Summary (Nov. 11, 2025)
- Price: Cisco (NASDAQ: CSCO) traded around $71.71 late afternoon, down ~0.5% intraday; session range $71.10–$72.24 on ~20.8M shares. 52‑week range $52.11–$74.84. 1
- Earnings are on deck tomorrow (Nov. 12, 2025, 4:30 p.m. ET). 2
- Options activity jumped: call-option volume ran ~82,900 contracts (~47% above average). 3
- Partner news today: Cisco detailed enhancements to its 360 Partner Program (AI‑era incentives and certifications); multiple partner‑award releases hit the wire. 4
- Macro tape: U.S. stocks staged an afternoon rebound after early pressure in mega‑cap tech; context mattered for CSCO’s intraday drift. 5
Cisco stock today: price, range and volume
As of 4:30 p.m. ET (21:30 UTC), CSCO last traded near $71.71, down about 0.47% on the day. The stock opened at $71.74 and moved between $71.10 and $72.24 with ~20.8 million shares changing hands. Over the past year, CSCO has ranged between $52.11 and $74.84. 1
What moved CSCO on November 11
1) Options flow flipped bullish. Options desks flagged ~82,901 CSCO call contracts traded today, roughly 47% above average call activity—often read as a short‑term sentiment tailwind heading into an earnings event. 3
2) Partner‑program headlines kept AI in focus. A Refinitiv/Zawya release outlined updates to the Cisco 360 Partner Program, with new incentives, AI‑infrastructure specializations, and enablement tools ahead of a January 25, 2026 launch; the update emphasized helping partners monetize AI‑ready data centers and secure networking. TechAfricaNews also summarized the new program elements. 4
3) Partner awards populated today’s newswire. Among several items tied to Cisco Partner Summit coverage, Pellera Technologies announced it won Innovation Partner of the Year (Americas, USA East)—a signal of channel momentum that supports Cisco’s recurring‑revenue push. 6
4) Macro cross‑currents. Broader U.S. equities wobbled early but rebounded into the afternoon, a backdrop that tempered individual stock moves—including CSCO—on a U.S. equity market that remained open on Veterans Day. 5
Earnings tomorrow: what to watch
Cisco reports Q1 FY2026 results Wednesday, Nov. 12, at 4:30 p.m. ET (1:30 p.m. PT). A live webcast and replay will be available via Investor Relations. 2
Street setup: Third‑party trackers broadly cluster around ~$0.98 EPS on ~$14.7–$14.8B revenue, though estimates vary (some as low as $0.91 EPS, some near $0.99 EPS). Treat the spread as a reminder that model assumptions differ on AI networking uptake, Splunk contribution, and margins. 7
Focus themes for the call
- AI infrastructure orders & web‑scale demand. Cisco said in August that AI orders topped $2B in FY2025, more than double its initial target—investors will want an updated run‑rate. 8
- Security/observability cross‑sell with Splunk. Management commentary in recent quarters has tied growth to platform‑level deals; watch for ARR and attach‑rate color. (Context.) 9
- Margins and tariffs. Prior commentary flagged tariff headwinds baked into guidance; any revision here could move the stock. (Context.) 10
Valuation and trading context
- 52‑week range:$52.11–$74.84 (CSCO is ~4% below the high). 1
- Today’s tape: Range $71.10–$72.24; notable call‑side options activity ahead of earnings. 3
Bottom line
CSCO spent Veterans Day trading modestly lower, but options bulls were active and partner‑program updates kept the AI‑infrastructure narrative front and center. With earnings tomorrow after the bell, the next move likely hinges on: (1) AI order momentum versus guidance, (2) early signals on Splunk‑driven cross‑sell, and (3) any tweak to margin or tariff assumptions. Short‑term volatility into and out of the print is normal; for discovery‑driven readers, tomorrow’s call is the catalyst to watch. 3
Sources (Nov. 11, 2025 unless noted): Live price/volume and session stats, LSEG/Reuters ranges; Cisco newsroom for earnings schedule; MarketBeat for options flow; Bloomberg for market backdrop; Refinitiv/Zawya & TechAfricaNews for partner‑program updates; PR Newswire for partner award; prior‑quarter context from Reuters and Investopedia. 1
Disclosure: This article is for information only and not investment advice.
