# Cisco Boosts AI Revenue Forecast Amid Stock Dip

> Cisco raises AI infrastructure revenue target to $9 billion as stock falls on NVIDIA turmoil.
- Title: Cisco Boosts AI Revenue Forecast Amid Stock Dip · Futuriom
- Summary: Cisco raises AI infrastructure revenue target to $9 billion as stock falls on NVIDIA turmoil.
- Keywords: cisco, ai infrastructure, nvidia, stock price, revenue forecast, hyperscalers, networking refresh, Futuriom
- Source: Futuriom — https://futuriom.com/articles/news/cisco-prints-strong-growth-raises-guidance/2026/11
- Read time: 1 min
- Topics: cisco, ai infrastructure, nvidia, stock price, revenue forecast, hyperscalers, networking refresh
## Cisco Q1 2027 Results
Cisco reported $18.5 billion revenue, up 24% year-over-year, beating Wall Street's $18.1 billion estimate.
## Strong Earnings Growth
Non-GAAP earnings per share rose to $1.40, a 40% year-over-year increase, exceeding analyst expectations.
## CEO Statement
Cisco CEO Chuck Robbins called Q1 growth the strongest in over 15 years for the company.
## Stock Price Drop
Cisco shares fell 5% in morning trading amid concerns over NVIDIA's leadership changes.
## AI Revenue Target Raised
Cisco increased its fiscal 2027 AI infrastructure revenue forecast to $9 billion from $7.5 billion.
## Hyperscaler Growth
Hyperscalers now account for 12% of Cisco's total revenue, up from 6% last year.
## Networking Refresh Cycle
Cisco's networking segment grew 43% year-over-year with AI infrastructure driving triple-digit growth.
## Key takeaway

Cisco increased its fiscal 2027 AI infrastructure revenue forecast to $9 billion from $7.5 billion, but shares dropped 5% due to NVIDIA leadership changes.