Arista Networks, Inc. (NYSE:ANET – Get Free Report) has earned a consensus recommendation of “Buy” from the twenty-three analysts that are covering the firm, MarketBeat.com reports. Twenty-one analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $231.70.
A number of equities research analysts recently commented on ANET shares. The Goldman Sachs Group reiterated a “buy” rating and set a $225.00 price target on shares of Arista Networks in a report on Wednesday, August 5th. Wolfe Research restated an “outperform” rating and set a $175.00 price target on shares of Arista Networks in a research report on Wednesday, June 10th. KeyCorp restated an “overweight” rating and issued a $250.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Citigroup reissued a “buy” rating on shares of Arista Networks in a research note on Thursday, August 6th. Finally, Zacks Research upgraded shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th.
View Our Latest Analysis on Arista Networks
Arista Networks Stock Performance
Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $2.83 billion. During the same period in the prior year, the business posted $0.73 earnings per share. The company’s revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, research analysts predict that Arista Networks will post 3.74 EPS for the current year.
Insider Transactions at Arista Networks
In other news, insider Kenneth Duda sold 17,333 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $203.50, for a total transaction of $3,527,265.50. Following the completion of the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at $2,640,616. The trade was a 57.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Templeton sold 5,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $204.37, for a total transaction of $1,021,850.00. Following the sale, the director owned 48,410 shares of the company’s stock, valued at approximately $9,893,551.70. This represents a 9.36% 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 three months, insiders sold 3,387,316 shares of company stock valued at $676,926,570. Company insiders own 2.70% of the company’s stock.
Institutional Investors Weigh In On Arista Networks
Hedge funds and other institutional investors have recently modified their holdings of the stock. Juncture Wealth Strategies LLC purchased a new stake in Arista Networks in the third quarter worth about $766,000. Legacy Private Trust Co. purchased a new position in shares of Arista Networks in the third quarter worth $10,008,000. Horizons Wealth Management purchased a new stake in Arista Networks in the 3rd quarter worth $163,000. Neville Rodie & Shaw Inc. purchased a new stake in shares of Arista Networks in the third quarter worth about $4,026,000. Finally, Baker Tilly Wealth Management LLC bought a new position in shares of Arista Networks during the 3rd quarter valued at approximately $280,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.
Arista Networks News Roundup
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista Networks was identified as one of the leading AI-stock buys as the S&P 500 reached a new high. The move reflects continued investor enthusiasm for networking suppliers positioned to benefit from hyperscaler and AI data-center spending. Dow Jones Futures: S&P 500 Hits High As Astera, GE Vernova, Arista Lead Buys, But These Stocks Tumble
- Positive Sentiment: AI networking demand lifted Arista alongside Cisco and Ciena, reinforcing expectations that cloud and AI infrastructure investment can drive sustained demand for Ethernet switching and related software. Arista Networks Advances 4% While Ciena Soars 11% on AI Networking Demand
- Positive Sentiment: Bernstein began coverage with an Outperform rating, adding fresh institutional validation to Arista’s growth outlook. MarketBeat also cited a broad analyst consensus of “Buy,” with a consensus price target above the recent trading level. Bernstein starts coverage of Arista Networks stock at Outperform
- Positive Sentiment: The company’s latest reported quarter showed revenue growth of 37.7% year over year and earnings above analyst expectations. Its strong balance sheet—reported cash of approximately $13.3 billion and no debt—also strengthens financial flexibility.
- Neutral Sentiment: Arista Networks will report third-quarter 2026 results after the market closes on November 3, giving investors a forthcoming catalyst to assess whether AI-driven demand is translating into results and guidance. Arista Networks to Announce Q3 2026 Financial Results
- Negative Sentiment: Director Mark Templeton sold 5,000 shares worth about $1.02 million under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled, it is a limited bearish signal, though it may temper sentiment at elevated valuation levels. Arista Networks Stock: Insider Mark Templeton Sells 5,000 Shares
Arista Networks Company Profile
Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.
The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.
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