Arista Networks, Inc. (NYSE:ANET) Receives $188.95 Average PT from Brokerages

Arista Networks, Inc. (NYSE:ANET) has been given an average rating of “Buy” by the twenty-five brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, twenty-two have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $188.9474.

Several equities research analysts have issued reports on the company. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Barclays reaffirmed an “overweight” rating and issued a $195.00 price target (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Citigroup lowered their price target on Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Wolfe Research reissued an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, June 10th. Finally, KeyCorp restated an “overweight” rating and issued a $200.00 price objective (up from $178.00) on shares of Arista Networks in a report on Thursday, June 18th.

Arista Networks Price Performance

Arista Networks stock opened at $174.37 on Friday. The firm has a 50 day simple moving average of $163.04 and a 200-day simple moving average of $147.91. The stock has a market cap of $219.57 billion, a price-to-earnings ratio of 59.72, a price-to-earnings-growth ratio of 2.60 and a beta of 1.60. Arista Networks has a 1-year low of $106.99 and a 1-year high of $189.82.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the company earned $0.65 EPS. The business’s revenue for the quarter was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities analysts expect that Arista Networks will post 3.28 earnings per share for the current fiscal year.

Insider Activity at Arista Networks

In related news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $167.06, for a total transaction of $1,336,480.00. Following the completion of the transaction, the director owned 192,333 shares of the company’s stock, valued at approximately $32,131,150.98. This trade represents a 3.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 234,578 shares of Arista Networks stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $187.18, for a total transaction of $43,908,310.04. Following the completion of the sale, the chief executive officer owned 5,134,207 shares of the company’s stock, valued at $961,020,866.26. This trade represents a 4.37% 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. Insiders have sold 2,264,983 shares of company stock valued at $376,175,065 in the last ninety days. Insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Arista Networks

Several hedge funds have recently bought and sold shares of ANET. Board of the Pension Protection Fund purchased a new stake in Arista Networks during the fourth quarter worth about $26,000. Sankala Group LLC purchased a new position in shares of Arista Networks in the fourth quarter valued at approximately $27,000. Prosperity Bancshares Inc purchased a new position in shares of Arista Networks in the fourth quarter valued at approximately $28,000. Main Street Group LTD acquired a new position in shares of Arista Networks in the first quarter valued at approximately $26,000. Finally, Quarry LP acquired a new position in shares of Arista Networks in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: Arista launched AI-driven Edge Threat Management for VeloCloud SD-WAN, expanding beyond data center networking into branch-office security and potentially opening a new growth avenue. Arista Networks (ANET) Launches AI Driven Zero Trust Security For Branch Offices
• Positive Sentiment: Arista is being highlighted as a stock that could beat Q2 earnings estimates again, supported by strong AI and cloud demand trends. Will Arista Networks (ANET) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Another earnings-preview piece also names Arista among software and tech names that may beat estimates this season, reinforcing upbeat sentiment ahead of results. 4 Software Stocks Likely to Beat Estimates This Earnings Season
• Neutral Sentiment: Recent articles noting Arista as a trending stock and comparing its performance to peers suggest heightened investor interest, but do not add a new fundamental catalyst. Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock
• Neutral Sentiment: A Trefis article argues Arista is making a big growth bet by building inventory and cutting buybacks, which could support future demand but also raises execution risk. How Much Upside Can ANET Stock’s Growth Deliver?

Arista Networks Company Profile

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.