Cisco Sees Strong Fiscal 2027 Outlook on AI-Driven Networking Demand

Cisco Systems has forecasted strong fiscal 2027 earnings and revenue above Wall Street estimates. The networking equipment maker expects adjusted earnings of $5.05 to $5.11 per share and revenue of $72.2 billion to $73.4 billion, both comfortably ahead of analysts' estimates of $4.28 and $62.91 billion, respectively.

The stronger outlook follows a solid fourth quarter in which adjusted earnings came in at $1.22 per share, beating estimates of $1.17. Revenue rose 18% from a year earlier to $17.3 billion, topping the $16.82 billion consensus.

Cisco's core networking business is being driven by robust demand from hyperscale customers and AI infrastructure sales. The company booked $4 billion of AI infrastructure orders in the fourth quarter, taking total orders for fiscal 2026 to $9.3 billion.