Cisco stock is near 2-year high, expected to report Q2 earnings with improved revenue

From StockTwits: 2025-02-12 15:00:21

Cisco stock is currently near a more than two-year high, $0.30 away from Sept. 2000 levels. Shares edged lower by 0.5% as investors anticipate Q2 earnings. Cisco is set to report earnings after markets close, with an estimated EPS of $0.91, up from $0.84 last year. Revenue expected to be $13.87 billion, reversing four quarters of declining growth. Exane BNP Paribas upgraded Cisco to ‘Outperform’ with a $72 price target, citing catalysts for revenue and earnings growth. Stocktwits sentiment is bearish, with high message volumes. Cisco stock has risen by nearly 39% in the past six months.



Read more at StockTwits: Cisco Stock Edges Lower Ahead Of Q2 Earnings As Wall Street Forecasts End To Revenue Slump: Retail Remains Bearish