Cisco’s Q1 Earnings Preview: AI Infrastructure Demand Fuels Optimism
Networking giant Cisco (CSCO) is poised to report its Fiscal Q1 2026 earnings after Wednesday's market close, with Wall Street anticipating an 8% EPS growth to $0.98 and 7% revenue increase to $14.78 billion. The stock's 20% YTD rally reflects mounting enthusiasm around AI infrastructure spending and cybersecurity tailwinds from the Splunk acquisition.
UBS analyst David Vogt's upgrade to Buy highlights Cisco's positioning in the AI-driven upgrade cycle, citing $2 billion in AI orders for Fiscal 2025. Enterprise demand for AI-enabled networking gear has surged tenfold quarter-over-quarter, approaching $1 billion as organizations accelerate campus network modernization.