Where is Cisco Systems (CSCO) Headed According to Analysts?

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the best long term low volatility stocks to invest in. Cisco Systems, Inc. (NASDAQ:CSCO) received a rating update from Evercore ISI on January 26, which upgraded the stock to Outperform from In Line and raised the price target to $100 from $80.

The firm stated that while investors will debate whether the stock is secular or cyclical, Evercore ISI sees “plenty of tailwinds” that support Cisco Systems, Inc.’s (NASDAQ:CSCO) ability to sustain high single-digit sales and low-teens EPS growth on a multi-year basis. This includes AI momentum, a campus refresh, EBIT margin expansion, and the recovery in traditional enterprise and telco markets. The firm further told investors that an EPS greater than $5.00 is possible by FY27 with a resurgence in core networking coupled with AI acceleration.

The rating update came the same day Cisco Systems, Inc. (NASDAQ:CSCO) announced the launch of the Cisco 360 Partner Program after fifteen months of co-design with partners. Now live, the program is specialized to deliver outcomes that are achievable only through Cisco and its ecosystem, highlighting the power of partnering with Cisco in the AI era.

Management reported that the Cisco 360 Partner Program provides additional clarity and empowers partners to drive more predictable profitability, while the new Cisco Partner Locator tool allows customers to search for the right partner across key Cisco portfolios, such as Networking, Splunk, Collaboration, Security, Services, and Cloud and AI Infrastructure.

Cisco Systems, Inc. (NASDAQ:CSCO) is involved in the manufacture, design, and sale of Internet Protocol-based networking products and services associated with the communications and IT industry. The company’s operations are divided into the following geographical segments: the Americas, EMEA, and APJC, and its products include the following categories: Secure, Agile Networks, Internet for the Future, Collaboration, End-to-End Security, Optimized Application Experiences, and Other Products.

While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.