Cisco Systems Stock Hits $109.93 Amid Strong Demand for AI Infrastructure

Cisco Systems stock has been on an upward trajectory in August 2026, reaching $109.93 on the Nasdaq as investors respond to stronger demand for AI-focused networking and infrastructure offerings.

The company's quarterly results have underlined how AI investment is reshaping Cisco Systems' revenue mix and earnings power in fiscal 2026.

Total revenue reached $15.84 billion, up 12 percent year-over-year compared with the same quarter of fiscal 2025, while adjusted earnings per share came in at $1.06, exceeding the average analyst forecast of $1.04.

The company's AI-ready data center and networking solutions have seen significant growth, with the 25 percent year-over-year revenue increase to $8.82 billion in the networking products segment tied directly to these offerings.