14 Best Cloud Computing Stocks to Buy Right Now

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9. Cisco Systems, Inc. (NASDAQ:CSCO)

Number of Hedge Fund Holders: 74

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the 14 Best Cloud Computing Stocks to Buy Right Now. On February 12, UBS lifted its price target on Cisco Systems, Inc. (NASDAQ:CSCO)’s stock to $95 from $90, while keeping a “Buy” rating. The analyst highlighted that the company’s AI order momentum ramped up during the quarter, fueling FY 2026 revenue visibility and growth potential for FY 2027.

Seperately, on February 9, JPMorgan analyst Samik Chatterjee lifted the price objective on Cisco Systems, Inc. (NASDAQ:CSCO)’s stock to $95 from $90 while keeping an “Overweight” rating, as reported by The Fly. The analyst believes that the company’s stock is trading at the near-term peak valuation multiple. Despite the current trading levels, Cisco Systems, Inc. (NASDAQ:CSCO) has the potential to post upside to estimates, thanks to the revenue growth acceleration.

Furthermore, the firm opines that its partnership with Nvidia can help in enterprise AI adoption moving forward.

Cisco Systems, Inc. (NASDAQ:CSCO) is engaged in designing, developing, and selling technologies, which can help in powering, securing, and drawing insights from the internet. It offers data center switching, network security, identity and access management, etc.

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