Summary: Cisco Systems (NASDAQ: CSCO) finished Friday, November 14, 2025 at $78.00, up ~0.8% on the day, with shares holding near their post‑earnings highs as Wall Street continued to lift price targets and the company confirmed CFO Mark Patterson will speak at next week’s Wells Fargo TMT Summit (no new financials expected). After-hours trading ticked slightly lower around 4:30 p.m. ET. 1
Key takeaways (Nov. 14, 2025)
- Close:$78.00 (+0.80% day-over-day).
Intraday range:$75.84–$78.66. Volume: ~37.5M shares. 52-week range:$52.11–$79.50 (the high was set yesterday). 1 - After-hours (approx. 4:30 p.m. ET):$77.88, about ‑0.15% vs. the close. 2
- Context: This week’s earnings beat and raised FY outlook—powered by AI networking orders—remain the main driver. Cisco now sees FY26 revenue at $60.2B–$61.0B and adjusted EPS at $4.08–$4.14; AI infrastructure orders hit $1.3B in Q1 with ~$3B AI revenue targeted for FY26. 3
What moved CSCO today
1) Company update for investors
Cisco said it will participate in the Wells Fargo 9th Annual TMT Summit on Tuesday, Nov. 18; EVP & CFO Mark Patterson will appear in a 9:30–10:05 a.m. PT fireside chat. The company stated no new financial information will be discussed. A webcast will be available via Cisco IR. 4
2) More price‑target action
Friday brought additional analyst chatter and target hikes following Wednesday’s results:
- Argus raised its CSCO target to $100. 5
- HSBC lifted its target to $74. 6
- CICC Research moved to $84 and reiterated Outperform. 7
These add to Thursday’s wave (JPMorgan to $90; others including Melius, UBS, Morgan Stanley, and BofA also increased targets), reinforcing the post‑earnings momentum around AI networking demand. 8
3) Earnings strength still in the foreground
Since late Wednesday, coverage has emphasized Cisco’s AI‑led beat, improved guidance, dividend continuity ($0.41 quarterly), and strong shareholder returns. 9
- Raised outlook / AI orders: Cisco lifted its year view and highlighted $1.3B Q1 AI infrastructure orders plus a path to ~$3B AI revenue in FY26. 3
- Media recap: Major outlets continued to flag the AI backlog and the stock’s approach toward dot‑com‑era peaks. 10
By the numbers: CSCO’s trading day
- Close: $78.00 (+0.80%).
- Open / High / Low: $76.58 / $78.66 / $75.84.
- Volume: ~37,450,000 shares.
- 52-week:$52.11–$79.50 (yesterday’s intraday high).
Data source: Investing.com historical table and live summary. 1
After-hours snapshot (approx. 4:30 p.m. ET):$77.88, slightly below the close as liquidity thins. 2
Why this matters for next week
- Investor visibility: CFO Mark Patterson at Wells Fargo TMT (Nov. 18) may field questions on AI order cadence, lead times, and campus refresh trends—key topics for the next leg of the story—even though no new financials are scheduled. 4
- AI networking wave: Cisco’s outlook implies AI‑related networking demand from hyperscalers could remain a multi‑quarter tailwind, a point underscored by this week’s coverage and target hikes. 3
- Technical context: With CSCO hovering near long‑term highs, some coverage notes the record closing level to beat is $80.06 (March 27, 2000)—a marker traders may watch if momentum continues. 11
Bottom line
Cisco closed Friday at $78.00 and held most of its post‑earnings gains. The day’s incremental drivers—more bullish targets and a conference appearance—kept attention on the same catalyst: AI‑driven demand for high‑performance networking. Unless macro or competitive dynamics shift, investors will look to next week’s Wells Fargo TMT remarks for color on AI order flow, backlog conversion, and any update on campus refresh and security momentum. 4
Methodology & sources
Prices and trading stats reflect the official Nov. 14, 2025 close and published after‑hours snapshots. News and guidance details come from same‑day or prior‑48‑hour reports cited below.
- Closing price, intraday range, volume, 52‑week range: Investing.com historical & live pages. 1
- After‑hours quote (around 4:30 p.m. ET): Public.com. 2
- Company event update (Wells Fargo TMT Summit; CFO Mark Patterson; no new financials): Cisco Investor Relations press release. 4
- Earnings beat, raised outlook, AI orders/revenue outlook: Reuters; supporting coverage: MarketWatch; outlook headline context: WSJ. 3
- Analyst targets (today and yesterday): MarketBeat (Argus, HSBC, CICC); JPMorgan and others via The Fly/TipRanks, Investing.com/Benzinga recaps. 5
Note: This article is for informational purposes only and is not investment advice.
