By Rafael Müller
Publication Date: 2026-09-24 11:05:00
Cisco Systems stock (ISIN US17275R1023) stood at USD 106.43 on Nasdaq on September 23, 2026, while the networking company reported fiscal 2026 revenue of USD 63.3 billion. The result increased 12 percent from fiscal 2025 and gives the stock a strong earnings base despite a fresh target reduction.
Fiscal Q4 sets the pace
Cisco generated record fiscal Q4 revenue of USD 17.3 billion, an 18 percent increase from the comparable quarter, according to Yahoo Finance. Product revenue advanced 24 percent to USD 13.5 billion, while services revenue was flat at USD 3.8 billion, according to MarketScreener.
Non-GAAP earnings per share reached USD 1.22 in fiscal Q4, up 23 percent year over year. For the full fiscal year, diluted GAAP EPS was USD 3.33, compared with USD 2.55 in fiscal 2025, a 30.6 percent increase.
Target cut tests the valuation
The market is weighing that operating progress against a more cautious valuation view. CNBC reported on September 22, 2026, that Piper Sandler lowered its…
