News
Public · Published
Cisco ($CSCO) reports earnings today after the close. The Street wants non-GAAP EPS of $1.17 on $16.8B in revenue, up about 15% year over year. The stock sits near its 52-week high with analysts targeting $130, and after four straight beats the earnings market prices another
Cisco announced that it will release its earnings after market close, with analysts expecting non‑GAAP earnings per share of $1.17 on $16.8 billion of revenue, roughly a 15% year‑over‑year increase.
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What happened
Cisco announced that it will release its earnings after market close, with analysts expecting non‑GAAP earnings per share of $1.17 on $16.8 billion of revenue, roughly a 15% year‑over‑year increase.
Confirmed
Global impact / market context
The forecast suggests strong growth for Cisco, which could boost investor confidence and support the stock’s price near its 52‑week high, while the target price of $130 reflects optimism about future performance.
Analyst inference
Cisco’s upcoming report follows four consecutive earnings beats, a pattern that often leads markets to price in another positive surprise, potentially influencing technology sector sentiment.
Analyst inference
What to watch
- Actual EPS versus the $1.17 non‑GAAP estimate, which will show whether Cisco can sustain its reported growth momentum. Proposed
- Revenue growth compared with the projected $16.8 billion, indicating demand for Cisco’s networking products and services. Proposed
- Any guidance on future quarters, as forward‑looking statements often move the stock more than the current numbers. Proposed
Affected assets
- EPS — Ellipsis [OLD]