Yahoo · Sep 3, 2026
Why Is Arista Networks (ANET) Down 5.7% Since Last Earnings Report?
Arista Networks (ANET) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
AN
NYSE · ANET
Arista Networks, Inc.
Technology · Computer Hardware
$191.44
Up+$1.00 (+0.52%)
Updated Sep 4, 2026, 5:25 PM
SID Score
6.5/10
Composite research score
Smart Money
38/100
Bearish
- Market cap
- 168.11B
- P/E ratio
- 47.82
- Dividend yield
- 0.00%
- 52-week range
- $115.42 – $214.89
- Volume
- 4.11M
- Avg. volume
- 8.88M
Price performance
ANET price history
1M range · 21 trading sessions · Daily adjusted prices
ANET closed at $191.44 after 21 trading sessions, down 0.46% for the selected period.
- Last close
- $191.44
- Period change
- -0.46%
- Period low
- $183.75
- Period high
- $210.50
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 3, 2026 | $185.25 | $192.00 | $181.27 | $191.44 | 4.11M |
| Sep 2, 2026 | $188.00 | $189.89 | $184.08 | $186.10 | 4.37M |
| Sep 1, 2026 | $195.77 | $196.50 | $188.56 | $189.26 | 4.38M |
| Aug 31, 2026 | $195.50 | $197.99 | $193.91 | $195.69 | 5.03M |
| Aug 28, 2026 | $200.00 | $200.10 | $194.61 | $195.38 | 3.06M |
| Aug 27, 2026 | $205.90 | $206.13 | $199.215 | $201.09 | 4.7M |
| Aug 26, 2026 | $190.905 | $203.36 | $190.905 | $202.25 | 7.66M |
| Aug 25, 2026 | $192.34 | $193.15 | $188.06 | $190.94 | 4.39M |
| Aug 24, 2026 | $186.00 | $190.25 | $186.00 | $188.15 | 5.31M |
| Aug 21, 2026 | $183.77 | $190.44 | $183.59 | $188.65 | 8.13M |
| Aug 20, 2026 | $185.31 | $187.28 | $182.83 | $183.75 | 4.21M |
| Aug 19, 2026 | $195.04 | $195.50 | $184.51 | $186.45 | 5.74M |
| Aug 18, 2026 | $196.00 | $197.99 | $189.67 | $193.18 | 8.89M |
| Aug 17, 2026 | $201.16 | $202.265 | $198.34 | $201.80 | 5.68M |
| Aug 14, 2026 | $205.27 | $205.27 | $198.245 | $198.82 | 4.71M |
| Aug 13, 2026 | $209.79 | $210.11 | $203.55 | $203.62 | 7.91M |
| Aug 12, 2026 | $205.47 | $211.45 | $203.76 | $210.50 | 10.01M |
| Aug 11, 2026 | $194.565 | $198.92 | $190.48 | $197.85 | 6.28M |
| Aug 10, 2026 | $192.49 | $195.70 | $187.03 | $191.52 | 5.43M |
| Aug 7, 2026 | $198.00 | $198.00 | $187.50 | $188.67 | 7.21M |
| Aug 6, 2026 | $192.41 | $197.11 | $189.43 | $192.32 | 7.77M |
Latest ANET news
The latest Smart Investors Daily articles mentioning ANET.
Stock researchCompany · Overview
ANET research
Overview
Company profile and research snapshot.
Company profile
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $155.86
- Implied upside
- —
- Analysts
- 17
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 1, 2026 | Deutsche Bank | Buy | — |
| Aug 6, 2026 | Barclays | Overweight | — |
| Aug 5, 2026 | Wells Fargo | Overweight | — |
| Aug 5, 2026 | Piper Sandler | Overweight | — |
| Aug 5, 2026 | Truist Securities | Buy | — |
News briefing
Generated Sep 4, 2026, 3:02 PM
Why Is ANET Moving Up Today? Deutsche Bank Buy Rating Provides Counterweight to Post-Earnings Decline
Arista Networks gained 1.24% today as a new bullish analyst initiation from Deutsche Bank provided positive momentum, offsetting a 5.7% decline since the company's last earnings report. The stock appears to be stabilizing as the market weighs recent analyst enthusiasm against recent earnings disappointment.
Bottom line: Arista Networks is at an inflection point where new analyst enthusiasm from Deutsche Bank is attempting to counter recent post-earnings weakness. Investors should view today's modest gain as a potential stabilization signal, but should verify that the 5.7% decline doesn't reflect genuine business deterioration before adding positions in this AI infrastructure play.
Yahoo · Sep 3, 2026
Is Arista Networks Stock Outperforming the Dow?
Given Arista Networks’ pronounced outperformance relative to the broader S&P 500 over the past year, Wall Street analysts remain emphatically bullish on the company’s forward growth trajectory.
