscal year.

Insider Transactions at Cisco Systems

In related news, EVP Oliver Tuszik sold 2,760 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $112.46, for a total value of $310,389.60. Following the sale, the executive vice president directly owned 165,276 shares in the company, valued at approximately $18,586,938.96. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the transaction, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at approximately $67,226,273.40. This represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock worth $5,005,620 in the last three months. 0.01% of the stock is owned by corporate insiders.

Key Stories Impacting Cisco Systems

Here are a few of the latest stories about CSCO:

• 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
• Neutral Sentiment: Analysts and investors are focused on whether AI-related orders can sustain growth and support margins. A preview cited consensus estimates of $1.32 in adjusted EPS and $18.11 billion in revenue, making results and fiscal 2027 guidance important tests of expectations. Article: Cisco earnings preview
• 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

Cisco Systems Company Profile

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.