Cisco Price Prediction: This Will Be CSCO's Stock Price Next Year

"Cisco trades at $115.53 after a 25.36% one-week surge tied to the Q3 FY26 print. Our 24/7 Wall St. price target for Cisco is $112.47 over the next 12 months, implying -2.65% downside. The recommendation is hold with a 90% confidence level. In plain language: the AI thesis is real, but the rerating has happened."

"Our 24/7 Wall St. price target sits just below where Cisco trades today. The bull argument is straightforward: AI infrastructure orders just got raised to $9 billion for FY26, and the campus refresh cycle is in early innings. If either catalyst overshoots, our model will look conservative."

"Cisco is up 51.59% YTD, 39.85% over the past month, and 92.8% over the past year, with shares 25% below a 52-week high of $119.36. Q3 FY26 delivered record revenue of $15.841 billion (+11.96% YoY) and non-GAAP EPS of $1.06, the fourth consecutive beat. Networking revenue grew 25%, and total product orders surged 35% YoY. CEO Chuck Robbins said "Cisco is well-positioned as the critical infrastructure for the AI era.""

"Bulls have plenty to point to. AI infrastructure orders hit $5.3 billion YTD, with FY26 guidance raised to $9 billion from $5 billion, and AI revenue to $4 billion. Data center switching orders jumped 40% and the multi-year campus refresh is ramping faster than prior cycles."

Cisco trades at $115.53 after a 25.36% one-week surge tied to Q3 FY26 results. A 12-month price target of $112.47 implies -2.65% downside, with a hold recommendation at 90% confidence. The bull case centers on AI infrastructure orders raised to $9 billion for FY26 and an early-stage campus refresh cycle. Cisco has gained 51.59% year to date and 92.8% over the past year, with Q3 FY26 delivering record revenue of $15.841 billion and non-GAAP EPS of $1.06 for a fourth consecutive beat. Networking revenue rose 25% and total product orders increased 35% year over year. HSBC upgraded Cisco to Buy with a higher target of $137, citing stronger AI momentum and improved earnings visibility.

Read at 24/7 Wall St.