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Cisco Hits 52-Week High: Can AI Focus Further Drive the Stock?
ZACKS· 2025-06-25 16:31
Key Takeaways Cisco Systems (CSCO) hit a 52-week high of $67.49 on Wednesday. The stock has rallied 14.7% year over year, indicating strong investor confidence in the company's rising prospects. Cisco's rally has been supported by solid earnings results, strong gross and operating margin expansion and an upbeat outlook for the coming quarter. This momentum also reflects the company's aggressive push into AI, a consistent rollout of innovative products and overall operational strength. Juniper is unique in i ...
Cisco's Strong Portfolio Aids Product Revenues: A Sign of More Upside?
ZACKS· 2025-06-16 17:16
Key Takeaways CSCO's Q3 product revenues rose 15% to $10.37B, led by strong gains in Security and Observability segments. Product ARR climbed 8% as CSCO shifted toward software-based offerings and recurring revenue streams. CSCO secured over $1B in AI infrastructure orders, aided by its NVIDIA partnership and AI Canvas launch.Cisco Systems (CSCO) is expanding its lead in network security and intelligent infrastructure through an innovative portfolio. In the third quarter of fiscal 2025, the company report ...