Cisco Systems, Inc. (CSCO) earnings on May 13, 2026
More Cisco Systems, Inc. earnings
Prior outlook: No statistical edge
Cisco's earnings beat expectations and they increased future order forecasts, even with job cuts. The stock price rose following the news.
CSCO price around the earnings
122.00
Change: +22.9%
2026-05-14, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
Mixed outlook, price near resistance, limited upside.
Analysts have a mixed view on CSCO, noting a history of strong earnings surprises but also cautioning about limited optimistic potential. The current price is near resistance levels, and while the company has a good track record, some analysts have set lower price targets.
Context analyzed before publication
- Summary
- Mixed outlook, analyst targets suggest caution.
- Reasoning
- Analysts have a mixed view, with a price target pointing to a pessimistic scenario, despite a strong recent record of beating earnings expectations. However, recent positive news and strong market performance are creating some optimism.
- Playbook
- Given the mixed contexts, the scenario suggests waiting for clearer direction or focusing on the company's strong earnings history. Analyst price targets are a key factor for any significant shifts.
- Trend
- Trajectory shifted from negative to positive recently.
Analysts
Drivers
-
Analysts
Negative
The average price target from analysts suggests a potential 5% drop from current levels. While some analysts have higher targets, others maintain a neutral stance.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.85
- Analysts covering the stock
- 22
- Average price target
- 89.54
- Lowest price target
- 75
- Highest price target
- 110
- Upside to price target
- -5%
- Quarterly earnings growth
- 30.8%
- Revenue growth
- 9.7%
- Forward EPS
- 4.51
- Trailing EPS
- 2.78
- Analyst moves in the last 60 days
- 4
- Strong buy: 4
- Buy: 13
- Hold: 9
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 13
- Hold
- 9
- Sell
- 0
- Strong sell
- 0
- May 4, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
- April 23, 2026 · BWG Global: Downgrades rating (Positive → Mixed)
- April 16, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- March 31, 2026 · Truist Securities: Initiates coverage (Buy)
News and sentiment
Drivers
-
News & sentiment
Positive
One analyst significantly increased their price target, and the company is benefiting from positive sentiment around data center investments.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- Evercore ISI Group Maintains Outperform on Cisco Systems, Raises Price Target to $110 — Benzinga
- Netflix, Cisco, Zoom And A Health Care Stock On CNBC's 'Final Trades' — Benzinga
- CNBC Halftime Report Final Trades: Netflix, AbbVie, Zoom Communications, Cisco Systems — Benzinga
- Cisco, Amazon And A Financial Stock On CNBC's 'Final Trades' — Benzinga
- CNBC Halftime Report Final Trades: Cisco Systems, Amazon, Hercules Capital — Benzinga
- BWG Global Downgrades Cisco Systems to Mixed — Benzinga
Technicals
Drivers
-
Technical
Neutral
The stock has seen a rally, approaching a resistance level. Support is identified at a lower price point, with positive momentum over the last month.
Evidence
- Average true range (ATR)
- 2.2%
- Distance to 52-week high
- -0.4%
- 14-day change (14d)
- +11.6%
- 30-day change
- +16.6%
- 30-day relative strength
- +6.2%
- Benchmark change
- +10.4%
- Nearest support
- 76.31
- Nearest resistance
- 94.7
- Volume accumulation ratio
- 0.71
Trends
Drivers
-
Macro & trends
Positive
The stock is outperforming the broader market over the last month. Positive trends in the data center industry are also a tailwind.
Evidence
- Average earnings surprise
- +2.4%
- February 11, 2026: actual EPS 1.04 vs estimate 1.02 (surprise +1.8%)
- November 12, 2025: actual EPS 1 vs estimate 0.98 (surprise +1.8%)
- August 13, 2025: actual EPS 0.99 vs estimate 0.98 (surprise +1.3%)
- May 14, 2025: actual EPS 0.96 vs estimate 0.92 (surprise +4.6%)
Expected move
Drivers
-
Past earnings
Positive
The company has a strong recent record of exceeding earnings expectations in the past. This historical performance indicates a solid operational setup.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 4.6%
- 75th percentile move
- 5.7%
- 90th percentile move
- 10.4%
- Up / down moves
- 11 / 8
- Average up move
- +4.2%
- Average down move
- -6.3%
Monitoring and close
What Cisco Systems, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Consolidated
- +2.1%
- Max move
- +2.8%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.