Forget Nvidia. Cisco Could Be a Hidden Winner From the AI Boom

Quick Read

• Cisco (CSCO) generated $9.3B in hyperscaler AI orders in FY2026, which was 4.5x the prior year, driving a BUY rating and $131 price target with 18% upside.

• While Nvidia (NVDA) dominates AI headlines, Cisco’s forward P/E of 21x looks cheap next to Arista’s (ANET) 68x trailing multiple on the same AI narrative.

• CEO Chuck Robbins is guiding FY2027 AI infrastructure revenue to $7.5B, which would be double the FY2026 figure, calling agentic AI the fuel behind a networking supercycle.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Cisco Systems didn’t make the cut. Grab the names FREE today.

While NVIDIA (NASDAQ:NVDA) soaks up the AI infrastructure headlines, Cisco Systems (NASDAQ:CSCO) is quietly becoming one of the more compelling picks-and-shovels plays in the AI buildout.

Cisco just closed a record fiscal year, hyperscaler AI orders more than quadrupled, and management is guiding for another leg higher in fiscal 2027. Our proprietary model sees more upside from here.

Our 24/7 Wall St. price target for Cisco is $131.07, implying 18.04% upside from the current $111.04 price. We rate CSCO a buy with high (90%) confidence.

24/7 Wall St. Price Target Summary

A Record Year Meets a Networking Supercycle

Cisco is up 69.09% over the past year and 46.24% year to date,…