Cisco's Trading Volume Surges 30% to $1.36 Billion Ranking 73rd in Market

Generado por agente de IAAinvest Market Brief
lunes, 12 de mayo de 2025, 9:02 pm ET1 min de lectura
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On May 12, 2025, Cisco's trading volume reached $1.36 billion, marking a 30.02% increase from the previous day, placing it 73rd in the day's stock market rankings. CiscoCSCO-- (CSCO) rose by 3.18%, marking its fourth consecutive day of gains, with a total increase of 4.14% over the past four days.

Cisco Systems is anticipated to release its quarterly earnings report, with a focus on its AI strategy and buyback plans. The company's AI momentum continues to grow, with AI-related orders expected to exceed $1 billion per quarter earlier than previously anticipated.

Morgan Stanley has maintained its bullish outlook on Cisco, reiterating a Buy rating ahead of the company's upcoming earnings report on May 14. Analysts project earnings of $0.91 per share and revenue of $14.05 billion for the quarter, with Cisco having set its Q3 2025 guidance accordingly.

Cisco's AI strategy and buyback initiatives are expected to drive its earnings performance, potentially leading to a fifth consecutive quarter of exceeding earnings expectations. The market is closely watching Cisco's earnings report, which is scheduled for release on May 14, 2025.

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