Cisco Systems (CSCO) Stock Forecast, Price Target & Predictions
CSCO Stock Forecast
Cisco Systems stock forecast is as follows: an average price target of $62.13 (represents a 28.10% upside from CSCO’s last price of $48.50) and a rating consensus of 'Buy', based on 32 wall street analysts offering a 1-year stock forecast.
CSCO Price Target
The average price target for Cisco Systems (CSCO) is $62.13 based on 1-year price targets from 32 Wall Street analysts in the past 3 months, with a price target range of $160.00 to $44.00. This represents a potential 28.10% upside from CSCO's last price of $48.50.
CSCO Analyst Ratings
According to 32 Wall Street analysts, Cisco Systems's rating consensus is 'Buy'. The analyst rating breakdown for CSCO stock is 0 'Strong Buy' (0.00%), 18 'Buy' (56.25%), 13 'Hold' (40.63%), 1 'Sell' (3.13%), and 0 'Strong Sell' (0.00%).
Cisco Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Sam Poser | Williams Trading | $93.00 | $49.37 | 88.39% | 91.75% |
| Aug 16, 2024 | Stephen Bersey | HSBC | $58.00 | $49.70 | 16.71% | 19.59% |
| Aug 15, 2024 | Pierre Ferragu | New Street | $57.00 | $49.55 | 15.02% | 17.53% |
| Aug 15, 2024 | Tal Liani | Bank of America Securities | $60.00 | $48.57 | 23.53% | 23.71% |
| Aug 15, 2024 | Mike Genovese | Rosenblatt Securities | $58.00 | $49.22 | 17.84% | 19.59% |
| May 17, 2024 | Jim Kelleher | Argus Research | $70.00 | $48.28 | 44.99% | 44.33% |
| May 17, 2024 | Tim Long | Barclays | $50.00 | $48.17 | 3.80% | 3.09% |
| May 16, 2024 | Mike Genovese | Rosenblatt Securities | $56.00 | $48.42 | 15.64% | 15.46% |
| May 16, 2024 | James Fish | Piper Sandler | $52.00 | $48.75 | 6.67% | 7.22% |
| May 16, 2024 | Aaron Rakers | Wells Fargo | $57.00 | $49.67 | 14.76% | 17.53% |
The latest Cisco Systems stock forecast, released on Aug 16, 2024 by Sam Poser from Williams Trading, set a price target of $93.00, which represents a 88.39% increase from the stock price at the time of the forecast ($49.37), and a 91.75% increase from CSCO last price ($48.50).
Cisco Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 5 | 20 |
| Avg Price Target | $65.20 | $65.20 | $62.73 |
| Last Closing Price | $48.50 | $48.50 | $48.50 |
| Upside/Downside | 34.43% | 34.43% | 29.34% |
In the current month, the average price target of Cisco Systems stock is $65.20, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 34.43% increase as opposed to Cisco Systems's last price of $48.50. This month's average price target is down 0.00% compared to last quarter, and up 3.94% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 16, 2024 | Piper Sandler | Neutral | Overweight | Upgrade |
| Aug 16, 2024 | Daiwa | - | Buy | Upgrade |
| Aug 16, 2024 | Cantor Fitzgerald | - | Overweight | Upgrade |
| Aug 16, 2024 | New Street | Buy | Positive | Upgrade |
| Aug 16, 2024 | Sandler O'Neill | Buy | Buy | Hold |
| Aug 16, 2024 | HSBC | - | Buy | Upgrade |
| Aug 15, 2024 | New Street | - | Buy | Upgrade |
| Aug 15, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 15, 2024 | Needham | Hold | Hold | Hold |
| Aug 15, 2024 | Bank of America Securities | Buy | Buy | Hold |
Cisco Systems's last stock rating was published by Piper Sandler on Aug 16, 2024. The company Upgrade its CSCO rating from "Neutral" to "Overweight".
