Cisco Systems (CSCO) ATM May calls active into quarter results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to Cisco Systems (CSCO) ATM May calls active into quarter results
May 14, 2026 4:27 AM EDT
Truist Securities analyst Matthew Niknam reiterated a Buy rating and $94.00 price target on Cisco (NASDAQ: CSCO)
The analyst comments "Bottom line, core Networking results were meaningfully ahead of expectations with AI strength leading the way, setting CSCO up for ~15% yoy growth in F4Q (vs. +12% this quarter), and initial color indicating prospects for high single digit growth (+8%) in FY27E. This, combined with commentary indicating gross margins have stabilized (around the ~66% mark, with CSCO flexing scale benefits) and optimism around ongoing operating leverage give us enhanced confidence in the... More
May 13, 2026 1:00 PM EDT
Cisco Systems (NASDAQ: CSCO) is set to report fiscal third-quarter earnings today after the close, with analysts at Barclays and UBS both flagging AI order momentum as the key metric to watch, even as gross margin pressure and a persistently weak security business cloud the outlook.
UBS analyst David Vogt expects revenue to... More
