Cisco’s Vertical Rally May Still Be in the Early Innings

Summary

Cisco Systems NASDAQ: CSCO stock price is melting up because it has emerged as AI-critical and fundamental to the industry. Cisco Systems Today$115.53 +13.66 (+13.41%) As of 01:01 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$62.30▼$119.36Dividend Yield1.45%P/E Ratio40.56Price Target$108.32 Not only are its networking products enabling superior performance by reducing bottlenecks and latency, but its AI-native security is in demand by enterprises. Enterprises hesitant to rely heavily on AI, fearing errors and hallucinations, have begun to rally around Cisco’s products because they embed security into the AI architecture, enabling real-time monitoring and optimal performance. Get Cisco Systems alerts:Sign Up This once hum-drum legacy tech giant is back in an aggressive growth mode, with accelerating results in the forecast. Cisco’s Price Action Amid Dynamic Shift With Significant Gains to ComeThe technical forecast is interesting because it comprises two components. The first is the comparison to DotCom-era highs and other legacy tech names that have successfully converted to next-gen technology. They include names like Microsoft NASDAQ: MSFT, Oracle NYSE: ORCL, and International Business Machines NYSE: IBM, stocks whose prices tested, exceeded, and then doubled, tripled, or quadrupled their DotCom-era highs. Cisco, which recently broke its DotCom-era high, is rallying strongly and on track to do the same. The second element of the technical outlook is the near-term price action. Underpinned by results, accelerating growth, and hot guidance, CSCO’s market is rallying and accelerating, too. The latest action, triggered by the fiscal Q3 2026 earnings release, includes five large green candles, each revealing market strength and together indicating acceleration and strengthening, with the final three progressively larger. The move is accompanied by strong volume and a convergent MACD; other signs this market is getting strong...