On November 11, Cisco rose 3.03% in Regular Trading, trading at $101.24/share, with turnover of $339 million.
The move coincided with positioning ahead of the company’s November 12 earnings release, as consensus expectations and broadly positive analyst sentiment supported the stock.
Market expectations point to quarterly revenue of about $18.12 billion, up roughly 22.62% year over year, adjusted EPS of about $1.33, up 34.86%, and EBIT of about $6.56 billion, up 31.28%. Investors are focused on AI-related orders, the enterprise networking refresh cycle, and Splunk integration progress. While some firms have flagged margin pressure and at least one brokerage recently cut its rating to Equalweight with a $120 target, the average analyst rating remains overweight, with a mean target near $138.43.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)