By Vardah Gill
Publication Date: 2026-05-09 00:34:00
With a YTD Return of 21.04% as of May 7, Cisco Systems, Inc. (NASDAQ:CSCO) is included among the 10 Best Stocks to Buy to Beat the S&P 500.
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On May 4, Evercore ISI raised its price recommendation on Cisco Systems, Inc. (NASDAQ:CSCO) to $110 from $100. It reiterated an Outperform rating on the shares. The firm described Cisco’s Silicon One as an “underappreciated lever for upside” that could support both revenue and margin growth.
Analyst Amit Daryanani said Cisco could generate $12 billion or more in Silicon One-related revenue over the next three to four years. He estimated that about $7 billion to $8 billion could come from sales, with another $5 billion to $7 billion tied to optics. Daryanani also said those sales could strengthen Cisco’s long-term growth profile by adding another 300 to 500 basis points on top of the company’s…