NEW YORK, Jan 2, 2026, 21:07 ET — Market closed
- Cisco ended down about 1.3% at $76.04 in the first U.S. session of 2026.
- The stock traded ex-dividend for a $0.41 quarterly payout due Jan. 21. Nasdaq
- Investors are watching the Jan. 9 U.S. jobs report and Jan. 13 inflation data and big-bank earnings for the next rates signal. Reuters
Cisco Systems, Inc. shares fell on Friday, ending the first trading day of 2026 down about 1.3% at $76.04.
The move matters now because investors are heading into the first full trading week of the year with a heavy slate of U.S. economic data and the start of quarterly earnings season. Those catalysts can reset interest-rate expectations and risk appetite, which often ripple through large-cap tech. Reuters
Cisco also traded ex-dividend on Friday — the date when new buyers no longer qualify for the next dividend payment. Nasdaq
U.S. stocks were mixed to slightly higher overall. The S&P 500 rose 0.2% on Friday while the Nasdaq was little changed, according to an Associated Press summary of the close. AP News
Cisco is due to pay a quarterly dividend of $0.41 per share on Jan. 21 to shareholders of record as of Jan. 2, the company said in its latest earnings release. Nasdaq data lists Jan. 2 as the ex-dividend date. Cisco Investor Relations
At Friday’s close, the dividend amounted to roughly half a percent of Cisco’s share price, meaning the day’s decline went beyond a mechanical dividend adjustment.
Investors have been weighing Cisco’s AI-linked networking story since November, when the company raised its fiscal 2026 forecast on demand for networking equipment tied to data-center buildouts, Reuters reported. Reuters
Cisco’s last quarterly update showed networking revenue growth outpacing other segments, while security revenue was down year-on-year, according to the company’s earnings statement. Cisco Investor Relations
Peers sent a mixed signal on Friday. Arista Networks rose about 2%, while cybersecurity names including Palo Alto Networks, Fortinet and CrowdStrike fell between roughly 2% and 3%, according to price data.
The broader market is still searching for a catalyst after a choppy finish to 2025. “The market is looking for direction,” Matthew Maley, chief market strategist at Miller Tabak, told Reuters. Reuters
The next major macro test is the U.S. employment report due Jan. 9, followed by the monthly consumer price index report on Jan. 13. Investors will also be gearing up for fourth-quarter earnings season, with JPMorgan results due Jan. 13, Reuters reported. Reuters
Before next session, traders will be watching whether rates expectations shift on the incoming data and early earnings headlines — a common driver of day-to-day swings in large-cap tech. Reuters
Cisco’s next earnings report is expected on Feb. 11, according to Nasdaq and Yahoo Finance calendars. That update is likely to be the next major company-specific catalyst for CSCO, with investors focused on demand commentary and any guidance changes. Nasdaq
From a near-term trading perspective, Cisco finished Friday near the lower end of its session range after touching $75.61 at the low and $77.26 at the high. Those levels are likely to be on watch as the market heads into next week’s data-heavy calendar.