24/7 Wall St. assigned Cisco Systems a Buy rating and set a $133 price target. At its current share price, the target implies 13% upside.
The positive outlook is largely based on Cisco’s position in the growing AI infrastructure market. Cisco has secured $9.3 billion in AI-related orders for fiscal 2026. CEO Chuck Robbins has described this period as the start of a “super cycle” for the business.
The analysis also cited Cisco’s valuation as an advantage. Cisco trades at 27x earnings. Arista Networks trades at 77x earnings. The analysis projects hyperscaler AI revenue of $7.5 billion in fiscal 2027, strengthening the investment case.