Cisco Stock at $97: How the Silicon One AI Buildout Changes the Long-Term Valuation Picture

Key Stats for Cisco Stock

• 52-Week Range: $61 to $97
• Current Price: $97
• Street Mean Target: $90
• Street High Target: $110
• Analyst Consensus: 13 Buys / 4 Outperforms / 9 Holds / 1 No Opinion
• TIKR Model Target (Jul. 2031): $103

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What Happened?

Cisco Systems (CSCO) is the world’s largest enterprise networking company, building the routers, switches, optics, and security software that connect the internet and corporate data centers.

Cisco stock has surged roughly 59% from its 52-week low of $60.85, reaching near-record levels as a wave of AI infrastructure spending has transformed the investment case.

The inflection point came in Q2 FY2026, when Cisco reported revenue of $15.35 billion, up 10% year over year, and non-GAAP EPS of $1.04, both above the high end of…