CSCO

Delta fell on earnings. Memory giant SK Hynix is set for its Nasdaq debut after a huge offering as peers Micron and Sandisk dipped.

(0:15) - Finding Strong Investments Heading Into Earnings Season (2:20) - Breaking Down Expected Performance For Upcoming Earnings (10:10) - Top Stock Picks To Keep On Your Radar Right Now (21:00) - Episode Roundup: F, W, CSCO [email protected] Welcome to Episode #491 of the Zacks Market Edge Podcast. Every week, host and Zacks stock strategist, Tracey Ryniec, is joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life. This week, Tracey went solo to discuss the upcoming second quarter earnings season as well as three Zacks Rank #1 (Strong Buy) stocks that investors might want to keep on their short lists. Second quarter S&P 500 earnings are now expected to jump 24% year-over-year after surging 25.7% in the first quarter. This is on revenue growth expected to be 11.3%. Excitement is building for this earnings season but some analysts have been raising estimates ahead of the reports. Zacks top ranked Strong Buy stocks reflect the analysts’ bullishness on those companies. Some companies are already Strong Buys even before reporting their next earnings report. These are three of those companies. 1. Ford Motor Co. (F) Ford Motor Co. is a Zacks Rank #1 (Strong Buy) stock ahead of its July 28, 2026, second quarter 2026 earnings report. Shares of Ford are up just 3.7% year-to-date after it gave up some recent gains. Earnings are expected to jump 50.5% in 2026 and one estimate is higher for the second quarter in the last 60 days. Ford is cheap. It trades with a forward price-to-earnings (P/E) ratio of just 8.2. A P/E ratio under 10 usually indicates a company is a deep value. It also is shareholder friendly. Ford pays a dividend currently yielding 4.4%. Should Ford Motor Co. be on your short list? 2. Wayfair Inc. (W) Wayfair, which describes itself as the destination for all things home, is transforming itself from an online home goods retailer to a dual threat of online and physical stores. Wayfair currently operates three physical stores and has announced five more. Analysts are bullish about 2026 with two estimates higher in the last 60 days. Earnings are expected to rise 11.9% in 2026 and another 29.6% in 2027. While shares are down 10.1% year-to-date, they have rallied over the last month, jumping 26.6%. Wayfair now sports a forward price-to-earnings (P/E) ratio of 29.8. Should Wayfair, a Zacks Strong Buy,...

Taiwan Semi, Goldman and GE Aerospace are big earnings due with the market improving. Nvidia, Sandisk, Micron, Robinhood are near buy points.

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Cisco Systems stock has delivered a strong 142.4% return over the past 5 years, yet the latest valuation work suggests the price now sits at a premium to its intrinsic value estimate, while market multiples look roughly in line with peers. A 142.4% gain over 5 years signals that long term holders have already enjoyed substantial returns, so fresh buyers are stepping in at a very different entry point. Growing expectations around Cisco’s role in AI driven networking and cloud managed infrastructure can support optimism; however, pressure on margins and questions about the pace of subscription and recurring revenue growth may limit how much investors are willing to pay for that story. With a value score of 2 out of 6, Cisco looks more like a stock that leans expensive than a clear bargain on the broader valuation checks. The issue now is whether Cisco’s recent re rating, helped by AI related enthusiasm and strong historical returns, has already priced in most of the intrinsic value that the business can reasonably justify. Find out why Cisco Systems' 65.2% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model here uses projected cash flow to estimate what Cisco Systems might be worth today based on its own cash generation. Cisco’s latest twelve month free cash flow sits at about $12.0b, and the model assumes those cash flows keep growing rather than shrinking over time. On that basis, the DCF points to an estimated intrinsic value of about $98 per share. Against the current share price, that intrinsic value implies Cisco is roughly 14.5% above what the DCF supports, so the stock screens as overvalued on this method. Cisco’s AI related orders and raised AI revenue guidance help explain why investors are willing to pay a premium, even though the cash flow model comes out lower than the market price. Overall, Cisco Systems stock currently looks overvalued relative to its discounted cash flow estimate. Our Discounted Cash Flow (DCF) analysis suggests Cisco Systems may be overvalued by 14.5%. Discover 42 high quality undervalued stocks or create your own screener to find better value opportunities. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Cisco Systems. P...

