CISCO SYSTEMS Stock Forum (BX:CIS)

Just a sentence about Cisco, it bumped by 1%

Cisco's Q2 FY25 revenue increased by 9% to $14 billion, surpassing expectations by $120 million and marking its first year-over-year growth in more than a year. Adjusted EPS came in at $0.94, exceeding estimates by $0.03. The acquisition of Splunk 11 months ago contributed to strong growth in security and subscription revenue. Demand for AI infrastructure drove a 29% rise in orders (or 11% excluding Splunk), with AI-related orders expected to exceed $1 billion in FY25.

Looking ahead, Cisco raised its FY25 revenue guidance midpoint by $0.5 billion to $56.3 billion and approved a $15 billion increase in share buybacks. While federal spending remains weak, enterprise and cloud investments are gaining momentum. With AI networking growth and a continued shift toward recurring revenue, Cisco is positioning itself for long-term expansion.

DMFDMinister

has a higher market cap right now than , , ADBE. It is one of the highest P/E ratios for a profitable large cap company in the market.

PT of $40 support would be a reasonable price for me to begin building a long position. A lot can happen in a year.