Brokerages Set Arista Networks, Inc. (NYSE:ANET) Target Price at $225.76

Arista Networks, Inc. (NYSE:ANET) has earned a consensus rating of “Buy” from the twenty-five research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $225.7619.

A number of brokerages have recently issued reports on ANET. Evercore reaffirmed an “outperform” rating on shares of Arista Networks in a research report on Wednesday, August 5th. UBS Group reissued a “buy” rating and set a $259.00 target price (up from $187.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $240.00 price target (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Finally, Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research report on Wednesday, August 5th.

Arista Networks Trading Down 0.1%

ANET stock opened at $193.54 on Friday. The stock’s 50 day simple moving average is $183.52 and its 200 day simple moving average is $160.65. Arista Networks has a 12-month low of $114.52 and a 12-month high of $214.89. The firm has a market cap of $244.10 billion, a P/E ratio of 61.05, a P/E/G ratio of 2.30 and a beta of 1.62.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The firm’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same period last year, the business posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, research analysts forecast that Arista Networks will post 3.7 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kelly Battles sold 422 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $187.34, for a total transaction of $79,057.48. Following the transaction, the director directly owned 10,194 shares in the company, valued at $1,909,743.96. The trade was a 3.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of Arista Networks stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $185.42, for a total transaction of $3,213,884.86. Following the sale, the insider owned 12,976 shares in the company, valued at $2,406,009.92. This represents a 57.19% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 3,782,694 shares of company stock valued at $726,728,187 in the last quarter. 2.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Arista Networks

Several large investors have recently made changes to their positions in ANET. Cura Wealth Advisors LLC boosted its position in shares of Arista Networks by 3.1% during the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after purchasing an additional 52 shares in the last quarter. Madison Wealth Partners Inc grew its holdings in shares of Arista Networks by 2.8% during the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock worth $370,000 after buying an additional 60 shares in the last quarter. Intrua Financial LLC raised its holdings in shares of Arista Networks by 2.7% in the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after purchasing an additional 61 shares during the last quarter. Shepherd Financial Partners LLC lifted its position in Arista Networks by 1.2% during the 2nd quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock worth $918,000 after buying an additional 66 shares in the last quarter. Finally, NBT Bank N A NY boosted its position in Arista Networks by 37.2% during the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock valued at $30,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Company Profile

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.