CSCO
Cisco Systems, Inc. Information Technology Computer Communications Equipment S&P 500Nasdaq-100Dow 30Russell 3000
$104.51Close
$412.4BMarket cap
$70.02 – $129.5252-week range
Nov 11, 2026Next report
Highlights
Strengths
- Earnings growing EPS +51% year on year, faster than the quarter before (+15 pts)
Cautions
- Trend not confirmed 6 of 8 conditions · under the 150/200-day, under the 50-day
- Results soon Nov 11, 2026, in 10 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
19%
1wk
down 1.9%
price change
1mo
down 2.5%
price change
12-month return
up 45%
market up 11% ·
its own up 38%
F-score
7 / 9
Strong
Altman Z
3.99
Low risk
P/E
31.1×
price / earnings
PEG
1.01
P/E / EPS growth
P/B
8.2×
price / book
Earnings yield
up 3.6%
EBIT / enterprise value
Cheaper than
40%
of the market · expensive
Revenue growth
up 12%
year on year
EPS growth
up 51%
latest quarter · +15 pts
Sales growth
up 18%
latest quarter · +6 pts
ROE
up 27%
return on equity
Free cash margin
up 20%
$12.8B FCF
D/E
0.39
long-term debt / equity
Net debt / EBITDA
0.8×
Interest cover
—EBIT / interest
Piotroski tests
- short-term liquidity weakened
- gross margin narrowed
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- no new shares issued
- assets working harder
Repair signals
- Long-term debt down 15% ($22.9B → $19.4B)
Trade setup
ATR%
3.0%
$3.12 a day · 2×ATR $98.27
RS
71 / 99
vs the universe
Trend
6 / 8
under the 150/200-day, under the 50-day
Relative volume
1.5×
vs 50-day average
Up/down volume
0.88
50 sessions
Implied move
10.0%
by Nov 13, 2026 · report Nov 11, 2026
Trend template · 6 of 8
- Price above the 150 and 200-day averages: fails
- Price above the 50-day average: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Aug 12, 2026
Results reaction
Aug 12, 2026-7% vs market2 sessions after results
Options
$19.3M49.0% IV · activity
Financials
- Gross 65%
- Net 21%
- Free cash 20%
- Cash
- Long-term debt
| FY2021Jul 31, 2021 | FY2022Jul 30, 2022 | FY2023Jul 29, 2023 | FY2024Jul 27, 2024 | FY2025Jul 26, 2025 | FY2026Jul 25, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $49.8B | $51.6B | $57.0B | $53.8B | $56.7B | $63.3B |
| Gross margin | 64% | 63% | 63% | 65% | 65% | 65% |
| Operating income | $12.8B | $14.0B | $15.0B | $12.2B | $11.8B | $15.4B |
| Net income | $10.6B | $11.8B | $12.6B | $10.3B | $10.2B | $13.3B |
| Net margin | 21% | 23% | 22% | 19% | 18% | 21% |
| Earnings per share | $2.50 | $2.82 | $3.07 | $2.54 | $2.55 | $3.33 |
| Free cash flow | $14.8B | $12.7B | $19.0B | $10.2B | $13.3B | $12.8B |
| Free cash margin | 30% | 25% | 33% | 19% | 23% | 20% |
| Cash | $9.2B | $7.1B | $10.1B | $7.5B | $8.3B | $7.2B |
| Long-term debt | $9.0B | $8.4B | $6.7B | $19.6B | $22.9B | $19.4B |
| Shareholders' equity | $41.3B | $39.8B | $44.4B | $45.5B | $46.8B | $50.3B |
| Shares outstanding | 4.22bn | 4.11bn | 4.07bn | 4.01bn | 3.96bn | 3.95bn |
Next report
Nov 11, 2026
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±10.0%
$94 – $115 by Nov 13, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±10.5%
last 4: -5.8% · +16.4% · -13.1% · +7.9%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
About usual
1.0× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $92 – $116 ±11.5% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 49.0% priced · 35.6% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: no change
Positioning
- Premium traded
- $19.3M calls $11.4M · puts $7.9M · latest session
- 0.69× -0.40 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -18.39k · puts -15.90k past week
For options traders: ATM IV 49.0% (+3.1% 1w) · 1m ÷ 3m IV 1.14 · 25Δ skew 3.0 pts · Net GEX $3.1M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Sep 2, 2026 | Annual ↗ | Jul 25, 2026 | 39d |
| May 19, 2026 | Quarterly ↗ | Apr 25, 2026 | 24d |
| Feb 17, 2026 | Quarterly ↗ | Jan 24, 2026 | 24d |
| Nov 18, 2025 | Quarterly ↗ | Oct 25, 2025 | 24d |
| Sep 3, 2025 | Annual ↗ | Jul 26, 2025 | 39d |
| May 20, 2025 | Quarterly ↗ | Apr 26, 2025 | 24d |
| Feb 18, 2025 | Quarterly ↗ | Jan 25, 2025 | 24d |
| Nov 19, 2024 | Quarterly ↗ | Oct 26, 2024 | 24d |
| Sep 5, 2024 | Annual ↗ | Jul 27, 2024 | 40d |
| May 21, 2024 | Quarterly ↗ | Apr 27, 2024 | 24d |
| Feb 20, 2024 | Quarterly ↗ | Jan 27, 2024 | 24d |
| Nov 21, 2023 | Quarterly ↗ | Oct 28, 2023 | 24d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 9, 2026 | Director or officer change ↗ |
| Aug 12, 2026 | Results ↗ |
| May 13, 2026 | Results · Restructuring ↗ |
| May 1, 2026 | Director or officer change ↗ |
| Apr 6, 2026 | Director or officer change ↗ |
| Feb 11, 2026 | Results ↗ |
| Dec 17, 2025 | Director or officer change · Shareholder vote ↗ |
| Nov 12, 2025 | Results ↗ |
| Oct 17, 2025 | Director or officer change ↗ |
| Aug 25, 2025 | Charter or bylaws ↗ |
| Aug 13, 2025 | Results ↗ |
| Jun 9, 2025 | Director or officer change ↗ |