Arista Networks (ANET) – Analysts’ Recent Ratings Changes

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

• 3/5/2025 – Arista Networks was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $115.00 price target on the stock, up previously from $112.00.
• 2/19/2025 – Arista Networks had its price target raised by analysts at Wells Fargo & Company from $115.00 to $125.00. They now have an “overweight” rating on the stock.
• 2/19/2025 – Arista Networks had its price target raised by analysts at Barclays PLC from $125.00 to $126.00. They now have an “overweight” rating on the stock.
• 2/19/2025 – Arista Networks had its price target raised by analysts at UBS Group AG from $106.00 to $112.00. They now have a “neutral” rating on the stock.
• 2/19/2025 – Arista Networks had its “neutral” rating reaffirmed by analysts at Piper Sandler. They now have a $108.00 price target on the stock, up previously from $106.00.
• 2/19/2025 – Arista Networks had its price target raised by analysts at The Goldman Sachs Group, Inc. from $135.00 to $145.00. They now have a “buy” rating on the stock.
• 2/19/2025 – Arista Networks had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $145.00 price target on the stock.
• 2/19/2025 – Arista Networks had its price target raised by analysts at Citigroup Inc. from $115.00 to $121.00. They now have a “buy” rating on the stock.
• 2/18/2025 – Arista Networks had its “sell” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $80.00 price target on the stock.
• 1/17/2025 – Arista Networks had its price target raised by analysts at Evercore ISI from $110.00 to $130.00. They now have an “outperform” rating on the stock.
• 1/17/2025 – Arista Networks had its price target raised by analysts at The Goldman Sachs Group, Inc. from $120.00 to $135.00. They now have a “buy” rating on the stock.

Arista Networks Stock Down 2.4 %

Shares of Arista Networks stock traded down $2.04 during trading on Friday, reaching $82.30. The company’s stock had a trading volume of 8,752,390 shares, compared to its average volume of 10,882,746. The business has a 50 day moving average price of $109.52 and a 200-day moving average price of $102.02. Arista Networks, Inc. has a 12-month low of $60.08 and a 12-month high of $133.57. The company has a market capitalization of $103.79 billion, a P/E ratio of 37.07, a price-to-earnings-growth ratio of 3.10 and a beta of 1.09.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Arista Networks had a net margin of 40.72% and a return on equity of 29.91%. The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Insider Activity

In other Arista Networks news, SVP Marc Taxay sold 51,848 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $88.59, for a total transaction of $4,593,214.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Kenneth Duda sold 80,000 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $118.47, for a total value of $9,477,600.00. Following the completion of the sale, the senior vice president now directly owns 12,976 shares in the company, valued at approximately $1,537,266.72. The trade was a 86.04 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 411,289 shares of company stock worth $42,355,417. Company insiders own 3.54% of the company’s stock.

Hedge Funds Weigh In On Arista Networks

Institutional investors have recently added to or reduced their stakes in the business. Caitlin John LLC increased its stake in Arista Networks by 174.7% during the fourth quarter. Caitlin John LLC now owns 239 shares of the technology company’s stock worth $26,000 after acquiring an additional 152 shares during the last quarter. Capital Advisors Ltd. LLC lifted its stake in shares of Arista Networks by 335.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 248 shares of the technology company’s stock worth $27,000 after acquiring an additional 191 shares in the last quarter. Cranbrook Wealth Management LLC boosted its stake in shares of Arista Networks by 300.0% during the 4th quarter. Cranbrook Wealth Management LLC now owns 264 shares of the technology company’s stock valued at $29,000 after buying an additional 198 shares during the last quarter. Trust Co. of Vermont boosted its stake in Arista Networks by 300.0% during the 4th quarter. Trust Co. of Vermont now owns 264 shares of the technology company’s stock valued at $29,000 after acquiring an additional 198 shares during the last quarter. Finally, New Millennium Group LLC lifted its position in shares of Arista Networks by 300.0% during the fourth quarter. New Millennium Group LLC now owns 260 shares of the technology company’s stock worth $29,000 after purchasing an additional 195 shares during the last quarter. 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.