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AI growth lifts 2027 outlook

AI growth lifts 2027 outlook

Cisco Systems (NASDAQ: CSCO) enters November 13, 2026, with a favorable Wall Street outlook after reporting record fiscal first-quarter results and raising its annual guidance. The networking equipment maker is benefiting from accelerating investment in artificial intelligence infrastructure, while its traditional enterprise networking business is also expanding.

Cisco shares closed at $102.01, up 1.24% for the session. The stock has gained approximately 32% in 2026, outperforming the broader Nasdaq, although it remains below its 52-week high of $130.37. Shares fluctuated in extended trading following the earnings announcement.

  • Wall Street maintains a bullish consensus on Cisco stock, although investment banks remain…

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