Rosenblatt Securities Reaffirms Buy Rating for Arista Networks (NYSE:ANET)

Arista Networks (NYSE:ANET)‘s stock had its “buy” rating reiterated by research analysts at Rosenblatt Securities in a note issued to investors on Wednesday, Benzinga reports. They presently have a $280.00 target price on the technology company’s stock. Rosenblatt Securities‘s target price suggests a potential upside of 65.11% from the company’s previous close.

A number of other research firms have also weighed in on ANET. Sanford C. Bernstein began coverage on Arista Networks in a research note on Wednesday, September 30th. They issued an “outperform” rating and a $250.00 price objective for the company. Morgan Stanley reissued an “overweight” rating on shares of Arista Networks in a research note on Wednesday. Truist Financial boosted their price target on Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price target on Arista Networks in a research note on Wednesday, August 5th. Finally, Bank of America reaffirmed a “buy” rating and set a $240.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $232.95.

Arista Networks Stock Performance

Shares of Arista Networks stock opened at $169.58 on Wednesday. Arista Networks has a fifty-two week low of $114.52 and a fifty-two week high of $217.41. The company has a market capitalization of $213.88 billion, a P/E ratio of 53.49, a P/E/G ratio of 1.91 and a beta of 1.61. The company has a fifty day moving average of $194.30 and a 200 day moving average of $165.10.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.12. The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The business’s quarterly revenue was up 58.5% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. Analysts forecast that Arista Networks will post 3.79 EPS for the current year.

Insider Activity

In other news, CEO Jayshree Ullal sold 573,509 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $208.13, for a total transaction of $119,364,428.17. Following the completion of the transaction, the chief executive officer owned 25,000 shares in the company, valued at $5,203,250. This trade represents a 95.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 Arista Networks stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $198.95, for a total value of $59,685,000.00. Following the completion of the sale, the insider directly owned 180,543,048 shares in the company, valued at $35,919,039,399.60. This trade represents a 0.17% 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 have sold a total of 2,487,846 shares of company stock valued at $503,417,253 in the last three months. Insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Arista Networks

Several institutional investors have recently added to or reduced their stakes in ANET. Davidson Trust Co. bought a new position in Arista Networks during the third quarter valued at $3,512,000. Deutsche Bank AG grew its stake in shares of Arista Networks by 4.3% in the 2nd quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock worth $1,589,651,000 after buying an additional 388,354 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its stake in shares of Arista Networks by 2,827.9% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 52,381 shares of the technology company’s stock worth $10,664,000 after buying an additional 50,592 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services bought a new stake in shares of Arista Networks in the 1st quarter worth about $5,279,000. Finally, Whitaker Myers Wealth Managers LTD. increased its holdings in shares of Arista Networks by 564.1% in the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 16,847 shares of the technology company’s stock worth $2,862,000 after buying an additional 14,310 shares during the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Third-quarter revenue rose 58.5% year over year to $3.66 billion, above the $3.33 billion consensus, while earnings of $1.20 per share beat estimates of $1.08. Arista said revenue growth was its strongest since its IPO and reported record profitability. Article: Arista Networks Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management’s fourth-quarter guidance came in above analyst expectations. The company also highlighted its AI opportunity, projecting AI-related revenue to roughly double to about $7 billion in 2027, and pointed to a 2027 revenue outlook of roughly $18.5 billion. Article: Arista Networks Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Major shareholder Andreas Bechtolsheim sold 267,892 shares for about $45.9 million under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 0.15%; he still owns more than 180 million shares, making the transaction a limited change in his position. Article: Arista Networks Major Shareholder Sells Shares
• Negative Sentiment: Gross margin slipped as product sales represented a larger portion of revenue. Coverage also noted that the growth pace implied by the fourth-quarter outlook may ease, which could temper enthusiasm despite the strong results. Article: Arista Revenue Up 58% as Q4 Outlook Slows

About Arista Networks

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.