Cisco Sys Inc Stock Price, News & Analysis

Cisco (NASDAQ: CSCO) has released a global research report revealing the transformative impact of agentic AI on customer service. The study, surveying 7,950 decision-makers across 30 countries, predicts that 68% of customer service interactions with technology vendors will be handled by agentic AI by 2026. Key findings show that 92% of organizations consider vendor support increasingly critical, and 93% believe agentic AI will enable more personalized services.

The research indicates rapid adoption, with 56% of interactions expected to be AI-handled within 12 months. While 88% of respondents are confident in AI-led customer experience, 89% emphasize the importance of maintaining human connection. The study highlights that vendors must demonstrate robust governance for ethical AI use, with 99% of respondents considering this crucial.

Cisco (CSCO) has joined the Stargate UAE consortium as a preferred technology partner, signing a Memorandum of Understanding (MoU) alongside G42, OpenAI, Oracle, NVIDIA, and SoftBank Group. The initiative aims to construct an AI data center in Abu Dhabi with a target capacity of 1 GW, with an initial 200 MW capacity planned for 2026.

As part of the collaboration, Cisco will provide advanced networking, security, and observability solutions to support OpenAI workloads and accelerate the deployment of next-generation AI compute clusters. The MoU was signed by Cisco CEO Chuck Robbins and aligns with President Trump's recent regional visit and Cisco's broader AI initiatives in the Middle East.

Cisco (NASDAQ: CSCO) has announced its participation in the upcoming Bank of America Global Technology Conference. The company will be represented by Scott Herren, EVP & Chief Financial Officer, and Mark Patterson, EVP & Chief Strategy Officer, in a fireside chat scheduled for June 4, 2025, from 8:40 AM to 9:10 AM PST. The session will be available via webcast on investor.cisco.com. Additionally, Cisco's management and Investor Relations team will engage in Investor Meetings on June 3, 2025. The company has stated that no new financial information will be discussed during this event.

Splunk's State of Security 2025 report reveals significant challenges in cybersecurity operations. Only 11% of organizations fully trust AI for critical tasks, while 46% spend more time on tool maintenance than defense. Key findings show 66% experienced data breaches in the past year. The report highlights operational inefficiencies with 78% reporting dispersed security tools and 69% facing challenges from disconnected systems. SOC teams are struggling with 52% reporting overwork and considering leaving the field. Despite challenges, 59% report improved efficiency with AI adoption, with top applications in threat intelligence analysis (33%), security data querying (31%), and policy writing (29%). Organizations implementing unified security approaches report faster incident detection (78%) and quicker remediation (66%).

Cisco (CSCO) reported strong Q3 FY2025 results with revenue of $14.1 billion, up 11% year-over-year, exceeding guidance. GAAP EPS increased 35% to $0.62, while non-GAAP EPS rose 9% to $0.96. Product orders grew 20% YoY (9% excluding Splunk), with growth across all regions. Notably, AI Infrastructure orders from webscale customers exceeded $600 million, surpassing their $1 billion target one quarter early. By segment, Security revenue surged 54%, Observability up 24%, Networking up 8%, and Collaboration up 4%. Geographic performance showed Americas up 14%, EMEA up 8%, and APJC up 9%. The company returned $3.1 billion to stockholders through dividends ($0.41 per share) and share buybacks. For Q4 FY2025, Cisco projects revenue of $14.5-14.7 billion and raised full-year FY2025 guidance to $56.5-56.7 billion.

Cisco (CSCO) has announced its collaboration with the AI Infrastructure Partnership (AIP), joining forces with industry leaders including BlackRock, GIP, MGX, Microsoft, NVIDIA, and xAI. The partnership aims to accelerate AI data center innovation and scaling, with AIP initially seeking to unlock $30 billion in capital, potentially mobilizing up to $100 billion in total investment when including debt financing.

The collaboration strengthens AIP's platform, which already includes energy partnerships with GE Vernova and NextEra Energy. Cisco's involvement will focus on providing connectivity and security solutions for AI infrastructure, supporting an open-architecture platform that fosters a broad ecosystem of non-exclusive partnerships.

Cisco (CSCO) has announced a major partnership with Saudi Arabia's HUMAIN AI enterprise to develop the Kingdom's AI infrastructure. The collaboration aims to create an open, scalable, and cost-efficient AI ecosystem, building on Cisco's 25-year presence in Saudi Arabia. The initiative includes:

The partnership features Cisco's AI-ready infrastructure with Nexus and UCS technologies, advanced security solutions like Hypershield and Splunk, and support from a 300,000-strong global partner network. Additional investments include:

• Establishing a Cisco AI Institute at KAUST
• Digital upskilling for 500,000 learners in AI, cybersecurity, and data science
• AI infrastructure development for Riyadh Expo 2030 and 2034 World Cup
• Plans for local manufacturing starting with wireless technologies
• New Meraki cloud establishment in Saudi Arabia

Cisco (CSCO) has announced major strategic AI initiatives in the Middle East, marking significant expansion of its AI presence in the region. The company revealed several key partnerships including: joining HUMAIN's alliance to develop Saudi Arabia's AI infrastructure, extending partnership with G42 for AI innovation across UAE and US, and collaborating with AIP (AI Infrastructure Partnership) to drive global data center investments.

The announcements follow CEO Chuck Robbins' meetings with key Middle Eastern leaders and coincide with Jeetu Patel's participation in President Trump's state visit. AIP aims to unlock $30 billion in capital from investors and corporations. The initiatives build upon Cisco's recent AI developments, including an expanded partnership with Nvidia, launch of an open-source security model, and establishment of a $1 billion Global AI Investment Fund.

Cisco (CSCO) and UAE-based tech group G42 have signed a Memorandum of Understanding (MoU) to advance artificial intelligence innovation and infrastructure development. The strategic partnership focuses on key collaboration areas including a joint Go-to-Market initiative leveraging Cisco's secure AI portfolio and G42's regional expertise.

The collaboration will explore co-development of AI-powered cybersecurity solutions and reference architecture integrating Cisco's networking, security, and infrastructure solutions for high-performance computing. The partnership aims to help customers build AI-ready data centers and develop AI workloads effectively, supporting the UAE's National AI Strategy 2031 objectives and G42's international expansion goals.