Cisco stock shrugs off tech rout, with Olympics networking deal and Feb. 11 earnings in focus

Shares of Cisco Systems Inc. climbed 1.5%, ending Thursday at $82.36.

New York, Feb 5, 2026, 21:18 (ET) — Market closed.

  • Cisco shares gained on Thursday, bucking the broader U.S. market decline.
  • NBC Sports has chosen Cisco to provide networking technology for its coverage of the Milan-Cortina Winter Games kicking off this week.
  • All eyes are on Cisco’s Feb. 11 earnings, where investors hope to gauge demand and future guidance.

Shares of Cisco Systems Inc. NASDAQ:CSCO climbed 1.5%, ending Thursday at $82.36.

Cisco bucked the downtrend in a tough day for U.S. stocks, closing just 2% shy of the 52-week high it hit the previous session.

Why it matters now: Cisco plans to release its fiscal second-quarter results after the market closes on Wednesday, Feb. 11. A conference call will follow at 4:30 p.m. ET.

The broader market grew volatile on big-tech spending news. Wall Street took a sharp hit Thursday as investors questioned if the heavy AI bets will pay off. Alphabet’s announcement of up to $185 billion in capital expenditures through 2026 raised concerns, Reuters reported.

Cisco has fresh news ahead of next week’s earnings. NBC Sports picked Cisco to supply “AI networking technology” for its all-IP production of the 2026 Milan Cortina Winter Olympics and Paralympics, scheduled for Feb. 6–22 and March 6–15. Cisco Newsroom

Cisco President and Chief Product Officer Jeetu Patel said NBC Sports can “scale” its all‑IP production by “integrating more AI into the workflow than ever before,” according to the NBC Sports announcement. NBC Sports

NBCUniversal’s network engineering lead, Cliff Ryan, revealed the broadcaster has ramped up its WAN to handle increased traffic and is leveraging Cisco’s network automation tools. The rollout also introduces VXLAN — a method to extend networks across locations — into the Olympics production setup, according to a guest column on SiliconANGLE.

The run-up leaves almost no margin for mistakes. Even a cautious note on orders or guidance, or hints that customers are delaying refresh cycles, could unsettle a stock trading close to recent highs.

Feb. 11 brings Cisco’s earnings after the market closes. The day also features crucial U.S. labor data: January’s Employment Situation report, out at 8:30 a.m. ET.

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech. Her coverage ranges from stocks and technology to emerging industries and developments across global markets. She studied economics and finance at the London School of Economics and worked in market research before becoming a financial journalist. Follow Khadija Saeed on Google News.

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