Quick Read – Six major Wall Street firms raised their Cisco (CSCO) stock price targets to a range of $112-$132 from prior consensus of $89.54. – Cisco reported record fiscal Q3 2026 revenue of $15.84B, up 12% YoY, with total product orders accelerating 35% YoY and AI…
frastructure orders guidance raised to $9B from $5B; – Cisco’s networking segment surged 25% YoY with data center switching orders climbing over 40%, driven by hyperscaler demand and its structural advantage as an in-house silicon designer less supply-constrained than competitors in tight AI hardware markets. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Cisco Systems wasn’t one of them. Get them here FREE
Six major Wall Street firms hiked their price targets on Cisco Systems (NASDAQ:CSCO) on May 14, following a blowout fiscal Q3 2026 report that sent shares surging roughly 19% after the close. The coordinated wave of revisions reflects a clear thesis shift: Cisco’s accelerating hyperscaler order book has decisively answered the long-running bear case that the company was losing AI networking share. For prudent investors, the magnitude of the upward revisions signals fundamental model changes, not minor tweaks.
The pop reflects more than a single beat. Cisco delivered record revenue of $15.84 billion, up 12% year over year (YoY), with total product orders accelerating 35% YoY. Management raised fiscal 2026 AI infrastructure orders guidance to $9 billion from $5 billion.