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the it services & other tech stocks, including Cisco (NASDAQ:CSCO) and its peers. The IT and tech services subsector is poised for growth as businesses accelerate cloud adoption, AI-driven network automation, and edge computing deployments. While these seem like big, nebulous trends, they require very real products like switches and firewalls as well as implementation services. On the other hand, challenges on the horizon include intensifying competition from cloud-native networking providers, regulatory scrutiny over data privacy and cybersecurity, and potential supply chain constraints for networking hardware. While AI and automation will enhance network efficiency and security, they also introduce risks related to algorithmic bias, compliance complexity, and increased energy consumption. The 20 it services & other tech stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 6.8% while next quarter’s revenue guidance was 5.6% above. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded in 1984 by a husband and wife team who wanted computers at Stanford to talk to computers at UC Berkeley, Cisco (NASDAQ:CSCO) designs and sells networking equipment, security solutions, and collaboration tools that help businesses connect their systems and secure their digital operations. Cisco reported revenues of $15.84 billion, up 12% year on year. This print exceeded analysts’ expectations by 1.9%. Overall, it was a very strong quarter for the company with an impressive beat of analysts’ EPS guidance for next quarter estimates and revenue guidance for next quarter exceeding analysts’ expectations. Interestingly, the stock is up 17.4% since reporting and currently trades at $119.58. Is now the time to buy Cisco? Access our full analysis of the earnings results here, it’s free. Pivoting from its origins in cryptocurrency mining to become a key player in the AI infrastructure boom, Applied Digital (NASDAQ:APLD) designs and operates specialized data centers that provide high-performance computing infrastructure for artificial intelligence and blockchain applications. Applied Digital reported revenues of $126.6 million, up 139% year on year, outperforming analysts’ ex...

TECHnalysis Research President Bob O'Donnell joins Josh Lipton on Market Domination to break down Micron's (MU) strong earnings beat and what it could mean for a broader tech rally rebound.

The Nasdaq Composite and S&P 500 Index were down in late-morning trading Tuesday, while the Dow Jone

A month has gone by since the last earnings report for Cisco Systems (CSCO). Shares have added about 5.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Cisco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. Cisco Systems reported third-quarter fiscal 2026 non-GAAP earnings of $1.06 per share, beating the Zacks Consensus Estimate by 1.92%. The figure increased 10% year over year. Revenues of $15.841 billion topped the consensus mark by 1.71% and grew 12% year over year. Annualized recurring revenues were $31.2 billion at the end of the reported quarter, up 2%, underscoring the continued buildout of subscription and maintenance streams.Total subscription revenues were $7.83 billion and represented 51% of Cisco’s total revenues. Total software revenue increased 36.9% year over year to $5.6 billion. Networking revenues were $8.82 million, up 25% year over year, highlighting accelerating demand for the company’s switching and routing portfolio.That strength aligned with management’s view that customers are modernizing networks to handle AI-driven traffic growth and campus refresh cycles. Cisco pointed to record campus networking orders growing more than 25% year over year and data center switching orders up more than 40%, supported by strong uptake in wireless and campus switching. Cisco’s hyperscaler AI infrastructure business remained a major engine of demand. AI infrastructure orders taken from hyperscalers were $1.9 billion in the quarter, helping lift the year-to-date total to $5.3 billion.Reflecting that momentum, Cisco raised expected hyperscaler AI orders to approximately $9 billion for fiscal 2026 and lifted expected AI infrastructure revenue from hyperscalers to about $4 billion. Cisco also highlighted a balanced mix between Silicon One-based networking systems and optics, alongside multiple hyperscaler design wins during the quarter. Security revenues were $2 billion, essentially flat year over year, as gains in newer offerings continued to be weighed down by declines in prior-generation products.Management noted progress in refreshed security products and highlighted that over...

