Quick Read – CSCO is a Hold at $121.15, having gained 84% over one year, with analysts targeting only 5% more upside near its 52-week high. – CSCO has surged 59% year to date against SPY’s 8%, but a 41x trailing P/E leaves no cushion if AI orders disappoint. – Management raised…
sco’s FY2026 AI order target from $5 billion to $9 billion after networking revenue surged 25% year over year. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Cisco Systems didn’t make the cut. Grab the names FREE today
At $121.15, Cisco Systems (NASDAQ:CSCO) is a hold. The stock sits just under a 52-week high of $130.37 after a powerful run on accelerating AI infrastructure orders, leaving little room for error at current levels. Cisco supplies the routers, switches, silicon, security, and observability software that move enterprise and hyperscale traffic.
Networking remains the core, with Splunk anchoring observability and a deepening security stack adding recurring revenue. After years of treading water, the franchise is riding a real product cycle. Management raised every FY2026 number on the May 13, 2026 earnings report, lifted AI order guidance, and delivered a fourth straight EPS beat.