Cisco raises annual forecasts as AI demand boosts networking sales
Cisco raised its annual forecasts today as AI demand drives sales of networking gear. Higher enterprise spending on data centers is fueling growth for the firm.
Insights:
Cisco Systems, Inc. announced on February 11, 2026, that it has raised its full-year fiscal 2026 revenue and adjusted per-share profit guidance, citing robust enterprise spending on networking equipment. The company now expects its fiscal 2026 revenue to range between $61.2 billion and $61.7 billion, an upward revision from the previously projected range of $60.2 billion to $61.0 billion. This update, shared during the fiscal 2026 guidance season, highlights a company-level development reflecting near-term scale effects from a surge in data center investments for AI computing infrastructure.