Cisco Systems Financial Forecast
Cisco Systems Revenue Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.67B | $15.20B | $14.57B | $13.59B | $13.63B | $13.10B | $12.84B | $12.72B | $12.90B | $13.13B | - | $11.96B | $11.93B | $12.15B | $11.98B |
| Avg Forecast | $15.49B | $14.93B | $14.85B | $14.82B | $15.04B | $14.44B | $14.46B | $14.39B | $14.40B | $13.82B | $13.79B | $13.77B | $13.53B | $12.53B | $12.71B | $14.63B | $15.05B | $14.40B | $13.42B | $13.31B | $12.73B | $13.37B | $12.66B | $12.98B | $13.04B | $12.57B | $11.92B | $11.85B | $12.09B | $11.88B |
| High Forecast | $15.79B | $15.22B | $15.14B | $15.12B | $15.34B | $14.72B | $14.75B | $14.68B | $14.69B | $14.10B | $14.32B | $13.82B | $13.80B | $12.78B | $12.96B | $14.70B | $15.35B | $14.68B | $13.68B | $13.58B | $12.79B | $14.32B | $13.45B | $13.79B | $13.85B | $13.35B | $12.66B | $12.58B | $12.83B | $12.61B |
| Low Forecast | $15.21B | $14.66B | $14.59B | $14.56B | $14.78B | $14.18B | $14.21B | $14.14B | $14.15B | $13.58B | $13.25B | $13.71B | $13.30B | $12.31B | $12.48B | $14.59B | $14.78B | $14.14B | $13.18B | $13.08B | $12.64B | $12.40B | $12.34B | $12.65B | $12.70B | $12.25B | $11.62B | $11.54B | $11.77B | $11.57B |
| # Analysts | 8 | 7 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 12 | 6 | 6 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 1.01% | 1.02% | 1.03% | 0.96% | 1.00% | 0.99% | 1.01% | - | 1.00% | 1.01% | 1.01% | 1.01% |
Cisco Systems's average Quarter revenue forecast for Jan 24 based on 10 analysts is $12.71B, with a low forecast of $12.48B, and a high forecast of $12.96B. CSCO's average Quarter revenue forecast represents a -13.37% decrease compared to the company's last Quarter revenue of $14.67B (Oct 23).
Cisco Systems EBITDA Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 12 | 6 | 6 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.08B | $5.21B | $4.60B | $4.20B | $3.99B | $3.94B | $4.37B | $4.21B | $4.28B | $4.32B | - | $3.80B | $3.24B | $3.87B | $4.02B |
| Avg Forecast | $4.96B | $4.78B | $4.75B | $4.75B | $4.82B | $4.62B | $4.63B | $4.61B | $4.61B | $4.43B | $4.41B | $4.41B | $4.33B | $4.81B | $4.07B | $4.68B | $4.82B | $4.37B | $4.30B | $4.63B | $4.21B | $4.42B | $4.22B | $4.21B | $4.31B | $3.65B | $2.97B | $3.56B | $3.44B | $4.09B |
| High Forecast | $5.06B | $4.87B | $4.85B | $4.84B | $4.91B | $4.72B | $4.72B | $4.70B | $4.70B | $4.51B | $4.59B | $4.43B | $4.42B | $5.77B | $4.15B | $4.71B | $4.91B | $5.25B | $4.38B | $5.55B | $4.23B | $4.74B | $5.06B | $5.05B | $4.58B | $4.38B | $3.56B | $4.27B | $4.12B | $4.91B |
| Low Forecast | $4.87B | $4.70B | $4.67B | $4.66B | $4.73B | $4.54B | $4.55B | $4.53B | $4.53B | $4.35B | $4.24B | $4.39B | $4.26B | $3.85B | $4.00B | $4.67B | $4.73B | $3.50B | $4.22B | $3.70B | $4.18B | $4.10B | $3.38B | $3.36B | $4.20B | $2.92B | $2.37B | $2.84B | $2.75B | $3.28B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.08% | 1.05% | 0.98% | 0.86% | 0.94% | 0.99% | 1.00% | 1.02% | 1.00% | - | 1.28% | 0.91% | 1.13% | 0.98% |
10 analysts predict CSCO's average Quarter EBITDA for Jan 24 to be $4.07B, with a high of $4.15B and a low of $4.00B. This is -19.86% lower than Cisco Systems's previous annual EBITDA (Oct 23) of $5.08B.
Cisco Systems Net Income Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 12 | 6 | 6 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.64B | $3.96B | $3.21B | $2.77B | $2.67B | $2.81B | $3.04B | $2.97B | $2.98B | $3.01B | - | $2.54B | $2.17B | $2.64B | $2.77B |
| Avg Forecast | $4.38B | $4.21B | $4.06B | $4.03B | $4.09B | $3.85B | $3.84B | $3.80B | $3.77B | $3.57B | $3.52B | $3.51B | $3.42B | $3.40B | $3.38B | $4.16B | $4.27B | $3.09B | $3.45B | $3.22B | $3.31B | $3.51B | $2.94B | $2.93B | $3.37B | $2.44B | $1.99B | $2.42B | $2.37B | $2.84B |
| High Forecast | $4.50B | $4.32B | $4.17B | $4.13B | $4.20B | $3.95B | $3.93B | $3.90B | $3.87B | $3.66B | $3.64B | $3.55B | $3.51B | $4.08B | $3.47B | $4.24B | $4.38B | $3.71B | $3.54B | $3.86B | $3.33B | $3.84B | $3.53B | $3.51B | $3.65B | $2.93B | $2.39B | $2.91B | $2.85B | $3.41B |
| Low Forecast | $4.28B | $4.11B | $3.97B | $3.94B | $4.00B | $3.76B | $3.75B | $3.71B | $3.69B | $3.49B | $3.44B | $3.35B | $3.35B | $2.72B | $3.31B | $4.06B | $4.17B | $2.47B | $3.37B | $2.58B | $3.28B | $3.18B | $2.35B | $2.34B | $3.26B | $1.96B | $1.59B | $1.94B | $1.90B | $2.27B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.93% | 1.04% | 0.80% | 0.83% | 0.85% | 0.87% | 1.01% | 1.02% | 0.89% | - | 1.28% | 0.90% | 1.11% | 0.98% |
Cisco Systems's average Quarter net income forecast for Jan 24 is $3.38B, with a range of $3.31B to $3.47B. CSCO's average Quarter net income forecast represents a -6.97% decrease compared to the company's last Quarter net income of $3.64B (Oct 23).
