CSCO Stock - Cisco Systems, Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $56.65B | $53.80B | $57.00B | $51.56B | $49.82B |
| Gross Profit | $36.79B | $34.83B | $35.75B | $32.25B | $31.89B |
| Gross Margin | 64.9% | 64.7% | 62.7% | 62.5% | 64.0% |
| Operating Income | $11.76B | $12.18B | $15.03B | $13.97B | $12.83B |
| Net Income | $10.18B | $10.32B | $12.61B | $11.81B | $10.59B |
| Net Margin | 18.0% | 19.2% | 22.1% | 22.9% | 21.3% |
| EPS | $2.56 | $2.55 | $3.08 | $2.83 | $2.51 |
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; and wireless products include indoor and outdoor wireless coverage designed for seamless roaming use of voice, video, and data applications. In addition, it provides security, which comprising network security, identity and access management, secure access service edge, and threat intelligence, detection, and response offerings; collaboration products, such as Webex Suite, collaboration devices, contact center, and communication platform as a service; end-to-end collaboration solutions that can be delivered from the cloud, on-premise or within hybrid cloud environments allowing customers to transition their collaboration solutions from on-premise to the cloud; and observability offers network assurance, monitoring and analytics and observability suite. Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 10th 2025 | Erste Group | Upgrade | Buy | - |
| November 3rd 2025 | UBS | Upgrade | Buy | $88 |
| August 15th 2025 | HSBC Securities | Downgrade | Hold | $69 |
| July 28th 2025 | Evercore ISI | Downgrade | In-line | $72 |
| July 8th 2025 | Wolfe Research | Initiation | Peer Perform | - |
| June 26th 2025 | KeyBanc Capital Markets | Initiation | Overweight | $77 |
| June 16th 2025 | Deutsche Bank | Upgrade | Buy | $73 |
| May 16th 2025 | New Street | Downgrade | Neutral | $70 |
| May 15th 2025 | Wells Fargo | Upgrade | Overweight | $75 |
| May 9th 2025 | Cleveland Research | Upgrade | Buy | - |
| February 18th 2025 | DZ Bank | Upgrade | Buy | - |
| February 13th 2025 | Rosenblatt | Upgrade | Buy | $80← $66 |
| January 28th 2025 | Exane BNP Paribas | Upgrade | Outperform | $72 |
| January 17th 2025 | Citigroup | Reiterated | Buy | $68← $64 |
| January 6th 2025 | Melius | Upgrade | Buy | $73← $66 |
Earnings History & Surprises
CSCOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 12, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $1.02 | — | — | — |
Q4 2025 | Nov 12, 2025 | $0.98 | $1.00 | +1.8% | ✓ BEAT |
Q3 2025 | Aug 13, 2025 | $0.98 | $0.99 | +1.3% | ✓ BEAT |
Q2 2025 | May 14, 2025 | $0.92 | $0.96 | +4.7% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $0.91 | $0.94 | +3.3% | ✓ BEAT |
Q4 2024 | Nov 13, 2024 | $0.87 | $0.91 | +4.4% | ✓ BEAT |
Q3 2024 | Aug 14, 2024 | $0.85 | $0.87 | +2.5% | ✓ BEAT |
Q2 2024 | May 15, 2024 | $0.83 | $0.88 | +6.3% | ✓ BEAT |
Q1 2024 | Feb 14, 2024 | $0.84 | $0.87 | +3.7% | ✓ BEAT |
Q4 2023 | Nov 15, 2023 | $1.03 | $1.11 | +7.8% | ✓ BEAT |
Q3 2023 | Aug 16, 2023 | $1.06 | $1.14 | +7.5% | ✓ BEAT |
Q2 2023 | May 17, 2023 | $0.97 | $1.00 | +3.1% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $0.86 | $0.88 | +2.3% | ✓ BEAT |
Q4 2022 | Nov 16, 2022 | $0.84 | $0.86 | +2.4% | ✓ BEAT |
Q3 2022 | Aug 17, 2022 | $0.82 | $0.83 | +1.2% | ✓ BEAT |
Q2 2022 | May 18, 2022 | $0.86 | $0.87 | +1.2% | ✓ BEAT |
Q1 2022 | Feb 16, 2022 | $0.81 | $0.84 | +3.7% | ✓ BEAT |
Q4 2021 | Nov 17, 2021 | $0.80 | $0.82 | +2.5% | ✓ BEAT |
Q3 2021 | Aug 18, 2021 | $0.82 | $0.84 | +2.4% | ✓ BEAT |
Latest News
Morgan Stanley Maintains Overweight on Cisco Systems, Raises Price Target to $91
📈 Positive'Cisco has a new map of AI security and safety threats every company should know'- Axios
➖ NeutralAsiacell Partners With Cisco To Deploy AI-driven Provider Connectivity Assurance Platform On Its Network In Iraq
📈 PositiveCisco Investments Backs World Labs To Advance AI In 3D Spatial Intelligence And Large World Models
📈 PositiveIBM and Cisco say they will try to build a quantum network
➖ NeutralCNBC Halftime Report Final Trades: Freeport-McMoRan, Cisco Systems, Teradyne, McKesson
➖ Neutral'AMD, Cisco and Saudi's Humain launch AI joint venture, land first major customer'- Reuters Exclusive
📈 PositiveBarclays Maintains Equal-Weight on Cisco Systems, Raises Price Target to $76
📈 PositiveCitigroup Maintains Buy on Cisco Systems, Raises Price Target to $85
📈 PositiveJP Morgan Maintains Overweight on Cisco Systems, Raises Price Target to $90
📈 PositiveWells Fargo Maintains Overweight on Cisco Systems, Raises Price Target to $95
📈 PositiveUBS Maintains Buy on Cisco Systems, Raises Price Target to $90
📈 PositivePiper Sandler Maintains Neutral on Cisco Systems, Raises Price Target to $86
➖ NeutralEvercore ISI Group Maintains In-Line on Cisco Systems, Raises Price Target to $80
📈 PositiveKeybanc Maintains Overweight on Cisco Systems, Raises Price Target to $87
📈 PositiveRosenblatt Maintains Buy on Cisco Systems, Raises Price Target to $100
📈 PositiveMarket-Moving News for November 13th
➖ NeutralMorgan Stanley Maintains Overweight on Cisco Systems, Raises Price Target to $82
📈 PositiveCisco shares are trading higher after the company reported strong Q1 earnings and issued upbeat FY26 guidance.
📈 PositiveB of A Securities Maintains Buy on Cisco Systems, Raises Price Target to $95
📈 PositiveFrequently Asked Questions about CSCO
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