Erste Group Bank Estimates Arista Networks FY2027 Earnings

Arista Networks, Inc. (NYSE:ANET) – Research analysts at Erste Group Bank raised their FY2027 earnings per share (EPS) estimates for shares of Arista Networks in a research report issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings of $4.79 per share for the year, up from their previous forecast of $4.74. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Arista Networks’ current full-year earnings is $3.79 per share.

Other research analysts have also issued research reports about the stock. Sanford C. Bernstein assumed coverage on shares of Arista Networks in a research note on Wednesday, September 30th. They issued an “outperform” rating and a $250.00 price target on the stock. Rosenblatt Securities increased their price objective on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Piper Sandler restated an “overweight” rating and set a $240.00 price objective (up from $181.00) on shares of Arista Networks in a report on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price objective on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Arista Networks in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $233.20.

Arista Networks Stock Performance

Shares of ANET stock opened at $170.57 on Friday. The company has a market capitalization of $215.13 billion, a P/E ratio of 53.81, a price-to-earnings-growth ratio of 2.14 and a beta of 1.60. The company’s 50 day moving average price is $196.80 and its two-hundred day moving average price is $176.29. Arista Networks has a 52 week low of $114.52 and a 52 week high of $217.41.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the firm earned $0.73 EPS. Arista Networks’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.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Gibbs Wealth Management acquired a new stake in Arista Networks during the third quarter worth approximately $361,000. Garrett Wealth Advisory Group LLC boosted its holdings in shares of Arista Networks by 7.8% during the third quarter. Garrett Wealth Advisory Group LLC now owns 1,285 shares of the technology company’s stock worth $262,000 after acquiring an additional 93 shares during the period. Winthrop Advisory Group LLC acquired a new position in shares of Arista Networks in the third quarter valued at approximately $238,000. Lighthouse Financial LLC grew its position in shares of Arista Networks by 20.2% in the third quarter. Lighthouse Financial LLC now owns 3,140 shares of the technology company’s stock valued at $639,000 after purchasing an additional 527 shares during the last quarter. Finally, Wedbush Securities Inc. increased its stake in shares of Arista Networks by 30.4% during the third quarter. Wedbush Securities Inc. now owns 12,746 shares of the technology company’s stock worth $2,595,000 after purchasing an additional 2,971 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Transactions at Arista Networks

In other news, CFO Chantelle Breithaupt sold 1,224 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $215.00, for a total transaction of $263,160.00. Following the completion of the transaction, the chief financial officer directly owned 68,697 shares of the company’s stock, valued at $14,769,855. This trade represents a 1.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark B. Templeton sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $204.37, for a total transaction of $1,021,850.00. Following the transaction, the director directly owned 48,410 shares of the company’s stock, valued at $9,893,551.70. This represents a 9.36% 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. Over the last quarter, insiders have sold 3,627,449 shares of company stock worth $741,235,386. 2.70% of the stock is currently owned by insiders.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Arista remains well positioned for long-term growth in AI data centers and cloud computing because its high-speed networking equipment is essential to expanding infrastructure. Analysts also highlight its strong net margins and exposure to major AI customers. Adobe vs. Arista Networks: Which Tech Stock Is a Better Buy in 2026? 4 Cloud Computing Stocks to Bet on for Solid Long-Term Gains
• Positive Sentiment: Broker recommendations remain broadly favorable, with Arista identified as a potential beneficiary of accelerating cloud demand and AI-related capital spending. However, the reliability of consensus ratings is questioned because sell-side analysts can be overly optimistic. Arista Networks Is Considered a Good Investment by Brokers
• Neutral Sentiment: Recent comparisons with Adobe, CrowdStrike and Datadog portray Arista as a high-quality technology company with strong profitability and AI exposure, but they are opinion-based rather than new company-specific developments. Arista Networks vs. CrowdStrike
• Negative Sentiment: TD Cowen cut its price target for Arista, adding pressure to investor sentiment and suggesting more limited near-term upside. Arista Networks Stock Gets Price Target Cut from TD Cowen
• Negative Sentiment: Investor concerns were amplified by an analysis arguing that Arista has limited pricing power and lacks a durable business model, raising questions about competitive differentiation and long-term margins. Arista Networks: No Pricing Power And No Durable Business Model
• Negative Sentiment: Insider Kenneth Duda sold 43,333 shares worth approximately $7.84 million under a pre-arranged Rule 10b5-1 plan. Although scheduled sales do not necessarily signal deteriorating fundamentals, the transactions may weigh on sentiment.

Arista Networks Company Profile

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.