NEW YORK, December 28, 2025, 9:25 PM ET — Market closed
- Cisco ended Friday up about 0.2% at $78.16 in light post-Christmas trading.
- Wall Street’s main indexes slipped slightly on Friday in a thin session, with investors looking toward the final trading days of 2025.
- Fed meeting minutes due Tuesday are a key near-term catalyst; Cisco’s next earnings are expected in February.
Cisco Systems (CSCO) shares ended Friday up about 0.2% at $78.16, after a subdued post-Christmas session on Wall Street.
The move matters because markets are heading into the final three trading days of 2025 with lighter-than-normal volumes, when year-end positioning can exaggerate price swings in big, widely held stocks.
Investors are also focused on the Federal Reserve’s interest-rate outlook, with minutes from its most recent policy meeting due Tuesday, a release that can reset expectations for how quickly borrowing costs fall in 2026.
On Friday, the Dow fell 0.04%, the S&P 500 lost 0.03% and the Nasdaq slid 0.09% as a five-session rally paused, according to market data cited by Reuters.
“We had a very strong five-day rally, so in a way we’re just simply catching our breath today after the holiday,” said Ryan Detrick, chief market strategist at Carson Group. Reuters
Cisco, a major supplier of networking gear and related software, has been in focus for investors looking at how corporate spending shifts as companies build out data centers and update campus networks.
In November, Cisco said it was seeing “a multi-year, multi-billion-dollar campus refresh opportunity” ramping, and it guided for second-quarter revenue of $15.0 billion to $15.2 billion. Cisco Investor Relations
The stock has pulled back from earlier December levels. Cisco last closed at $80.25 on Dec. 10 and hit an intraday high of $80.82 that day, according to Twelve Data.
Among peers, data-center networking supplier Arista Networks ended Friday higher by about 0.8%, reflecting how the group can move with broader sentiment toward infrastructure spending.
Before the next session, investors will be watching for year-end portfolio adjustments and any signs of rotation that could move large-cap technology names, as equities sit near record levels.
Fed minutes due Tuesday could be a focal point for rate expectations. The central bank has lowered its benchmark rate by 75 basis points — or 0.75 percentage point — over its last three meetings of 2025 to 3.50%–3.75%, Reuters reported.
For Cisco, the next major company catalyst is its next quarterly report, expected on Feb. 11, 2026, according to Public.com’s earnings calendar data. Investors will be looking for updates on demand trends and whether Cisco’s outlook for revenue and margins holds up as budgets reset for the new year.
Cisco also has a quarterly dividend of $0.41 per share scheduled to be paid on Jan. 21, 2026, to shareholders of record as of Jan. 2, the company said.
Technically, Cisco traded between $77.93 and $78.28 on Friday. A move back toward $80 would put the stock within striking distance of its December peak.
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