Arista Networks, Inc. (NYSE:ANET) Stock Has Consensus Price Target of $230.74 According to Brokerages

Key Points

• Analysts remain bullish on Arista Networks: Twenty-two brokerages give the stock a consensus “Buy” rating, with an average 12-month price target of $230.74. Several firms recently raised their targets, including Barclays at $289 and Wells Fargo at $255.
• Recent operating results exceeded expectations: Arista reported quarterly EPS of $1.02 versus the $0.89 consensus estimate, while revenue rose 37.7% year over year to $3.04 billion. AI-driven data-center networking demand remains the company’s primary growth catalyst.
• Valuation and insider selling are notable risks: The stock trades at a premium earnings multiple, leaving less room for execution disappointments, while insiders have sold about $715 million of shares over the past 90 days, including sizable sales by the CEO and a major shareholder.

Shares of Arista Networks, Inc. (NYSE:ANET - Get Free Report) have been given an average recommendation of "Buy" by the twenty-two brokerages that are covering the firm, MarketBeat.com reports. Twenty research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $230.74.

ANET has been the subject of several recent research reports. Zacks Research raised Arista Networks from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. KeyCorp restated an "overweight" rating and issued a $250.00 target price (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Barclays restated an "overweight" rating and issued a $289.00 target price (up from $195.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Wells Fargo & Company reaffirmed an "overweight" rating and set a $255.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Bank of America reaffirmed a "buy" rating and set a $240.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th.

Arista Networks Trading Down 1.1%

ANET opened at $202.59 on Wednesday. The stock has a market capitalization of $255.52 billion, a P/E ratio of 63.91, a P/E/G ratio of 2.43 and a beta of 1.62. Arista Networks has a 12 month low of $114.52 and a 12 month high of $214.89. The firm's fifty day simple moving average is $191.97 and its 200 day simple moving average is $168.04.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.13. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The firm had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter in the prior year, the company earned $0.73 EPS. The company's revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities research analysts predict that Arista Networks will post 3.7 EPS for the current fiscal year.

Arista Networks News Summary

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

• Positive Sentiment: AI networking demand remains the main bullish catalyst. Arista supplies high-speed switches and networking equipment that connect GPUs in large data centers operated by companies such as Microsoft and Meta. The articles argue that rapidly expanding AI clusters could make networking a durable competitive advantage, not merely a secondary beneficiary of the AI boom. Is AI Turning Networking Into Arista Network’s Next Big Moat?
• Positive Sentiment: Long-term growth expectations remain strong. One valuation analysis estimates substantial potential upside based on continued earnings growth, while another identifies Arista as a leading AI-infrastructure stock approaching a potential technical buy point. Its relative-strength line recently reached a new high, signaling continued investor interest despite recent market weakness. Arista: The Layer Beneath The Chips AI Stock Leader Arista Eyes Latest Buy Point With RS Line At New Highs
• Neutral Sentiment: Index inclusion did not produce an immediate boost. Arista’s addition to the S&P 100 could increase visibility and institutional demand over time, but the stock still softened around the announcement, suggesting investors may have already anticipated the move. Arista Networks stock falls after S&P 100 entry
• Neutral Sentiment: Investors are comparing Arista’s growth profile with more diversified technology companies. Arista is viewed as the faster-growing AI networking specialist, while IBM offers greater exposure to hybrid-cloud software and consulting. The comparison reinforces Arista’s growth appeal but also highlights its greater dependence on sustained AI spending. Arista Networks vs. International Business Machines
• Negative Sentiment: Valuation is the clearest near-term pressure. Arista trades at roughly 58–60 times trailing adjusted earnings, leaving little room for execution disappointments. Although projected 2026 and 2027 earnings make the valuation appear more reasonable, the stock’s premium multiple and recent market underperformance likely encouraged profit-taking. Is Arista Networks Stock As Expensive As It Looks?

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 767,029 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38. Following the completion of the transaction, the chief executive officer owned 16,387,981 shares of the company's stock, valued at approximately $3,297,589,536.82. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of the sale, the insider owned 181,143,048 shares in the company, valued at $36,826,381,658.40. The trade was a 0.17% 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 have sold 3,622,316 shares of company stock valued at $714,945,520 in the last 90 days. 2.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Arista Networks

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. QRG Capital Management Inc. raised its holdings in Arista Networks by 181.2% during the second quarter. QRG Capital Management Inc. now owns 523,202 shares of the technology company's stock worth $88,882,000 after acquiring an additional 337,133 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Arista Networks by 165.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 159,817 shares of the technology company's stock valued at $27,150,000 after purchasing an additional 99,707 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Arista Networks by 199.0% in the second quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company's stock valued at $1,635,978,000 after purchasing an additional 6,409,612 shares in the last quarter. Andra AP fonden increased its position in shares of Arista Networks by 106.2% during the 2nd quarter. Andra AP fonden now owns 515,400 shares of the technology company's stock worth $87,556,000 after purchasing an additional 265,400 shares during the last quarter. Finally, State Street Corp increased its position in shares of Arista Networks by 159.4% during the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company's stock worth $20,606,975,000 after purchasing an additional 74,541,134 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 develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company's software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.

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