UBS Lifts PT on Cisco Systems, Inc. (CSCO) Stock
Cisco Systems, Inc. (NASDAQ:CSCO) is among the 14 Best Cloud Computing Stocks to Buy Right Now.
On February 12, UBS lifted its price target on Cisco Systems, Inc. (NASDAQ:CSCO)’s stock to $95 from $90, while keeping a “Buy” rating. The analyst highlighted that the company’s AI order momentum ramped up during the quarter, fueling FY 2026 revenue visibility and growth potential for FY 2027.
Seperately, on February 9, JPMorgan analyst Samik Chatterjee lifted the price objective on Cisco Systems, Inc. (NASDAQ:CSCO)’s stock to $95 from $90 while keeping an “Overweight” rating, as reported by The Fly. The analyst believes that the company’s stock is trading at the near-term peak valuation multiple. Despite the current trading levels, Cisco Systems, Inc. (NASDAQ:CSCO) has the potential to post upside to estimates, thanks to the revenue growth acceleration.
Furthermore, the firm opines that its partnership with Nvidia can help in enterprise AI adoption moving forward.
Cisco Systems, Inc. (NASDAQ:CSCO) is engaged in designing, developing, and selling technologies, which can help in powering, securing, and drawing insights from the internet. It offers data center switching, network security, identity and access management, etc.
While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now.
Disclosure: None.
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