Hedge funds are buying these two big tech stocks while selling two rivals
SAN DIEGO - Cisco (NASDAQ:CSCO) introduced new networking solutions designed to modernize campus, branch, and industrial networks for AI workloads, according to a press release statement issued Monday. The networking giant, currently valued at $288.11 billion and trading near its 52-week high of $73.48, continues to strengthen its position as a prominent player in the Communications Equipment industry.
The company's latest offerings focus on simplifying network operations through cloud-managed fabrics and a unified branch solution that allows users to provision secure networks with reduced configuration steps. These innovations aim to address the increasing bandwidth and latency requirements of distributed AI applications. With annual revenue of $56.65 billion and growth of 5.3% over the last twelve months, Cisco continues to invest in expanding its product portfolio while maintaining a perfect Piotroski Score of 9, according to InvestingPro data, indicating strong financial health across multiple metrics.
Among the key announcements is a Global Overview feature in Meraki Dashboard, providing visibility into Catalyst Center-managed networks through a single cloud interface. The feature will enter beta this month with general availability expected in Q4 2025.
Cisco also unveiled cloud-managed fabric architecture to streamline large site network management, with beta testing beginning in Q4 2025 and general availability planned for Q1 2026.
For branch deployments, Cisco Unified Branch introduces automation tools that enable IT teams to deploy and secure branch networks in minutes rather than hours, using Cisco Validated Designs and what the company calls "Agentic Workflows."
The hardware lineup includes new 8200 and 8400 Series Secure Routers with built-in firewall capabilities, alongside Wi-Fi 7 access points (CW9171I, CW9174 Series) and the CW9800L Wireless Controller. These devices will be available for order in Q4 2025.
On the security front, Cisco is integrating its Secure Access service with all SD-WAN offerings and introducing Access Manager, a cloud-based identity management solution that will be generally available in Q4 2025.
The company positions these developments as part of its "AgenticOps" approach, which combines AI-powered agents with human teams to manage network operations and troubleshoot issues.
In other recent news, Cisco announced enhancements to its Security Cloud Control platform, allowing Managed Service Providers to manage multiple clients' security solutions centrally. This update includes the Hybrid Mesh Firewall with AI Defense and Secure Access services, aiming to streamline operations and reduce costs. Cisco also unveiled a new series of data center switches, the N9100, featuring NVIDIA's Spectrum-X Ethernet technology, which will be available before the end of the year.
UBS upgraded Cisco's stock from Neutral to Buy, raising its price target to $88.00, citing growth drivers such as demand for AI infrastructure and a large-scale campus refresh cycle. Additionally, Cisco and Pure Storage introduced a new FlashStack Cisco Validated Design aimed at facilitating enterprises' transition from AI pilot projects to production-scale deployments. In collaboration with the City of Los Angeles and nonprofit organizations, Cisco launched a free public Wi-Fi network in the Crenshaw Corridor, enhancing internet access for local residents and businesses. These developments reflect Cisco's strategic initiatives in AI, security, and community connectivity.
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