Arista Networks (NYSE:ANET) Price Target Raised to $250.00

Arista Networks (NYSE:ANET) had its price target lifted by equities researchers at TD Cowen from $210.00 to $250.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. TD Cowen’s target price suggests a potential upside of 26.31% from the company’s current price.

A number of other research firms have also recently commented on ANET. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Rosenblatt Securities boosted their price target on Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday. Truist Financial upped their price objective on shares of Arista Networks from $175.00 to $234.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings lowered shares of Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $226.05.

Arista Networks Stock Up 3.9%

Shares of NYSE ANET traded up $7.41 during trading hours on Wednesday, hitting $197.92. 16,401,637 shares of the stock were exchanged, compared to its average volume of 8,668,110. Arista Networks has a 12 month low of $114.52 and a 12 month high of $214.89. The firm has a fifty day moving average price of $168.68 and a 200-day moving average price of $151.16. The company has a market cap of $249.22 billion, a PE ratio of 68.33, a PEG ratio of 2.84 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the firm posted $0.73 earnings per share. The business’s quarterly revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, equities analysts anticipate that Arista Networks will post 3.28 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Jayshree Ullal sold 242,422 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $188.17, for a total value of $45,616,547.74. Following the sale, the chief executive officer owned 5,171,095 shares in the company, valued at $973,044,946.15. This represents a 4.48% decrease in their ownership of the stock. 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, insider Kenneth Duda sold 32,000 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $140.08, for a total transaction of $4,482,560.00. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at approximately $1,817,678.08. This trade represents a 71.15% decrease in their position. 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 three months, insiders have sold 2,300,316 shares of company stock valued at $382,160,575. Company insiders own 2.70% of the company’s stock.

Institutional Trading of Arista Networks

Several large investors have recently made changes to their positions in ANET. Vanguard Group Inc. raised its holdings in shares of Arista Networks by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock worth $13,258,877,000 after purchasing an additional 1,188,799 shares during the last quarter. State Street Corp boosted its holdings in Arista Networks by 1.4% in the fourth quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock valued at $6,154,570,000 after purchasing an additional 628,146 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Arista Networks by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock worth $4,870,618,000 after purchasing an additional 380,724 shares during the period. Geode Capital Management LLC grew its position in Arista Networks by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock worth $3,455,095,000 after purchasing an additional 477,625 shares during the period. Finally, Norges Bank purchased a new position in shares of Arista Networks during the 4th quarter valued at about $1,558,563,000. 82.47% of the stock is owned by hedge funds and other institutional investors.

More Arista Networks News

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

• Positive Sentiment: Q2 results exceeded expectations: Arista reported adjusted EPS of $1.02, above the $0.89 consensus estimate, while revenue rose 37.7% year over year to $3.04 billion, surpassing the $2.83 billion forecast. The quarter marked the company’s first period with more than $3 billion in revenue. Arista Networks Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: AI-driven demand is supporting growth: Strong orders from AI, cloud, data-center, campus and routing customers helped drive the performance. Arista also highlighted improving supply availability, which is allowing it to ship more products. Arista forecasts upbeat quarterly revenue on AI-driven networking demand
• Positive Sentiment: Guidance was raised: Arista projected third-quarter revenue of approximately $3.3 billion and EPS of $1.06-$1.08, both above analyst expectations. The company also lifted its 2026 revenue outlook to $12.6 billion, its third increase this year. Arista projects $12.6B 2026 revenue
• Positive Sentiment: Analysts raised targets: Rosenblatt increased its target to $280 and assigned a Buy rating, while Piper Sandler raised its target to $240 and maintained Overweight. Truist lifted its target to $234 and upgraded the stock to Buy, signaling continued confidence in Arista’s earnings momentum.
• Neutral Sentiment: Valuation and execution risks remain: The rally has pushed Arista’s market capitalization above $250 billion and left the shares trading at a high earnings multiple. Investors may therefore remain sensitive to AI spending trends, supply-chain execution and the company’s ability to sustain its rapid growth rate.

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.