Cisco's transformation is gaining traction, with revenue growth accelerating from -12.8% in 2024Q3 to +17.6% in 2026Q4, driven by AI infrastructure demand. Operating margin expanded to 24.7% in 2026Q4 from 17.2% in 2024Q3, reflecting strong operating leverage and cost discipline.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated from -12.8% in 2024Q3 to +17.6% in 2026Q4, with operating margin expanding from 17.2% to 24.7% over the same period, indicating strong operating leverage.
As of late April 2026, 16 analysts have a consensus rating of 'Buy,' with 44% recommending a 'Strong Buy' and 38% recommending 'Buy.'
Cisco expects over $3 billion in AI infrastructure revenues from hyperscalers in fiscal 2026, driven by strong demand in AI and campus refresh cycles.
Analysts forecast a 1-year revenue growth to $62.8 billion (6.35% increase) and a 3-year forecast of $68.4 billion (15.88% increase).
A DCF analysis suggests Cisco could be overvalued, with fair value estimates around $57.52 and $59.92, indicating a -33.1% overvaluation from the recent closing price of $87.71.
The acquisition of Splunk has tripled Cisco's debt, compressing free cash flow generation.
Concerns about gross margin compression due to component costs and product mix raise questions about Cisco's profitability.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 12, 2026 | $1.22+4.3% vs $1.17 | $17.3B+2.5% vs $16.8B |
Q2 2026 May 13, 2026 | $1.06+2.9% vs $1.03 | $15.8B+1.8% vs $15.6B |
Q1 2026 Feb 11, 2026 | $1.04+2.0% vs $1.02 | $15.3B+1.6% vs $15.1B |
Q4 2025 Nov 12, 2025 | $1.00+1.8% vs $0.98 | $14.9B+0.7% vs $14.8B |
International Assets Investment Management LLC trimmed its position in Cisco Systems, Inc. (NASDAQ: CSCO) by 91.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,040 shares of the network equipment provider's stock after selling 31,613 shares during the period. International
Argonautica Private Wealth Management Inc. lowered its holdings in Cisco Systems, Inc. (NASDAQ: CSCO) by 6.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 73,118 shares of the network equipment provider's stock after selling 5,447 shares during the quarter. Cisco Systems accounts
Cisco Systems (CSCO) closed the most recent trading day at $95.72, moving 7.62% from the previous trading session.
A Wall Street downgrade and a broad retreat from AI infrastructure stocks are hitting the networking group at the same time. Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) stock recently traded at $96.13, down 7%.
Benchmark CSCO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Cisco Systems, Inc. (CSCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $93.85 | $369.9B | 28.18 | 11.77% | 20.95% | 27.32% | 1.75% | |
| $44.76 | $59.26B | -1003.48 | 14.06% | 6.57% | 10.85% | 1.34% | |
| $170.80 | $215.07B | 62.11 | 28.6% | 39.97% | 33.29% | — | |
| $18.88 | $506.74M | -16.56 | 2.91% | -5.91% | -8.42% | — | |
| $24.03 | $3.14B | 184.85 | -70.3% | 3.99% | 59.74% | — | |
| $243.39 | $34.45B | 286.34 | 18.79% | 10.87% | 22.82% | — |
Cisco Systems, Inc. (CSCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Cisco Systems, Inc. (CSCO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 12, 2026·SEC
May 13, 2026·SEC
May 1, 2026·SEC
Sep 3, 2025·SEC
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Cisco Systems, Inc. (CSCO) stock FAQ — growth, dividends, profitability & financials explained
Cisco Systems, Inc. (CSCO) reported $63.33B in revenue in fiscal year 2026, which is also its trailing twelve months. That is 883% more than the $6.44B of fiscal year 1997.
Cisco Systems, Inc. (CSCO) grew revenue by 11.8% in fiscal year 2026, compared with the prior fiscal year.
Yes. Cisco Systems, Inc. (CSCO) earned $13.27B in net income over the trailing twelve months (a 21.0% net margin).
Yes. Cisco Systems, Inc. (CSCO) pays a dividend that yields 1.75% at the current price, a moderate yield.
Cisco Systems, Inc. (CSCO) had a return on equity (ROE) of 27.3% in fiscal year 2026. That is well above the market's typical 10-15%.
Cisco Systems, Inc. (CSCO) generated $13.60B in free cash flow over the trailing twelve months.
