Key Takeaways ANET introduces VESPA to build large, reliable cloud-managed Wi-Fi networks with seamless campus roaming.VESPA supports over 500,000 devices and 30,000 access points using VXLAN and EVPN for massive mobility scale.ANET also upgrades AVA, using an LLM for deeper network insights, faster troubleshooting, and issue deduction.Arista Networks, Inc. (ANET) recently announced the introduction of a new technology that will help enterprises build large, reliable, cloud-managed Wi-Fi networks in univers ...

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].