Stocks · Technology · Communication Equipment

Cisco Systems, Inc. CSCO

$112.20 +3.16% Close, Oct 2, 2026 · NASDAQ · Market cap $442.23B

Strong trendLow risk

Next earnings report: Nov 11, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +2.7%).
  2. The shares trade at 33.7× trailing earnings, higher than 95% of the company's own readings over the past five years.
  3. The stock is in an uptrend: above its 200-day average for 363 trading days, with the 50-day average above the 200-day.

PromtFinance scores

Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth51Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 49%
  • EPS growth (TTM, YoY)Top 38%
  • FCF growth (TTM, YoY)Bottom 33%
  • Revenue growth, 3-year CAGRBottom 43%
  • Revenue growth accelerationTop 32%
Quality63Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 19%
  • Gross marginTop 33%
  • Operating marginTop 12%
  • Cash conversion (OCF / net income)Bottom 22%
  • Accruals (lower is better)Bottom 17%
  • Net debt / EBITDA (lower is better)Bottom 40%
  • Interest coverTop 29%
Value46Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 29%
  • Free-cash-flow yieldTop 46%
  • EBITDA / enterprise valueTop 39%
  • Sales / enterprise valueBottom 32%
  • P/E vs own 5-year history (lower is better)Bottom 10%
Momentum81Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 18%
  • 6-month returnTop 35%
  • 1-year return vs S&P 500Top 23%
  • Distance from 52-week highTop 25%
  • Trend checklist (0–4)Top 18%
Revisions43Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 30%
  • Consecutive EPS beatsTop 9%
  • Share of analysts rating BuyBottom 31%
  • Upside to consensus price targetBottom 38%
Stability94Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 9%
  • Maximum drawdown, 3 yearsTop 1%
  • Beta vs S&P 500 (lower is better)Top 17%
  • Net debt / EBITDA (lower is better)Bottom 40%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)9.2%11.8%↑
EPS growth (YoY)22.4%30.6%↑
Gross margin64.9%64.5%↓
Operating margin20.8%24.3%↑
FCF margin23.5%21.5%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)11.8%9.2%↑Bottom 49%
EPS growth (TTM, YoY)30.6%22.4%↑Top 38%
Gross margin64.5%64.9%↓Top 33%
Operating margin24.3%20.8%↑Top 12%
Net margin21.0%18.0%↑—
Free-cash-flow margin21.5%23.5%↓—
Return on invested capital13.0%—Top 19%
Revenue growth, 3-year CAGR3.6%—Bottom 43%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.07×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-0.7%
Stock-based compensation / revenueA cost to shareholders through dilution.
6.3%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-0.5 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.11×
Interest cover (operating income / interest)How many times operating profit covers interest.
10.5×

Shareholder returns

Dividend yield (dividends paid, TTM)
1.46%
Net buyback yield (TTM)
1.29%
Shareholder yield
2.75%
Share count change, 1 year
-0.1%
Share count change, 3-year CAGR
-0.9%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jul 25, 2026 (filed Sep 2, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
14
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+2.7%
Average 2-day reaction, last 8
+0.8%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$129.77
Target vs current price
+15.7%
Analysts with a rating
74
Share rating Buy or Strong Buy
51%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 12, 2026+4.3%+2.9%-7.3%-9.1%—
May 13, 2026+2.9%+2.6%+16.2%+19.6%+22.3%
Feb 11, 2026+2.0%-0.9%-9.4%-9.5%+6.8%
Nov 12, 2025+1.8%+3.1%+7.9%+11.9%+21.0%
Aug 13, 2025+1.3%-1.4%-6.5%-4.6%+1.0%
May 14, 2025+4.7%-0.8%+2.7%+3.9%+16.2%
Feb 12, 2025+3.3%+0.2%+3.9%-3.2%-4.4%
Nov 13, 2024+4.4%+0.8%-2.9%-0.2%+6.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 12, 2026$1.22$1.17+4.3%$17.25B
May 13, 2026$1.06$1.03+2.9%$15.84B
Feb 11, 2026$1.04$1.02+2.0%$15.35B
Nov 12, 2025$1.00$0.98+1.8%$14.88B
Aug 13, 2025$0.99$0.98+1.3%$14.67B
May 14, 2025$0.96$0.92+4.7%$14.15B
Feb 12, 2025$0.94$0.91+3.3%$13.99B
Nov 13, 2024$0.91$0.87+4.4%$13.84B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)33.7×20.1×95thTop 29%
P/E (forward)22.0×———
EV / EBITDA23.2×——Top 39%
EV / Sales7.34×——Bottom 32%
Free-cash-flow yield3.07%——Top 46%
Earnings yield2.97%——Top 29%

