Wall Street Lifts Cisco Targets to $165 as AI Demand Fuels 45% Upside Calls
Updated
Updated · Yahoo Finance · Aug 14
Wall Street Lifts Cisco Targets to $165 as AI Demand Fuels 45% Upside Calls
3 articles · Updated · Yahoo Finance · Aug 14
Summary
Three firms raised Cisco price targets after its fiscal Q4 beat and upbeat fiscal 2027 outlook, with Rosenblatt lifting to $165, Truist to $140 and UBS to $138.
AI-related demand, hyperscaler spending and a broader "networking supercycle" drove the bullish calls, while UBS said Cisco's AI revenue guidance may be conservative and margins could hold near 35%.
Rosenblatt said Cisco's quarter was healthy across products, customers and regions, and viewed both next-quarter and fiscal 2027 revenue guidance as potentially too cautious.
Cisco stock still fell 8.4% after the results as investors focused on cautious guidance, a sell-off Jim Cramer called a buying opportunity because the company could underpromise and overdeliver.