Arista Networks (NYSE:ANET) Stock Price Up 1.3% – Time to Buy?

Posted by on Aug 10th, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report)’s stock price rose 1.3% during mid-day trading on Monday . The stock traded as high as $195.70 and last traded at $191.09. 5,424,842 shares traded hands during trading, a decline of 37% from the average daily volume of 8,661,521 shares. The stock had previously closed at $188.67.

Analyst Ratings Changes

A number of research analysts have recently commented on ANET shares. Weiss Ratings cut Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their price objective on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Citigroup reiterated a “buy” rating on shares of Arista Networks in a research report on Thursday. The Goldman Sachs Group reissued a “buy” rating and set a $225.00 target price on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Morgan Stanley restated an “overweight” rating and issued a $220.00 price target (up from $190.00) on shares of Arista Networks in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $226.05.

Get Our Latest Stock Report on Arista Networks

Arista Networks Trading Up 1.3%

The firm has a market cap of $241.01 billion, a PE ratio of 60.28, a P/E/G ratio of 2.17 and a beta of 1.60. The business’s 50-day simple moving average is $170.89 and its 200 day simple moving average is $152.48.

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 for the quarter, topping 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 firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter in the prior year, the company earned $0.73 EPS. The company’s 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. Analysts expect that Arista Networks, Inc. will post 3.33 earnings per share for the current year.

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the completion of the sale, the chief executive officer owned 16,387,981 shares in the company, valued at $3,297,589,536.82. This represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction 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 sale, the insider directly owned 181,443,048 shares in the company, valued at $36,887,371,658.40. This trade represents a 0.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,707,811 shares of company stock valued at $665,839,139 in the last three months. 2.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Arista Networks

A number of institutional investors have recently added to or reduced their stakes in ANET. Norges Bank acquired a new stake in shares of Arista Networks during the fourth quarter worth $1,558,563,000. M&T Bank Corp grew its holdings in shares of Arista Networks by 3,182.7% during the fourth quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after buying an additional 3,890,146 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Arista Networks by 59.3% in 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 acquiring an additional 2,934,098 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Arista Networks by 34.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after acquiring an additional 2,497,275 shares during the period. Finally, Pictet Asset Management Holding SA raised its stake in Arista Networks by 86.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock worth $520,168,000 after acquiring an additional 1,960,829 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

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.

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