Cisco AI Orders Top $2 Billion, But 2026 Outlook Leaves Investors Wanting More
1. Cisco reported $14.7 billion Q4 revenues, exceeding expectations. 2. JPMorgan raised CSCO's price target to $80, maintaining an Overweight rating. 3. Goldman Sachs kept a Neutral rating but raised its target to $71. 4. AI orders surpassed $2 billion, showing strong momentum in webscale customers. 5. Security revenue growth of 9% fell short of analyst expectations.