NASDAQ:CSCO 20 November 2025 - 11 December 2025

Meta description:Cisco has surged to fresh record highs on AI‑driven demand, new Saudi and Iraq network deals, and raised 2026 guidance. Here’s how the latest news and forecasts shape the stock’s outlook.

Cisco Systems, Inc. has just done something it failed to pull off for 25 years: the stock finally pushed past its dot‑com‑era peak and closed at a record high. Fuelled by a powerful narrative around artificial intelligence infrastructure, fresh earnings beats and higher guidance, CSCO is now trading around the psychologically important $80 level and sitting at the center of the “AI plumbing” story. Benzinga+1

Cisco Systems, Inc. heads into the final weeks of 2025 trading just under the $80 mark after a powerful year-long rally driven by AI infrastructure demand, a major portfolio refresh and the ongoing integration of Splunk. At the same time, fresh research notes and trading signals released on December 10, 2025 present a more nuanced picture: Wall Street remains broadly bullish, some quant and options data point to further upside, while at least one prominent technical analyst is openly short the stock.

As of 7 December 2025, Cisco Systems’ stock is back near its historical highs and sitting squarely in the middle of the market’s AI infrastructure story. Strong fiscal 2026 guidance, an expanding AI order book, and deeper integration of the $28 billion Splunk acquisition have turned CSCO into one of the more closely watched “old-guard” tech names again. Cisco Investor Relations+2Cisco Investor Relations+2

Cisco Systems, Inc. is trading at $77.97 as of the latest session, putting the stock just below its all‑time closing high of $78.39 set on November 19, 2025. Macrotrends

Cisco Systems is ending November 2025 in a very different place than it started the year: trading near 52‑week highs, leaning hard into artificial intelligence infrastructure, and drawing fresh attention from Wall Street and big institutional investors.

Cisco Systems, Inc. heads into the final stretch of 2025 as one of the quiet outperformers of the AI trade. After Friday’s close, the networking giant’s stock sits just below its 52‑week high, supported by a wave of institutional buying, upbeat AI‑driven guidance, and a high‑profile telecom win in Iraq that could reshape how investors view its long‑term growth story. MarketBeat+1