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CSCO

CSCO Research brief

Cisco

Adjusted close as of 2026-10-30
$104.51(−3.76%)

Sagehood’s view on CSCO

Cisco · Research 2026-10-30 · Accepted

Research score

46Neutral50 is balancedScore change −5 since 2026-10-29, from 51 to 46; view unchanged at Neutral. Compare the two recordsConfidence 55 · It is not a calibrated probability of investment success.Confidence across the 100 names in this research run: 45 to 70, median 55.
How to read this score

Dated research brief

WhyCSCO looks neutral because the $50.1 base value sits 52% below the $104.51 close despite a 24.3% operating margin above the sector median. The unresolved risk is that the 11.8% growth marks a durable reacceleration.
What argues against this viewThe strongest case against the neutral view is the 24.3% operating margin, which sits above the 23.2% sector median. If that margin and the 11.8% revenue growth mark a durable reacceleration, the grid's 4.9% base growth row understates the business.
Break conditionFrom the valuation specialist: A later reading showing revenue growth above the 19.8% grid row would break the bearish case.Tests that specialist’s reading, not this page’s whole Neutral view.

Sagehood does not check this condition automatically. See research limitations below.

Valuation range

Close vs. model fair value · discounted cash flow

Bear
$26.20
Base
$50.10
Bull
$90.10

Base case −52% vs. the 2026-10-30 close, on fundamentals to 2026-07-25. Peer-implied median $105.15 from 3 peer-median multiples. Those medians include figures from another company that are withheld on its own page; see “Valuation & peers”. Estimates from this research’s valuation model, not a price target.

The market price implies more growth or higher margins than this model assumes, so its base case sits far below the close. The valuation specialist weighs that gap; it is not a forecast that the price will fall.

Against peers

Information Technology
MultipleCSCOGroup medianPercentile
P/E (TTM)31.38×31.44×50th
P/S6.59×7.08×48th
P/B8.30×8.35×48th
FCF yield3.06%2.54%63rd
Score details & research limitations9 unavailable fields
Conditions Sagehood can check on its ownNot available in this run. A written break condition is not an automated check; this run does not provide a source-linked rule Sagehood can verify on its own.

Where the break condition comes from: Sagehood research took this condition from the valuation specialist. It tests that specialist’s own reading, so it does not say everything that would change this page’s Neutral view.

How to read this research

The score expresses the published research view. 50 is balanced.

Bullish, Neutral or Bearish beside the score is the direction of that view, set by the research from the score: 65 and above is Bullish, 45 to 64 Neutral, 44 and below Bearish.

Confidence is how well the evidence supports this view, not which way it points: Sagehood research is asked to keep it no higher than its most confident specialist, and lower when the specialists disagree or much of the evidence is weak. It is not a calibrated probability of investment success.

Source verification checks the identity and origin of evidence. It does not prove that a claim is correct or that an investment will succeed.

Valuation estimates depend on their inputs and assumptions. They are not guaranteed future prices.

Retrospective research looks back at an earlier period. It is not a verified record of a decision made then using only information available then.

Unavailable is not zero. Read the adjacent reason: information may be missing, unverified or deliberately withheld.

How Sagehood works

The session this view is fixed to

Close$104.51 on 2026-10-30, as the research recorded it
Change on the day−3.76%
First eligible market session2026-11-02

Recorded score context

Specialist source coverage8 of 10 specialists have a verified source on this run. 2 do not.
Score reconciliationThe 8 specialist contributions shown add up to the weighted starting point this score was built from.
Change since the last accepted run51 on 2026-10-29 → 46 on 2026-10-30 (−5 points). This is simple arithmetic between the two published scores, not an explanation of the change.
The run this is compared withResearch of 2026-10-29

Not in this run: Run-specific score definition, Confidence band, Horizon, Why the score changed, Today's unexplained move and Blockers.

What this was built from

Filing cited in the evidenceNot recorded on this card. The newest filing on record is under Key financials, and recent filings are listed under SEC filings.
Peer set27 names in Information Technology, listed with how they were chosen under “Valuation & peers”. The valuation range shows the peer-implied median from 3 peer-median multiples.

