Core Insights - Cisco is expected to report earnings with an EPS of 98 cents per share and revenue nearing $15 billion, with a focus on AI infrastructure growth, as UBS anticipates $2 billion in AI-related orders this year [1][5]. Company Performance - Cisco shares have increased over 20% in 2025, outperforming the broader tech sector, which has seen a 24.3% increase, and the S&P 500, which is up 14% [2][3][4]. - In the networking space, Cisco and Arista Networks are highlighted as standout performers, while other companies like HP Enterprise, Palo Alto Networks, and Fortinet are also noted players [4]. Earnings Expectations - Key metrics to watch in Cisco's earnings report include the strength of AI infrastructure demand reflected in network revenue and any new AI and cybersecurity products introduced [5]. - UBS upgraded Cisco's price target from $74 to $88, changing its rating from hold to buy, indicating positive sentiment from analysts [6]. Technical Analysis - Cisco's stock has risen over 8% in the past month, establishing a broad upward channel with significant support levels around 66 and 70-71 [7][8]. - The 21-day exponential moving average aligns with the trend line near 71.50, while the 63-day EMA is just below 70, indicating potential downside areas to monitor [9][10]. Options Activity - Options activity has been elevated, with approximately 255,000 total options traded, of which 73% are calls, suggesting bullish sentiment ahead of earnings [10]. - A notable trade involved a closing position on March 20th, 72.5 strike calls, indicating strategic positioning by traders [12][13].