Cisco's Best Revenue Growth in 15 Years Still Couldn't Hold the Stock
As seen on the 24/7 Wall St. homepage on November 12, 2026.
In Q1, we delivered the strongest revenue and non-GAAP earnings per share growth rates for Cisco in over 15 years.
A 15-year growth record at this networking incumbent means AI data center orders are finally showing up in the top line, yet the stock slipped 1.1% since Robbins said it.
Continue ReadingShow less
Charles Robbins called Cisco's Q1 2027 quarter the strongest revenue and non-GAAP earnings per share growth performance the company has delivered in over 15 years. Demand from AI-driven data center buildouts is now large enough to move the top line.
Investors long knocked Cisco's hardware-heavy model for sitting out cloud and AI spending inside hyperscaler data centers. A 15-year high in both revenue and earnings growth shows AI infrastructure orders converting into recognized revenue at a pace unseen since the mid-2000s.
Sponsored
Shares slipped 1.1% from the moment Robbins made the statement, a sign investors are questioning the durability of the growth or selling into good news after anticipatory buying ahead of the earnings report.
The question from here is whether AI data center order momentum carries into subsequent quarters or whether Q1 was a concentrated burst of catch-up demand. Cisco's ability to hold and expand wallet share in AI infrastructure decides whether this is a genuine inflection.
Sources
Mentioned: CSCO
