CSCO · News · 20261103N

Revenue Performance and Mix

CISCO SYSTEMS, INC. · 2026-11-03 · Importance 46 · Surprise 30

Bank of America forecast approximately 22% year-over-year revenue growth for Cisco’s fiscal first quarter of 2027. AI orders reportedly covered about 80% of Cisco’s fiscal 2027 AI revenue target. The analyst expected increased hardware and cloud sales to pressure gross margins, partly offset by operational efficiencies.