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Home/News Feed/Cisco shares surge 15% as options traders bet on strong earnings and AI pivot.

CSCO

$112.13

+$0.36 +0.32%

Cisco shares surge 15% as options traders bet on strong earnings and AI pivot.

Market News

11 May 2026

CNBC

View Source

Bullish

Cisco's stock has risen 15% in the past month as investors anticipate its upcoming earnings report, driven by the company's shift towards software and cloud-based AI technology. Options traders are heavily buying call contracts, signaling confidence in further price gains. Implied volatility in Cisco options has reached its highest level in over a year, reflecting heightened market expectations. This momentum mirrors trends seen in other tech stocks like Intel, suggesting strong investor interest in legacy tech firms reinventing themselves.

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