Cisco Systems Doubles Down on AI-Powered Networking

Cisco Systems is expanding its presence in AI-powered networking and observability through recent partnerships and product announcements.

The company has introduced Splunk AI capabilities for on-premises customers, expanded observability tools, and new agent-driven security features, while also partnering with Infleqtion to connect and scale distributed quantum systems.

This push into AI-powered networking and observability is seen as a key growth driver for Cisco Systems, but one major broker has expressed concern about the durability of its growth profile and competitive position.

The company's narrative projects $83.4 billion in revenue and $20.1 billion in earnings by 2029, with analysts assuming 9.6% yearly revenue growth and an earnings increase of about $6.8 billion from $13.3 billion today.