Arista Networks’ (ANET) Overweight Rating Reiterated at Piper Sandler

Posted by George Bondi on Aug 5th, 2026

Arista Networks (NYSE:ANET – Get Free Report)‘s stock had its “overweight” rating reaffirmed by research analysts at Piper Sandler in a report released on Wednesday,Benzinga reports. They presently have a $240.00 target price on the technology company’s stock, up from their prior target price of $181.00. Piper Sandler’s target price would suggest a potential upside of 21.64% from the stock’s previous close.

ANET has been the subject of several other reports. Wells Fargo & Company reaffirmed an “overweight” rating and set a $255.00 target price (up from $200.00) on shares of Arista Networks in a research note on Wednesday. Bank of America reiterated a “buy” rating and issued a $240.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $220.00 price target on shares of Arista Networks in a research note on Wednesday. Citigroup reduced their target price on Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $225.00 target price on shares of Arista Networks in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $221.10.

Get Our Latest Stock Analysis on Arista Networks

Arista Networks Trading Up 3.6%

ANET traded up $6.79 during midday trading on Wednesday, hitting $197.30. 11,228,581 shares of the company were exchanged, compared to its average volume of 8,632,355. Arista Networks has a 1-year low of $114.52 and a 1-year high of $214.89. The firm has a market capitalization of $248.44 billion, a price-to-earnings ratio of 67.21, a price-to-earnings-growth ratio of 2.84 and a beta of 1.60. The company’s 50 day simple moving average is $168.68 and its 200 day simple moving average is $151.16.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities analysts anticipate that Arista Networks will post 3.28 EPS for the current year.

Insider Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $167.06, for a total value of $1,336,480.00. Following the transaction, the director directly owned 192,333 shares of the company’s stock, valued at $32,131,150.98. The trade was a 3.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 26,000 shares of the stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $170.51, for a total value of $4,433,260.00. Following the sale, the insider directly owned 462,400 shares of the company’s stock, valued at $78,843,824. The trade was a 5.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,300,316 shares of company stock valued at $382,160,575 over the last ninety days. 2.70% of the stock is owned by insiders.

Institutional Trading of Arista Networks

Several large investors have recently modified their holdings of ANET. Brighton Jones LLC lifted its stake in Arista Networks by 321.7% in the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after buying an additional 5,955 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Arista Networks during the fourth quarter valued at $202,000. Bison Wealth LLC acquired a new position in Arista Networks in the 4th quarter valued at about $251,000. Sivia Capital Partners LLC lifted its holdings in Arista Networks by 48.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock valued at $1,097,000 after purchasing an additional 3,496 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in shares of Arista Networks by 31.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after purchasing an additional 1,000 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks News Roundup

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

Positive Sentiment: Q2 results exceeded expectations: Arista reported adjusted earnings of $1.02 per share, versus the $0.89 analyst consensus, while revenue reached $3.04 billion—up 37.7% year over year and above the $2.83 billion estimate. It was the company’s first quarter with revenue above $3 billion. Arista Networks Q2 Earnings and Revenues Surpass Estimates
Positive Sentiment: AI demand is supporting growth: Management cited strong orders across AI infrastructure, cloud data centers, campus networks and routing. The company is also introducing 1.6-terabit-per-second AI networking systems designed to improve performance and reduce power consumption. Arista Forecasts Upbeat Quarterly Revenue on AI-Driven Networking Demand
Positive Sentiment: Guidance was well above consensus: Arista projected third-quarter revenue of approximately $3.3 billion and EPS of $1.06–$1.08, compared with Wall Street estimates of about $2.9 billion and $0.89, respectively. It also raised its 2026 revenue outlook to $12.6 billion for the third time as supply availability improves and allows more shipments. Arista Projects $12.6 Billion 2026 Revenue
Positive Sentiment: Analyst sentiment strengthened: Rosenblatt Securities raised its price target from $210 to $280 and maintained a Buy rating, reflecting confidence in Arista’s AI networking opportunity and revised growth outlook. Analysts Boost Forecasts After Upbeat Q2 Results
Negative Sentiment: Valuation and execution risks remain: After the rally, ANET carries a high earnings multiple and a market capitalization above $250 billion, leaving the stock vulnerable if AI infrastructure spending slows, supply improvements disappoint or results fail to support elevated expectations.

About Arista Networks

(Get Free Report)

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.