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
€65.95
-2.320%
With 42 Buy predictions and not a single Sell prediction Cisco Systems Inc. is an absolute favorite of our community.
As a result the target price of 72 € shows a slightly positive potential of 9.17% compared to the current price of 65.95 € for Cisco Systems Inc..
