Arista Networks (ANET) Projected to Post Earnings on Tuesday

Key Points

• Arista Networks is set to release its Q2 2025 earnings on August 5th, with analysts predicting a share earnings of $0.65 and revenues of $2.11 billion.
• In its previous earnings report, Arista beat estimates with an EPS of $0.65 and revenue of $2 billion, representing a 27.6% increase year-over-year.
• The company has initiated a $1.50 billion share buyback plan, indicating confidence from the board in the company's stock value.

Arista Networks (NYSE:ANET - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $2.11 billion for the quarter. Arista Networks has set its Q2 2025 guidance at EPS.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results on Tuesday, May 6th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $1.97 billion. Arista Networks had a net margin of 40.72% and a return on equity of 30.48%. Arista Networks's revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 earnings per share. On average, analysts expect Arista Networks to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Arista Networks Trading Down 4.0%

ANET stock traded down $4.95 during midday trading on Friday, hitting $118.27. The stock had a trading volume of 5,395,356 shares, compared to its average volume of 10,527,316. The firm has a market cap of $148.54 billion, a P/E ratio of 50.07, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40. Arista Networks has a 1-year low of $59.43 and a 1-year high of $133.57. The business has a fifty day moving average price of $100.95 and a two-hundred day moving average price of $95.10.

Arista Networks declared that its board has initiated a stock repurchase plan on Tuesday, May 6th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 1.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Insider Buying and Selling at Arista Networks

In other news, SVP Kenneth Duda sold 30,000 shares of the business's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $111.19, for a total transaction of $3,335,700.00. Following the completion of the sale, the senior vice president directly owned 12,976 shares of the company's stock, valued at $1,442,801.44. The trade was a 69.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kelly Bodnar Battles sold 864 shares of the business's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $114.68, for a total transaction of $99,083.52. Following the sale, the director directly owned 7,460 shares of the company's stock, valued at approximately $855,512.80. The trade was a 10.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,346,742 shares of company stock valued at $256,664,827. Insiders own 3.39% of the company's stock.

Institutional Investors Weigh In On Arista Networks

A number of institutional investors have recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC bought a new stake in Arista Networks in the 4th quarter worth about $202,000. Bison Wealth LLC bought a new stake in Arista Networks in the 4th quarter worth about $251,000. Finally, Brighton Jones LLC grew its position in Arista Networks by 321.7% in the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company's stock worth $863,000 after purchasing an additional 5,955 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on ANET shares. KeyCorp began coverage on shares of Arista Networks in a report on Thursday, June 26th. They issued an "overweight" rating and a $115.00 target price on the stock. Citigroup lifted their price target on shares of Arista Networks from $112.00 to $123.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Needham & Company LLC began coverage on shares of Arista Networks in a research note on Wednesday, May 28th. They issued a "buy" rating for the company. Rosenblatt Securities lifted their price target on shares of Arista Networks from $85.00 to $87.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Arista Networks from $110.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Six equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $114.00.

Arista Networks Company Profile

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.