A major Wall Street firm has made a bold call on a well-known tech giant, suggesting its growth story may be fundamentally misunderstood by the market. On Nov. 3, UBS upgraded Cisco Systems NASDAQ: CSCO from Neutral to Buy, issuing a new, higher price target of $88 per share.
Cisco's upcoming earnings release for the Q1 2026 period is loaded with excitement as investors anticipate the company to play a bigger role in data centers. The stock is trading at an elevated multiple which suggests that investors would be looking for better-than-expected growth through in 2026. Quarterly gross margin is also a key area to watch as CSCO should continue to benefit from the ongoing trends in the cloud.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Cybersecurity firms with AI capabilities are positioned for long-term growth as cyberattacks continue to intensify.
Cisco (CSCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Cisco Systems (CSCO) concluded the recent trading session at $74.45, signifying a +1.83% move from its prior day's close.
Cisco Systems (CSCO) may not grab headlines like the high-flying tech names of today, but its quiet consistency has made it a powerhouse of shareholder returns. While growth has slowed, the company's cash-generation machine continues to reward investors handsomely.
Cisco (CSCO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Broadcom AVGO and Cisco Systems CSCO are benefiting from strong demand for AI infrastructure, data center build-outs and an increasing cybersecurity threat landscape. Both offer high-performance networking hardware essential for connecting AI accelerators.
CSCO's Splunk acquisition, along with Hypershield and XDR solutions, boosts its security revenues.
Cisco Systems (CSCO) closed the most recent trading day at $68.66, moving +1.78% from the previous trading session.
In the closing of the recent trading day, Cisco Systems (CSCO) stood at $68.92, denoting a +1.47% move from the preceding trading day.