Cisco Q2 Earnings Preview: AI Infrastructure Demand Drives Stock Surge
Cisco Systems is set to report its second-quarter fiscal 2026 earnings after the market closes, with Wall Street anticipating EPS of $1.02 and revenue of $14.88 billion. The networking giant's stock has surged 37% over the past year, fueled by robust demand for AI infrastructure solutions.
UBS analysts project product orders to rise in high single digits, while AI orders may remain flat sequentially at $1.3 billion. Options traders are pricing in a 6.22% MOVE post-earnings, significantly higher than the historical average of 3.01%.
The company recently unveiled a new AI networking chip, positioning itself to compete with Broadcom and Nvidia in the rapidly growing AI infrastructure market. Investors will focus on forward guidance and order trends, given the tight alignment with consensus estimates.
