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

Key Points

• Cisco raised its Q2 2027 outlook, projecting EPS of $1.34–$1.36 versus analysts’ $1.20 estimate and revenue of $18.0–$18.2 billion versus a $17.9 billion consensus.
• The company also set FY 2027 EPS guidance at $5.47–$5.53. Its latest reported quarter beat expectations, with EPS of $1.40 and revenue of $18.52 billion.
• Analyst views are mixed, but the consensus rating is “Moderate Buy”, with an average price target of $127.87; shares traded at $102.01 in Thursday’s session.

Cisco Systems (NASDAQ:CSCO - Get Free Report) updated 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 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.

Analysts Set New Price Targets

CSCO has been the topic of several research analyst reports. Morgan Stanley cut shares of Cisco Systems from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $135.00 to $120.00 in a research report on Thursday, November 5th. Truist Financial increased their target price 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 reaffirmed a "buy (b)" rating on shares of Cisco Systems in a research report on Wednesday, August 26th. HSBC cut Cisco Systems from a "buy" rating to a "hold" rating and decreased their target price for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Finally, Deutsche Bank began coverage on Cisco Systems in a report on Tuesday, September 1st. They set a "buy" rating and a $135.00 price target on the stock. Three investment 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. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $127.87.

Cisco Systems Stock Up 1.2%

Shares of CSCO stock traded up $1.25 on Thursday, hitting $102.01. The company's stock had a trading volume of 21,939,863 shares, compared to its average volume of 21,997,539. 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 fifty-two week low of $72.80 and a fifty-two week high of $130.37. The firm's fifty day moving average price is $108.16 and its 200-day moving average price is $102.00. The stock has a market capitalization of $402.18 billion, a price-to-earnings ratio of 30.54, a P/E/G ratio of 2.02 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results 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. Research analysts anticipate that Cisco Systems will post 4.48 EPS for the current year.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the transaction, the executive vice president owned 167,116 shares in the company, valued at $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $74,922.40. Following the completion of the transaction, the executive vice president directly owned 163,337 shares of the company's stock, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their ownership of the stock. 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 sold 44,869 shares of company stock valued at $5,005,620 over the last quarter. Company insiders own 0.01% of the company's stock.

Latest Cisco Systems News

Investors following CSCO have been watching these news items:

• 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: 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

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.

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