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

Cisco Systems (NASDAQ:CSCO) updated its second quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 1.340-1.360 for the period, compared to the consensus earnings per share 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.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO traded up $1.25 during trading 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 stock has a market capitalization of $402.18 billion, a PE ratio of 30.54, a P/E/G ratio of 2.02 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems has a 52 week low of $72.80 and a 52 week high of $130.37. The business’s 50-day moving average price is $108.16 and its 200 day moving average price is $102.00.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. The business had revenue of $18.52 billion for the quarter, compared to analyst estimates of $18.12 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. 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. As a group, equities analysts predict that Cisco Systems will post 4.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CSCO. Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Piper Sandler cut their price target on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. Rosenblatt Securities lifted their price target on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Truist Financial upped their price target on shares of Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Morgan Stanley lowered shares of Cisco Systems from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $135.00 to $120.00 in a report on Thursday, November 5th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $127.87.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 5,832 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total transaction of $650,093.04. Following the transaction, the executive vice president owned 128,382 shares of the company’s stock, valued at $14,310,741.54. This represents a 4.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the completion of the transaction, the executive vice president owned 165,276 shares in the company, valued at approximately $18,586,938.96. This represents a 1.64% 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. Insiders have sold a total of 44,869 shares of company stock worth $5,005,620 over the last ninety days. 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.