Cisco Systems (CSCO) has been upgraded to a Zacks Rank #2 (Buy) due to a positive trend in earnings estimates. The Zacks rating system tracks EPS estimates from analysts, indicating confidence in Cisco’s earnings outlook. Earnings estimate revisions strongly influence stock prices, making this upgrade significant for investors.

Rising earnings estimates for Cisco suggest an improved business outlook, likely leading to increased buying pressure and stock price appreciation. Institutional investors use earnings estimates to determine fair value, impacting stock prices. The Zacks Rank system, based on earnings estimate revisions, can help investors make informed decisions and potentially earn market-beating returns.

For the fiscal year ending July 2026, Cisco is projected to earn $4.02 per share, with a 4.5% increase in the Zacks Consensus Estimate over the past three months. The Zacks Rank #2 places Cisco in the top 20% of Zacks-covered stocks based on estimate revisions, indicating potential upward movement in the near future.

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Read more at Nasdaq: Cisco (CSCO) Upgraded to Buy: What Does It Mean for the Stock?