Cisco

CSCO

Market cap $298B

Full programing to be livestreamed, ungated and accessible globally SAN JOSE, Calif., Jan. 15, 2026 /PRNewswire/ -- Cisco (NASDAQ: CSCO) today announced its second annual AI Summit, taking place February 3, 2026 in San Francisco and online, and a program lineup featuring leaders who are shaping the trillion-dollar AI economy.

Cisco Systems (CSCO) reached $74.4 at the closing of the latest trading day, reflecting a -1.41% change compared to its last close.

Cisco Systems is transforming from a legacy hardware firm to a key AI infrastructure player, now commanding a buy rating. CSCO's AI-related orders surged to $1.3B in a quarter, with management guiding for $4B in AI orders and $3B in related revenue for FY 2026. Splunk integration drives a shift toward recurring, higher-quality cloud revenues, despite a temporary dip in security segment topline.

The U.S. Supreme Court on Friday agreed to hear an appeal by Cisco Systems in which the tech company and President Donald Trump's administration are asking the justices to limit the reach of a federal law that has been used to hold corporations liable for human rights abuses committed abroad.

Cisco Systems (CSCO) reached $73.96 at the closing of the latest trading day, reflecting a -1.02% change compared to its last close.

Other networking-oriented stocks have more than tripled in the past year, but not Cisco and Arista.

Cisco Still Looks Undervalued As AI Networking Demand Accelerates

Recently, Zacks.com users have been paying close attention to Cisco (CSCO). This makes it worthwhile to examine what the stock has in store.

Elon Musk's xAI said it raised $20 billion in a funding round, exceeding its prior target of $15 billion. CNBC reported in November that a financing round would value the artificial intelligence startup at about $230 billion.

Cisco Investments and Nvidia were strategic investors in a newly announced funding round.