On June 8, Cisco rose 3.09% in regular trading, trading at $125.21/share, with trading volume of $594 million. The stock rebounded from a prior decline triggered by product security vulnerability concerns.

On the news front, Cisco's newly launched Cloud Control Platform has entered the controlled availability stage in the U.S. market, designed to enable humans and AI agents to collaboratively operate critical IT infrastructure, advancing the company's AgenticOps vision with plans to expand globally. At the Cisco Live conference, the company highlighted that AI agent-driven data traffic is 450% higher than manual operations, projecting global network traffic to triple within three years as AI industrialization accelerates, with 90% of enterprise customers already demonstrating infrastructure upgrade demand.

On the analyst front, Bank of America raised its target price on Cisco to $135 from $114, maintaining a Buy rating, citing rapid AI infrastructure expansion driving demand for 800G optical networking equipment where Cisco holds over 50% market share. Goldman Sachs also raised its target to $125.

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