Cisco Systems stock gains 3.16% as AI orders lift results
AD HOC NEWS
Cisco Systems stock gained 3.16% following strong fiscal Q4 2026 results, driven by surging demand for AI infrastructure and networking orders. The company reported record revenue of USD 17.25 billion for Q4 2026 and provided optimistic fiscal 2027 guidance, including projected hyperscale AI infrastructure revenue of USD 7.5 billion. Analysts maintain a "Moderate Buy" consensus with a target price well above the current stock price.
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