May. 14 at 9:37 PM
$CSCO "The outlook for Cisco Systems (CSCO) is highly positive, following a massive post-earnings rally on May 14, 2026. The stock surged over 13% to reach new all-time highs after the company significantly raised its full-year guidance and reported a major acceleration in AI infrastructure orders.
CSCO shares are trading near
$115.53, up more than 13.4% today, marking its strongest single-day gain in over a decade.
Revenue:
$15.84 billion, up 12% year-over-year.
Adjusted EPS:
$1.06, beating the
$1.03–
$1.04 consensus estimate.
The company raised its fiscal 2026 AI infrastructure order target to
$9 billion (up from
$5 billion) and its AI revenue expectation to
$4 billion.
Cisco announced a plan to cut approximately 4,000 jobs to pivot resources more aggressively toward AI and software-defined networking.
Revenue is projected at
$16.7–
$16.9 billion, well above the
$15.8 billion consensus.
Target hikes, including Wells Fargo to
$130, Piper Sandler to
$132, and UBS to
$132."
