Cisco Gains on Strong Results. Is It the “Safer” AI Play?
Cisco stood out as a stalwart on an ugly day for tech stocks, after announcing stellar earnings, with the stock rising 4%.
For its first quarter of fiscal year 2026, Cisco reported earnings that exceeded both its own guidance as well as Wall Street estimates. Revenue grew 8% from last year’s comparable quarter to $14.9 billion, with earnings per share of $0.72, up 6% year/year. Non-GAAP net income for the quarter was an impressive $4 billion. The company also raised its full-year guidance to $60-$61 billion in revenue from the prior $59-$60 billion.
Most importantly, Cisco demonstrated broad growth across several market segments ranging from campus networking to AI and hyperscaler infrastructure.
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Futuriom
Founded in 2017, Futuriom is a boutique technology research firm analyzing AI infrastructure and services; cloud infrastructure and services; and cybersecurity. Futuriom has a track record of identifying key shifts in the cloud
technology markets, such as cloud networking, cybersecurity, and infrastructure.
We also track hundreds of startups in the cloud infrastructure market.
Data-Driven Research: During the course of the year, we survey and interview
thousands of enterprises, cloud operators, and service providers about technology
needs and challenges. We also track key financial data and trends in the industry.
