Rosenblatt Securities Reaffirms “Buy” Rating for Arista Networks (NYSE:ANET)

Arista Networks (NYSE:ANET)‘s stock had its “buy” rating reissued by Rosenblatt Securities in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $280.00 price target on the technology company’s stock. Rosenblatt Securities‘s price target would suggest a potential upside of 65.11% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on the company. Barclays reiterated an “overweight” rating and issued a $289.00 price objective (up from $195.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Wells Fargo & Company restated an “overweight” rating on shares of Arista Networks in a research report on Wednesday. Deutsche Bank Aktiengesellschaft assumed coverage on Arista Networks in a research note on Monday, August 31st. They issued a “buy” rating and a $220.00 target price on the stock. Piper Sandler reaffirmed an “overweight” rating and issued a $240.00 price target (up from $181.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, BNP Paribas Exane upgraded Arista Networks to a “strong-buy” rating in a research report on Wednesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $232.95.

Arista Networks Price Performance

NYSE ANET opened at $169.58 on Wednesday. Arista Networks has a 1 year low of $114.52 and a 1 year high of $217.41. The stock has a market capitalization of $213.88 billion, a PE ratio of 53.49, a P/E/G ratio of 1.91 and a beta of 1.61. The company’s 50 day simple moving average is $194.30 and its two-hundred day simple moving average is $165.10.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.08 by $0.12. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.33 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business’s quarterly revenue was up 58.5% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. On average, research analysts anticipate that Arista Networks will post 3.79 EPS for the current year.

Insider Activity

In other news, CEO Jayshree Ullal sold 130,553 shares of the firm’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $217.10, for a total transaction of $28,343,056.30. Following the sale, the chief executive officer owned 4,774,691 shares in the company, valued at approximately $1,036,585,416.10. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Templeton sold 5,000 shares of Arista Networks stock in a transaction 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 2,487,846 shares of company stock worth $503,417,253. Corporate 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 company. State Street Corp lifted its position in shares of Arista Networks by 159.4% during the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after buying an additional 74,541,134 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Arista Networks by 34.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after acquiring an additional 2,497,275 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Arista Networks by 199.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after acquiring an additional 6,409,612 shares during the period. Deutsche Bank AG increased its holdings in Arista Networks by 4.3% in 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 in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Arista Networks by 5.9% in the 2nd quarter. Wellington Management Group LLP now owns 8,440,963 shares of the technology company’s stock worth $1,433,951,000 after acquiring an additional 470,451 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: Third-quarter revenue rose 58.5% year over year to $3.66 billion, above the $3.33 billion consensus, while earnings of $1.20 per share beat estimates of $1.08. Arista said revenue growth was its strongest since its IPO and reported record profitability. Article: Arista Networks Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management’s fourth-quarter guidance came in above analyst expectations. The company also highlighted its AI opportunity, projecting AI-related revenue to roughly double to about $7 billion in 2027, and pointed to a 2027 revenue outlook of roughly $18.5 billion. Article: Arista Networks Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Major shareholder Andreas Bechtolsheim sold 267,892 shares for about $45.9 million under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 0.15%; he still owns more than 180 million shares, making the transaction a limited change in his position. Article: Arista Networks Major Shareholder Sells Shares
• Negative Sentiment: Gross margin slipped as product sales represented a larger portion of revenue. Coverage also noted that the growth pace implied by the fourth-quarter outlook may ease, which could temper enthusiasm despite the strong results. Article: Arista Revenue Up 58% as Q4 Outlook Slows

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.