Arista Networks (NYSE:ANET) Research Coverage Started at Melius Research

Posted by Brenda Bartman on Nov 7th, 2026

Melius Research assumed coverage on shares of Arista Networks (NYSE:ANET – Free Report) in a research report sent to investors on Wednesday,Zacks reports. The brokerage issued a strong-buy rating on the technology company’s stock.

Several other equities research analysts have also weighed in on ANET. Needham & Company LLC reiterated a “buy” rating and issued a $260.00 target price on shares of Arista Networks in a report on Wednesday. BNP Paribas Exane upgraded shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, October 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $280.00 target price on shares of Arista Networks in a report on Wednesday. Citigroup restated a “buy” rating and set a $248.00 price objective (up from $215.00) on shares of Arista Networks in a research note on Thursday, October 8th. Finally, TD Cowen reduced their price target on shares of Arista Networks from $250.00 to $205.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and an average target price of $240.24.

Check Out Our Latest Research Report on ANET

Arista Networks Stock Up 7.2%

Arista Networks stock opened at $170.70 on Wednesday. Arista Networks has a 52-week low of $114.52 and a 52-week high of $217.41. The firm has a market cap of $215.29 billion, a PE ratio of 45.89, a price-to-earnings-growth ratio of 1.91 and a beta of 1.61. The company’s 50 day moving average is $192.59 and its two-hundred day moving average is $165.70.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.12. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.33 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company’s revenue for the quarter was up 58.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 earnings per share. On average, equities research analysts anticipate that Arista Networks will post 3.83 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 130,553 shares of the company’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $217.10, for a total value of $28,343,056.30. Following the sale, the chief executive officer directly owned 4,774,691 shares in the company, valued at $1,036,585,416.10. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 267,892 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $171.19, for a total value of $45,860,431.48. Following the completion of the sale, the insider owned 180,275,156 shares in the company, valued at $30,861,303,955.64. The trade was a 0.15% decrease in their position. 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 quarter, insiders sold 2,380,998 shares of company stock worth $482,687,801. 2.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Main Street Group LTD purchased a new stake in Arista Networks in the first quarter worth about $26,000. William Mack & Associates Inc. purchased a new stake in shares of Arista Networks in the third quarter valued at about $27,000. ABS Investment Management LLC acquired a new position in shares of Arista Networks during the 2nd quarter worth approximately $29,000. ABS Direct Equity Fund LLC purchased a new stake in Arista Networks during the second quarter valued at about $29,000. Finally, Kelleher Financial Advisors acquired a new stake in Arista Networks during the 2nd quarter valued at approximately $31,000. 82.47% of the stock is currently owned by institutional investors.

More Arista Networks News

Here are the key news stories impacting Arista Networks this week:

Positive Sentiment: Arista reported third-quarter revenue of $3.66 billion, up 58.5% year over year and above estimates, while EPS of $1.20 also beat expectations. The company raised its outlook, citing demand for AI data-center networking, Ethernet adoption, and growth across hyperscale and enterprise customers. Read More.
Positive Sentiment: Analyst support offers another tailwind: Melius Research initiated coverage with a “strong-buy” rating, while other recent reports cited buy ratings and bullish price targets. Read More.
Neutral Sentiment: The recent selloff has left investors debating whether the pullback creates a buying opportunity. ANET has declined substantially over the past month despite its strong results, leaving sentiment divided. Read More.
Negative Sentiment: Valuation and customer concentration remain risks: Arista’s premium forward earnings multiple leaves less room for disappointment, while reliance on a limited number of large customers could make growth more vulnerable to spending changes. Read More.
Negative Sentiment: Shares have also faced pressure from a broader AI-infrastructure stock selloff and reported insider sales. Those sales included transactions under pre-arranged trading plans, but can still add to near-term investor caution. Read More.

About Arista Networks

(Get Free Report)

Arista Networks, Inc develops software-driven networking products for large data centers, cloud environments, AI workloads, and enterprise campuses. Its offerings include Ethernet switches and routers, along with software and services for managing, monitoring, and securing networks.

The company’s software portfolio includes its Extensible Operating System (EOS), which runs across its networking platforms, and CloudVision, a platform for network automation and management. Arista’s products are used by cloud providers, businesses, and other organizations to connect and manage computing infrastructure.

Founded in 2004 and headquartered in Santa Clara, California, Arista serves customers worldwide.