From Nasdaq: 2025-02-24 08:23:00

Cisco Systems’ stock is on the rise again in 2025, with a 10% return as of Feb. 20. The company’s AI-driven business is gaining traction after beating earnings estimates in Q2, with revenue growing by 9% to nearly $14 billion.

Despite the excitement over Cisco’s AI business, AI infrastructure orders are only around 1.7% of expected revenue for fiscal 2025. The company’s acquisition of Splunk is showing value, with significant growth in security and observability segments.

Cisco remains a key enterprise partner with appealing qualities, including a healthy dividend yield of 2.5% and strong financials. Despite high debt from the Splunk acquisition, Wall Street analysts have raised price targets by 14%, implying an average upside of 9% in Cisco shares. Cisco Systems, a leading technology company, reported better than expected quarterly earnings. The company announced revenue of $12.96 billion, surpassing Wall Street’s estimates. Cisco also projected strong growth in the upcoming quarter, citing increased demand for networking equipment and software. The stock price rose 4% in after-hours trading following the news.



Read more at Nasdaq:: Cisco: Tech Dividend Payer With Long Term AI Potential