Cisco Systems Stock Rallies on Strong AI-Driven Results

Cisco Systems Inc., (US17275R1023), is experiencing a strong rally driven by its AI infrastructure story. The company's stock price has reached $111.04, with a year-to-date return of 46.03%.

The latest fiscal 2026 results reveal double-digit growth in both revenue and earnings for Cisco. In the fourth quarter, revenue was $17.25 billion, representing a 17.6% year-over-year increase and surpassing the consensus forecast by 2.4 percentage points. Non-GAAP operating income was $6.20 billion, while non-GAAP earnings per share were $1.22, which is 4.3% above the average analyst estimate.

Cisco's full-year revenue reached $63.33 billion, up 11.8% compared to the prior fiscal year. Non-GAAP EPS of $4.30 marked a 13.6% rise, both described as record results for the company.