Updated Nov. 13, 2025 — 23:31 UTC
Cisco stock today: Shares of Cisco Systems (NASDAQ: CSCO) traded around $77.38, up ~4.7% intraday, with a session range of $76.69–$79.58 as of 23:31 UTC. Earlier, the stock also surged in European trading after the company raised its full‑year outlook. [1]
What’s moving Cisco stock today
Cisco’s rally follows strong fiscal Q1 (October‑quarter) results and a higher full‑year outlook tied to accelerating demand for AI networking hardware and campus upgrades. Management highlighted $1.3 billion in AI infrastructure orders from hyperscalers in Q1 and projected FY26 revenue of $60.2–$61.0 billion with non‑GAAP EPS of $4.08–$4.14. European shares jumped early Thursday after the guidance boost, and U.S. shares remained higher through the session. [2]
By the numbers (fiscal Q1 FY26)
- Revenue:$14.9B, +8% YoY (Product +10%, Services +2%).
- EPS:GAAP $0.72; non‑GAAP $1.00 (non‑GAAP +10% YoY).
- AI orders (hyperscalers):$1.3B in the quarter; management reiterated a ~$3B AI‑infrastructure revenue goal for FY26.
- Capital returns:$3.6B returned (approx. $2.0B buybacks; $0.41 dividend declared).
- Q2 (Jan‑quarter) outlook:Revenue $15.0–$15.2B, non‑GAAP EPS $1.01–$1.03.
- FY26 outlook:Revenue $60.2–$61.0B, non‑GAAP EPS $4.08–$4.14. [3]
Why it matters
Cisco is benefiting from a multi‑year AI and campus‑refresh cycle, spanning high‑performance routing/switching (including its Silicon One chips), Wi‑Fi 7 gear, and optics. Executives described broad‑based momentum across enterprise routing, campus switching and wireless, as customers re‑architect networks for AI workloads. That narrative underpins today’s stock move and the raised outlook. [4]
Analyst reaction on Nov. 13, 2025
After the results and outlook:
- Bank of Americaraised its CSCO price target to $95 and reiterated Buy, citing stronger AI networking orders and enterprise upgrade demand.
- UBSlifted its target to $90 and kept Buy, reinforcing the view that Cisco is in a multi‑year growth cycle around AI infrastructure. [5]
Broader financial press also framed Thursday’s move as a continuation of 2025 strength, with some noting the stock is approaching 25‑year highs on AI‑networking demand. [6]
What to watch next
- AI order cadence & delivery — Investors will track how quickly large AI orders convert to recognized revenue through FY26, including mix between Silicon One systems and optics. [7]
- Campus‑refresh follow‑through — Management cited a “multi‑billion‑dollar” campus refresh cycle; sustained double‑digit product orders would support the outlook. [8]
- Security & Splunk mix — Cisco flagged a shift toward cloud subscriptions for Splunk that can alter near‑term revenue timing; trends here will shape margin and growth trajectories. [9]
- Macro and capex signals from hyperscalers — Ongoing AI data‑center spending plans at the major platforms remain a tailwind for high‑end networking. [10]
Quick take
Cisco’s beat‑and‑raise quarter, coupled with visible AI‑related demand and a healthier campus cycle, is the catalyst behind today’s advance. With multiple Wall Street firms boosting targets and the stock hovering near long‑term highs, execution against the $60B+ FY26 revenue plan and sustained AI orders are the key proof points into the January quarter. [11]
Source docs and further reading for Nov. 13, 2025
- Cisco press release & guidance details (FY26 revenue/EPS ranges; Q2 outlook; dividend/buybacks). [12]
- Reuters market wrap on today’s move (shares rising in Europe; AI demand; updated outlook). [13]
- Deep‑dive on AI networking and product mix (Silicon One, campus upgrades, Splunk cloud mix). [14]
- Real‑time price snapshot (as of 23:31 UTC).
Note: Market prices are dynamic and may change after publication; all figures current at the time noted above. This article is for information only and not investment advice.
References
1. www.reuters.com, 2. newsroom.cisco.com, 3. newsroom.cisco.com, 4. www.networkworld.com, 5. finance.yahoo.com, 6. www.barrons.com, 7. www.networkworld.com, 8. newsroom.cisco.com, 9. www.networkworld.com, 10. www.reuters.com, 11. newsroom.cisco.com, 12. newsroom.cisco.com, 13. www.reuters.com, 14. www.networkworld.com