Erste Group Bank Predicts Arista Networks FY2026 Earnings

Arista Networks, Inc. (NYSE:ANET) – Research analysts at Erste Group Bank boosted their FY2026 earnings estimates for Arista Networks in a note issued to investors on Tuesday, March 24th. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings of $3.12 per share for the year, up from their prior estimate of $3.11. The consensus estimate for Arista Networks’ current full-year earnings is $2.20 per share. Erste Group Bank also issued estimates for Arista Networks’ FY2027 earnings at $3.79 EPS.

Arista Networks (NYSE:ANET) last released its quarterly earnings results 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 net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.38 billion. During the same period in the prior year, the firm posted $0.66 earnings per share. The company’s quarterly revenue was up 28.9% on a year-over-year basis.

ANET has been the topic of several other reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 price target (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Barclays reiterated an “overweight” rating and set a $184.00 price objective (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Morgan Stanley restated an “overweight” rating and set a $165.00 target price on shares of Arista Networks in a research note on Friday, February 13th. Rosenblatt Securities upped their target price on Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Finally, TD Cowen started coverage on Arista Networks in a research note on Thursday, March 12th. They issued a “buy” rating and a $170.00 price target for the company. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $176.47.

Arista Networks Stock Down 9.2%

NYSE ANET opened at $122.59 on Thursday. Arista Networks has a 52 week low of $59.43 and a 52 week high of $164.94. The company has a 50 day moving average price of $135.67 and a 200 day moving average price of $137.03. The firm has a market cap of $154.03 billion, a PE ratio of 44.42, a price-to-earnings-growth ratio of 2.39 and a beta of 1.46.

Institutional Investors Weigh In On Arista Networks

Hedge funds have recently added to or reduced their stakes in the business. Old North State Trust LLC raised its stake in shares of Arista Networks by 32.9% during the 4th quarter. Old North State Trust LLC now owns 14,281 shares of the technology company’s stock valued at $1,871,000 after buying an additional 3,538 shares during the last quarter. J. Derek Lewis & Associates Inc. purchased a new stake in shares of Arista Networks in the fourth quarter worth about $297,000. Up Capital Management Inc. purchased a new stake in shares of Arista Networks in the fourth quarter worth about $5,135,000. Stance Capital LLC grew its holdings in Arista Networks by 4.4% during the fourth quarter. Stance Capital LLC now owns 10,399 shares of the technology company’s stock worth $1,363,000 after acquiring an additional 442 shares during the period. Finally, Cornerstone Planning LLC acquired a new stake in Arista Networks during the fourth quarter worth about $357,000. 82.47% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction 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 sale, the director owned 9,784 shares in the company, valued at $1,373,967.12. This represents a 44.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total transaction of $4,292,480.00. Following the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $1,740,600.64. This trade represents a 71.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 199,632 shares of company stock valued at $26,936,324. 3.39% of the stock is owned by insiders.

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.