Cisco Stock Climbs on Strong Earnings and AI Demand
Cisco Systems (ISIN US17275R1023) saw its stock rise 1.00 percent on October 6, 2026, reaching USD 113.95 on the Nasdaq. This move came as investors assessed the company's latest earnings report, which exceeded expectations, against its substantial market capitalization of USD 449.1 billion.
The networking giant reported fiscal fourth-quarter 2026 revenue of USD 17.25 billion, a 17.6 percent increase from the same period the previous year. Adjusted earnings per share (EPS) were USD 1.22, surpassing the consensus estimate of USD 1.17 by USD 0.05. The prior-year quarter had reported USD 0.99 per share. Revenue also beat analyst estimates by USD 0.41 billion, reaching USD 17.25 billion compared to the expected USD 16.84 billion.
Cisco's management highlighted fiscal 2026 as a record year, with full-year revenue exceeding USD 63 billion and fourth-quarter revenue up 18 percent year over year. The company attributed much of this growth to increasing demand for AI infrastructure, which drove a 24 percent increase in product revenue during the quarter.
The stock's 52-week range is USD 55.16 to USD 130.37, with the October 6, 2026, price USD 16.42 below the yearly high. Trading volume was 2,535,729 shares at the time of the quote. Cisco also declared a quarterly dividend of USD 0.42 per share, payable on October 21, 2026, with an annualized payout of USD 1.68 per share.
The next quarterly results call, covering the first quarter of fiscal 2027, is scheduled for November 12, 2026. Cisco's portfolio spans networking, security, collaboration, observability, and AI-enabled infrastructure. As of October 6, 2026, the stock was last traded at USD 113.95 on the Nasdaq.