Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

Cisco stock price today after CSCO earnings: Cisco's stock surged over 17% after a robust earnings report exceeding expectations. However, the company also announced plans to cut…