Why Cisco Stock Dropped After Earnings Today
Cisco Systems (NASDAQ: CSCO) stock tumbled 9.7% through 10:10 a.m. ET Thursday despite beating on both top and bottom lines in its fiscal Q2 2026 earnings report last night.
Analysts expected Cisco to earn $1.02 per share on $15.1 billion in sales, but Cisco actually earned $1.04 per share (adjusted for one-time items) on sales of $15.3 billion.
Source Fool.com
Cisco Systems Inc. Stock
€69.87
-0.330%
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 74 € there is a slightly positive potential of 5.91% for Cisco Systems Inc. compared to the current price of 69.87 €.