Not in this run: Company profile date and Standing disclosure.

Not available in this run

9 fields are unavailable. Each is identified with its reason above; missing information is not zero or a negative research signal.

Price context

· adjusted close $104.51

−11.5% from 2026-06-25

Recent price-basis check: 2026-10-02 to 2026-10-30 (20 sessions). Economic comparability outside this window remains unchecked.

CSCO adjusted close
Adjusted price · USD · viewing 2026-06-25 to 2026-10-30

Selected 2026-10-30. CSCO adjusted close. Continuous series. $104.51 US dollars.

90 daily adjusted-price observations through 2026-10-30, ending at the 2026-10-30 research date. The final point is a dated final close. Shown for context, not point-in-time research evidence: the research used the prices recorded with it.

Use the arrow keys on the chart to step through observations.

Published score history

2026-07-23 to 2026-10-30 · 37 publications

Each point is a verified published score. The line breaks where the research method changed (4 methods, numbered in the order they were first used), so scores are not joined across methods. Hollow points were published after their decision window (retrospective).

Every published score and confidence
Research dateScoreViewConfidenceMethod
2026-10-3046Neutral55Method 4
2026-10-2951Neutral55Method 4
2026-10-2849Neutral55Method 4
2026-10-2750Neutral55Method 4
2026-10-2652Neutral55Method 4
2026-10-2349Neutral55Method 4
2026-10-2249Neutral60Method 4
2026-10-2145Neutral49Method 4
2026-10-1648Neutral55Method 4
2026-10-0955Neutral62Method 4
2026-10-0761Neutral66Method 4
2026-10-0254Neutral60Method 4
2026-10-0151Neutral60Method 4
2026-09-3051Neutral58Method 4
2026-09-2950Neutral55Method 4
2026-09-2849Neutral55Method 4
2026-09-2549Neutral55Method 4
2026-09-24 · retrospective49Neutral60Method 4
2026-09-2349Neutral60Method 4
2026-09-1853Neutral65Method 4
2026-09-16 · retrospective53Neutral62Method 4
2026-09-09 · retrospective52Neutral60Method 4
2026-09-0451Neutral55Method 4
2026-09-01 · retrospective48Neutral50Method 4
2026-08-31 · retrospective54Neutral49Method 3
2026-08-2854Neutral49Method 3
2026-08-26 · retrospective56Neutral61Method 3
2026-08-24 · retrospective56Neutral61Method 3
2026-08-20 · retrospective54Neutral61Method 3
2026-08-19 · retrospective55Neutral61Method 3
2026-08-1458Neutral61Method 2
2026-08-1358Neutral61Method 1
2026-08-0756Neutral63Method 1
2026-08-0658Neutral63Method 1
2026-08-0458Neutral63Method 1
2026-07-3155Neutral75Method 1
2026-07-2353Neutral53Method 1

Specialists

8 of 10 published specialist analyses are available.

Each specialist’s view is shown as the published research recorded it; supporting detail appears only when it was recorded with that same view.

2 unavailable

CSCO research

Financial specialist

Showing Financial specialist result.

Financial specialist

Evaluated for this session

Neutral

Cisco earns a 24.3% operating margin, above the 23.2% sector operating-margin median, while its 11.8% trailing-twelve-month revenue growth trails the 23.1% sector revenue-growth median.

Full analyst note

What the specialist sees

Evidence: trailing-twelve-month revenue was $63,325 million with revenue growth of 11.8% against the 23.1% sector revenue-growth median, and trailing-twelve-month operating margin was 24.3% against the 23.2% sector operating-margin median.

Why it matters now

Operating margin above the sector operating-margin median with revenue growth below the sector revenue-growth median implies profitability is holding even as top-line expansion lags peers, though the durability of that mix is unobserved.

What could change the view

Countercase: If the next filing shows revenue growth falling back toward the 23.1% sector revenue-growth median while operating margin slips below the 23.2% sector operating-margin median, the improving read would be wrong. Falsifier: A later reading showing trailing-twelve-month revenue growth below the 23.1% sector revenue-growth median would break the improving-mix claim.

