Cisco (CSCO) Price Target Increased as Wall Street Sees AI Growth Ahead

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the AI Stocks On Wall Street’s Radar. On August 14, BofA Securities analyst Tal Liani raised the price target on the stock to $85.00 (from $76.00) while maintaining a Buy rating.

According to the analysts, Cisco’s Q4 results and FY26 guidance “lacked a major spark,” but were slightly better than expectations. It further believes that Cisco’s story is “about a revamped portfolio, a significant infrastructure cycle driven by AI and data growth, and constant improvement in execution.”

“Cisco’s tale is about a revamped portfolio, a significant infrastructure cycle driven by AI and data growth, and constant improvement in execution. The results/guidance lacked a major spark though were slightly better than expectations, with revenue growth of 7.6% YoY vs. Street’s 7.3%, in-line margins, and a 1c beat to consensus EPS estimates of $0.98. However, they reflect steady improvement on most fronts, including 10% order growth, excluding the weak Federal segment, strong networking trends, and recovery in Security growth.”

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