Preview: Cisco Rises Ahead Of Results, Ai: driven demand in focus

Cisco Systems

12/08/2026 18:04

** Cisco CSCO.O shares rise 1.8% ahead of quarterly results after the bell, with investors watching for updates on demand for its AI networking equipment
** Seller of networking equipment expected to report quarterly rev up 15% to $16.82 bln, with adj EPS of $1.17 vs $0.99 a yr ago, per LSEG-compiled data
** Co in May raised its annual rev forecast, citing a surge in orders for its AI-powered networking gear
** Stock has jumped ~59% YTD, far outpacing the Nasdaq's .IXIC 14% rise; recently traded at 25x fwd earnings vs its five-yr avg of 15x
** Competition in AI networking space intensifying, with startup Lumilens recently valued at $5.5 bln and hiring engineers from Cisco

 (Reporting by Noel Randewich)
 ((noel.randewich@thomsonreuters.com))