Cisco's Trading Volume Surges 78% to $20.51 Billion, Secures 34th Spot in Market Rankings

On May 14, 2025, Cisco's trading volume reached $20.51 billion, marking a significant 78.22% increase from the previous day, placing it at the 34th position in the day's stock market rankings. Cisco's stock price fell by 0.79%.

Cisco Systems has revised its full-year revenue forecast for fiscal 2025, projecting earnings between $56.5 billion and $56.7 billion, up from the previous estimate of $56 billion to $56.5 billion. This adjustment comes as the company anticipates sustained demand from cloud customers for its networking equipment, driven by the artificial intelligence boom.

In a strategic move, Cisco announced that its Chief Financial Officer, Scott Herren, will retire in July. Mark Patterson, currently the company's Chief Strategy Officer, will take over as the new CFO starting July 27. This transition is part of Cisco's ongoing efforts to capitalize on the growing demand for AI-driven infrastructure.

Cisco's third-quarter performance was robust, with total revenue increasing by 11% year-over-year. The company's AI infrastructure orders from web-scale customers exceeded $600 million, bringing the year-to-date total to over $1 billion. This strong performance underscores Cisco's position in the market for switches targeted at cloud data centers.

For the fiscal fourth quarter, ending in July, Cisco forecasts adjusted per-share earnings of 96 cents to 98 cents on sales of $14.5 billion to $14.7 billion. The company's revenue for the quarter ended April 26 was $14.15 billion, surpassing the estimated $14.08 billion. On an adjusted basis, Cisco earned 96 cents per share, also beating estimates of 92 cents per share.