Key Takeaways
- Cisco Systems is scheduled to report fiscal third-quarter results after the closing bell Wednesday.
- A majority of analysts covering the stock who are tracked by Visible Alpha have a neutral rating on Cisco's shares. The Street's mean price target suggests close to 10% upside.
- Revenue and adjusted earnings are both expected to have improved year-over-year.
Cisco Systems (CSCO) is slated to report fiscal third-quarter results after the market closes Wednesday, with earnings and revenue expected to tick up modestly from a year earlier.
Analysts on average expect Cisco to report quarterly revenue of $14.06 billion, up more than 10% 澳洲幸运5官方开奖结果体彩网:year-over-year, and adjusted net income of $3.66 billion, or 92 cents per share, up from $3.55 billion, or 88 cents per share, in the year-ago quarter.
Of the 10 analysts following Cisco who are tracked by Visible Alpha, three have a “buy” rating for the networking-equipment provider’s stock, and seven maintain “hold” ratings. Their consensus price target near $67 would suggest close to 10% upside from Wednesday's intraday price at $61. Shares of Cisco have gained about 3% in 2025🍨.
Analysts will also be watching Cisco’s artificial intelligence infrastructure orders. In February, the company said second-quarter AI orders 澳洲幸运5官方开奖结果体彩网:exceeded $350 million, bringing its total to roughly $700 million for the first half of the 澳洲幸运5官方开奖结果体彩网:fiscal year.
Analysts could also ask Cisco about the quantum computing chip it unveiled last week, which the company claims “could accelerate impactful quantum computing and networking applications from decades away to just 5-10 years.”
UPDATE—May 14, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.