Cisco Systems Inc. (NASDAQ:CSCO)is one of the 10 Best Data Center Stocks to Buy for the Long Term. The stock is up 51.58% from its price a year ago and 11.13% year-to-date. On April 16, JPMorgan raised its price target on CSCO to $96 from $95 and kept an Overweight rating on the shares. JPMorgan expects AI infrastructure investments across server, switches, copper interconnects, and optical to drive upside to AI-levered suppliers in the first quarter.
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Cisco earlier reported 10 percent revenue growth for the quarter ending January 24, 2026. Cisco said second-quarter net income on a GAAP basis registered at $3.2 billion or $0.80 per share, while non-GAAP net income was $4.1 billion or $1.04 per share.
Chuck Robbins, chair and CEO of Cisco, was encouraged by the results. In a statement, he said:
“Cisco’s strong second quarter and first half of fiscal 2026 demonstrate both the power of our portfolio and the fundamental role we continue to play in connecting and protecting customers in a rapidly evolving landscape.” “With over 40 years of customer trust, global scale, and a relentless focus on innovation, we believe Cisco is uniquely positioned to deliver the trusted infrastructure needed to securely and confidently power the AI-era,” he added.
Cisco Systems Inc. (NASDAQ:CSCO) designs, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products. The company’s offerings include routers, switches, cybersecurity solutions, and collaboration tools, serving a wide range of industries and customers globally.
While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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