Cisco Poised to Report Strong AI-Driven Earnings

Cisco Systems Inc (NASDAQ:CSCO) is set to report quarterly results after market close on August 12, and analysts are expecting a strong showing.

UBS forecasts that Cisco will deliver revenue and earnings above consensus estimates, supported by accelerating demand for AI infrastructure and resilient campus networking spending.

The brokerage notes that industry checks and commentary from hyperscale cloud providers indicate that demand for AI infrastructure strengthened over the past three months, supporting upside to both networking revenue and product orders in the July quarter.

UBS expects networking revenue to exceed its forecast of $9.6 billion, representing 26% year-over-year growth, while product orders could also outperform expectations following strong demand for AI-related systems and optical products.