Arista Networks, Inc. (NYSE:ANET) Receives $163.94 Consensus Target Price from Brokerages

Shares of Arista Networks, Inc. (NYSE:ANET) have been assigned an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $163.9375.

A number of brokerages have commented on ANET. Rosenblatt Securities raised their price objective on Arista Networks from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, September 12th. Piper Sandler raised their target price on Arista Networks from $89.00 to $143.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Barclays raised their target price on Arista Networks from $151.00 to $179.00 and gave the company an “overweight” rating in a report on Friday, September 12th. William Blair restated an “outperform” rating on shares of Arista Networks in a report on Friday, September 12th. Finally, Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th.

Arista Networks Stock Performance

Shares of Arista Networks stock opened at $143.10 on Wednesday. Arista Networks has a 52 week low of $59.43 and a 52 week high of $162.68. The stock has a 50 day moving average price of $142.11 and a two-hundred day moving average price of $111.43. The stock has a market capitalization of $179.86 billion, a PE ratio of 56.28, a price-to-earnings-growth ratio of 2.98 and a beta of 1.47.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter last year, the firm posted $0.53 earnings per share. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. Arista Networks has set its Q3 2025 guidance at EPS. Research analysts forecast that Arista Networks will post 2.2 EPS for the current year.

Insider Buying and Selling at Arista Networks

In other news, CEO Jayshree Ullal sold 1,785,165 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $136.22, for a total value of $243,175,176.30. Following the transaction, the chief executive officer owned 5,698,074 shares in the company, valued at $776,191,640.28. This trade represents a 23.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 6,622,904 shares of company stock valued at $887,794,521 in the last 90 days. 3.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ANET. Bare Financial Services Inc lifted its holdings in Arista Networks by 2,118.2% during the second quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock worth $25,000 after acquiring an additional 233 shares during the period. HighMark Wealth Management LLC lifted its holdings in Arista Networks by 179.7% during the first quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock worth $28,000 after acquiring an additional 230 shares during the period. AdvisorNet Financial Inc lifted its holdings in Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Cloud Capital Management LLC bought a new stake in Arista Networks during the first quarter worth $30,000. Finally, Saudi Central Bank bought a new stake in Arista Networks during the first quarter worth $33,000. Institutional investors own 82.47% of the company’s stock.

Arista Networks Company Profile

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.