New York, Feb 8, 2026, 11:31 AM ET — The market is closed.
- Cisco shares climbed roughly 3% on Friday, pushing further toward new highs.
- Cisco’s quarterly numbers drop after the bell on Feb. 11, marking the next major catalyst.
- Eyes are on how AI infrastructure demand shapes up, and if guidance can withstand this turbulent stretch for tech stocks.
Cisco Systems finished Friday at $84.82, climbing 2.99% and putting the networking gear giant just shy of multiyear highs as it enters a pivotal earnings week. 1
This is key ahead of Cisco’s fiscal Q2 numbers, landing Wednesday after the bell. Traders are zeroed in on what the report might reveal about enterprise network budgets and AI-related demand. 2
Investors are rethinking their appetite for big tech and “AI trade” names following recent volatility, despite U.S. stocks bouncing back sharply by Friday’s close. 3
Cisco shares moved higher Friday, joining the surge that lifted the Dow past 50,000 for the first time ever, while the S&P 500 advanced close to 2%. 4
Cisco’s set to report quarterly earnings, and Kiplinger’s consensus has the bar at $1.02 a share. Investors are watching closely to see if the company can maintain momentum in switching, routing, and security—areas that could get squeezed as some customers pull back on spending. 5
Investors.com flagged that Wall Street is looking for roughly $15.1 billion in revenue, and described Cisco as something of a steady pick despite the tech sector’s recent slump. 6
Networking and security names didn’t sit out the rally Friday—Arista Networks surged close to 7%, while Fortinet tacked on nearly 5%. Both moves spotlighted just how reactive the space can be to any whiff of data-center or enterprise spending news. 7
Even so, the tape hasn’t eased up. “The selloff in the names that carried markets higher may have paused,” said Tim Murray, capital markets strategist at T. Rowe Price, with investors darting into cheaper stocks after the whipsaw. 3
Cisco faces the possibility that clients push back tech refreshes, or that major cloud players put the brakes on their outlays—setting up a scenario where a pre-earnings rally flips fast if the company’s outlook falls flat. Investors haven’t shaken off concerns about the lag between AI investment and actual profit. 3
Cisco plans to report results after the bell on Feb. 11, with its conference call set for 4:30 p.m. ET. 2
Eyes now turn to Wednesday, when the company delivers its report. What matters: any shift in management’s tone about orders and the pipeline for AI-related infrastructure in the back half of the fiscal year. 2
