TradingKey – Cisco Systems, Inc. (NASDAQ: CSCO) is one of the most unexpected stocks in the 2026 market. According to Yahoo Finance and Zacks Investment Research, the networking stock is up nearly 46% in value. The rally easily beats both the Nasdaq index performance, as well as the overall 14.6% gains achieved in the Computer and Technology Sector. But for a firm that was once thought of as a legacy hardware play, the surge raises the question: What’s changed?
What Drives Cisco’s 46% Growth?
The quick response: enterprise and hyperscale customers are upgrading their network gear sooner than planned, and many of those investments are directly associated with the build-out of AI data centers. The technology company’s stock has climbed…