Specialist score details
Specialist score
58
Evidence confidence
60
Base weight for this role
0.13
Base weight × confidence
7.80
Weight in the score (the chip's weight)
0.16
Weighted contribution
9.14
Contributions & coverage details

Specialist contributions

Each specialist’s recorded numbers, in the usual specialist order, as recorded: nothing is re-ranked or recalculated. Weights and contributions show two decimals; hover for the exact value.

Financial specialist

Neutral

Score
58
Evidence confidence
60
Weight in the score
0.16
Weighted contribution
9.14

Risk specialist

Bearish

Score
44
Evidence confidence
55
Weight in the score
0.09
Weighted contribution
3.91

Sector specialist

Bearish

Score
44
Evidence confidence
55
Weight in the score
0.11
Weighted contribution
4.89

SEC filings specialist

Neutral

Score
50
Evidence confidence
55
Weight in the score
0.03
Weighted contribution
1.67

News specialist

Neutral

Score
46
Evidence confidence
45
Weight in the score
0.10
Weighted contribution
4.60

Price-trend specialist

Bearish

Score
44
Evidence confidence
60
Weight in the score
0.24
Weighted contribution
10.67

Valuation specialist

Bearish

Score
38
Evidence confidence
55
Weight in the score
0.18
Weighted contribution
6.76

Economy specialist

Neutral

Score
49
Evidence confidence
55
Weight in the score
0.09
Weighted contribution
4.36

Published specialist analyses unavailable: Geopolitics specialist, Social-media specialist. No specialist result is inferred.

  • Geopolitics specialist: This specialist had no checked public source on this run, so no source-backed analysis is shown.
  • Social-media specialist: This specialist had no checked public source on this run, so no source-backed analysis is shown.

How this insight was formed

Each specialist view shown here is checked against the published research files. Sagehood research combined those views into the one Research Score above.

Evidence & method

Inspect the reasoning, source records and valuation behind this dated view.

Sagehood research reasoningSpecialist reasoning, selected statements and filing context
Accepted publication2026-10-30 researchNext eligible session 2026-11-02point-in-time

CSCO: Sagehood research reasoning

Accepted research score

46

Neutral50 is balanced
Lead specialist in the research decision:

Valuation specialist

Bearish

Specialist score 38Evidence confidence 55
What the specialist sees

The base case pairs 4.9% revenue growth with a 20.2% FCF margin for a $50.1 fair value, 52% below the $104.51 close, while the bull case at 14.8% growth and 24.2% margin reaches only $90.1.

Why it matters

Cisco's 3.6% three-year revenue CAGR and 20.2% trailing-twelve-month FCF margin support the grid's cash flows, but the $104.51 close sits above every cell except the top growth row.

What argues against it

The read is wrong if Cisco's 24.3% EBIT margin and 11.8% trailing-twelve-month revenue growth mark a durable reacceleration the grid's 4.9% base growth row does not capture.

This specialist’s break condition: A later reading showing revenue growth above the 19.8% grid row would break the bearish case.

How the score was formed

The specialists’ weighted starting point was 45.98. Sagehood research’s adjustment was +0.02. 51 on 2026-10-29 → 46 on 2026-10-30 (−5 points). This is simple arithmetic between the two published scores, not an explanation of the change.

Evidence Sagehood research weighed

These selected claims are evidence Sagehood research weighed, not a reconstruction of the numeric adjustment.

Claims as this research published them. Sagehood confirms each claim and its support were published together with this research. That is not an independent check, and it does not prove the claim is accurate or predict future performance.

  1. Valuation specialist

    Same statement as under “What the specialist sees” above.

  2. Financial specialist

    Trailing-twelve-month revenue was $63,325 million with revenue growth of 11.8% against the 23.1% sector revenue-growth median, and trailing-twelve-month operating margin was 24.3% against the 23.2% sector operating-margin median.

  3. Price-trend specialist

    Close $104.51 is 4.0% above 200-day average but 4.8% below 50-day average and 4.4% below EMA21; the 1-year channel slopes 79.3% annualized with trend-channel position −1.85 standard deviations, while the 90-day channel slopes −17.4% and 14-day ADX (trend strength) is 18.5.

