Arista Networks (NYSE:ANET) Trading 1.1% Higher – Time to Buy?

Posted by George Bondi on Sep 17th, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report) shares shot up 1.1% during mid-day trading on Thursday . The company traded as high as $204.91 and last traded at $199.6870. Approximately 7,020,330 shares traded hands during trading, a decline of 14% from the average daily volume of 8,160,932 shares. The stock had previously closed at $197.54.

Wall Street Analysts Forecast Growth

Several research firms have commented on ANET. Barclays reissued an “overweight” rating and issued a $289.00 price objective (up from $195.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Citigroup reiterated a “buy” rating on shares of Arista Networks in a research note on Thursday, August 6th. Wells Fargo & Company restated an “overweight” rating and issued a $255.00 target price (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating on shares of Arista Networks in a report on Thursday, September 10th. Finally, Truist Financial lifted their price target on shares of Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $227.80.

View Our Latest Stock Analysis on Arista Networks

Arista Networks Trading Up 1.1%

The business has a 50 day simple moving average of $187.06 and a two-hundred day simple moving average of $163.65. The stock has a market cap of $251.85 billion, a price-to-earnings ratio of 62.99, a price-to-earnings-growth ratio of 2.29 and a beta of 1.62.

Arista Networks (NYSE:ANET – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter last year, the company earned $0.73 earnings per share. The business’s quarterly revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts anticipate that Arista Networks, Inc. will post 3.7 EPS for the current fiscal year.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38. Following the transaction, the chief executive officer owned 16,387,981 shares of the company’s stock, valued at $3,297,589,536.82. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the transaction, the insider owned 181,143,048 shares of the company’s stock, valued at approximately $36,826,381,658.40. The trade was a 0.17% 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 90 days, insiders sold 3,527,694 shares of company stock worth $684,665,787. Insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cura Wealth Advisors LLC grew its stake in shares of Arista Networks by 3.1% during the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after acquiring an additional 52 shares during the last quarter. Madison Wealth Partners Inc raised its position in shares of Arista Networks by 2.8% in the 2nd quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock valued at $370,000 after purchasing an additional 60 shares during the last quarter. Intrua Financial LLC boosted its stake in Arista Networks by 2.7% in the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after purchasing an additional 61 shares in the last quarter. Shepherd Financial Partners LLC boosted its stake in Arista Networks by 1.2% in the 2nd quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock worth $918,000 after purchasing an additional 66 shares in the last quarter. Finally, NBT Bank N A NY grew its position in Arista Networks by 37.2% during the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Company Profile

(Get Free Report)

Arista Networks, Inc designs, develops and sells cloud networking solutions for large data centers, cloud service providers, internet companies, enterprises and other organizations. Its portfolio includes high-performance Ethernet switches, routers and wireless networking products used to connect servers, storage systems, users and applications across data center and campus environments.

The company’s software offerings include Arista EOS, its Linux-based network operating system, and CloudVision, a cloud-based platform for network management, automation, monitoring and analytics.