Analysts Set Arista Networks, Inc. (NYSE:ANET) Target Price at $185.72

Arista Networks, Inc. (NYSE:ANET) has earned an average rating of “Buy” from the twenty-three ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, nineteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $185.7222.

ANET has been the subject of several recent research reports. Truist Financial set a $175.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. UBS Group reiterated a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and set a $180.00 target price on shares of Arista Networks in a report on Friday, May 1st. Raymond James Financial upgraded shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective for the company in a report on Friday, May 15th. Finally, Evercore restated an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a report on Friday, February 13th.

Insider Buying and Selling

In related news, insider Kenneth Duda sold 32,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at $1,740,600.64. The trade was a 71.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $75,944,320.00. Following the completion of the transaction, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. The trade was a 7.59% 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. Insiders sold a total of 1,935,142 shares of company stock worth $313,589,223 in the last three months. Insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Arista Networks

Hedge funds have recently added to or reduced their stakes in the stock. Board of the Pension Protection Fund bought a new stake in shares of Arista Networks during the 4th quarter valued at $26,000. Main Street Group LTD bought a new stake in shares of Arista Networks during the 1st quarter valued at $26,000. Sankala Group LLC bought a new stake in shares of Arista Networks during the 4th quarter valued at $27,000. Prosperity Bancshares Inc bought a new stake in shares of Arista Networks during the 4th quarter valued at $28,000. Finally, Knuff & Co LLC bought a new stake in shares of Arista Networks during the 3rd quarter valued at $29,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Price Performance

Shares of ANET opened at $170.91 on Thursday. Arista Networks has a one year low of $85.58 and a one year high of $179.80. The company has a 50-day simple moving average of $148.22 and a two-hundred day simple moving average of $137.86. The firm has a market capitalization of $215.20 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 2.46 and a beta of 1.67.

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

Arista Networks Company Profile

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.