Is Wall Street Bullish or Bearish on Cisco Systems Stock?

Is Wall Street Bullish or Bearish on Cisco Systems Stock?

By Neharika Jain
Publication Date: 2026-04-29 01:44:00

Valued at a market cap of $348.6 billion, Cisco Systems, Inc. (CSCO) is a networking, security, and cloud-based communication technology company. This San Jose, California-based company provides the foundational infrastructure for the modern internet and enterprise connectivity.

This tech company has outperformed the broader market over the past 52 weeks. Shares of CSCO have rallied 52.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 29.8%. Moreover, on a YTD basis, the stock is up 12.8%, compared to SPX’s 4.8% rise.

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Zooming in further, this networking giant has also outpaced the Technology Select Sector SPDR ETF’s (XLK) 51.7% return over the past 52 weeks and 9.6% uptick on a YTD basis.

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CSCO reported strong Q2 FY2026 results on Feb. 11, with revenue increasing 10% year over year to $15.3 billion and adjusted EPS rising 11% to $1.04, both exceeding expectations. The upbeat…