Ciena Corporation CIEN stock has declined approximately 13% since its second-quarter fiscal 2026 results were reported on June 4, 2026. Shares of the company have declined 19.7% in the past month, underperforming the Zacks Computer & Technology sector and the Zacks Communication - Components industry, which decreased 0.2% and 14.9%, respectively. The S&P 500 composite is down 0.6% over the same time frame. The company’s shares have surged 38.4% in the past three months. CIEN has outperformed its peers, Corning Incorporated GLW and Arista Networks, Inc. ANET but underperformed Cisco Systems, Inc. CSCO. GLW and ANET have climbed 37.9% and 12%, respectively, while CSCO has gained 60.7% in the past three months. Image Source: Zacks Investment Research Investors may wonder whether CIEN has further downside risk or if its underlying fundamentals can help stabilize the stock. Let’s examine the company’s strengths, operational challenges and growth outlook to determine the best course of action. Ciena reported fiscal second-quarter 2026 adjusted earnings of $1.64 per share, surpassing the Zacks Consensus Estimate of $1.46. The bottom line soared 290% year over year, driven by accelerating AI-led network investments. Quarterly revenues increased 39.5% from the year-ago quarter to $1.57 billion, topping the consensus estimate of $1.50 billion, supported by record sales, robust cloud demand and strong adoption of optical networking solutions. Management expects fiscal third-quarter 2026 revenues of $1.625 billion (+/-$50 million). The company also raised its fiscal 2026 revenue guidance to $6.3 billion (+/-$100 million), implying approximately 32% year-over-year growth at the midpoint. Management attributed the improved outlook to continued AI infrastructure investments and sustained demand for its optical networking solutions. Image Source: Zacks Investment Research Ciena is benefiting from AI-led demand across cloud and service providers, its technology leadership, deep customer relationships and a broad portfolio spanning systems, interconnects, software and services. The company’s revenues grew in the second quarter, its adjusted gross margin expanded and adjusted earnings per share nearly quadrupled. Management stated that a strong and growing backlog, together with its leading technology portfolio, provides strong visibility and positions the company to capture l...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. NetApp (NTAP) is back in focus after reporting quarterly results that topped analyst expectations, supported by demand for AI focused data infrastructure and cloud solutions, as well as fresh collaborations with Cisco and Splunk. See our latest analysis for NetApp. The stock has cooled in the last week, with a 1 day share price return of 6.61% down and a 7 day return of 4.16% down, following a very strong 30 day share price return of 41.56% and a 1 year total shareholder return of 60.26%, which reflects recent momentum after the latest earnings beat and new Cisco and Splunk collaborations. If NetApp’s AI and data infrastructure story has your attention, it can be useful to see what else is moving in adjacent areas through the 48 AI infrastructure stocks With NetApp trading close to both analyst targets and one intrinsic value estimate, and having rallied strongly over the past year, you have to ask yourself whether there is still mispricing here or if the market is already factoring in future growth. NetApp’s most followed narrative puts fair value at about $167.93 per share compared with a last close of $167.04. This keeps the focus firmly on whether its AI and hybrid cloud engine can justify that number. Read the complete narrative. Curious how that fair value ties together AI wins, subscription storage, and margin assumptions. The narrative leans on a carefully staged glide path for revenue, profitability, and future P/E multiples without assuming breakneck growth. Result: Fair Value of $167.93 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you still need to weigh risks such as pressure on gross margins from higher memory and component costs, as well as intensifying competition in cloud and on premises storage. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page. The DCF work and analyst fair value suggest NetApp is about 2.1% below one fair value estimate, yet its P/E of 25.6x sits slightly above the global tech average of 24.9x, and below a fair r...

Broadcom (AVGO) stock sinks further in Thursday trading despite topping estimates for fiscal second quarter earnings and revenue, while also outpacing forecasts on third quarter guidance. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma in assessing Broadcom's post-earnings stock reaction compared to other AI players.

In late May and early June 2026, ePlus announced fiscal 2026 results showing higher revenue of US$2.44 billion and net income of US$132.64 million, introduced fiscal 2027 mid-single-digit growth guidance, declared a US$0.27 quarterly dividend, and rolled out new AI-focused infrastructure and AgenticOps offerings with partners including Cisco, NVIDIA, Digital Realty, Lenovo, and Splunk. By combining its Private AI Infrastructure Managed Service and the new AgenticOps platform with leading hardware, software, and colocation providers, ePlus is positioning itself as an end-to-end partner for enterprises seeking secure, autonomous AI operations under their own control. We will now examine how ePlus’s new AgenticOps collaboration with Cisco and NVIDIA intersects with mixed earnings and updated growth guidance. Find 46 companies with promising cash flow potential yet trading below their fair value. To own ePlus, you need to believe it can convert rising demand for AI infrastructure and security into durable, higher quality earnings, while keeping costs under control. The latest results and guidance confirm revenue and profit growth, but the market’s focus remains on margin pressure and whether investments in AI capabilities will offset rising operating expenses, which, for now, keeps profitability trends as the key near term catalyst and risk. The new AgenticOps platform launched with Cisco and NVIDIA is especially relevant here, because it directly targets complex, higher value AI and security operations where ePlus aims to deepen recurring services and managed offerings. If AgenticOps and the Private AI Infrastructure Managed Service gain traction together, they could help shift the mix toward more predictable, services led revenue that supports the company’s transition away from lumpier, project based sales. Yet, despite these AI offerings, investors should be aware that customer spending in a few concentrated sectors could still... Read the full narrative on ePlus (it's free!) ePlus’ narrative projects $2.8 billion revenue and $136.4 million earnings by 2029. Uncover how ePlus' forecasts yield a $111.00 fair value, a 37% upside to its current price. Two fair value estimates from the Simply Wall St Community span about US$66.64 to US$111, showing very different expectations for ePlus. Against this backdrop, the key question for you is whether its push into AI m...