Cisco Systems (CSCO) to Release Quarterly Earnings on Wednesday

Key Points

• Cisco will report Q3 FY2026 results after the close on May 13, 2026 (earnings call 4:30 PM ET); analysts expect $1.04 EPS and $15.543 billion in revenue.
• In the prior quarter Cisco beat estimates (reported $1.04 EPS on $15.35 billion revenue) and recently raised its quarterly dividend to $0.42 (annualized $1.68, ~1.8% yield).
• Positive catalysts include Evercore raising its price target to $110, Cisco’s planned acquisition of Israeli cybersecurity firm Astrix Security and security/product integrations (Qmulos), supporting analyst optimism for future revenue and margin growth.

Cisco Systems (NASDAQ:CSCO - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, May 13th. Analysts expect the company to announce earnings of $1.04 per share and revenue of $15.5433 billion for the quarter. Parties are encouraged to explore the company's upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 4:30 PM ET.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The business had revenue of $15.35 billion for the quarter, compared to analysts' expectations of $15.11 billion. During the same period last year, the business earned $0.94 earnings per share. The business's quarterly revenue was up 9.7% on a year-over-year basis. On average, analysts expect Cisco Systems to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cisco Systems Stock Up 1.8%

Shares of Cisco Systems stock opened at $94.30 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. Cisco Systems has a 52-week low of $58.58 and a 52-week high of $94.72. The stock has a market capitalization of $372.47 billion, a price-to-earnings ratio of 33.09, a P/E/G ratio of 3.49 and a beta of 0.92. The company's 50 day moving average price is $81.77 and its 200-day moving average price is $78.24.

Cisco Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were issued a $0.42 dividend. This is a positive change from Cisco Systems's previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Thursday, April 2nd. Cisco Systems's dividend payout ratio (DPR) is 58.95%.

Key Stories Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Evercore raised its price target on Cisco to $110 and kept an "outperform" rating, signaling analyst confidence in upside tied to Cisco’s product mix (about a 17% implied upside from recent levels). Evercore price target raise
• Positive Sentiment: Cisco announced plans to acquire Israeli cybersecurity firm Astrix Security, expanding its access/connectivity security capabilities — a move that should accelerate product-led sales and M&A synergy messaging. Cisco to acquire Israeli co Astrix Security
• Positive Sentiment: Cisco is pushing security momentum by adding Qmulos to its SolutionsPlus program and integrating compliance analytics with its broader security portfolio (and deeper Splunk ties), which simplifies procurement and upsell opportunities to enterprise customers. Cisco Security Push With Astrix And Qmulos
• Positive Sentiment: Analysts (Evercore coverage) argue Cisco’s Silicon One ASIC business is underappreciated and could be a multi‑year growth driver for routing and AI networking — supportive for longer‑term revenue and margin upside. Silicon One underappreciated
• Positive Sentiment: Longer‑term tech roadmap: Cisco highlighted a Universal Quantum Switch for routing quantum information over standard fiber — a strategic signal that Cisco is positioning for future, high‑value networking platforms. Universal Quantum Switch
• Neutral Sentiment: Partner ecosystem news: C1 earned full Preferred status across Cisco 360 designations — positive for channel execution but incremental vs. the larger company story. C1 Preferred Partner status
• Neutral Sentiment: Broader market context: tech stocks were mixed in recent sessions; some industry earnings (Microchip, Gen Digital, News Corp, BlackBerry) are being watched by investors but are not directly tied to Cisco’s fundamentals. Tech stocks mixed

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CSCO shares. Truist Financial started coverage on shares of Cisco Systems in a report on Tuesday, March 31st. They issued a "buy" rating and a $94.00 target price on the stock. Zacks Research cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a report on Friday, April 24th. HSBC raised their target price on shares of Cisco Systems from $74.00 to $77.00 and gave the stock a "hold" rating in a report on Friday, February 13th. Finally, Argus upgraded shares of Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $90.29.

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 3,132 shares of Cisco Systems stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total value of $249,745.68. Following the sale, the executive vice president owned 188,613 shares in the company, valued at $15,040,000.62. The trade was a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total value of $134,410.08. Following the transaction, the executive vice president directly owned 156,693 shares of the company's stock, valued at $12,076,329.51. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 46,431 shares of company stock valued at $3,574,820 over the last quarter. 0.01% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cisco Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Commonwealth Financial Corp PA lifted its position in Cisco Systems by 0.9% during the fourth quarter. First Commonwealth Financial Corp PA now owns 13,656 shares of the network equipment provider's stock valued at $1,052,000 after buying an additional 128 shares during the period. Wealthedge Investment Advisors LLC lifted its position in Cisco Systems by 4.1% during the fourth quarter. Wealthedge Investment Advisors LLC now owns 3,432 shares of the network equipment provider's stock valued at $264,000 after buying an additional 136 shares during the period. Silicon Valley Capital Partners lifted its position in Cisco Systems by 3.0% during the third quarter. Silicon Valley Capital Partners now owns 5,154 shares of the network equipment provider's stock valued at $353,000 after buying an additional 148 shares during the period. Cutler Investment Counsel LLC lifted its position in Cisco Systems by 2.4% during the fourth quarter. Cutler Investment Counsel LLC now owns 6,274 shares of the network equipment provider's stock valued at $483,000 after buying an additional 148 shares during the period. Finally, Keebeck Wealth Management lifted its position in Cisco Systems by 1.9% during the third quarter. Keebeck Wealth Management now owns 8,054 shares of the network equipment provider's stock valued at $551,000 after buying an additional 153 shares during the period. Hedge funds and other institutional investors own 73.33% of the company's stock.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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