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CSCO

Cisco Systems Inc

NASDAQ: CSCO · TECHNOLOGY · COMMUNICATION EQUIPMENT

$91.50
+2.15% today

Updated 2026-04-29

Market cap
$361.42B
P/E ratio
32.91
P/S ratio
6.12x
EPS (TTM)
$2.78
Dividend yield
1.83%
52W range
$57 – $92
Volume
21.3M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Cisco Systems Inc (CSCO) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$91.50
Consensus
$89,800.00
+98042.08%
2030 Target
$252.86
+176.35%
DCF
$55.99
-63.42% MoS
28 analysts:
12 Buy4 Hold0 Sell

Management guidance

Cisco's management has provided strong guidance for fiscal 2026, with AI orders reaching $2.1B in Q2 FY2026 alone and targeting over $5B in AI deals for the full fiscal year 2026. The company is experiencing double-digit revenue growth driven by hyperscaler AI infrastructure demand and expanding its networking portfolio, with positive guidance communicated for both FY2026 and FY2027.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$426.71
$83.2B Rev × 20x P/S
Base case (2030)
$252.86
$83.2B Rev × 12x P/S
Bear case (2030)
$173.84
$83.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$57.0B$53.8B$56.7B$62.8B$69.2B$71.9B$77.4B$83.2B
Revenue growth—-5.6%5.3%10.9%10.2%7.2%7.6%7.5%
EPS$3.88$3.73$1.00$4.24$4.85$5.15$5.61$6.12
P/S ratio———3.0x3.0x12.0x12.0x12.0x
Implied price———$44.51$53.41$221.26$237.06$252.86

Catalysts & risks

Growth catalysts
+ AI infrastructure orders from hyperscalers continuing to drive 20%+ growth in networking segment
+ Universal Quantum Switch commercialization creating new $10B+ TAM opportunity by 2028-2029
+ Strategic partnerships with NVIDIA and AMD expanding Cisco's presence in AI data center buildouts
+ Increased quarterly dividend ($0.42/share) indicating confidence in sustained cash flow generation
Key risks
- Intense competition from Arista Networks and Dell Technologies in high-margin AI switching market
- Customer concentration risk with hyperscalers accounting for significant portion of AI orders
- Macro slowdown in enterprise IT spending could moderate growth from current elevated levels
- Valuation at 32x P/E is elevated; stock performance has priced in significant growth expectations

Methodology

Cisco Systems Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 28 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 25, 2026.