Cisco's shares surged about 17% following its fiscal Q3 report, driven by a raised AI infrastructure order target from $5 billion to $9 billion and revenue guidance increase to nearly $63 billion. The company reported record Q3 revenue of $15.84 billion and a fourth consecutive EPS beat, signaling strong demand for its AI-related products. Cisco's move challenges competitors like Arista and validates sector growth, while the company plans job cuts to focus on AI and security technologies. Investors will watch if the stock maintains gains and how peers respond in upcoming earnings.
Retail investors showed strong interest in five key stocks—Cisco Systems, Micron Technology, Nvidia, Microsoft, and Nebius Group—driven by AI infrastructure momentum, earnings beats, and geopolitical developments. Cisco reported record revenue and ra...
Strong earnings and optimistic guidance from companies involved in AI infrastructure, semiconductors, and data centers propelled major stock indices to new record highs. Key players like Cisco Systems, Nvidia, Applied Materials, and Broadcom led this...
Cisco Systems' stock surged 25.36% in one week following a strong Q3 FY26 report showing record revenue and robust AI infrastructure orders raised to $9 billion for FY26. Despite the rally, 24/7 Wall St. sets a 12-month price target slightly below cu...
Cisco is seeing strong investor optimism ahead of its May 13 earnings, driven by solid fundamentals like a 21% rise in networking revenue and $2.1 billion in AI infrastructure orders. However, some caution that the stock may have priced in too much g...
HSBC upgraded Cisco Systems from Hold to Buy and raised its price target to $137, citing accelerating AI infrastructure orders and a fiscal 2027 AI revenue forecast of at least $6 billion. This reflects a shift in Wall Street's view of Cisco from a l...
