Cisco Books $9.3B in AI Orders, Sees $7.5B Revenue by FY2027

Cisco Systems has made significant strides in the growing AI infrastructure market, booking a remarkable $9.3 billion in AI infrastructure orders for fiscal year 2026.

The company is projected to generate around $7.5 billion in AI-related revenue for fiscal year 2027, establishing itself as a strong player in the hyperscaler segment.

Cisco has garnered a 'BUY' rating with a price target set at $139.67, reflecting a potential upside of 25% from its current trading price of $111.69.