Cisco Systems SG&A Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 12 | 6 | 6 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.18B | $3.27B | $3.17B | $2.97B | $2.96B | $2.84B | $2.73B | $2.81B | $2.81B | $2.97B | - | $2.76B | $2.76B | $2.71B | $2.65B |
| Avg Forecast | $3.51B | $3.38B | $3.36B | $3.36B | $3.41B | $3.27B | $3.28B | $3.26B | $3.26B | $3.13B | $3.12B | $3.12B | $3.07B | $3.21B | $2.88B | $3.31B | $3.41B | $2.92B | $3.04B | $3.18B | $2.82B | $2.96B | $2.77B | $2.89B | $2.89B | $2.65B | $2.52B | $2.49B | $2.26B | $2.70B |
| High Forecast | $3.58B | $3.45B | $3.43B | $3.42B | $3.47B | $3.34B | $3.34B | $3.33B | $3.33B | $3.19B | $3.24B | $3.13B | $3.13B | $3.86B | $2.94B | $3.33B | $3.48B | $3.51B | $3.10B | $3.81B | $2.83B | $3.17B | $3.33B | $3.47B | $3.07B | $3.18B | $3.03B | $2.99B | $2.71B | $3.24B |
| Low Forecast | $3.45B | $3.32B | $3.30B | $3.30B | $3.35B | $3.21B | $3.22B | $3.20B | $3.20B | $3.08B | $3.00B | $3.11B | $3.01B | $2.57B | $2.83B | $3.30B | $3.35B | $2.34B | $2.99B | $2.54B | $2.80B | $2.75B | $2.22B | $2.31B | $2.81B | $2.12B | $2.02B | $1.99B | $1.81B | $2.16B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.96% | 1.08% | 0.98% | 0.93% | 1.01% | 0.92% | 1.01% | 0.97% | 1.03% | - | 1.09% | 1.11% | 1.20% | 0.98% |
Cisco Systems's average Quarter SG&A projection for Jan 24 is $2.88B, based on 10 Wall Street analysts, with a range of $2.83B to $2.94B. The forecast indicates a -9.42% fall compared to CSCO last annual SG&A of $3.18B (Oct 23).
Cisco Systems EPS Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 12 | 6 | 6 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.90 | $0.97 | $0.79 | $0.68 | $0.65 | $0.68 | $0.73 | $0.71 | $0.71 | $0.71 | - | $0.60 | $0.51 | $0.62 | $0.66 |
| Avg Forecast | $1.09 | $1.04 | $1.01 | $1.00 | $1.01 | $0.95 | $0.95 | $0.94 | $0.94 | $0.89 | $0.87 | $0.87 | $0.85 | $0.83 | $0.84 | $1.03 | $1.06 | $0.97 | $0.85 | $0.84 | $0.82 | $0.86 | $0.81 | $0.80 | $0.83 | $0.82 | $0.76 | $0.70 | $0.74 | $0.71 |
| High Forecast | $1.11 | $1.07 | $1.03 | $1.02 | $1.04 | $0.98 | $0.97 | $0.97 | $0.96 | $0.91 | $0.90 | $0.88 | $0.87 | $0.85 | $0.86 | $1.05 | $1.08 | $1.00 | $0.88 | $0.86 | $0.82 | $0.94 | $0.88 | $0.87 | $0.90 | $0.89 | $0.82 | $0.76 | $0.80 | $0.77 |
| Low Forecast | $1.06 | $1.02 | $0.98 | $0.98 | $0.99 | $0.93 | $0.93 | $0.92 | $0.91 | $0.86 | $0.85 | $0.83 | $0.83 | $0.81 | $0.82 | $1.01 | $1.03 | $0.95 | $0.84 | $0.82 | $0.81 | $0.78 | $0.78 | $0.78 | $0.80 | $0.79 | $0.73 | $0.68 | $0.71 | $0.69 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.92% | 0.81% | 0.80% | 0.78% | 0.83% | 0.85% | 0.88% | 0.88% | 0.86% | - | 0.79% | 0.72% | 0.84% | 0.93% |
According to 10 Wall Street analysts, Cisco Systems's projected average Quarter EPS for Jan 24 is $0.84, with a low estimate of $0.82 and a high estimate of $0.86. This represents a -6.80% decrease compared to CSCO previous annual EPS of $0.90 (Oct 23).
