Cisco Earnings Watch: Can AI Demand Drive a Breakout?

Cisco Systems Inc. (NASDAQ:CSCO) shares are gaining traction ahead of its fourth-quarter earnings report, with investors positioning for a potentially strong performance.

The networking giant is expected to report adjusted earnings per share of $1.17 on revenue of roughly $16.82 billion, surpassing the record $15.84 billion posted in the third quarter.

Cisco's substantial year-to-date rally has positioned forward-looking guidance and management commentary on artificial intelligence networking demand as key catalysts for a potential upside breakout.