Core Viewpoint - Cisco Systems Inc is expected to report strong first-quarter financial results, driven by AI-related product launches and sustained demand from enterprise and sovereign customers [1][4][5]. Earnings Estimates - Analysts anticipate Cisco will report first-quarter revenue of $14.77 billion, an increase from $13.84 billion in the same quarter last year [1]. - The expected earnings per share (EPS) for the first quarter is 98 cents, up from 91 cents per share in the previous year [2]. - Cisco's guidance indicates first-quarter revenue between $14.65 billion and $14.85 billion, with EPS expected between 97 cents and 99 cents [3]. Analyst Insights - UBS analyst David Vogt upgraded Cisco's stock from Neutral to Buy, raising the price target from $74 to $88, citing a multi-year growth cycle driven by AI infrastructure demand [4]. - Cisco has secured over $2 billion in AI-related orders for the fiscal year, with strong demand from enterprise and sovereign customers [4][5]. Product Innovations - Cisco recently launched AI-related innovations, including the Unified Edge platform and the Cisco 8223 fixed Ethernet router, aimed at enhancing cybersecurity and meeting AI workload demands [6]. - The new products are expected to strengthen Cisco's competitive position in the networking sector, particularly against Broadcom [6]. Recent Performance - In the fourth quarter, Cisco achieved a double beat, with revenue and EPS both exceeding analyst estimates, and overall revenue up 8% year-over-year [7]. - The company reported that AI infrastructure orders for fiscal 2025 were more than double the original target set [7]. Future Guidance - Cisco has provided full-year fiscal 2026 revenue guidance of $59 billion to $60 billion and EPS guidance of $4.00 to $4.06, which will be closely monitored by analysts and investors [8]. Stock Performance - Cisco's stock is currently down 0.9% to $71.46, with a year-to-date increase of 20.9% in 2025 [9].