Cisco stock price forecast shows correlation with Nasdaq

Cisco stock price forecast shows correlation with Nasdaq Composite trends. With the index rallying 8% year-to-date, Cisco’s share momentum near $50 is likely to follow. Market expectations lean towards a gradual climb to $53 by Q4. Moreover, AnaChart.com, which tracks recent analyst recommendations, writes that 21 analysts have an average of $77.17 per share as their price targets. Is PG&E an AI Power Play? Why Options Traders Are Betting Big Analysts cite strong enterprise networking demand and AI-driven data center upgrades, projecting a 5–8% upside in the next quarter. Market volatility remains a factor, with tech sector rotation potentially impacting momentum.