10 Best Low Beta Tech Stocks to Buy According to Analysts

6. Cisco Systems Inc. (NASDAQ:CSCO)

Beta: 0.78

Potential Upside: 13%

Number of Hedge Fund Holders: 84

Cisco Systems Inc. (NASDAQ:CSCO) designs, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products. The company’s offerings include routers, switches, cybersecurity solutions, and collaboration tools, serving a wide range of industries and customers globally.

Analysts from BofA responded positively to Cisco Systems Inc. (NASDAQ:CSCO)’s Q2 2025 results and better than expected Q3 and FY 2025 guidance. They believe that the company is seeing a demand recovery after a few years of inventory absorption. Moreover, increasing investment in AI infrastructure is also leading to higher demand from cloud, service provider and enterprise verticals. The analysts expected Cisco to witness continued growth momentum in the rest of the year. They raised their price target on the shares to $76 from $72 while maintaining their Buy rating.