By Vandita Jadeja
Publication Date: 2026-10-17 14:30:00
Cisco’s CEO is calling it a networking super cycle, and the numbers behind that claim are hard to ignore. But reaching $200 by 2030 requires three specific things to go right, and at least one of them sits outside the…
Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction | CSCO Price Prediction) sits in the middle of what its CEO calls a networking super cycle. Last quarter, product revenue rose 24% to $13.46B and networking climbed 28% to $9.79B. AI orders reached $9.30B for fiscal 2026.
Shares are up 43.91% YTD, yet they trade at $108.87 after a 4.2% drop today. Chuck Robbins said it directly: “We believe we’re only at the beginning of this super cycle.” So can Cisco reach $200 by 2030?
What’s Holding Cisco Back Right Now
The stock has lost momentum. Shares fell 7.26% over the past week and 0.71% over the past month. They now trade below the 52-week high of $129.38. Investors are focused on margins.
Non-GAAP gross margin slipped to 66.3% from 68.4% as lower-margin AI…
