Arista Networks (NYSE:ANET) Announces Earnings Results, Beats Estimates By $0.07 EPS

Arista Networks (NYSE:ANET) released its earnings results on Thursday. The technology company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.07, FiscalAI reports. Arista Networks had a return on equity of 30.28% and a net margin of 39.73%.The business had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion.

Arista Networks Stock Performance

Shares of NYSE ANET traded down $4.87 during mid-day trading on Thursday, hitting $135.79. The stock had a trading volume of 15,903,688 shares, compared to its average volume of 8,565,094. The firm has a market cap of $171.00 billion, a PE ratio of 51.63, a PEG ratio of 2.42 and a beta of 1.42. The company has a 50 day moving average of $132.65 and a two-hundred day moving average of $136.71. Arista Networks has a twelve month low of $59.43 and a twelve month high of $164.94.

Insider Activity

In other news, CEO Jayshree Ullal sold 24,042 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $124.55, for a total value of $2,994,431.10. Following the sale, the chief executive officer owned 9,917 shares in the company, valued at $1,235,162.35. This represents a 70.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the transaction, the director owned 9,784 shares of the company’s stock, valued at $1,373,967.12. This represents a 44.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 216,464 shares of company stock valued at $27,553,548. Company insiders own 3.39% of the company’s stock.

Hedge Funds Weigh In On Arista Networks

Hedge funds have recently bought and sold shares of the business. CYBER HORNET ETFs LLC lifted its holdings in Arista Networks by 3.0% in the third quarter. CYBER HORNET ETFs LLC now owns 2,787 shares of the technology company’s stock valued at $406,000 after acquiring an additional 81 shares during the last quarter. Glenview Trust co raised its position in Arista Networks by 2.5% in the second quarter. Glenview Trust co now owns 3,502 shares of the technology company’s stock valued at $358,000 after purchasing an additional 84 shares during the period. Sepio Capital LP lifted its stake in shares of Arista Networks by 5.7% in the 4th quarter. Sepio Capital LP now owns 1,661 shares of the technology company’s stock valued at $218,000 after purchasing an additional 89 shares during the last quarter. Resources Management Corp CT ADV grew its holdings in shares of Arista Networks by 8.9% during the 2nd quarter. Resources Management Corp CT ADV now owns 1,601 shares of the technology company’s stock worth $164,000 after purchasing an additional 131 shares during the period. Finally, Evergreen Capital Management LLC increased its position in shares of Arista Networks by 1.6% during the 2nd quarter. Evergreen Capital Management LLC now owns 8,715 shares of the technology company’s stock worth $892,000 after purchasing an additional 137 shares during the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Q4 results beat — Arista reported $0.82 EPS vs. $0.75 expected and revenue of $2.49B vs. $2.38B consensus; net margin ~39.7% and ROE ~30.3%, signaling strong profitability and demand tailwinds. View Press Release
• Positive Sentiment: Analyst upgrade / higher price target — Rosenblatt raised its price target and issued a bullish note forecasting strong upside for ANET, adding buy-side momentum ahead of/after the print. Rosenblatt Raises Price Target For Arista Networks (ANET)
• Positive Sentiment: Heavy bullish options flow — unusually large call buying (44,291 calls; ~74% above average), suggesting short-term speculative or hedged bullish positioning that can amplify intraday moves. (internal trade report)
• Neutral Sentiment: Corporate release and CEO commentary — Business Wire recap of Q4 and FY2025 results highlights Arista 2.0 momentum and a milestone of 150M cumulative shipped ports, useful for longer-term revenue/market-share context. Arista Networks, Inc. Reports Fourth Quarter and Year End 2025 Financial Results
• Neutral Sentiment: Analyst sentiment was constructive heading into the print — several previews and coverage noted expected double-digit earnings growth, which may have set expectations that influenced today’s trade. Analyst Sentiment on Arista Networks (ANET) Remains Strong Ahead of Fiscal Q4 2025 Results
• Negative Sentiment: Risk article on AI concentration — coverage tying Arista’s growth to AI data-center demand also flags new risks (customer concentration, competitive pressure, product-cycle and macro sensitivity), which can raise investor caution despite the beat. Arista Networks Ties Growth To AI Data Centers Amid New Risks

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Rosenblatt Securities upped their target price on Arista Networks from $140.00 to $165.00 and gave the stock a “neutral” rating in a report on Tuesday. Morgan Stanley lowered their price objective on shares of Arista Networks from $171.00 to $159.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Piper Sandler upgraded shares of Arista Networks from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $145.00 to $159.00 in a report on Monday, January 5th. Barclays reiterated an “overweight” rating and set a $183.00 price objective (up from $179.00) on shares of Arista Networks in a research note on Wednesday, November 5th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Arista Networks in a report on Monday, December 29th. Seventeen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $166.00.

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.