Cisco (CSCO) Unlikely to Pursue Axonius Acquisition, Says TD Cowen Analyst

Core Viewpoint - Cisco Systems, Inc. (NASDAQ:CSCO) is recognized as one of the best stocks to buy in the DOW for 2026, reflecting positive market sentiment and growth potential [1]. Financial Performance - Cisco's stock increased by over 28% in 2025, indicating strong market performance. Early indicators from fiscal 2026 suggest continued momentum, with first-quarter revenue rising by 8% year-over-year [3]. - Net income for Cisco rose by 5% compared to the previous year, highlighting the company's financial stability [4]. Business Strategy and Market Position - Cisco's infrastructure orders reached $1.3 billion, showing a significant acceleration in growth, particularly driven by increased spending in AI by major tech companies [3]. - The company integrates networking, security, collaboration, applications, and cloud products into a cohesive portfolio, positioning itself as a key player in the technology sector [4]. Acquisition Insights - TD Cowen analyst Shaul Eyal indicated that Cisco is unlikely to pursue the acquisition of Axonius in the near term, suggesting a focus on internal growth rather than external acquisitions [2].