Overview
- Cisco ended Wednesday at $80.25, topping its prior split-adjusted record of $80.06 set on March 27, 2000.
- The advance values the company at about $317 billion, placing it roughly 13th among U.S. tech firms by market cap.
- November disclosures included $1.3 billion in AI infrastructure orders from large web companies, alongside stronger-than-expected quarterly results.
- The shares are up about 36% in 2025, outpacing the Nasdaq’s roughly 22% gain over the same period.
- Today’s valuation sits near 19 times forward earnings versus about 96.7 times in 1999, reflecting a far more moderate backdrop than the dot-com era.