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Cisco Systems Stock Reaches Near Recent Highs on AI-Driven Earnings Beat

Guavy AI Editorial Team
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CSCO
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Cisco Systems' stock has reached near recent highs, trading at $109.46 on Nasdaq as of September 2, 2026, despite a slight decline of 0.26% for the day.

The company's AI-driven earnings beat and higher guidance have contributed to this growth, with earnings per share reaching $1.22 and revenue increasing by 17.6% year-over-year in its latest reported quarter.

Cisco Systems has also updated its guidance for fiscal year 2027, projecting full-year earnings per share between $5.05 and $5.11 USD and first-quarter fiscal 2027 earnings per share between $1.32 and $1.34 USD.

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