Networking company Cisco Systems, Inc. (NASDAQ:CSCO) will report its second quarter 2015 earnings on Wednesday, August 12, after market close. There are several factors to consider heading into earnings, such as the impact of new CEO Chuck Robbins, who recently took the reins from John Chambers, one of the longest-tenured CEOs. Additionally, Cisco will likely include updates on cyber-security, its Invicta technology EoL (end of life), sales of its set-top box business to Technicolor, and insight into how it can dominate the Internet of Everything (IOE) era. Wall Street analysts have been weighing in on Cisco ahead of earnings with different insights and predictions. Here are the top 10 analysts covering Cisco to watch ahead of the earnings report:

1. Pierre Ferragu of Bernstein Research, who currently has a Buy rating on the company, weighed in on Cisco in May. Ferragu states, “The company is in a very good position to deliver under new leadership” as “this company doesn’t have structural issues.” He also considers Cisco’s scale and breadth to be “a powerful platform advantage.”

Pierre Ferragu has rated Cisco four times since 2014, earning a 75% success rate recommending the stock and a +23.7% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

2. Jess Lubert of Wells Fargo, who currently has a Buy rating on the stock, also commented on the CEO transition. In May, he stated, “We believe Mr. Robbins has the necessary sales and technology experience to successfully assume the CEO position, where he should be able to leverage Cisco’s deep executive leadership and engineering expertise. Perhaps more importantly, we believe this transition is likely happening at a time of strength for Cisco. Our recent industry checks have been positive.”

Jess Lubert has rated Cisco 10 times since 2012, with a 90% success rate and a +16.0% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

3. Amitabh Passi of UBS last rated Cisco on July 28, reiterating a Buy rating on the stock with a price target of $33, despite what he believed to be a shockingly low price for the sale of the set-up boxes. In a recent report on Cisco, Passi considers security to be Cisco’s top priority and believes that Cisco’s goal in the long run is to nab 20-30% of the $25 billion security infrastructure market.

Amitabh Passi has rated Cisco 11 times since 2012, earning a 100% success rate recommending the stock and a +16.9% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

4. Simon Leopold of Raymond James, who maintained an Outperform rating on Cisco with a price target of $33 on May 11, emphasized the potential advantages of Cisco’s purchase of Embrane in April. Leopold states, “With Embrane and its ecosystem of partners, IT managers benefit from increased agility and automation of a virtual infrastructure without the increased complexity and inflated costs.” Leopold considers Cisco to be an evolving company, noting Cisco’s gradual shift into “a software centric world.”

Simon Leopold has rated Cisco 22 times since 2009, earning a 91% success rate recommending the stock and a +15% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

5. Ittai Kidron of Oppenheimer last reiterated a Buy rating on Cisco on July 23 with a price target of $32. Kidron commented on the sale of the set-top box business, noting, “Overall, we view the sale positively. It removes a top line (1.7 points growth headwind in FY15) and gross margin (1 point headwind) drag that has weighed on results since the financial crisis. More important, we believe the sale illustrates Cisco’s new management (new CEO’s first day on the job) growing focus on its core segments, willingness to shed non-core businesses and cut further costs in response to shareholder demands. We see room for further cost cutting.”

Ittai Kidron has rated Cisco 39 times since 2010, earning a 76% success rate recommending the stock and a +13.7% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

6. James Faucette of Morgan Stanley, who currently has a Buy rating on Cisco with a price target of $30 from June 10, weighed in on the situation. Faucette noted the management’s confidence in its product roadmaps in addition to its ability to deliver “products with strong response.”

James Faucette has rated Cisco 7 times since 2014, earning an 86% success rate recommending the stock and a +13.6% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

7. Simona Jankowski of Goldman Sachs reiterated a Buy rating on June 10 with a price target of $36 (the stock is on Goldman’s “conviction buy list”). After Cisco announced an anticipated revenue growth of 3-6% annually, and profit growth of 5-7% annually, Jankowski wrote, “the event will ease investor concerns around the CEO transition and related executive departures, given the demonstration of Cisco’s strong bench, tight alignment between Mr. Chambers and Mr. Robbins, and comments that the changes are now done and behind the company.”

Simona Jankowski has rated Cisco 16 times since 2009, earning a 69% success rate recommending the stock and a +13.4% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

8. Similarly, Brian White of Cantor Fitzgerald set a price target of $36 on June 10 when he reiterated a Buy rating on the stock. White commented, “On the back of Cisco’s Investor Meeting at Cisco Live!, we walked away impressed with Chuck Robbins…encouraged by Cisco’s progress in important secular growth areas (e.g., SDN, security, cloud and software) and optimistic around the company’s transformation into a broader IT player.” White continued, “At the same time, Cisco reiterated its longterm financial targets and remained confident in maintaining a robust margin profile… Given Cisco’s consistent execution in recent quarters and concerns around software-defined networking (SDN) starting to wane, combined with an attractive valuation (i.e., 9.3x our CY:16 EPS estimate, ex-cash) and a dividend yield of 3% on the stock, we believe investors will continue to show interest in Cisco.”

Brian White has rated Cisco 19 times since 2010, earning a 67% success rate recommending the stock and a +11.3% average return per CSCO recommendation when measured over a one-year horizon and no benchmark.

9. Mark Sue of RBC Capital maintained a Buy rating with a price target of $33 on June 3. Sue noted the challenges facing Cisco: “There are a lot of things to contend with,” Sue said. “This move toward cloud has been impacting Cisco. Enterprises who used to buy from Cisco are moving away to the cloud. They need to cement leadership in the cloud.” On the bright side, Sue noted, “everything points to a larger opportunity to connect devices. Cisco needs to grab that opportunity because many competitors are addressing that market.”

Mark Sue has rated Cisco 16 times since 2010, earning a 77% success rate recommending the stock and a +10.5% average return per recommendation when measured over a one-year horizon and no benchmark.

10. Brent Bracelin of Pacific Crest upgraded to a Buy rating on May 11, setting a target price of $36. In June, Pacific Crest praised Cisco’s existing strategy, as demonstrated by its 8-10% growth for four consecutive quarters. Bracelin wrote: “[It] was clear [that] Cisco plans to flatten the organization and move at a faster pace internally, with the aim of accelerating share gains in security, cloud, and software. [Though] security, in particular, was highlighted, as an area where Cisco has the highest ambitions.”

Brent Bracelin has rated Cisco 12 times since 2010, earning a 80% success rate recommending the stock and a +8.8% average return per Cisco recommendation when measured over a one-year horizon and no benchmark.

Out of 14 analysts polled by TipRanks, 10 analysts are Bullish on Cisco Systems and 4 are neutral. The average 12-month price target for Cisco is $33.11, marking a 16.75% potential upside from where the stock last closed. On average, the all-analyst consensus for CSCO is Moderate Buy.