P/E over the past five years

Range 14.4× – 38.5× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+63.2%
Earnings per share growth (TTM)
+30.6%
Change in P/E multiple
+23.9%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✓ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
1
Days above the 200-day average
363
50-day average slope (20 days)
-2.1%
200-day average slope (20 days)
+3.3%
Distance from 50-day average
+0.1%
Distance from 200-day average
+14.8%
RSI (14)
57.2
Relative volume
0.96×

Risk and drawdowns

Volatility, 60 days (annualized)
33.5%
Volatility vs own 5-year history
81th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.91
Correlation with S&P 500
0.46
Current drawdown from 1-year high
-13.7%
Maximum drawdown, 3 years
-18.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Dec 29, 2021Oct 12, 2022-38.6%198 days587 days (Feb 14, 2025)
Jun 4, 2026Sep 23, 2026-18.1%76 daysNot yet recovered
Feb 14, 2025Apr 8, 2025-18.0%36 days41 days (Jun 6, 2025)
Feb 9, 2026Feb 12, 2026-13.6%3 days45 days (Apr 20, 2026)
Oct 12, 2020Oct 29, 2020-11.6%13 days11 days (Nov 13, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$442.23B
P/E (TTM)
33.7
EPS, diluted (TTM)
$3.33
Revenue (TTM)
$63.33B
Dividend yield
1.49%
52-week range
$66.81 – $130.37
FY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$51.56B$57.00B$53.80B$56.65B$63.33B
Gross profit$32.25B$35.75B$34.83B$36.79B$40.86B
Operating income$13.97B$15.03B$12.18B$11.76B$15.37B
Net income$11.81B$12.61B$10.32B$10.18B$13.27B
EPS (diluted)$2.82$3.07$2.54$2.55$3.33
Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026
Revenue$13.84B$13.99B$14.15B$14.67B$14.88B$15.35B$15.84B$17.25B
Net income$2.71B$2.43B$2.49B$2.55B$2.86B$3.17B$3.37B$3.86B
EPS (diluted)$0.68$0.61$0.62$0.64$0.72$0.79$0.85$0.97
FY 2022FY 2023FY 2024FY 2025FY 2026
Operating cash flow$13.23B$19.89B$10.88B$14.19B$14.18B
Capital expenditure-$477.0M-$849.0M-$670.0M-$905.0M-$1.41B
Free cash flow$12.75B$19.04B$10.21B$13.29B$12.77B
Dividends paid-$6.22B-$6.30B-$6.38B-$6.44B-$6.55B
Net share buybacks-$7.72B-$4.19B-$6.07B-$6.49B-$5.30B

Cash outflows are shown as negative numbers.

Cash and short-term investments
$15.92B
Total assets
$129.64B
Total liabilities
$79.35B
Total debt
$29.53B
Net debt
$22.32B
Shareholders’ equity
$50.28B

As of Jul 25, 2026 (filed Sep 2, 2026).

Dividends

Ex-dateAmountPaid
Oct 2, 2026$0.42Oct 21, 2026
Jul 6, 2026$0.42Jul 22, 2026
Apr 2, 2026$0.42Apr 22, 2026
Jan 2, 2026$0.41Jan 21, 2026
Oct 3, 2025$0.41Oct 22, 2025
Jul 3, 2025$0.41Jul 23, 2025
Apr 3, 2025$0.41Apr 23, 2025
Jan 3, 2025$0.40Jan 22, 2025

Short interest

Shares sold short
57,677,354
Days to cover
4.42
Change vs previous report
+3.8%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Mar 23, 2000
2-for-1
Jun 22, 1999
2-for-1
Sep 16, 1998
3-for-2
Dec 17, 1997
3-for-2
Feb 20, 1996
2-for-1