Dear Cisco Stock Fans, Mark Your Calendars for February 11

Core Viewpoint - Cisco's upcoming Q2 earnings report for fiscal 2026 is highly anticipated, with shares having increased by 38% over the past year due to AI trends, but historical context suggests caution regarding sustainability of this growth [1] Company Performance - Cisco currently has a market capitalization of $342.9 billion, which is significantly lower than its peak of $536.4 billion 26 years ago [2] - For Q2 2026, analysts expect Cisco to report earnings of $1.02 per share and revenue of $15.11 billion, reflecting an annual growth rate of 8.5% for earnings and 7.9% for revenue, which are improvements compared to the company's historical growth rates of 1.52% for revenue and 0.75% for earnings over the last decade [5] - The company itself anticipates revenue between $15 billion and $15.2 billion and earnings per share in the range of $1.01 to $1.03 [6] Recent Financial Highlights - In Q1, Cisco reported revenues of $14.9 billion, representing a 7.5% year-over-year increase, and earnings of $1 per share, which exceeded analyst expectations of $0.98 [7] - Remaining performance obligations (RPO), a key indicator of demand, stood at $42.9 billion, up 7% from the previous year, with product RPO increasing by 10% and service RPO by 4% [8]