By Khadija Saeed
Publication Date: 2026-02-04 18:05:00
New York, Feb 4, 2026, 12:42 (EST) — Regular session underway.
- Cisco shares dipped midday as investors weighed new contracts in sports-event technology.
- The networking giant will report results next week, with investors closely watching its guidance.
- Traders are keen to see if the buzz around “AI networking” will translate into actual orders and improved margins.
Cisco Systems (CSCO.O) shares dropped roughly 1.2% to $82.15 by midday Wednesday, having earlier reached $84.13. On Tuesday, the stock closed at $83.11.
Cisco’s recent pullback arrives amid a string of high-profile showcases, including Olympic broadcasting and Super Bowl connectivity, just days before it reports quarterly results. The big-name wins grab attention, but the numbers will ultimately shape the narrative.
Cisco announced it will release its fiscal 2026 second-quarter results after markets close on Feb. 11 and hold a conference call at 4:30 p.m. ET for the quarter ending Jan….