Cisco Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLFD | Clearfield | $36.49 | $61.60 | 68.81% | Buy |
| NTGR | NETGEAR | $15.76 | $25.00 | 58.63% | Buy |
| NOK | Nokia Oyj | $4.24 | $6.35 | 49.76% | Buy |
| LITE | Lumentum | $52.11 | $74.60 | 43.16% | Buy |
| EXTR | Extreme Networks | $13.70 | $19.33 | 41.09% | Buy |
| CSCO | Cisco Systems | $48.50 | $62.13 | 28.10% | Buy |
| CIEN | Ciena | $51.16 | $64.74 | 26.54% | Buy |
| ZBRA | Zebra | $320.77 | $354.00 | 10.36% | Hold |
| HPE | Hewlett Packard Enterprise Company | $17.53 | $19.06 | 8.73% | Hold |
| INFN | Infinera | $6.24 | $6.67 | 6.89% | Buy |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) | $7.22 | $6.94 | -3.88% | Hold |
| JNPR | Juniper Networks | $38.40 | $35.47 | -7.63% | Buy |
| MSI | Motorola Solutions | $431.50 | $344.83 | -20.09% | Buy |
CSCO Forecast FAQ
Is Cisco Systems a good buy?
Yes, according to 32 Wall Street analysts, Cisco Systems (CSCO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 18 'Buy' recommendations, accounting for 56.25% of CSCO's total ratings.
What is CSCO's price target?
Cisco Systems (CSCO) average price target is $62.13 with a range of $44 to $160, implying a 28.10% from its last price of $48.5. The data is based on 32 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cisco Systems stock go up soon?
According to Wall Street analysts' prediction for CSCO stock, the company can go up by 28.10% (from the last price of $48.5 to the average price target of $62.13), up by 229.90% based on the highest stock price target, and down by -9.28% based on the lowest stock price target.
Can Cisco Systems stock reach $70?
CSCO's highest twelve months analyst stock price target of $160 supports the claim that Cisco Systems can reach $70 in the near future.
What is Cisco Systems's current price target trend?
5 Wall Street analysts forecast a $65.2 price target for Cisco Systems (CSCO) this month, up 34.43% from its last price of $48.5. Compared to the last 3 and 12 months, the average price target increased by 34.43% and increased by 29.34%, respectively.
What are Cisco Systems's analysts' financial forecasts?
Cisco Systems's analysts financial forecasts for the fiscal year (Jul 2026) are as follows: average revenue is $58.34B (high $59.49B, low $57.31B), average EBITDA is $18.68B (high $19.05B, low $18.35B), average net income is $15.58B (high $15.98B, low $15.22B), average SG&A $13.22B (high $13.48B, low $12.98B), and average EPS is $3.86 (high $3.96, low $3.77). CSCO's analysts financial forecasts for the fiscal year (Jul 2027) are as follows: average revenue is $60.09B (high $61.27B, low $59.03B), average EBITDA is $19.24B (high $19.62B, low $18.9B), average net income is $16.68B (high $17.11B, low $16.3B), average SG&A $13.61B (high $13.88B, low $13.37B), and average EPS is $4.13 (high $4.24, low $4.04).
Did the CSCO's actual financial results beat the analysts' financial forecasts?
Based on Cisco Systems's last annual report (Jul 2023), the company's revenue was $57B, beating the average analysts forecast of $56.18B by 1.46%. Apple's EBITDA was $18B, missing the average prediction of $18.12B by -0.63%. The company's net income was $12.61B, missing the average estimation of $14.03B by -10.09%. Apple's SG&A was $12.36B, missing the average forecast of $12.55B by -1.52%. Lastly, the company's EPS was $3.08, missing the average prediction of $3.72 by -17.21%. In terms of the last quarterly report (Oct 2023), Cisco Systems's revenue was $14.67B, beating the average analysts' forecast of $14.63B by 0.29%. The company's EBITDA was $5.08B, beating the average prediction of $4.68B by 8.40%. Cisco Systems's net income was $3.64B, missing the average estimation of $4.16B by -12.55%. The company's SG&A was $3.18B, missing the average forecast of $3.31B by -4.09%. Lastly, the company's EPS was $0.9, missing the average prediction of $1.03 by -12.71%