San Jose, California-based Cisco Systems, Inc. (CSCO) is an IP-based networking company offering products and services to service providers, companies, commercial users, and individuals. With a market cap of $273.6 billion, Cisco’s operations span the Americas, Indo-Pacific, Europe, the Middle East, and Africa.

Companies worth $200 billion or more are generally described as "mega-cap stocks." CSCO fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the communication equipment industry.

Cisco touched its all-time high of $72.55 on Aug. 11 and is currently trading 4.8% below that peak. Meanwhile, CSCO stock prices have surged 9.6% over the past three months, slightly outperforming the S&P 500 Index’s ($SPX) 9.3% uptick during the same time frame.

Over the longer term, Cisco’s performance looks even more impressive. CSCO stock prices have soared 16.7% on a YTD basis and 38.6% over the past 52 weeks, outpacing SPX’s 9.8% gains in 2025 and 15.5% surge over the past year.

To confirm the bullish trend, Cisco has traded mostly above its 50-day and 200-day moving averages over the past year with some fluctuations.

Despite reporting better-than-expected results, Cisco Systems’ stock prices declined 1.6% in the trading session following the release of its Q4 results on Aug. 13. While the company’s service revenues remained mostly flat, its product revenues observed a notable uptick. Overall, Cisco’s revenues for the quarter increased 7.6% year-over-year to $14.7 billion, exceeding Street expectations by a thin margin. Further, its non-GAAP EPS grew 13.8% year-over-year to $0.99, surpassing the consensus estimates by 2.1%.

Cisco’s stock prices have soared in recent months due to market expectations of high revenue growth driven by a boost in AI infrastructure investments. While the company’s overall performance remained robust, it likely failed to impress investors.

On a more positive note, Cisco has also outperformed its peer, Hewlett Packard Enterprise Company’s (HPE) 18.8% surge over the past 52 weeks and 5.7% gains in 2025.

Among the 23 analysts covering the CSCO stock, the consensus rating is a “Moderate Buy.” As of writing, Cisco’s mean price target of $76.58 suggests a 10.8% upside potential from current price levels.