15 Best AI Stocks That Will Make You Rich in 10 Years

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

On June 25, 2026, KeyBanc raised its price target on Cisco Systems, Inc. (NASDAQ:CSCO) to $130 from $125 and kept an Overweight rating. KeyBanc’s chief investment officer survey for the first half of 2026 showed that the gap “between the haves and the have-nots in the IT budget just got wider.” The firm said AI and AI-readiness spending rose sharply in priority, and it recommended investors stick with security, data, infrastructure, and monitoring names.

On June 16, Equinix (EQIX) expanded its collaboration with Cisco and Nvidia (NVDA) to accelerate enterprise AI. The companies will enable customers to deploy Cisco Secure AI Factory with Nvidia across Equinix’s global data center network, using standardized AI factory blueprints and automation. Equinix is also working with Presidio to deploy the Programmable AI Technology Hub Lab, a real-world environment inside Equinix data centers where customers can test, validate, and refine AI infrastructure before broader deployment.

On June 12, Morgan Stanley raised its price target on Cisco to $130 from $120 and kept an Overweight rating. Morgan Stanley said Cisco and Arista Networks (ANET) remain its preferred ways to play “an underappreciated front-end networking refresh cycle,” as inference and rising CPU intensity drive a front-end refresh.

Cisco Systems, Inc. (NASDAQ:CSCO) designs, develops, and sells technologies that help power, secure, and draw insights from the internet across the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China.

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