Arista Networks, Inc. (NYSE:ANET) Receives $187.63 Consensus Price Target from Brokerages

Arista Networks, Inc. (NYSE:ANET) has earned a consensus recommendation of “Buy” from the twenty-five analysts that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $187.6316.

Several research firms have recently weighed in on ANET. Truist Financial set a $175.00 price target on Arista Networks in a research note on Wednesday, May 6th. Bank of America increased their price target on Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Piper Sandler reiterated an “overweight” rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Rosenblatt Securities increased their price target on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, UBS Group restated a “buy” rating and issued a $187.00 target price (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th.

Arista Networks Price Performance

Shares of Arista Networks stock opened at $157.80 on Monday. Arista Networks has a 1 year low of $97.14 and a 1 year high of $179.80. The firm has a market cap of $198.70 billion, a PE ratio of 54.04, a P/E/G ratio of 2.55 and a beta of 1.61. The stock has a fifty day moving average price of $159.49 and a 200-day moving average price of $142.71.

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

Insider Activity

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the completion of the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the transaction, the insider owned 182,543,048 shares of the company’s stock, valued at approximately $30,223,652,457.36. This represents a 0.14% 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. In the last 90 days, insiders sold 2,647,080 shares of company stock valued at $431,329,762. 2.70% of the stock is owned by corporate insiders.

Institutional Trading of Arista Networks

Large investors have recently modified their holdings of the business. Lighthouse Financial Services Inc. ADV purchased a new position in Arista Networks in the 4th quarter worth approximately $1,549,000. Bensler LLC purchased a new position in Arista Networks in the 4th quarter worth approximately $6,350,000. QRG Capital Management Inc. increased its stake in Arista Networks by 6.4% in the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after purchasing an additional 10,217 shares during the period. Jefferies Financial Group Inc. increased its stake in Arista Networks by 59.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock worth $2,309,000 after purchasing an additional 6,591 shares during the period. Finally, Reaves W H & Co. Inc. purchased a new position in Arista Networks in the 4th quarter worth approximately $3,058,000. Institutional investors own 82.47% of the company’s stock.

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.