Cisco Stock Holds Above $111 as AI-Driven Orders Fuel Growth

Cisco Systems stock has held above $111 as investors weigh the impact of AI-driven orders on its outlook. The company recently reported a record year, with revenue growing by 12% to $63.3 billion in fiscal 2026. This growth is largely driven by AI infrastructure demand, which surged 4.5 times to $9.3 billion for the year.

Cisco's recent earnings report beat expectations across key metrics. The company generated earnings per share of $1.22, beating consensus estimates by $0.05, on quarterly revenue of $17.25 billion that exceeded analyst predictions of $16.84 billion. This quarter's revenue was also 17.6% higher than the same period a year earlier.

Analysts are split on Cisco's valuation, with some arguing it is overvalued by 55.5% according to the GF Value metric. However, others see potential for continued growth, with an average analyst price target of $134.77 and specific targets ranging from $140 to $165.