Arista Networks, Inc. (NYSE:ANET) Receives $187.63 Average Target Price from Brokerages

Arista Networks, Inc. (NYSE:ANET) has been given a consensus rating of “Buy” by the twenty-five ratings firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $187.6316.

Several research firms recently weighed in on ANET. Weiss Ratings downgraded Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 15th. Deutsche Bank Aktiengesellschaft raised Arista Networks to a “buy” rating in a research report on Wednesday, June 10th. Rosenblatt Securities raised their target price on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Citigroup lowered their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, Barclays reissued an “overweight” rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th.

Arista Networks Price Performance

Arista Networks stock opened at $157.80 on Monday. The stock’s fifty day moving average price is $159.49 and its two-hundred day moving average price is $142.81. Arista Networks has a one year low of $97.14 and a one year high of $179.80. The firm has a market cap of $198.70 billion, a PE ratio of 54.04, a price-to-earnings-growth ratio of 2.43 and a beta of 1.61.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts expect that Arista Networks will post 3.27 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In other news, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. The trade was a 7.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the transaction, the insider owned 182,543,048 shares in the company, valued at $30,223,652,457.36. The trade was a 0.14% decrease in their position. 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. Insiders have sold a total of 2,647,080 shares of company stock valued at $431,329,762 in the last quarter. Company insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Arista Networks

A number of hedge funds have recently modified their holdings of ANET. Norges Bank bought a new stake in Arista Networks during the 4th quarter valued at $1,558,563,000. Arrowstreet Capital Limited Partnership raised its holdings in Arista Networks by 82.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after acquiring an additional 4,332,659 shares during the period. M&T Bank Corp increased its holdings in shares of Arista Networks by 3,182.7% in the fourth quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after purchasing an additional 3,890,146 shares during the period. Franklin Resources Inc. increased its holdings in shares of Arista Networks by 59.3% in the fourth quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock worth $1,032,302,000 after purchasing an additional 2,934,098 shares during the period. Finally, Pictet Asset Management Holding SA increased its holdings in shares of Arista Networks by 86.0% in the first quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock worth $520,168,000 after purchasing an additional 1,960,829 shares during the period. Institutional investors own 82.47% of the company’s stock.

About Arista Networks

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.