Sagehood research decision

The investment case, main risk and break condition are the ones shown under Sagehood’s view at the top of this page.

Recorded break condition
Break condition as kept in the decision trail

A later reading showing revenue growth above the 19.8% grid row would break the bearish case.

Evidence & sourcesClaim-support availability, filing-context links and research method

CSCO: This run has no checked links from its claims to their evidence. The specialists’ writing is shown as recorded, and no missing evidence is filled in.

Research evidence at a glance

Accepted specialist evidence · no score adjustment

Key figures

Fundamentals

Trailing-twelve-month revenue was $63,325 million with revenue growth of 11.8% against the 23.1% sector revenue-growth median, and trailing-twelve-month operating margin was 24.3% against the 23.2% sector operating-margin median.

Valuation model

The base case pairs 4.9% revenue growth with a 20.2% FCF margin for a $50.1 fair value, 52% below the $104.51 close, while the bull case at 14.8% growth and 24.2% margin reaches only $90.1.

Potential upside

  • Cisco earns a 24.3% operating margin, above the 23.2% sector operating-margin median, while its 11.8% trailing-twelve-month revenue growth trails the 23.1% sector revenue-growth median.

Potential downside

  • Base fair value of $50.1 is 52% below the $104.51 close, and the bull case at $90.1 still leaves a 14% gap. Comps are neutral: peer-implied median of $105.15 is 0.6% above close. Trailing-twelve-month EBIT margin is 24.3%.

This analysis cites the peer-implied figure, whose sector median this page flags. See Valuation & peers.

Questions to watch

  • A later reading showing trailing-twelve-month revenue growth below the 23.1% sector revenue-growth median would break the improving-mix claim.

  • A later reading showing revenue growth above the 19.8% grid row would break the bearish case.

Accepted research

Research dated 2026-10-30.

How this research was made

This research is AI-generated and is not investment advice.

Research date
2026-10-30
Valuation & peersInput limits notedFair-value cells, peer multiples and the inputs behind the range

Valuation the research computed

Against the 2026-10-30 close of $104.51 (recorded)

Fundamentals reference date: 2026-07-25.

Fair value by discounted cash flow, at the cells this run nominated.

Bear
$26.20−75% vs close
Base
$50.10−52% vs close
Bull
$90.10−14% vs close

Implied by the median of 3 peer-median multiples: $105.15 (+0.6% vs close)

Peers: the 27 Liquid 100 names in Information Technology that this run priced. Companies outside the Liquid 100 are not in the set.

The 27 names

AAPL, AMD, APH, AVGO, CRM, CRWD, DELL, GEN, GLW, HPE, HPQ, INTC, KLAC, LRCX, MCHP, MRVL, MSFT, MU, NOW, NVDA, ON, ORCL, PLTR, QCOM, SMCI, SNDK, WDC.

Multiples against the peer group

Information Technology · 27 companies in the group

Sector median includes AVGO, whose per-share figure failed the share-basis check in this research.

  • Price to earnings (trailing twelve months)31.38×

    Peer median 31.44× · middle half 19.24× to 49.15× · 50th percentile of the group

  • Price to sales6.59×

    Peer median 7.08× · middle half 4.55× to 12.88× · 48th percentile of the group

  • Price to book8.30×

    Peer median 8.35× · middle half 6.41× to 15.99× · 48th percentile of the group

  • Free cash flow yield3.06%

    Peer median 2.54% · middle half 1.33% to 5.43% · 63rd percentile of the group

This run declares Enterprise value to EBITDA and computes no value for it, for this company or for its peer group.

Evidence limits: 3 valuation inputs required conservative handling: another valuation input required conservative handling; depreciation and amortization were available but not used because this version does not compute an EV/EBITDA multiple.

Includes the currently displayed specialist or comparison, not every specialist. Dates and limitations remain attached.

Sagehood research is for general information. It is not individualized investment advice or a recommendation to buy or sell any security.

Cisco (CSCO) research | Sagehood