By Trey Thoelcke
Publication Date: 2026-05-27 14:35:00
Quick Read
Cisco Systems (CSCO) is the dominant AI networking name this month on the back of a raised $9 billion FY26 AI infrastructure order target.
Here’s why investors should actually be watching Nokia (NOK), the picks-and-shovels AI networking play.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nokia didn’t make the cut. Grab the names FREE today.
Cisco Systems (NASDAQ: CSCO) is the AI networking name dominating every screen this month, with shares up 54.9% year to date on the back of a raised $9.0 billion FY26 AI infrastructure order target.
But here is what investors should actually be watching.
The Cisco Trade Is Crowded and Fully Priced
Cisco opened Wednesday at $117.94, against a Wall Street consensus target of $125.41. The stock trades at 25x forward earnings, 7.8x sales, and 10.1x book. That is what a consensus darling looks like after an 87.1% one-year run.
Act now: the analyst who called NVIDIA…
