Arista Networks (NYSE:ANET) Issues Q2 2026 Earnings Guidance

Arista Networks (NYSE:ANET) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.880-0.880 for the period, compared to the consensus EPS estimate of 0.840. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion.

Arista Networks Stock Performance

NYSE ANET traded down $2.44 during trading hours on Tuesday, hitting $170.18. The company had a trading volume of 10,406,937 shares, compared to its average volume of 7,744,835. Arista Networks has a 1-year low of $82.80 and a 1-year high of $179.80. The company has a market cap of $214.29 billion, a PE ratio of 61.66, a price-to-earnings-growth ratio of 3.03 and a beta of 1.67. The business has a 50 day moving average of $141.84 and a 200-day moving average of $137.69.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 earnings per share (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 company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the prior year, the firm posted $0.66 earnings per share. Arista Networks’s revenue for the quarter was up 28.9% on a year-over-year basis. Sell-side analysts expect that Arista Networks will post 3.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ANET shares. Needham & Company LLC upped their price objective on shares of Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 13th. UBS Group set a $200.00 price objective on shares of Arista Networks in a research note on Tuesday, February 24th. KeyCorp restated an “overweight” rating and issued a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Barclays restated an “overweight” rating and issued a $184.00 price objective (up from $183.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, Morgan Stanley restated an “overweight” rating and issued a $180.00 price objective on shares of Arista Networks in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Arista Networks presently has an average rating of “Buy” and a consensus target price of $178.67.

Insiders Place Their Bets

In other news, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $125.95, for a total value of $1,007,600.00. Following the completion of the sale, the director directly owned 216,333 shares of the company’s stock, valued at approximately $27,247,141.35. This represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 1,395 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total transaction of $213,532.65. Following the completion of the sale, the director directly owned 9,784 shares of the company’s stock, valued at $1,497,636.88. The trade was a 12.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,494,729 shares of company stock valued at $245,304,519. 3.39% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Sivia Capital Partners LLC raised its holdings in Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after purchasing an additional 3,496 shares in the last quarter. Bison Wealth LLC purchased a new position in Arista Networks during the fourth quarter worth about $251,000. Ancora Advisors LLC raised its holdings in Arista Networks by 68.7% during the third quarter. Ancora Advisors LLC now owns 1,228 shares of the technology company’s stock worth $179,000 after purchasing an additional 500 shares in the last quarter. Resources Management Corp CT ADV raised its holdings in Arista Networks by 8.9% during the second quarter. Resources Management Corp CT ADV now owns 1,601 shares of the technology company’s stock worth $164,000 after purchasing an additional 131 shares in the last quarter. Finally, Strive Financial Group LLC purchased a new position in Arista Networks during the fourth quarter worth about $119,000. 82.47% of the stock is owned by hedge funds and other institutional investors.

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.