Arista Networks (NYSE:ANET) Price Target Raised to $200.00

Arista Networks (NYSE:ANET) had its price target boosted by JPMorgan Chase & Co. from $190.00 to $200.00 in a research report released on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the technology company’s stock.

ANET has been the topic of a number of other reports. UBS Group set a $200.00 target price on Arista Networks in a research report on Tuesday, February 24th. Wells Fargo & Company lifted their target price on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Evercore reaffirmed an “outperform” rating and set a $200.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Zacks Research raised Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $178.00 target price (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $177.83.

Arista Networks Price Performance

NYSE:ANET opened at $164.39 on Thursday. The business’s 50-day moving average is $136.20 and its two-hundred day moving average is $136.33. Arista Networks has a 12 month low of $66.59 and a 12 month high of $165.28. The firm has a market capitalization of $206.56 billion, a PE ratio of 59.56, a price-to-earnings-growth ratio of 2.84 and a beta of 1.48.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.75 by $0.07. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. During the same period last year, the company posted $0.66 earnings per share. The firm’s revenue was up 28.9% compared to the same quarter last year. Equities analysts anticipate that Arista Networks will post 2.2 EPS for the current year.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 112,812 shares of Arista Networks stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $150.11, for a total value of $16,934,209.32. Following the completion of the transaction, the chief executive officer directly owned 9,917 shares in the company, valued at $1,488,640.87. The trade was a 91.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total value of $1,123,440.00. Following the completion of the transaction, the director owned 9,784 shares of the company’s stock, valued at approximately $1,373,967.12. The trade was a 44.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 322,729 shares of company stock valued at $45,399,474 over the last ninety days. 3.39% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Arista Networks

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Faithward Advisors LLC boosted its stake in Arista Networks by 1.0% in the first quarter. Faithward Advisors LLC now owns 56,139 shares of the technology company’s stock valued at $6,893,000 after acquiring an additional 573 shares during the period. CENTRAL TRUST Co boosted its stake in Arista Networks by 63.9% in the first quarter. CENTRAL TRUST Co now owns 4,654 shares of the technology company’s stock valued at $571,000 after acquiring an additional 1,815 shares during the period. Burns J W & Co. Inc. NY boosted its stake in Arista Networks by 3.9% in the first quarter. Burns J W & Co. Inc. NY now owns 2,929 shares of the technology company’s stock valued at $360,000 after acquiring an additional 110 shares during the period. Cache Advisors LLC boosted its stake in Arista Networks by 33.7% in the first quarter. Cache Advisors LLC now owns 68,307 shares of the technology company’s stock valued at $8,387,000 after acquiring an additional 17,201 shares during the period. Finally, Total Clarity Wealth Management Inc. boosted its stake in Arista Networks by 1.5% in the first quarter. Total Clarity Wealth Management Inc. now owns 17,345 shares of the technology company’s stock valued at $2,130,000 after acquiring an additional 260 shares during the period. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: JPMorgan raised its price target to $200 and kept an “overweight” rating, giving the stock a clear upside catalyst for buy‑side interest. Read More.
• Positive Sentiment: Zacks upgraded ANET to a “strong‑buy” and listed it among high‑ROE stocks, which can attract retail/momentum flows. Read More.
• Positive Sentiment: News pieces highlight AI and cloud infrastructure demand (and S&P 500 indexing chatter) as drivers for Arista’s valuation and near‑term momentum. Read More.
• Positive Sentiment: Recent quarterly results remain supportive: Arista beat EPS and revenue estimates and reported ~29% YoY revenue growth and strong margins — fundamental backing for higher multiples. Read More.
• Neutral Sentiment: Peer data (Cisco, Ciena) confirms broad AI networking demand — a market tailwind for Arista but also signposts intensifying competition and supply dynamics. Read More.
• Neutral Sentiment: Consensus analyst coverage is heavily bullish (consensus target ~$177–$178), which supports momentum but ties moves to future estimate revisions.
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares under a pre‑arranged Rule 10b5‑1 plan (avg. ~$150), a large disclosed sale that can create short‑term sentiment pressure despite being planned. Read More.
• Negative Sentiment: CFO Chantelle Breithaupt sold 8,890 shares under a 10b5‑1 plan—another insider sale that investors will note when weighing near‑term flows. Read More.

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.