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Added to YB: 2026-06-08

Pitch date: 2026-06-04

CSCO [neutral]

Cisco Systems, Inc.

-5.46%

current return

Author Info

PhotonEra has a PhD in Photonics. 10 years in the field. Joining a silicon photonics company in Silicon Valley. Writing about quantum, optics, and deep tech. Sign up for the newsletter.

Company Info

Cisco Systems, Inc. designs, develops, and sells technologies that help to power, secure, and draw insights from the internet in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China.

Market Cap

$479.4B

Pitch Price

$128.66

Price Target

N/A

Dividend

1.38%

EV/EBITDA

27.69

P/E

40.54

EV/Sales

8.16

Sector

Communications Equipment

Category

growth

Show full summary:
[Company Deep Dive] CISCO: The Undisputed Leader Dominating Coherent Communications

CSCO (overview): Vertically integrated coherent optics leader via Acacia DSPs, Silicon One ASICs & systems—rare combo vs Marvell/Ciena/Nokia. Q2 FY26 rev $15.35B record; AI orders $2.1B/qtr (8x vs FY24), 40% optics. Non-hyperscaler pipeline $2.5B+. NVIDIA Spectrum-X exclusive silicon. Risks: AI inventory correction, Marvell as neutral supplier. Structural multi-year visibility, but valuation question open.

Read full article (7 min)