Arista Networks, Inc. (NYSE:ANET) Given Consensus Rating of “Buy” by Brokerages

Shares of Arista Networks, Inc. (NYSE:ANET) have been given a consensus rating of “Buy” by the twenty-three brokerages that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $185.7222.

ANET has been the topic of a number of recent analyst reports. 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 research report on Friday, February 13th. UBS Group reissued a “buy” rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Piper Sandler reissued an “overweight” rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research report on Friday, May 1st. Finally, Needham & Company LLC reissued a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th.

Arista Networks Stock Down 2.4%

Shares of ANET opened at $154.17 on Thursday. The business’s 50 day moving average is $146.62 and its two-hundred day moving average is $137.31. Arista Networks has a 52-week low of $83.86 and a 52-week high of $179.80. The firm has a market cap of $194.13 billion, a price-to-earnings ratio of 52.80, a PEG ratio of 2.43 and a beta of 1.67.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same period in the prior year, the company posted $0.65 EPS. Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities analysts expect that Arista Networks will post 3.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Arista Networks

In related news, Director Kelly Bodnar Battles sold 422 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total transaction of $61,797.68. Following the sale, the director directly owned 10,078 shares of the company’s stock, valued at approximately $1,475,822.32. This represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $175.40, for a total value of $1,403,200.00. Following the sale, the director directly owned 208,333 shares in the company, valued at approximately $36,541,608.20. This represents a 3.70% 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. In the last 90 days, insiders sold 1,706,885 shares of company stock worth $277,584,100. 2.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ANET. Norges Bank bought a new position in Arista Networks during the 4th quarter worth $1,558,563,000. Arrowstreet Capital Limited Partnership grew its stake in Arista Networks by 82.5% during 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 buying an additional 4,332,659 shares during the last quarter. M&T Bank Corp grew its stake in Arista Networks by 3,182.7% during the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after buying an additional 3,890,146 shares during the last quarter. Franklin Resources Inc. grew its stake in Arista Networks by 59.3% during the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock worth $1,032,302,000 after buying an additional 2,934,098 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its stake in Arista Networks by 86.0% during 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 buying an additional 1,960,829 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

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.