Arista Networks (NYSE:ANET) Stock Price Up 3.7% – Time to Buy?

02 Jul 2026, 20:40 by Danessa Lincoln · The Markets Daily

Shares of Arista Networks, Inc. (NYSE:ANET – Get Free Report) rose 3.7% on Tuesday . The stock traded as high as $172.55 and last traded at $170.1990. 10,199,107 shares were traded during trading, an increase of 17% from the average session volume of 8,754,287 shares. The stock had previously closed at $164.10.

Analyst Ratings Changes

A number of research firms have recently issued reports on ANET. Deutsche Bank Aktiengesellschaft raised shares of Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. Rosenblatt Securities increased their price objective on shares of Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. KeyCorp reiterated an “overweight” rating and issued a $200.00 target price (up from $178.00) on shares of Arista Networks in a report on Thursday, June 18th. Piper Sandler restated an “overweight” rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, TD Cowen restated a “buy” rating and set a $200.00 price target (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Arista Networks currently has an average rating of “Buy” and an average price target of $187.63.

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Arista Networks Price Performance

The firm has a market cap of $201.95 billion, a PE ratio of 54.93, a price-to-earnings-growth ratio of 2.62 and a beta of 1.61. The company’s 50 day moving average price is $159.67 and its 200 day moving average price is $143.55.

Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter last year, the company posted $0.65 EPS. The firm’s revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the sale, the insider owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. This trade represents a 0.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of Arista Networks stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the completion of the transaction, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at $924,321,690.08. The trade was a 7.59% decrease in their position. 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 a total of 2,639,080 shares of company stock valued at $430,322,162 over the last three months. 2.70% of the stock is currently owned by insiders.

Institutional Trading of Arista Networks

Large investors have recently made changes to their positions in the company. Board of the Pension Protection Fund acquired a new position in Arista Networks during the 4th quarter worth approximately $26,000. Main Street Group LTD acquired a new stake in shares of Arista Networks in the 1st quarter valued at $26,000. Sankala Group LLC purchased a new stake in shares of Arista Networks during the 4th quarter worth $27,000. Prosperity Bancshares Inc purchased a new stake in shares of Arista Networks during the 4th quarter worth $28,000. Finally, Knuff & Co LLC acquired a new position in shares of Arista Networks during the third quarter worth $29,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

About Arista Networks

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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.