Arista Networks (NYSE:ANET) Trading 1.1% Higher – What’s Next?

Posted by George Bondi on Sep 4th, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report)’s stock price traded up 1.1% during trading on Friday . The stock traded as high as $197.10 and last traded at $193.54. Approximately 4,190,098 shares changed hands during trading, a decline of 50% from the average session volume of 8,333,188 shares. The stock had previously closed at $191.44.

Key Arista Networks News

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

Positive Sentiment: Arista’s latest quarterly results exceeded expectations, with EPS of $1.02 versus the $0.89 consensus and revenue of $3.04 billion versus $2.83 billion expected. Revenue increased 37.7% year over year, while third-quarter EPS guidance of $1.06–$1.08 signals continued growth. Arista Networks Offers Entry After 42% Gain Amid Earnings Beat; Data Center Demand Surging
Positive Sentiment: Investor enthusiasm remains tied to surging AI infrastructure and data-center demand, supply-chain improvements and Arista’s strong cash flow. These factors have helped ANET gain 37.3% over six months and support expectations for further growth. ANET Rises 37.3% in Six Months: Is There More Room to Grow?
Positive Sentiment: Deutsche Bank initiated coverage with a Buy rating and a $220 price target. The broader analyst consensus remains Buy, with an average target of $225.76, above the current trading range. UBS, Jefferies and Morgan Stanley have also set higher targets.
Neutral Sentiment: Arista edged higher while networking peer Ciena fell sharply after its in-line guidance overshadowed an earnings beat, potentially reinforcing Arista’s relative position in the data-center networking market. Ciena Corporation Tumbles 10% as In-Line Guidance Overshadows Earnings Beat, Arista Edges Higher
Negative Sentiment: CFO Chantelle Breithaupt sold 612 shares worth approximately $119,811. The sale reduced her holdings by only 0.87% and was made under a pre-arranged Rule 10b5-1 plan, limiting its significance but adding modest near-term selling pressure. Insider Selling: Arista Networks CFO Sells 612 Shares

Analyst Ratings Changes

Several analysts recently issued reports on ANET shares. Weiss Ratings downgraded Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. Rosenblatt Securities raised their target price on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. UBS Group reissued a “buy” rating and set a $259.00 price target (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. Needham & Company LLC restated a “buy” rating and set a $260.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $240.00 price objective (up from $181.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Arista Networks currently has a consensus rating of “Buy” and an average price target of $225.76.

Get Our Latest Report on ANET

Arista Networks Price Performance

The firm has a market capitalization of $244.10 billion, a P/E ratio of 61.05, a PEG ratio of 2.21 and a beta of 1.62. The firm’s fifty day moving average price is $182.22 and its 200-day moving average price is $159.92.

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

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of the company’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 completion of the sale, the chief executive officer directly owned 16,387,981 shares of the company’s stock, valued at approximately $3,297,589,536.82. This represents a 4.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of the sale, the insider owned 181,143,048 shares in the company, valued at $36,826,381,658.40. The trade was a 0.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 3,782,694 shares of company stock worth $726,728,187. 2.70% of the stock is owned by corporate insiders.

Institutional Trading of Arista Networks

Institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its holdings in shares of Arista Networks by 17,042.6% during the second quarter. California State Teachers Retirement System now owns 272,793,984 shares of the technology company’s stock valued at $46,342,242,000 after acquiring an additional 271,202,666 shares during the period. Norges Bank purchased a new stake in Arista Networks in the 4th quarter worth approximately $1,558,563,000. Jupiter Topco LLC acquired a new position in shares of Arista Networks in the second quarter worth $1,101,860,000. Alyeska Investment Group L.P. acquired a new position in shares of Arista Networks in the second quarter worth $537,736,000. Finally, Franklin Resources Inc. boosted its position in Arista Networks by 59.3% during the fourth quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after purchasing an additional 2,934,098 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 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.