By Vandita Jadeja
Publication Date: 2026-10-20 16:00:00
Cisco spent years as the networking giant that growth investors ignored, but AI infrastructure spending is rewriting that story fast. Whether the rally has legs or a margin squeeze kills the momentum depends on one critical number.
Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) spent years as the networking giant that growth investors passed over. AI is pulling it back into the public eye.
The 24/7 Wall St. price target for Cisco is $125.51, which implies 16.87% upside from $107.39. The model is highly confident in its buy rating for the stock.
| Metric | Value |
|---|---|
| Current Price | $107.39 |
| Price Target from 24/7 Wall St. | $125.51 |
| Upside/Downside | 16.87% |
| Recommendation | BUY |
| Confidence Level | 90% |
The comeback case rests on AI infrastructure revenue. Cisco expects AI infrastructure revenue to reach $7.5 billion in FY2027, up from about $4 billion in FY2026. If that ramp holds, our model’s base case reaches $138.03 by October…
