Research Analysts’ Recent Ratings Updates for Arista Networks (ANET)

Arista Networks (NYSE: ANET) has recently received a number of price target changes and ratings updates:

• 5/15/2025 – Arista Networks had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $130.00 price target on the stock.
• 5/13/2025 – Arista Networks had its price target raised by analysts at Citigroup Inc. from $97.00 to $112.00. They now have a “buy” rating on the stock.
• 5/8/2025 – Arista Networks had its price target lowered by analysts at Barclays PLC from $126.00 to $119.00. They now have an “overweight” rating on the stock.
• 5/7/2025 – Arista Networks was downgraded by analysts at KGI Securities to a “neutral” rating.
• 5/7/2025 – Arista Networks had its “neutral” rating reaffirmed by analysts at Piper Sandler. They now have a $89.00 price target on the stock, up previously from $76.00.
• 5/7/2025 – Arista Networks had its price target raised by analysts at Rosenblatt Securities from $85.00 to $87.00. They now have a “neutral” rating on the stock.
• 5/7/2025 – Arista Networks had its price target raised by analysts at Citigroup Inc. from $92.00 to $97.00. They now have a “buy” rating on the stock.
• 5/7/2025 – Arista Networks had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $130.00 to $115.00. They now have a “buy” rating on the stock.
• 5/7/2025 – Arista Networks had its price target lowered by analysts at Needham & Company LLC from $145.00 to $130.00. They now have a “buy” rating on the stock.
• 5/1/2025 – Arista Networks had its price target raised by analysts at Morgan Stanley from $73.00 to $100.00. They now have an “overweight” rating on the stock.
• 4/29/2025 – Arista Networks was upgraded by analysts at Rosenblatt Securities from a “sell” rating to a “neutral” rating. They now have a $85.00 price target on the stock, up previously from $55.00.
• 4/22/2025 – Arista Networks had its price target lowered by analysts at Rosenblatt Securities from $85.00 to $55.00. They now have a “sell” rating on the stock.
• 4/17/2025 – Arista Networks had its price target lowered by analysts at JPMorgan Chase & Co. from $140.00 to $110.00. They now have an “overweight” rating on the stock.
• 4/15/2025 – Arista Networks had its price target lowered by analysts at Evercore ISI from $130.00 to $100.00. They now have an “outperform” rating on the stock.
• 4/14/2025 – Arista Networks had its price target lowered by analysts at Citigroup Inc. from $121.00 to $92.00. They now have a “buy” rating on the stock.
• 4/8/2025 – Arista Networks had its price target lowered by analysts at Morgan Stanley from $118.00 to $73.00. They now have an “overweight” rating on the stock.
• 4/8/2025 – Arista Networks had its price target lowered by analysts at Piper Sandler from $108.00 to $76.00. They now have a “neutral” rating on the stock.

Arista Networks Stock Down 1.1%

ANET opened at $95.60 on Wednesday. The firm has a market cap of $120.07 billion, a P/E ratio of 43.06, a PEG ratio of 3.10 and a beta of 1.38. The business’s fifty day simple moving average is $80.93 and its 200 day simple moving average is $97.18. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $133.58.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Arista Networks had a net margin of 40.72% and a return on equity of 29.91%. The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period last year, the company earned $0.50 EPS. As a group, equities analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Insider Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $89.03, for a total transaction of $712,240.00. Following the completion of the sale, the director now directly owns 147,784 shares in the company, valued at $13,157,209.52. This represents a 5.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jayshree Ullal sold 138,351 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $93.88, for a total value of $12,988,391.88. Following the completion of the transaction, the chief executive officer now directly owns 92,641 shares in the company, valued at $8,697,137.08. This trade represents a 59.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 410,755 shares of company stock worth $37,045,233 over the last quarter. 3.39% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Arista Networks

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitlin John LLC boosted its position in shares of Arista Networks by 174.7% in the fourth quarter. Caitlin John LLC now owns 239 shares of the technology company’s stock worth $26,000 after buying an additional 152 shares during the period. Capital Advisors Ltd. LLC boosted its holdings in Arista Networks by 335.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 248 shares of the technology company’s stock worth $27,000 after acquiring an additional 191 shares during the period. New Millennium Group LLC boosted its holdings in Arista Networks by 300.0% in the 4th quarter. New Millennium Group LLC now owns 260 shares of the technology company’s stock worth $29,000 after acquiring an additional 195 shares during the period. Quarry LP grew its position in Arista Networks by 381.5% in the fourth quarter. Quarry LP now owns 260 shares of the technology company’s stock valued at $29,000 after acquiring an additional 206 shares in the last quarter. Finally, Dunhill Financial LLC raised its stake in shares of Arista Networks by 415.7% during the fourth quarter. Dunhill Financial LLC now owns 263 shares of the technology company’s stock valued at $29,000 after purchasing an additional 212 shares during the period. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.