Stock Markets February 11, 2026

After-Hours Movers: Cisco, AppLovin, Fastly, HubSpot, McDonald's and Porch Lead Post-Close Activity

Quarterly reports and forward guidance drive pronounced after-hours swings across networking, adtech, cloud and consumer names

By Marcus Reed CSCO APP FSLY HUBS MCD
After-Hours Movers: Cisco, AppLovin, Fastly, HubSpot, McDonald's and Porch Lead Post-Close Activity
CSCO APP FSLY HUBS MCD

Several notable stocks moved sharply in after-hours trading following quarterly results and forward guidance. Cisco posted revenue guidance slightly above consensus but its report was viewed as underwhelming, while AppLovin and HubSpot both missed investor enthusiasm despite beats. Fastly and Porch produced sizable gains after results and outlook exceeded expectations. McDonald’s logged a sales beat that supported a modest advance.

Key Points

  • Mixed after-hours reactions followed earnings and guidance across networking, adtech, cloud, CRM software, quick-service restaurants and home services.
  • Fastly and Porch posted notable positive moves after results and guidance beat estimates; Cisco, AppLovin and HubSpot declined despite some guidance or beats due to market expectations.
  • Sectors directly impacted include technology infrastructure, digital advertising, cloud services, CRM software and consumer-facing restaurant and services businesses.

Stocks across multiple sectors experienced significant after-hours volatility as companies released quarterly results and forecasts. The moves were concentrated in networking, advertising technology, cloud infrastructure, customer relationship software and consumer-facing chains.

Cisco Systems (CSCO) slipped 3% in after-hours trade. The networking giant set FY2026 revenue guidance in a range of $61.2 to $61.7 billion, which compares with a consensus estimate of $60.77 billion. Market reaction suggested investors considered the overall quarterly report to be lackluster despite guidance that was slightly above the consensus figure.

AppLovin (APP) declined 7% after reporting quarterly results that beat consensus estimates on the top line. Revenue for the quarter totaled $1.66 billion, outpacing the consensus estimate of $1.61 billion. The stock drop reflected the fact that expectations had been elevated heading into the print.

Fastly, Inc. (FSLY) rallied 22% after publishing quarterly results and guidance that outperformed analyst estimates. For Q1 2026, Fastly provided EPS guidance in a range of $0.07 to $0.10, versus a consensus estimate of $0.01, a gap that appeared to drive the strong after-hours uptick.

HubSpot (HUBS) fell 4% despite reporting solid results for the final quarter of 2025 on both the top and bottom lines. For FY2026, HubSpot offered EPS guidance of $12.38 to $12.46, above the consensus forecast of $11.46, yet the stock moved lower after the report.

McDonald’s (MCD) rose 1.5% after the quick-service restaurant chain posted fourth-quarter global comparable sales that increased 5.7%, topping estimates of 3.8%. The comp gain was cited as the driver behind the modest positive response in after-hours trading.

Porch Group (PRCH) climbed 18% after reporting fourth-quarter EPS of ($0.03), which was $0.04 better than the analyst estimate of ($0.07). Revenue for the quarter was $124.3 million, above the consensus estimate of $108.23 million, supporting a substantial after-hours move.


The after-hours activity highlighted divergent investor responses: some companies saw strong rallies when results and guidance exceeded expectations, while others moved lower despite beats or guidance above consensus because market expectations had already been elevated or the broader print failed to impress.

Risks

  • Elevated expectations ahead of earnings can produce downside moves even when companies report numbers above consensus, as seen with AppLovin and HubSpot - this affects investor sentiment in the adtech and software sectors.
  • Market participants may react negatively to results characterized as lackluster despite guidance above consensus, illustrated by Cisco's after-hours decline - this creates uncertainty for networking and hardware suppliers.
  • Sharp after-hours gains or losses can reflect concentrated sentiment and guidance sensitivity, which introduces volatility risk for stocks in cloud infrastructure and niche services, such as Fastly and Porch.

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