FY2027 EPS Estimates for Arista Networks Raised by Analyst

Key Points

• Erste Group raised its FY2027 EPS estimate for Arista to $3.80 from $3.79 in its April 2 research note.
• Arista beat quarterly expectations, reporting $0.82 EPS vs. $0.75 expected and $2.49B revenue (vs. $2.38B), with revenue up 28.9% year‑over‑year and a net margin of 38.99%.
• Broker sentiment is broadly positive—consensus rating is a “Moderate Buy” with an average price target of $176.44 (Rosenblatt upgraded to $180 citing expected hyperscaler orders)—and Arista’s Q1 FY2026 results on May 5 are a near‑term catalyst.

Arista Networks, Inc. (NYSE:ANET - Free Report) - Research analysts at Erste Group Bank lifted their FY2027 EPS estimates for shares of Arista Networks in a research note issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $3.80 per share for the year, up from their prior estimate of $3.79. The consensus estimate for Arista Networks' current full-year earnings is $2.20 per share.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.07. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The company had revenue of $2.49 billion for the quarter, compared to analysts' expectations of $2.38 billion. During the same quarter in the previous year, the company earned $0.66 EPS. Arista Networks's revenue for the quarter was up 28.9% on a year-over-year basis.

ANET has been the topic of a number of other research reports. KeyCorp restated an "overweight" rating and set a $178.00 target price (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Morgan Stanley reiterated an "overweight" rating and issued a $165.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Evercore reiterated an "outperform" rating and issued a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Wells Fargo & Company boosted their price target on shares of Arista Networks from $175.00 to $185.00 and gave the stock an "overweight" rating in a research note on Friday, February 13th. Finally, Truist Financial began coverage on shares of Arista Networks in a research note on Tuesday, March 31st. They issued a "buy" rating and a $161.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $176.44.

Arista Networks Stock Performance

ANET opened at $133.36 on Wednesday. Arista Networks has a fifty-two week low of $66.59 and a fifty-two week high of $164.94. The firm's fifty day moving average is $134.02 and its 200 day moving average is $135.76. The stock has a market cap of $167.58 billion, a price-to-earnings ratio of 48.32, a price-to-earnings-growth ratio of 2.24 and a beta of 1.48.

Institutional Trading of Arista Networks

Hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc raised its position in shares of Arista Networks by 56.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company's stock valued at $29,000 after buying an additional 72 shares in the last quarter. Knuff & Co LLC purchased a new stake in shares of Arista Networks during the 3rd quarter valued at about $29,000. Board of the Pension Protection Fund bought a new position in Arista Networks during the 4th quarter valued at about $26,000. Sankala Group LLC bought a new position in Arista Networks during the 4th quarter valued at about $27,000. Finally, Prosperity Bancshares Inc bought a new position in Arista Networks during the 4th quarter valued at about $28,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Arista Networks

In other news, insider Kenneth Duda sold 26,000 shares of the company's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total transaction of $3,487,640.00. Following the sale, the insider directly owned 502,400 shares in the company, valued at approximately $67,391,936. This represents a 4.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $125.95, for a total transaction of $1,007,600.00. Following the sale, the director owned 216,333 shares in the company, valued at $27,247,141.35. This represents a 3.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 199,632 shares of company stock worth $26,873,604 in the last quarter. 3.54% of the stock is owned by company insiders.

Key Arista Networks News

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

• Positive Sentiment: Rosenblatt upgraded ANET to "Buy" and set a $180 price target (~35% upside), citing Arista's leadership in AI/data-center networking as a key catalyst. Arista Networks Upgraded to Buy: Rosenblatt Says the AI Networking Leader Is Worth $180
• Positive Sentiment: Analyst upgrade citing expected data-center orders from Google and Anthropic — Rosenblatt/others expect Arista to beat 2026 revenue growth consensus thanks to hyperscaler spending. Arista Upgraded To Buy On Google, Anthropic Data Center Orders
• Positive Sentiment: Seeking Alpha and other analysts highlight Arista's durable moat (EOS software lock‑in) and positioning for 1.6/3.2 Tbps switch cycles, supporting market-share gains in an AI-driven capex cycle. Arista Networks: AI Networking Growth With A Durable Moat (Rating Upgrade)
• Positive Sentiment: BNP Paribas notes Arista's XPO product has secured over 100 agreement partners — a sign of ecosystem adoption that can help enterprise and hyperscaler wins. Arista's XPO product sees over 100 agreement partners: BNP Paribas
• Positive Sentiment: Media coverage (The Motley Fool, Barron's, others) is re-framing Arista as a top data-center/AI networking play alongside Broadcom, fueling investor interest and momentum. Why Arista Networks Stock Crushed it on Tuesday
• Neutral Sentiment: Arista set its Q1 FY2026 earnings release for after the close on May 5 with a management call on May 5 at 1:30 PM — a near-term catalyst that could confirm or temper current optimism. Arista Networks to Announce Q1 2026 Financial Results on Tuesday, May 5, 2026
• Neutral Sentiment: Aggregator ratings now show an average "Moderate Buy" from brokerages, reflecting consensus bullishness but also some variability in price targets. Arista Networks, Inc. NYSE: ANET Receives Average Rating of "Moderate Buy" from Brokerages

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.

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