Buy Cisco Systems (CSCO) stock as projections show growth in sales and earnings

From Nasdaq: 2025-02-11 17:52:00

Cisco Systems is set to report its fiscal second-quarter results, with sales projected to increase by 8% to $13.86 billion. The stock has risen 24% in the last year and is near 52-week highs. Cisco’s role in artificial intelligence, with AI-driven infrastructure and security, is boosting its outlook.

Additionally, Cisco Systems’ total sales are expected to increase by nearly 4% in fiscal 2025 and FY26, with projections nearing $60 billion. Annual earnings are forecasted to dip 2% this year but rise 7% in FY26 to $3.90 per share. Cisco’s earnings have grown 30% over the last five years.

Cisco Systems stock holds a Zacks Rank #2 (Buy) and is trading at a reasonable forward P/E multiple. With consistent surpassing of quarterly expectations and favorable guidance, higher highs could be in store for CSCO. Investors can access all Zacks’ picks for $1 to explore the potential opportunities in the tech sector.



Read more at Nasdaq: Buy Cisco Systems (CSCO) Stock for Higher Highs as Earnings Approach?