Quick Read – Cisco (CSCO) posted record $15.8B quarterly revenue and raised hyperscaler AI orders to $9B for FY26, earning a BUY rating with a $133.66 target. – CFO Mark Patterson projects at least $6B in hyperscale AI revenue for FY27, anchoring the bull scenario price target…
$140. – A trailing P/E of 38, gross margin compression, and net insider selling across 44 recent transactions are the primary risks to the bull thesis. – 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
Cisco Systems (NASDAQ:CSCO) has quietly become one of the most compelling AI infrastructure plays in the market, even as retail chatter has turned sour. The company just posted record quarterly revenue of $15.8 billion, raised full-year guidance, and told investors it now expects to book $9 billion in AI infrastructure orders from hyperscalers in FY26. Yet Reddit sentiment sits firmly bearish.
Our proprietary model sides with management. The 24/7 Wall St. price target for Cisco is $133.66, implying 13.79% upside from the current $117.46. Our recommendation is buy, with confidence at 90%. 24/7 Wall St.