Arista Networks (NYSE:ANET) Given New $261.00 Price Target at Piper Sandler

Arista Networks (NYSE:ANET) had its target price lifted by equities researchers at Piper Sandler from $240.00 to $261.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. Piper Sandler‘s price target points to a potential upside of 46.76% from the stock’s previous close.

A number of other research analysts have also recently commented on the stock. Evercore reissued an “outperform” rating on shares of Arista Networks in a research report on Monday. Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 price target for the company. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $245.00 price target (down from $255.00) on shares of Arista Networks in a report on Wednesday. Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Sanford C. Bernstein began coverage on shares of Arista Networks in a research report on Wednesday, September 30th. They set an “outperform” rating and a $250.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $236.90.

Arista Networks Stock Up 4.7%

Shares of ANET stock traded up $7.93 on Wednesday, reaching $177.84. 11,217,653 shares of the stock were exchanged, compared to its average volume of 7,825,812. The stock has a market cap of $224.30 billion, a P/E ratio of 56.41, a price-to-earnings-growth ratio of 1.91 and a beta of 1.61. The firm has a 50 day moving average of $194.30 and a two-hundred day moving average of $165.10. Arista Networks has a 1-year low of $114.52 and a 1-year high of $217.41.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.08 by $0.12. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.33 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The firm’s revenue was up 58.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 earnings per share. On average, equities research analysts predict that Arista Networks will post 3.79 EPS for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $198.95, for a total value of $59,685,000.00. Following the sale, the insider directly owned 180,543,048 shares in the company, valued at $35,919,039,399.60. This trade represents a 0.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 573,509 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $208.13, for a total transaction of $119,364,428.17. Following the transaction, the chief executive officer directly owned 25,000 shares of the company’s stock, valued at $5,203,250. The trade was a 95.82% 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 a total of 2,487,846 shares of company stock valued at $503,417,253 in the last 90 days. Insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Arista Networks

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Mizuho Securities Co. Ltd. bought a new stake in shares of Arista Networks during the 3rd quarter worth about $61,000. Bryn Mawr Trust Advisors LLC bought a new stake in shares of Arista Networks in the 3rd quarter worth $202,000. Almanack Investment Partners LLC. raised its stake in shares of Arista Networks by 12.4% in the 3rd quarter. Almanack Investment Partners LLC. now owns 1,862 shares of the technology company’s stock worth $379,000 after buying an additional 205 shares in the last quarter. IronBridge Private Wealth LLC bought a new position in Arista Networks during the third quarter valued at about $205,000. Finally, M Holdings Securities Inc. acquired a new position in Arista Networks during the third quarter worth about $2,918,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Key Arista Networks News

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

• Positive Sentiment: Q3 revenue rose 58.5% year over year to $3.66 billion, above the $3.33 billion consensus, while EPS of $1.20 topped estimates of $1.08. Management also pointed to strong Q4 growth expectations. Article: Arista Networks’ Earnings, Revenue Outlook Handily Top Estimates
• Positive Sentiment: Arista is targeting approximately $18.5 billion in 2027 revenue, including about $7 billion from AI fabrics—roughly double the expected AI business. The target reportedly exceeds current consensus and reinforces the company’s opportunity in AI data-center networking. Article: Arista Networks Q3 Earnings Call Maps Out 2027 AI Expansion
• Positive Sentiment: Truist raised its price target to $240 and reaffirmed a Buy rating; Rosenblatt maintained Buy with a $280 target. These calls add to the favorable analyst outlook after the results. Article: Truist price-target update
• Neutral Sentiment: Investors are assessing whether supplier capacity and deferred-revenue trends can support the company’s ambitious AI expansion plans. These execution signals may shape confidence in the 2027 outlook. Article: Arista Networks Q3 Earnings Call Maps Out 2027 AI Expansion
• Negative Sentiment: Gross margin slipped as product sales accounted for a greater share of revenue, and some coverage highlighted slower growth outside the AI opportunity. That mix could temper the impact of strong AI demand if margins or non-AI business growth weaken. Article: Arista Revenue Up 58% as Q4 Outlook Slows

About Arista Networks

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.