Cisco Systems expands cybersecurity portfolio with innovative solutions, signs new client agreement

From Nasdaq: 2025-01-16 12:17:00

Cisco Systems has introduced Cisco AI Defense to protect enterprises during AI transformation, addressing security risks like data leaks and misuse of AI tools. The company’s cybersecurity portfolio, including XDR and Secure Access suites, has seen strong demand.

Despite CSCO stock’s 18.8% rise in the past year, it has underperformed the Computer and Technology sector but outperformed the Computer-Networking industry. Trading above moving averages, the stock’s Value Score suggests a stretched valuation.

Cisco Systems’ expanding portfolio covers cybersecurity, AI infrastructure, cloud solutions, and enterprise networking, fueling its growth. The company’s innovative solutions in cloud computing, AI, and wireless connectivity are enhancing its market leadership.

CSCO has signed a 5.5-year agreement with MGM Resorts International, expanding its client base and industry impact. The company’s 2025 revenue guidance indicates positive growth, with expectations of $13.75-$13.95 billion in Q2 and $55.3-$56.3 billion for fiscal 2025.

With a strong partner network and growing portfolio, Cisco Systems is well-positioned for sustained growth in the tech industry. The company’s premium valuation is justified by its strong growth prospects and Zacks Rank #2 (Buy) rating.

Zacks Investment Research recommends a semiconductor stock with significant growth potential in AI, Machine Learning, and IoT. Global semiconductor manufacturing is expected to increase from $452 billion in 2021 to $803 billion by 2028. Download the report for more information.



Read more at Nasdaq: CSCO Expands Cybersecurity Portfolio: Right Time to Buy the Stock?