FY2027 EPS Estimate for Arista Networks Raised by Analyst

Arista Networks, Inc. (NYSE:ANET) – Research analysts at Erste Group Bank raised their FY2027 earnings per share (EPS) estimates for Arista Networks in a research report issued on Friday, June 5th. Erste Group Bank analyst H. Engel now anticipates that the technology company will earn $4.00 per share for the year, up from their prior forecast of $3.95. The consensus estimate for Arista Networks’ current full-year earnings is $3.27 per share.

A number of other brokerages also recently issued reports on ANET. Wolfe Research reissued an “outperform” rating and set a $175.00 price target on shares of Arista Networks in a research report on Wednesday. Barclays reaffirmed an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Citigroup reduced their target price on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Wells Fargo & Company raised their target price on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arista Networks presently has a consensus rating of “Buy” and a consensus price target of $185.95.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $151.71 on Thursday. The company has a market capitalization of $191.03 billion, a P/E ratio of 51.95, a P/E/G ratio of 2.35 and a beta of 1.61. Arista Networks has a 1 year low of $85.58 and a 1 year high of $179.80. The business’s 50 day simple moving average is $152.99 and its 200 day simple moving average is $139.55.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The business had revenue of $2.71 billion for 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 business posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS.

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 240,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $163.06, for a total transaction of $39,134,400.00. Following the completion of the transaction, the insider directly owned 331,848 shares of the company’s stock, valued at $54,111,134.88. This trade represents a 41.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. This represents 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 2,403,142 shares of company stock valued at $388,820,943 in the last three months. Insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ANET. Norges Bank bought a new position in shares of Arista Networks in the 4th quarter worth about $1,558,563,000. Arrowstreet Capital Limited Partnership raised its position in shares of Arista Networks by 82.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock worth $1,396,939,000 after acquiring an additional 4,332,659 shares in the last quarter. M&T Bank Corp raised its position in shares of Arista Networks by 3,182.7% in the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after acquiring an additional 3,890,146 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Arista Networks by 59.3% in the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock worth $1,032,302,000 after acquiring an additional 2,934,098 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its position in shares of Arista Networks by 86.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock worth $520,168,000 after acquiring an additional 1,960,829 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

More Arista Networks News

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

• Positive Sentiment: Arista introduced its new 7060XE7 Series 1.6T networking platforms for rack-scale AI infrastructure, reinforcing its role as a key supplier in AI data center buildouts. Article Title
• Positive Sentiment: Analysts remain constructive after Arista’s strong quarterly results, with several raising price targets and reiterating Buy ratings, which supports the bull case for continued earnings momentum. Article Title
• Positive Sentiment: Coverage also highlighted Arista’s debt-free balance sheet, rising cash reserves, and strong operating cash flow, suggesting the company can keep investing in AI and cloud growth. Article Title
• Neutral Sentiment: Several stories framed Arista as a major beneficiary of the AI infrastructure buildout, but this is more of a reaffirmation of the long-term growth story than a new catalyst. Article Title
• Negative Sentiment: Major shareholder Andreas Bechtolsheim disclosed another large stock sale under a pre-arranged 10b5-1 plan. While routine, repeated insider selling can still pressure sentiment on ANET. Article Title

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.