Q2 EPS Estimates for Arista Networks Raised by William Blair

Arista Networks, Inc. (NYSE:ANET - Free Report) - Analysts at William Blair increased their Q2 2025 EPS estimates for shares of Arista Networks in a research note issued on Wednesday, May 7th. William Blair analyst S. Naji now expects that the technology company will earn $0.60 per share for the quarter, up from their prior estimate of $0.53. The consensus estimate for Arista Networks' current full-year earnings is $2.20 per share. William Blair also issued estimates for Arista Networks' Q3 2025 earnings at $0.55 EPS and Q4 2025 earnings at $0.56 EPS.

ANET has been the subject of several other reports. Evercore ISI dropped their price objective on Arista Networks from $130.00 to $100.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. UBS Group upgraded shares of Arista Networks from a "neutral" rating to a "buy" rating and boosted their price target for the company from $112.00 to $115.00 in a research report on Wednesday, March 5th. Morgan Stanley boosted their price target on shares of Arista Networks from $73.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. dropped their price target on Arista Networks from $140.00 to $110.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, KGI Securities cut Arista Networks to a "neutral" rating in a report on Wednesday, May 7th. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $107.14.

Arista Networks Stock Performance

NYSE ANET traded up $0.61 during trading on Monday, reaching $97.86. 11,716,798 shares of the company traded hands, compared to its average volume of 9,073,108. The stock's 50 day moving average price is $79.29 and its two-hundred day moving average price is $97.25. Arista Networks has a 1-year low of $59.43 and a 1-year high of $133.58. The company has a market cap of $122.90 billion, a price-to-earnings ratio of 44.08, a P/E/G ratio of 3.10 and a beta of 1.38.

Arista Networks (NYSE:ANET - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.97 billion. Arista Networks had a return on equity of 29.91% and a net margin of 40.72%. The company's quarterly revenue was up 27.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 earnings per share.

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 Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $89.03, for a total transaction of $712,240.00. Following the completion of the transaction, the director now owns 147,784 shares of the company's stock, valued at approximately $13,157,209.52. This trade represents a 5.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kelly Bodnar Battles sold 1,488 shares of the business's stock in a transaction on Friday, February 14th. The stock was sold at an average price of $107.13, for a total transaction of $159,409.44. Following the completion of the sale, the director now directly owns 8,128 shares in the company, valued at approximately $870,752.64. This represents a 15.47% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 412,355 shares of company stock worth $37,216,079. Corporate insiders own 3.39% of the company's stock.

Institutional Trading of Arista Networks

Institutional investors have recently modified their holdings of the business. ORG Partners LLC lifted its holdings in Arista Networks by 179.7% during the 4th quarter. ORG Partners LLC now owns 400 shares of the technology company's stock worth $44,000 after buying an additional 257 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Arista Networks by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 82,495 shares of the technology company's stock valued at $9,118,000 after purchasing an additional 562 shares during the period. Harbor Capital Advisors Inc. increased its position in Arista Networks by 308.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,809 shares of the technology company's stock valued at $1,195,000 after purchasing an additional 8,161 shares during the period. HBW Advisory Services LLC increased its position in Arista Networks by 329.1% during the 4th quarter. HBW Advisory Services LLC now owns 3,141 shares of the technology company's stock valued at $347,000 after purchasing an additional 2,409 shares during the period. Finally, Czech National Bank lifted its holdings in Arista Networks by 326.8% in the fourth quarter. Czech National Bank now owns 223,976 shares of the technology company's stock valued at $24,756,000 after buying an additional 171,500 shares during the period. Institutional investors own 82.47% of the company's stock.

About Arista Networks

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.