CSCO
Time to buy CSCO?$120.60
+$1.96 (1.65%)
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CSCO ran from roughly $96 after its May 13, 2026 earnings release to a fresh high near $121.43 on May 29, 2026 off stronger AI infrastructure orders, raised full-year guidance, and a post-earnings breakout.
The stock has the potential to go down if it loses the $114 area and fails to hold the post-earnings breakout. That could open a retrace toward $108 to $110, and any slowdown in AI order growth or softer guidance into the next report would accelerate the downside.
If CSCO holds the $114 to $116 support zone, where the post-earnings gap started to build, a move back toward $121 to $125 is on the table. Resistance at $121.43 is the first hurdle, and continued AI order momentum would need to stay in play.
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