This article first appeared on GuruFocus.

Networking leader Cisco (NASDAQ:CSCO) is set to release its first-quarter results for fiscal 2026 after markets close on Wednesday, Nov. 12.

Investors are watching closely, driven by the company's growing role in AI infrastructure and enterprise security. Analysts expect earnings per share (EPS) of $0.98, roughly 8% higher than a year ago, while revenue is projected near $14.78 billion, reflecting about 7% growth.

Warning! GuruFocus has detected 8 Warning Signs with CSCO.

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Wall Street sentiment is cautiously optimistic. UBS upgraded CSCO to Buy from Hold, raising its price target to $88, citing strong AI orders, campus network upgrades, and security growth. Meanwhile, Morgan Stanley keeps a bullish view but notes that Q2 guidance may face pressure from higher component costs and federal spending delays.

Options traders anticipate a roughly 6% stock move following the report.

Overall, Cisco's strategic focus on AI and innovation positions it for steady growth, though near-term risks remain.

Based on the one year price targets offered by 18 analysts, the average target price for Cisco Systems Inc is $77.33 with a high estimate of $88.00 and a low estimate of $62.50. The average target implies a upside of +8.81% from the current price of $71.07.

Based on GuruFocus estimates, the estimated GF Value for Cisco Systems Inc in one year is $58.99, suggesting a downside of -17.00% from the current price of $71.07. gf value is gurufocus' estimate of the fair value that the stock should be traded at. it is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. for deeper insights, visit the forecast page.

Based on the consensus recommendation from 26 brokerage firms, Cisco Systems (NASDAQ:CSCO) average brokerage recommendation is currently 2.2, indicating a \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.