Arista Networks, Inc. (NYSE:ANET – Free Report) – Stock analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for shares of Arista Networks in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings per share of $3.26 for the year, up from their previous estimate of $3.25. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Arista Networks’ current full-year earnings is $3.28 per share.
Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS.
Arista Networks Stock Down 0.8%
NYSE:ANET opened at $169.47 on Wednesday. The business’s 50-day moving average price is $166.08 and its 200 day moving average price is $149.32. The firm has a market cap of $213.40 billion, a P/E ratio of 58.04, a PEG ratio of 2.62 and a beta of 1.60. Arista Networks has a 52-week low of $114.52 and a 52-week high of $189.82.
Insider Activity at Arista Networks
In related news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the sale, the insider directly owned 182,543,048 shares of the company’s stock, valued at approximately $30,223,652,457.36. This represents a 0.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 242,422 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $188.17, for a total value of $45,616,547.74. Following the sale, the chief executive officer owned 5,171,095 shares of the company’s stock, valued at $973,044,946.15. The trade was a 4.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 2,308,316 shares of company stock valued at $383,563,775. Company insiders own 2.70% of the company’s stock.
Institutional Trading of Arista Networks
Institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Arista Networks in the 4th quarter valued at approximately $1,558,563,000. M&T Bank Corp lifted its position in Arista Networks by 3,182.7% in the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after buying an additional 3,890,146 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Arista Networks by 59.3% during the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after buying an additional 2,934,098 shares during the period. Pictet Asset Management Holding SA boosted its stake in shares of Arista Networks by 86.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock valued at $520,168,000 after buying an additional 1,960,829 shares during the period. Finally, Clearbridge Investments LLC purchased a new position in shares of Arista Networks during the 4th quarter valued at $198,285,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Analyst estimate raised: Erste Group Bank increased its FY2026 earnings forecast for Arista Networks to $3.26 per share from $3.25 and maintained a “Buy” rating. The revised estimate remains close to the broader consensus of $3.28, signaling continued confidence in the company’s earnings trajectory. Erste Group Bank earnings estimate report
- Positive Sentiment: Optimism ahead of earnings: Analysts expect Arista Networks to deliver earnings growth in its upcoming report, anticipated in early August. Positive estimate revisions, favorable analyst rankings and the potential for another earnings beat are supporting the bullish case for the stock. Arista Networks earnings expectations
- Neutral Sentiment: Peer comparisons highlight industry demand: Strong results from Corning, Sanmina and Celestica, driven by AI, cloud connectivity and optical demand, reinforce the broader data-center spending opportunity relevant to Arista. However, Arista underperformed competitors in the latest comparison, limiting the immediate benefit from the favorable sector backdrop. Arista Networks peer performance report
- Negative Sentiment: Valuation and concentration risks remain: Commentary comparing Arista with AMD notes that Arista’s premium profitability is accompanied by significant customer-concentration risk. With the shares trading at elevated valuation multiples, investors may demand strong guidance and execution from the upcoming report. AMD versus Arista Networks comparison
- Negative Sentiment: Insider sales add a modest sentiment headwind: Kenneth Duda sold a combined 43,333 shares worth approximately $7.4 million under a pre-arranged Rule 10b5-1 plan. Because the sales were planned, they do not necessarily indicate deteriorating business conditions, but they can weigh on investor sentiment. Arista Networks insider transaction filing
About Arista Networks
Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.
Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.
Read More
- Five stocks we like better than Arista Networks
- D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Insiders Sell, Institutions Buy: The AI Trade Is Getting More Interesting
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
Receive News & Ratings for Arista Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arista Networks and related companies with MarketBeat.com's FREE daily email newsletter.
