Key Takeaways CSCO stock is up 17% YTD and nearing its 52-week high of $69.78. Cisco secured $1B in AI infrastructure orders early and expanded its NVIDIA and ServiceNow partnerships. Security demand boosts CSCO with new solutions and Splunk integration, though valuation concerns persist.Cisco Systems (CSCO) shares closed at $69.27 on Wednesday, slightly lower than the 52-week high of $69.78, which it hit on June 30. Year to date (YTD), CSCO shares have appreciated 17%, beating the Zacks Computer & Techno ...

当地时间6月18日，美国计算机网络公司Ciena宣布任命Marc D.Graff为高级副总裁兼首席财务官，该任 命自2025年8月1日起生效。作为执行领导团队的一员，他将向总裁兼首席执行官Gary B.Smith汇报工 作，并在马里兰州的Ciena公司总部工作。(智通财经) ...

Core Insights - Cisco Systems (CSCO) is expanding its AI portfolio for data centers with new solutions, including the Unified Nexus Dashboard and Cisco Intelligent Packet Flow, while leveraging its collaboration with NVIDIA to enhance its AI infrastructure capabilities [1][9][10] - Cisco has secured over $1 billion in AI infrastructure orders for fiscal 2025, indicating strong demand and growth potential [1][8] - The company's security revenues surged by 54% year-over-year in Q3, reflecting robust demand for its security solutions [3][12] AI Portfolio Expansion - The Unified Nexus Dashboard will consolidate services across various networks into a single interface, set to be released in July 2025 [2] - Cisco Intelligent Packet Flow utilizes real-time telemetry for proactive issue detection, available from June 10 [2] - New 400G BiDi optics are expected to launch in the second half of 2025, further enhancing Cisco's data center offerings [2] Financial Performance - Total product orders increased by 20% year-over-year, with networking product orders growing by double digits [3] - Cisco's guidance for fiscal 2025 anticipates revenues between $56.5 billion and $56.7 billion, an increase from previous estimates [13] - The Zacks Consensus Estimate for fiscal 2025 revenues is $56.59 billion, indicating a year-over-year growth of 5.18% [14] Stock Performance - Cisco shares have appreciated by 8.4% year-to-date, although this is below the Zacks Computer & Technology sector's return of 14.3% [4] - The stock is currently trading at a premium, with a forward price/sales ratio of 4.32, higher than the industry average [15] Strategic Collaborations - The partnership with NVIDIA aims to create AI-ready data center networks, enhancing Cisco's security and infrastructure capabilities [9][10] - Cisco's integration of its solutions with NVIDIA's technology is expected to simplify and secure AI infrastructure deployment [9][10] Security Business Growth - Cisco's security business is experiencing significant growth, with strong demand for solutions like Secure Access and Hypershield [12] - The introduction of Agentic AI across security and collaboration platforms is a key strategy for improving customer experience [11]

Key Takeaways NTGR stock rose 15% in six months and nearing their 52-week high of $31.55. Growth in NFB segment and rising recurring revenues supported momentum despite top-line softness. Strategic realignment, cost cuts and inventory reductions have improved financial flexibility for NTGR.NETGEAR Inc.’s (NTGR) share price has appreciated 15% in the past six months, outperforming the Computer Networks Industry’s growth of 6.4%. Over the same time frame, the broader Zacks Computer and Technology and the S& ...

Core Viewpoint - Cisco Systems (CSCO) shares are currently trading at a premium compared to its industry peers, with a Value Score of D indicating potential overvaluation [1][15]. Financial Performance - Cisco shares have appreciated 13.6% in the past month, underperforming the industry average of 14.3% and the Zacks Computer & Technology sector's return of 15.5% [4]. - In the third quarter of fiscal 2025, Cisco's total product orders grew 20% year over year, with networking product orders increasing in double digits [8]. - Cisco expects fiscal 2025 revenues to be between $56.5 billion and $56.7 billion, an increase from previous guidance, with non-GAAP earnings projected between $3.77 and $3.79 per share [13]. Market Position - Cisco is trading at a forward 12-month price/sales ratio of 4.3X, higher than the Zacks Computer Networks industry's 4.11X, and significantly above Extreme Networks (1.75X) and NETGEAR (1.23X) [1]. - Cisco's security revenues surged 54% year over year, while networking revenues increased by 8% [7]. Strategic Initiatives - Cisco has expanded its portfolio with AI factory architecture developed in collaboration with NVIDIA, leading to over $600 million in AI infrastructure orders in Q3 fiscal 2025 [9][10]. - The company is leveraging Agentic AI to enhance customer experience, with notable developments including the launch of the Renewals Agent and a new Assistant for Network Change Management [11]. Competitive Landscape - Cisco's security business is experiencing strong demand, adding over 370 customers in the reported quarter, bolstered by solutions like Cisco Secure Access and Hypershield [12]. - Despite the positive developments, Cisco faces challenges from a tough macroeconomic environment and stiff competition in the networking and security sectors [16].

思科业绩报告还显示，其产品订单同比增长20%;剔除Splunk贡献后，新订单仍增长9%。在第三财季， 来自网络大规模客户的AI基础设施硬件订单超过6亿美元，整体规模提前一个季度超过了思科管理层拟 定的10亿美元目标。 该公司还表示，其业绩指引展望已计入"基于当前的特朗普政府贸易政策"的相关关税政策影响。这些征 税及更广泛的经济不确定性曾拖累其他科技公司的前景。 思科CEO查克·罗宾斯在业绩电话会议上重点指出，思科尚未看到客户采购模式出现"显著变化"，并预计 尽管存在经济和关税不确定性，但AI支出仍将持续。这也显示出人工智能转型计划非常重要，特朗普关 税政策目前并未阻止客户们积极布局人工智能算力基础设施。 AI热潮之下，互联网时代的奠基者思科"焕发第二春" 随着大型科技企业以及超大规模云计算服务提供商们继续积极扩展AI算力基础设施——大部分原因是为 应对ChatGPT、Claude以及DeepSeek等人工智能应用软件带来的AI算力需求激增，身为AI算力基础设施 核心供应商的思科业绩因此获得持续提振。 在首席执行官查克·罗宾斯的领导之下，思科还在积极拓展网络安全以及远程安全管理工具等云端网络防 御业务领域，帮助 ...

NETGEAR Inc. (NTGR) has seen a significant rally in the past year, with its stock price appreciating 50.6%. The appreciation is better than the Computer Networks Industry, the broader Zacks Computer and Technology and the S&P 500 composite’s growth of 22.8%, 5.6% and 9.4%, respectivelyPrice PerformanceImage Source: Zacks Investment ResearchThe NTGR stock closed the last trading session at $22.11 and is down 30% from its 52-week high of $31.55.Investors may question whether this pullback from 52 week high pr ...