Cisco Stock Trades Above $110 as AI Infrastructure Demand Drives Growth

Cisco Systems stock has been showing resilience in late August 2026, trading in the low-$110s after delivering fiscal Q4 2026 earnings that beat expectations and higher FY 2027 earnings guidance.

The company reported $1.22 per share in earnings, exceeding the $1.17 consensus estimate for the period, representing an outperformance of roughly 4.3% versus expectations.

Cisco's mix of networking and security offerings is converting AI infrastructure demand into bottom-line growth, with record fourth-quarter revenue of $17.3 billion reported on August 12, 2026, up 18% year over year.

The company has set FY 2027 guidance at $5.05 to $5.11 in EPS, and analysts collectively see room for further upside if the company meets its growth and margin objectives.