Why Cisco (CSCO) Stock Is Down Today
Shares of networking technology giant Cisco (NASDAQ:CSCO) fell 9% in the afternoon session after the company reported fourth-quarter fiscal 2026 results that beat Wall Street's expectations for both revenue and profit. Cisco posted record revenue of $17.3 billion, growing 18% year over year and surpassing analyst estimates. Non-GAAP earnings per share came in at $1.22, also beating consensus forecasts. Furthermore, Cisco provided an optimistic outlook, guiding fiscal 2027 revenue to $72.2–$73.4
Shares of networking technology giant Cisco (NASDAQ:CSCO) fell 9% in the afternoon session after the company reported fourth-quarter fiscal 2026 results that beat Wall Street's expectations for both revenue and profit. Cisco posted record revenue of $17.3 billion, growing 18% year over year and surpassing analyst estimates. Non-GAAP earnings per share came in at $1.22, also beating consensus forecasts. Furthermore, Cisco provided an optimistic outlook, guiding fiscal 2027 revenue to $72.2–$73.4
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