By Rafael Müller
Publication Date: 2026-10-02 12:48:00
Cisco Systems (ISIN US17275R1023) was trading at EUR 97.43 at Lang & Schwarz on October 2, 2026, at 2:36 p.m. CEST. According to MarketBeat on October 2, 2026, Zacks Research upgraded Cisco Systems from Hold to Strong Buy in a note issued on September 30, 2026.
Fiscal fourth quarter beat estimates
The latest operating figures give the rating change a measurable backdrop. Zacks reported USD 17.25 billion of revenue in the fourth quarter of fiscal 2026, up 18.00 percent year over year and above the USD 16.84 billion consensus estimate. Non-GAAP earnings per share reached USD 1.22, 23.00 percent above the prior-year level and 4.27 percent above consensus.
The comparison is important because the growth was not limited to one product line. Networking revenue increased 28.00 percent to USD 9.79 billion, while security revenue rose 14.00 percent to USD 2.23 billion in the fourth quarter of fiscal 2026. At the same time, non-GAAP gross margin fell 210 basis points year over year to 66.30…