Arista Networks (NYSE:ANET) Given New $205.00 Price Target at TD Cowen

Posted by Stanley Muller on Oct 20th, 2026

Arista Networks (NYSE:ANET – Free Report) had its price objective trimmed by TD Cowen from $250.00 to $205.00 in a research note released on Monday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

Several other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft began coverage on Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 target price for the company. KeyCorp reiterated 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. Evercore reaffirmed an “outperform” rating on shares of Arista Networks in a research report on Wednesday, October 7th. Wells Fargo & Company reissued an “overweight” rating and issued a $255.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Citigroup reissued a “buy” rating and set a $248.00 target price (up from $215.00) on shares of Arista Networks in a research report on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $233.20.

Read Our Latest Research Report on ANET

Arista Networks Stock Performance

NYSE ANET opened at $182.88 on Monday. The stock has a fifty day moving average of $198.29 and a 200-day moving average of $175.18. The stock has a market capitalization of $230.65 billion, a P/E ratio of 57.69, a price-to-earnings-growth ratio of 2.06 and a beta of 1.60. Arista Networks has a 52 week low of $114.52 and a 52 week high of $217.41.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly earnings data 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 return on equity of 30.65% and a net margin of 38.37%. The firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the previous year, the business posted $0.73 EPS. The company’s quarterly 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. Equities research analysts forecast that Arista Networks will post 3.79 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Mark Templeton sold 5,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $204.37, for a total value of $1,021,850.00. Following the completion of the transaction, the director directly owned 48,410 shares of the company’s stock, valued at $9,893,551.70. This trade represents a 9.36% decrease in their ownership of the stock. The transaction was disclosed in a legal 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, CEO Jayshree Ullal sold 130,553 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 4,774,691 shares of the company’s stock, valued at approximately $1,036,585,416.10. This represents a 2.66% 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. Over the last quarter, insiders have sold 3,584,116 shares of company stock valued at $733,396,013. 2.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ANET. State Street Corp lifted its holdings in shares of Arista Networks by 159.4% in the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock worth $20,606,975,000 after acquiring an additional 74,541,134 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Arista Networks by 34.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock worth $1,712,788,000 after purchasing an additional 2,497,275 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Arista Networks by 199.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock worth $1,635,978,000 after buying an additional 6,409,612 shares during the period. Deutsche Bank AG boosted its holdings in Arista Networks by 4.3% in the second quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after acquiring an additional 388,354 shares in the last quarter. Finally, Amundi boosted its stake in shares of Arista Networks by 5.7% during the 1st quarter. Amundi now owns 9,064,443 shares of the technology company’s stock valued at $1,112,932,000 after purchasing an additional 491,173 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors.

Arista Networks Company Profile

(Get Free Report)

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.