Cisco Stock Price Dips Amid Earnings Expectations

Cisco Systems' stock price dropped by 1.7% on Tuesday, settling at $120.43 after trading as low as $120.12.

The company's average daily volume of 23.41 million shares saw a decline of 31% to approximately 16.27 million shares traded during the day.

Analysts expect Cisco to report fourth-quarter revenue of around $16.85 billion and adjusted EPS of $1.17, indicating mid-to-high-teen growth in both measures.

Cisco is implementing personalized AI agents for its 90,000 employees, investing in supporting infrastructure, and setting AI-driven revenue targets, which could improve productivity and create new revenue streams.