Cisco Stock Sees Gains as AI Orders Boost Revenue and Outlook

Cisco Systems stock has seen gains in recent trading as AI-related orders boost revenue and outlook. The company's fiscal year 2026 revenue rose 11.77% to $63,325 million, with product revenue increasing by 16.07% to $48,295 million.

The surge in networking revenue is attributed to a 22.48% increase linked to AI infrastructure deployments. HDI Research notes that Cisco booked $9.3 billion of hyperscale AI orders in fiscal 2026 and projects AI infrastructure revenue at $7.5 billion for fiscal 2027.

Market commentary suggests that the company's focus on large cloud and data center customers is driving growth. Analyst sentiment remains positive, with a consensus analyst rating of 'Moderate Buy' and an average price target of $129.68, representing a potential upside of around 18.8% from the current level.