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Cisco Stock Rallies 2.86% After Fifth Consecutive Earnings Beat

Guavy AI Editorial Team Published October 2, 2026

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CSCO

Cisco Systems, Inc.'s stock surged 2.86% on the day after the company reported its fifth consecutive earnings beat for fiscal Q4 2026.

The revenue growth was driven by a 17.6% year-over-year increase in revenue and strong AI infrastructure orders totaling approximately $4 billion.

Cisco projects AI infrastructure revenue to reach about $7.5 billion by fiscal 2027 and has secured three new hyperscaler design wins.

The Wire

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