Cisco signs Bell Canada AI pact. Cisco Systems stock trades 1.39 percent higher

Published on 10/09/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cisco Systems stock costs EUR 104.02 on October 9, 2026 after EUR 102.59. Fiscal 2027 AI revenue target is USD 7.5 billion.

Key points in brief

Cisco signed a memorandum of understanding with Bell Canada on sovereign AI infrastructure on October 6, 2026.
Cisco expects AI infrastructure revenue of USD 7.5 billion in fiscal 2027, up from approximately USD 4.0 billion in fiscal 2026.
Cisco Systems stock was trading at EUR 104.02 at Lang & Schwarz on October 9, 2026, plus 1.39 percent versus the prior close.
Piper Sandler cut its Cisco price target from USD 132 to USD 125 while keeping a Neutral rating on September 22, 2026.

Extreme Nahaufnahme einer Platinenoberfläche mit Chip, Symbolbild für Cisco Systems Inc — Makroaufnahme einer Leiterplatte zeigt die technologische Basis von Cisco Systems Inc., ISIN US17275R1023, Illustration mit AI erstellt.

Cisco signed a memorandum of understanding with Bell Canada on sovereign AI infrastructure on October 6, 2026, while Cisco Systems stock was trading at EUR 104.02 at Lang & Schwarz on October 9, 2026 at 4:07 p.m. CEST, up 1.39 percent versus the prior close of EUR 102.59. The agreement adds a regulated-market route to Cisco's AI infrastructure strategy, but the financial test remains the conversion of orders into recognized revenue.

Three events reshape the story

On August 12, 2026, Cisco reported fiscal fourth-quarter revenue of USD 17.25 billion, up 17.60 percent year over year, and adjusted earnings per share of USD 1.22 versus a USD 1.17 consensus estimate, according to MarketBeat.

On September 22, 2026, Piper Sandler cut its Cisco price target from USD 132 to USD 125 and kept a Neutral rating, citing lower valuation expectations, as reported by Ground News. On October 6, Cisco and Bell Canada signed the sovereign AI memorandum, according to Barchart.

What the Bell pact means for growth

Bell Canada and Cisco plan to combine data centers, networking, power and cooling with Cisco's AI infrastructure, security and observability technologies. Barchart reported that Cisco had received USD 9.30 billion of hyperscaler AI infrastructure orders in fiscal 2026 and generated approximately USD 4.00 billion of related revenue.

Cisco expects AI infrastructure revenue to reach USD 7.50 billion in fiscal 2027. That implies growth of 87.50 percent from the fiscal 2026 figure, although the source describes the earlier amount as approximately USD 4.00 billion. The Bell pact therefore broadens the potential customer base beyond hyperscalers to government agencies and regulated industries.

Valuation meets the next test

For fiscal 2027, Cisco guides to revenue of USD 72.20 billion to USD 73.40 billion and adjusted earnings per share of USD 5.05 to USD 5.11, according to Cisco's earnings-call transcript. Its fiscal fourth-quarter product orders rose 35.00 percent year over year, while networking product orders increased 40.00 percent.

On October 9, 2026, Cisco was last at USD 116.45 on Nasdaq at 10:15 a.m. EDT. The finance quote showed a USD 66.81 to USD 130.37 52-week range and a market capitalization of USD 459.0 billion. The next scheduled reference points are the USD 0.42 quarterly dividend payment on October 21, 2026, and the expected fiscal first-quarter report around November 10, 2026, as reported by Yahoo Finance.

Stock stays below its yearly high

Cisco Systems stock was trading at EUR 104.02 at Lang & Schwarz on October 9, 2026 at 4:07 p.m. CEST, plus 1.39 percent versus the Lang & Schwarz prior close of EUR 102.59. Its primary listing is Nasdaq, where the stock was last at USD 116.45 on October 9, 2026 at 10:15 a.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Cisco Systems stock.