CSCO · News · 20261015N

Market Demand Trends

CISCO SYSTEMS, INC. · 2026-10-15 · Importance 32 · Surprise 48

A Morgan Stanley third-quarter CIO survey found Cisco remained the top networking vendor despite broad spending moderation. Net vendor-spend intentions declined to +28% from +57%, while data-center purchase intentions fell to +37% from +55%. Campus upgrade intentions improved to +36% from +33%, and security remained the strongest spending category, although Cisco retention declined to 63% from 68%.

Key facts

• Cisco reported quarterly earnings per share of $1.22 and revenue of $17.25 billion. source
• Cliftonlarsonallen Wealth Advisors LLC acquired an additional 11,595 Cisco Systems shares to reach a total of 54,771 shares valued at approximately $5.9 million, increasing its stake in Cisco by 26.9%. source
• The digest noted Cisco has experienced a 68% gain over the past year. source
• ZWJ Investment Counsel Inc. increased its holdings in Cisco by 1.3% during the third quarter to 836,410 shares valued at $90 million. source
• Cisco ranked as the top choice for networking in Morgan Stanley's third-quarter CIO survey. source
• The Yahoo Finance analysis noted that growth in AI infrastructure, network upgrades, and cybersecurity demand are contributing to positive sentiment for Cisco. source
• Morgan Stanley retained an Overweight rating and $135 price target on Cisco following the survey results. source
• Institutional investors collectively own 73.33% of Cisco Systems' stock. source