Cisco Systems stock gains 3.16% as AI orders lift results

Published on 10/04/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cisco Systems stock posted USD 17.25 billion in fiscal Q4 2026 revenue, up 17.6 percent year over year. Fiscal 2027 revenue guidance is USD 72.2-73.4 billion.

Comic-Illustration eines Technikers beim Verkabeln eines Serverracks, Symbolbild für Cisco Systems Inc — Farbenfrohe Pop-Art-Comic-Szene eines Netzwerktechnikers steht kreativ für Cisco Systems Inc., ISIN US17275R1023, im Portfolio, Illustration mit AI erstellt.

Cisco Systems stock (ISIN US17275R1023) was last at USD 112.20 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up 3.16 percent from the previous close. The move followed a results backdrop in which AI infrastructure demand and networking orders became the central growth signal.

AI demand lifts fiscal results

According to Yahoo Finance on August 12, 2026, Cisco reported record fiscal Q4 2026 revenue of USD 17.3 billion, up 18 percent year over year, while non-GAAP earnings per share rose 23 percent. Total product orders increased 35 percent in the quarter, with hyperscale orders growing at a triple-digit rate.

The latest standardized financial data show fiscal Q4 revenue of USD 17.252 billion and diluted GAAP EPS of USD 0.97 for the period ended July 25, 2026. The adjusted figures cited in the earnings call are different measures, so the GAAP and non-GAAP values should not be compared directly.

Guidance points to faster growth

For fiscal 2027, Cisco guided revenue to USD 72.2 billion to USD 73.4 billion and non-GAAP EPS to USD 5.05-5.11, according to Yahoo Finance. The company also projected fiscal 2027 hyperscale AI infrastructure revenue of USD 7.5 billion, compared with USD 4.0 billion of hyperscale AI infrastructure revenue in fiscal 2026.

The growth opportunity carries a margin tradeoff. Non-GAAP gross margin was 66.3 percent in fiscal Q4, down 210 basis points year over year, while non-GAAP operating margin reached 35.9 percent. Higher hardware mix and memory costs were identified as pressure points in the quarter.

Consensus target stays above price

MarketBeat reported on October 2, 2026, that 26 analysts covered Cisco with a Moderate Buy consensus and an average price target of USD 128.52. That target lies 14.6 percent above the USD 112.20 reference price, while the stock's 52-week range runs from USD 66.81 to USD 130.37.

Cisco's next quarterly results call is scheduled for November 12, 2026, according to Yahoo Finance. That report will test whether the fiscal 2027 revenue range can convert strong orders into sustained sales growth.

Stock remains below yearly high

Cisco Systems stock was last at USD 112.20 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. Its market capitalization was USD 442.2 billion and trading volume was 16,422,153 shares for that session.