Cisco Systems Inc. (CSCO) shares hit an all-time high above $78.50, marking the first time in over 25 years that the stock has surpassed its previous peak. The rally reflects renewed investor confidence in the company’s AI-driven networking strategy and broader tech sector strength.
- CSCO shares reached $78.63, their highest since 1999
- Revenue from enterprise networking and security rose 15% YoY
- Cloud-based service adoption increased 22% year-over-year
- Market cap exceeds $280 billion
- CSCO outperformed XLK ETF, which gained 2.1% on the day
- Stock up 37% over the past 52 weeks
Cisco Systems Inc. (CSCO) reached a new record high of $78.63 per share on December 13, 2025, its highest level since 1999, according to market data. The surge came amid strong quarterly results that highlighted a 15% year-over-year increase in revenue from its enterprise networking and security divisions. The company also reported a 22% rise in cloud-based service adoption, driven by demand for AI-optimized infrastructure. The rally underscores a broader rebound in technology equities, with CSCO outperforming the broader XLK ETF, which gained 2.1% on the day. The stock’s appreciation follows similar gains in peers such as Microsoft (MSFT), Apple (AAPL), and Nvidia (NVDA), whose shares rose 1.8%, 1.5%, and 3.2%, respectively, on the same session. Analysts note that Cisco’s pivot toward AI-integrated networking gear and its expanded software licensing model are key drivers of the valuation re-rating. CSCO’s market capitalization now exceeds $280 billion, placing it among the top 30 largest U.S. publicly traded companies. The stock’s 52-week range is now $55.20 to $78.63, indicating a 37% increase in value over the past year. This performance positions Cisco as a major beneficiary of the ongoing enterprise digital transformation and AI infrastructure build-out.