Arista Networks, Inc. (ANET) – What Are Brokerages Thinking About This Stock?

Arista Networks, Inc. (NYSE:ANET) has received a consensus recommendation of “Buy” from the twenty-four brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has 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 twelve-month target price among brokers that have issued a report on the stock in the last year is $233.20.

Several research firms have weighed in on ANET. Needham & Company LLC reissued a “buy” rating and issued a $260.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Sanford C. Bernstein began coverage on Arista Networks in a research report on Wednesday, September 30th. They issued an “outperform” rating and a $250.00 target price on the stock. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a research note on Monday, August 31st. They set a “buy” rating and a $220.00 target price on the stock. Finally, UBS Group reissued a “buy” rating and set a $259.00 target price (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th.

More Arista Networks News

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

• Positive Sentiment: Arista’s exposure to AI infrastructure and hyperscale data-center expansion remains a key long-term growth driver. One valuation analysis estimated the stock could be approximately 23% undervalued if AI networking demand, product launches and supply-chain execution meet expectations. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
• Positive Sentiment: Analysts continue to highlight strong AI-networking demand, product innovation and Arista’s high return on equity. The company’s latest reported quarter showed 37.7% year-over-year revenue growth, with revenue and earnings exceeding consensus estimates.
• Neutral Sentiment: Investors are focused on the November 3 earnings release for evidence that demand for high-speed networking products remains strong and that Arista can sustain its growth trajectory. Consensus expectations call for continued earnings growth, while management’s prior third-quarter EPS guidance was $1.06-$1.08.
• Negative Sentiment: Near-term sentiment is being pressured by profit-taking, elevated valuation and uncertainty over supply-chain costs. Commentary ahead of earnings noted that the stock had fallen nearly 10% over the past month, increasing concern that expectations may already be demanding. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
• Negative Sentiment: Investors are also monitoring the rollout of Prometheus networking, which may create execution and adoption questions until additional details are provided. Arista’s high earnings multiple makes the stock particularly sensitive to any weaker outlook or margin pressure. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus

Arista Networks Price Performance

ANET stock opened at $184.12 on Friday. The company has a fifty day moving average price of $195.48 and a two-hundred day moving average price of $164.48. Arista Networks has a one year low of $114.52 and a one year high of $217.41. The stock has a market cap of $232.21 billion, a price-to-earnings ratio of 58.08, a price-to-earnings-growth ratio of 2.17 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.13. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company’s revenue was up 37.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts anticipate that Arista Networks will post 3.79 EPS for the current fiscal year.

Insider Activity at Arista Networks

In other news, CEO Jayshree Ullal sold 130,553 shares of the 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 sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible 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 stock in a transaction that occurred 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 transaction, the director owned 48,410 shares in the company, valued at $9,893,551.70. The trade was a 9.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 3,627,449 shares of company stock valued at $741,235,386. Company insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Arista Networks

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

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.