Cisco Systems saw a boost in networking revenues in Q1 fiscal 2026, reaching $7.77 billion, up 15% YoY. Demand for AI infrastructure and campus networking solutions drove the growth. Cisco faces competition from Arista Networks and Hewlett Packard Enterprise in the networking domain.

Cisco’s stock has risen 29.6% YTD but is trading at a premium with a P/B ratio of 6.42X. Estimates for Q2 fiscal 2026 earnings stand at $1.01 per share, showing 7.45% growth YoY. Cisco holds a Zacks Rank #3 (Hold) with a Value Score of D.

Cisco is expanding its AI footprint with high-performance networking products and partnerships. The launch of Cisco Unified Edge is expected to drive top-line growth. The company expects over $2 billion in revenues from its networking solutions. Cisco’s stock lags the Computer Networking industry.

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Read more at Nasdaq: Cisco’s Networking Revenue Growth Picks Up: More Upside Ahead?