Shares of Cisco Systems Inc (NASDAQ:CSCO) are trading 0.3% lower at $98.44, as investors gear up for the company's fiscal third-quarter report, due out after the close tomorrow, May 13.
Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last six consecutive weeks, bringing its market capitalization to nearly $400 billion.
Cisco is due to release its quarterly results after Wednesday's closing bell, and traders are pricing in a big move for the stock by the end of the week.
CSCO heads into May 13 results with strong AI networking demand, but rivals ANET, DELL and HPE keep competitive pressure on.
CSCO, EXTR and LTRX ride on multiple tailwinds amid macro headwinds and margin pressures.
US markets head into the new week with inflation data, AI enthusiasm, and a fresh batch of corporate earnings all competing for investors' attention after major indexes recently pushed back toward record highs. The biggest event on the calendar will arrive Tuesday with the April Consumer Price Index report, which could shape expectations for the Federal Reserve and interest rates heading into the summer.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Cisco (CSCO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2026.
Zacks.com users have recently been watching Cisco (CSCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Next week will bring key inflation data on Tuesday and Wednesday, as well as a host of other economic data.
In the most recent trading session, Cisco Systems (CSCO) closed at $91.55, indicating a -2.92% shift from the previous trading day.
Cisco (CSCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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