Zacks upgrades Cisco Systems stock to Strong Buy
Published on 10/05/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cisco Systems stock was trading at EUR 99.73 at Lang & Schwarz on October 5, 2026 at 2:01 p.m. CEST, plus 0.09 percent versus the prior close of EUR 99.64. According to MarketBeat on October 2, 2026, Zacks Research upgraded Cisco Systems from Hold to Strong Buy.
AI demand meets higher targets
The upgrade follows Cisco's fiscal fourth-quarter 2026 results, which showed revenue of USD 17.25 billion, up 17.60 percent year over year. The quarter also produced non-GAAP earnings per share of USD 1.22, versus consensus of USD 1.17, according to Yahoo Finance in the transcript dated August 12, 2026.
The operating story is broader than one quarter. Cisco's fiscal 2026 revenue reached USD 63.30 billion, up 12.00 percent from USD 56.65 billion in fiscal 2025, while GAAP net income attributable to common shareholders rose to USD 13.27 billion from USD 10.18 billion.
Guidance points to fiscal 2027
Management guided fiscal 2027 revenue to USD 72.20 billion to USD 73.40 billion and non-GAAP earnings per share to USD 5.05 to USD 5.11. The outlook implies another year of double-digit top-line expansion from the fiscal 2026 base.
AI infrastructure is the main growth variable. Cisco expects USD 7.50 billion of AI infrastructure revenue in fiscal 2027, while fiscal 2026 hyperscaler AI infrastructure revenue represented 6.00 percent of total revenue, according to the same August 12 earnings call.
WebexOne adds a dated catalyst
Cisco's WebexOne event is scheduled for October 5 through October 8, 2026, in Austin, with product and customer discussions focused on AI-powered collaboration and customer experience, according to Cisco on October 1, 2026. For investors, the event provides a near-term test of whether Cisco can extend its AI momentum beyond hyperscaler networking into recurring collaboration and security demand.
Stock stays below its yearly high
Cisco Systems stock was trading at EUR 99.73 at Lang & Schwarz on October 5, 2026 at 2:01 p.m. CEST. The prior close was EUR 99.64 on October 2, 2026, leaving the daily move at plus 0.09 percent. The primary Nasdaq listing stood at USD 112.20 on October 2, 2026, within a 52-week range of USD 66.81 to USD 130.37.
The further course of trading is shown by the continuously updated real-time quote of Cisco Systems stock.
Cisco Systems stock facts
- Company: Cisco Systems, Inc.
- ISIN: US17275R1023
- Ticker: CSCO
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 5, 2026, 2:01 p.m. CEST): EUR 99.73
- Change versus prior close: plus 0.09 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 99.64
- Market capitalization: USD 442.2 billion (as of October 2, 2026)
- 52-week range: USD 66.81-USD 130.37 (as of October 2, 2026)
- Sector / Industry: Technology / Communication Equipment
- Next earnings date: November 12, 2026
