Cisco Systems Inc. investors get to see if the network equipment and software company is on track with its forecast return to seasonal order growth.
Cisco Systems Inc. investors get to see if the network equipment and software company is on track with its forecast return to seasonal order growth, boosted by software sales, while it draws down inventory.
Cisco CSCO is scheduled to report its fiscal fourth-quarter earnings Wednesday after the market close. “Investor sentiment remains mixed with increased interest related to AI optimism as well as the improved 2nd derivative on orders vs. expectations for share loss and sales declines,” Leopold noted. Citi Research Atif Malik on Friday opened a “positive catalyst watch” on Cisco, while viewing the stock as a “mixed bag,” expecting the company to outperform peers Arista Networks Inc. ANET and Juniper JNPR as “strong enterprise demand likely fuels upside” to the July ending quarter results.
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