Key Takeaways AVGO's AI revenues are set to jump 66% in fiscal Q4 2025, driven by strong XPU and Ethernet product demand.Cisco's AI infrastructure orders hit $2B in fiscal 2025, doubling its earlier expectations. Both companies are leveraging AI, security and data center growth to strengthen performance and outlook. Broadcom (AVGO) and Cisco Systems (CSCO) are benefiting from strong demand for AI infrastructure, data center build-outs and an increasing cybersecurity threat landscape. Both offer high-perform ...

公司股价表现 - 思科系统股价在周三收于69.52美元，接近其8月11日创下的72.55美元的52周高点[1] - 年初至今，公司股价上涨17.4%，表现逊于Zacks计算机与技术行业23%的涨幅，也低于博通51.5%和Arista Networks 29.7%的回报率[3] 财务状况与估值 - 2025财年网络收入较2024财年报告数据下降3%[2] - 公司基于未来12个月市销率的估值为4.57倍，高于Zacks计算机网络行业4.33倍的平均水平[7] - 与Arista Networks 17.87倍和博通19.75倍的未来12个月市销率相比，公司估值存在折价[11] - 2026财年收入指引为590亿至600亿美元，非GAAP每股收益预期在4.00至4.06美元之间[19] - Zacks一致预期公司2026财年收入为595.8亿美元，同比增长5.2%，每股收益为4.04美元，同比增长6%[20] 人工智能业务进展 - 2025财年来自超大规模客户的AI基础设施订单达到20亿美元，是管理层最初预期的两倍[2][9] - 公司与英伟达扩大合作，计划将Cisco Nexus交换机与NVIDIA Spectrum-X架构集成，为AI集群提供低延迟、高速网络[12][13] - 公司推出Cisco 8223路由系统和P200芯片，旨在高效安全地连接数据中心并为下一代AI工作负载提供支持[17] 安全与产品组合拓展 - 安全业务受益于对Cisco Secure Access、Hypershield和XDR的强劲需求，第四财季订单实现中个位数增长[14] - Secure Access、XDR、Hypershield和AI Defense在报告季度内共同新增750名客户[14] - Splunk与公司的协同效应报告显示，Splunk的新客户数量同比增长14%[14] - 公司在Cisco AI Assistant中引入新的代理功能、为Cisco设备推出RoomOS 26，并在Cisco设备和Webex套件中推出专用集成[15] - 公司增强了Webex客户体验组合，包括为管理人员推出新的AI驱动工具，并计划在印度和沙特阿拉伯王国扩展Webex生态系统[16] 增长驱动因素 - 公司积极推动AI发展以及在安全领域日益增强的主导地位是主要增长动力[1][12] - 因网络流量达到前所未有的水平以及威胁环境不断演变，网络容量需求快速加速，这有利于公司前景[12]

Accessibility StatementSkip Navigation News Summary SAN JOSE, Calif., Sept. 30, 2025 /PRNewswire/ -- Today at WebexOne 2025, Cisco (NASDAQ: CSCO) unveiled solutions to foster dynamic collaboration between people and AI agents in the workplace. This includes new agentic capabilities in Cisco AI Assistant, RoomOS 26 for Cisco Devices, and purpose-built integrations across Cisco devices and the Webex Suite to help organizations easily manage and work seamlessly with digital agents. As AI adoption accelerates, ...

Accessibility StatementSkip Navigation News Summary SAN JOSE, Calif., Sept. 30, 2025 /PRNewswire/ --Â Cisco (NASDAQ: CSCO) today announced enhancements to the Webex Customer Experience portfolio, including a new AI-powered tool for supervisors launching in early 2026 to unify quality management across the contact center. Cisco also unveiled AI customer momentum, deep industry integrations for seamless and secure experiences, and planned Webex ecosystem expansions in India and the Kingdom of Saudi Arabia. As ...