Cisco Systems Stock Trades Near Recent Highs Amid Strong Networking Revenue Growth

Cisco Systems stock continued its upward momentum on September 4, 2026, trading near recent highs at $109.63 USD on the NASDAQ.

This represents a 0.9% increase from the prior session and marks a strong start to the day for the company's shares, which have been holding near their highs despite some bearish short-term signals.

The stock's recent performance is underpinned by its strong fundamentals, including double-digit growth in revenue and non-GAAP earnings per share. In its fourth quarter of fiscal 2026, Cisco Systems reported revenue of $17.3 billion USD, up 18% year over year, and non-GAAP earnings per share of $1.22 USD.

The company's networking revenue reached $9.79 billion USD, a 28% increase from the prior year period, driven by demand for high-performance switches and routers used in cloud and artificial intelligence infrastructure.