On August 5, Cisco rose 3.09% in after-hours trading, trading at 124.94 USD/share, with turnover of $315 million.
On the news front, Cisco joined NVIDIA and CrowdStrike in co-drafting an AI cybersecurity guideline published as a request-for-comments by the Linux Foundation. The SAFE guidelines aim to transform AI agent cybersecurity incidents into shared protective capabilities across the ecosystem, covering confidential collection of AI security events, notification of affected parties, identification of control failures, and issuance of operational recommendations.
Additionally, JPMorgan previously raised its target price on Cisco from $120 to $145, maintaining an Overweight rating. The dual catalyst of industry leadership in AI security standards and investment bank endorsement drove after-hours gains. Cisco has been steadily building its AI security portfolio, having launched the Antares series of security small language models for vulnerability detection, released a cloud control platform enabling human-AI agent collaboration, and joined the Open Secure AI Alliance.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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