Cisco reported results for the first quarter of fiscal 2027 on Thursday, beating market expectations. According to Sina Finance, Barclays analyst Tim Long maintained an Equal Weight rating and a $109 price target on Friday, implying 6.9% upside; he said AI orders from hyperscalers likely fell significantly quarter over quarter in the first fiscal quarter, while noting these orders are intermittent and arrive in batches. Goldman Sachs analyst Mike Ng maintained a Neutral rating in a November 12 report and said Cisco's orders missed expectations. He said the company's raised margin outlook and better-than-expected performance showed strong operating leverage, but the rising share of revenue from hyperscalers could pressure gross margins in the second half of fiscal 2027.