Morgan Stanley Raises Arista Networks (NYSE:ANET) Price Target to $140.00

Arista Networks (NYSE:ANET) had its target price upped by research analysts at Morgan Stanley from $135.00 to $140.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. Morgan Stanley’s price objective indicates a potential upside of 0.47% from the company’s previous close.

ANET has been the subject of a number of other research reports. Barclays lifted their target price on shares of Arista Networks from $151.00 to $179.00 and gave the company an “overweight” rating in a research note on Friday. The Goldman Sachs Group lifted their target price on shares of Arista Networks from $115.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 23rd. BNP Paribas Exane lowered shares of Arista Networks from an “outperform” rating to a “neutral” rating and set a $106.00 target price for the company. in a research note on Wednesday, June 11th. Finally, Wolfe Research lifted their target price on shares of Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a research note on Friday. Sixteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $157.56.

Arista Networks Stock Performance

NYSE ANET opened at $139.35 on Friday. The firm’s 50 day moving average price is $126.85 and its two-hundred day moving average price is $100.21. Arista Networks has a twelve month low of $59.43 and a twelve month high of $156.32. The stock has a market cap of $175.14 billion, a price-to-earnings ratio of 54.81, a PEG ratio of 3.60 and a beta of 1.50.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.08. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the business earned $0.53 EPS. The company’s revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Arista Networks will post 2.2 EPS for the current fiscal year.

Insider Buying and Selling at Arista Networks

In other news, CEO Jayshree Ullal sold 1,785,165 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $136.22, for a total transaction of $243,175,176.30. Following the transaction, the chief executive officer owned 5,698,074 shares in the company, valued at approximately $776,191,640.28. This trade represents a 23.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have sold 7,582,614 shares of company stock worth $980,712,097. 3.39% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. DSG Capital Advisors LLC bought a new position in Arista Networks in the 4th quarter worth $5,984,000. Ibex Wealth Advisors raised its holdings in Arista Networks by 14.4% in the 1st quarter. Ibex Wealth Advisors now owns 58,093 shares of the technology company’s stock worth $4,501,000 after acquiring an additional 7,329 shares during the period. Sowell Financial Services LLC bought a new position in Arista Networks in the 1st quarter worth $629,000. Commonwealth Equity Services LLC raised its holdings in Arista Networks by 19.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 613,309 shares of the technology company’s stock worth $47,519,000 after acquiring an additional 101,162 shares during the period. Finally, Westfield Capital Management Co. LP bought a new position in Arista Networks in the 1st quarter worth $15,227,000. Institutional investors own 82.47% of the company’s stock.

Arista Networks Company Profile

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.