By Rafael Müller
Publication Date: 2026-10-05 21:03:00
Cisco Systems (ISIN US17275R1023) stock was last at USD 112.20 on Nasdaq on October 2, 2026, up 3.2 percent from USD 108.76. The move followed renewed analyst attention as Piper Sandler cut its price target from USD 132 to USD 125 while keeping a Neutral rating, according to MarketBeat.
Quarterly growth sets the baseline
Cisco reported fiscal Q4 2026 revenue of USD 17.25 billion, up 17.6 percent from the prior-year quarter, while quarterly EPS reached USD 1.22 against a USD 1.17 consensus estimate, as Yahoo Finance published in the fiscal Q4 2026 earnings transcript. Cisco’s fiscal 2026 revenue reached USD 63.3 billion, up 12 percent, while non-GAAP EPS increased 14 percent to USD 4.33.
The operating picture is increasingly tied to artificial intelligence infrastructure. Fiscal Q4 product orders rose 35 percent year over year, and hyperscaler AI infrastructure orders reached USD 4 billion in the quarter, bringing the fiscal-year total to USD 9.3 billion, according to Yahoo…