Needham & Company LLC Raises Arista Networks (NYSE:ANET) Price Target to $200.00

Arista Networks (NYSE:ANET) had its price objective boosted by analysts at Needham & Company LLC from $185.00 to $200.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s price target suggests a potential upside of 14.70% from the company’s current price.

Several other research analysts have also recently commented on ANET. Wells Fargo & Company restated an “overweight” rating and set a $200.00 target price (up from $185.00) on shares of Arista Networks in a report on Thursday, July 16th. Truist Financial set a $175.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Raymond James Financial raised shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target on the stock in a research report on Friday, May 15th. Weiss Ratings upgraded shares of Arista Networks from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 13th. Finally, Piper Sandler restated an “overweight” rating and issued a $181.00 price objective (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $189.74.

Arista Networks Stock Performance

NYSE:ANET opened at $174.37 on Wednesday. The company has a market cap of $219.57 billion, a PE ratio of 59.72, a PEG ratio of 2.60 and a beta of 1.60. Arista Networks has a 52-week low of $106.99 and a 52-week high of $189.82. The stock has a 50-day simple moving average of $163.04 and a 200 day simple moving average of $147.91.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping 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 period last year, the business earned $0.65 EPS. The business’s quarterly revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, research analysts predict that Arista Networks will post 3.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 242,422 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $188.17, for a total value of $45,616,547.74. Following the completion of the sale, the chief executive officer directly owned 5,171,095 shares of the company’s stock, valued at approximately $973,044,946.15. The trade was a 4.48% 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. Over the last 90 days, insiders sold 2,264,983 shares of company stock worth $376,175,065. Company insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Arista Networks

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after purchasing an additional 1,188,799 shares during the period. State Street Corp boosted its holdings in shares of Arista Networks by 1.4% during the 4th quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after buying an additional 628,146 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Arista Networks by 1.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock valued at $4,870,618,000 after buying an additional 380,724 shares during the last quarter. Geode Capital Management LLC grew its stake in Arista Networks by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock valued at $3,455,095,000 after buying an additional 477,625 shares during the last quarter. Finally, Norges Bank bought a new position in Arista Networks in the 4th quarter valued at about $1,558,563,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks News Roundup

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

• Positive Sentiment: Arista launched an AI-driven zero trust Edge Threat Management platform for VeloCloud SD-WAN, expanding its security offerings beyond data center networking and into enterprise branch offices. Arista Networks (ANET) Launches AI Driven Zero Trust Security For Branch Offices
• Positive Sentiment: Analysts and Zacks articles highlighted Arista as a likely candidate to beat estimates again this earnings season, supported by strong AI and cloud demand trends. Will Arista Networks (ANET) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Arista was also included in a Zacks list of software stocks likely to beat estimates, reinforcing optimism ahead of Q2 results. 4 Software Stocks Likely to Beat Estimates This Earnings Season
• Neutral Sentiment: Several articles noted that Arista is a widely watched trending stock and compared its performance with peers and the broader technology sector, but these pieces were mostly descriptive rather than new catalysts. Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock
• Negative Sentiment: A Trefis report raised a caution flag by noting Arista has halted stock buybacks while making a large bet on future growth, with purchase commitments rising to $8.9 billion. That may concern investors about capital allocation and execution risk. How Much Upside Can ANET Stock’s Growth Deliver?

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.