Benzinga · Sep 3, 2026
Jensen Huang Just Gave Governments an AI FOMO Pitch—Here’s Who Wins
Jensen Huang's G20 remarks position AI infrastructure as a national asset, akin to highways or electricity grids. These stocks could benefit.
Fintel · Sep 2, 2026
Deutsche Bank Initiates Coverage of Arista Networks (ANET) with Buy Recommendation
AI research layers
Interpretive context generated from the platform’s current data sources.
Arista Networks Stock Performance
Arista Networks shares currently trade at $191.44, reflecting a modest decline of 2.98% over the past month but maintaining strong medium- and long-term momentum. Per SID market data, the stock has gained 15.32% over the trailing three months and 48.88% over the past year, substantially outpacing the broader technology sector. ANET trades above both key moving averages, sitting 4.98% above its 50-day moving average of $182.36 and 24.93% above its 200-day moving average of $153.24, indicating a sustained uptrend. The 14-day relative strength index stands at 44.1, suggesting the stock is in neutral territory without overbought or oversold conditions. According to Massive/Polygon data, average daily trading volume registers at approximately 8.88 million shares. Arista carries a beta of 1.444, indicating meaningfully higher volatility relative to the broader market. The company's market capitalization stands at approximately $168.1 billion.
Arista Networks Valuation Analysis
Arista Networks commands a premium valuation profile consistent with its high-growth positioning within the technology sector. Per SID market data, the stock trades at a price-to-earnings ratio of 47.82, well above the broader market average, reflecting investor expectations for continued robust earnings expansion. The PEG ratio stands at 10.68, suggesting that even when adjusting for anticipated growth, the valuation remains elevated relative to traditional benchmarks. According to SEC filings, the price-to-book ratio is 13.57, indicating the market assigns substantial value to Arista's intangible assets, brand strength, and competitive positioning in cloud networking infrastructure. The company does not pay a dividend, choosing instead to reinvest cash flows into growth initiatives. With a market capitalization of approximately $168.1 billion, Arista ranks among the largest pure-play networking companies. These valuation metrics collectively position ANET at the upper end of its peer group.
Smart Money Activity for ANET
Smart money indicators for Arista Networks present a notably bearish composite picture. Per SID market data, the overall smart money score stands at 38 out of 100, generating a bearish signal. Institutional positioning scores a perfect 25 out of 25, reflecting strong conviction among large fund managers who continue to maintain significant holdings. However, insider activity tells a contrasting story, scoring just 0.1 out of 25. According to SEC Form 4 filings, there have been 20 insider transactions over the past 90 days, with 18 sells compared to only 2 buys, indicating a pronounced pattern of executive and director dispositions. Dark pool activity registers at 12.0 out of 25, suggesting moderate levels of off-exchange institutional trading. Congressional trading activity scores a minimal 0.8 out of 25, per 13F institutional filings, reflecting negligible legislative interest. The divergence between strong institutional ownership and persistent insider selling warrants close monitoring by investors evaluating ANET's near-term trajectory.
Arista Networks Earnings Outlook
Arista Networks has delivered a consistent pattern of earnings beats across recent quarters. According to company earnings reports, the most recent quarter posted earnings per share of $1.02 against a consensus estimate of $0.86, representing an upside surprise of $0.16, or approximately 18.6%. The prior quarter similarly exceeded expectations, with actual EPS of $0.87 versus the $0.79 estimate, a $0.08 positive surprise. The quarter ending in early 2026 reported EPS of $0.82 compared to the $0.72 consensus, delivering a $0.10 beat. Per analyst estimates, the upcoming quarter carries a consensus EPS estimate of $0.7719, with results expected on February 16, 2026. The sequential earnings trajectory from $0.82 to $0.87 to $1.02 demonstrates accelerating profitability growth. Arista's ability to consistently surpass Wall Street expectations underscores strong operational execution in cloud networking and data center infrastructure markets.
Wall Street Analyst Ratings for ANET
Wall Street consensus on Arista Networks remains decisively bullish, with recent analyst actions reinforcing positive sentiment. Per SID consensus data, Deutsche Bank initiated coverage on September 1, 2026, with a Buy rating, upgrading from a prior Hold stance, representing a meaningful shift in the firm's outlook. Barclays maintained its Overweight rating on August 6, 2026, following the company's earnings release. Wells Fargo and Piper Sandler both reiterated Overweight ratings on August 5, 2026, while Truist Securities maintained its Buy recommendation on the same date. According to Wall Street analyst reports, all five of the most recent rating actions carry bullish designations, with zero Hold or Sell recommendations among them. The uniformity of positive coverage from major institutions including Deutsche Bank, Barclays, Wells Fargo, Piper Sandler, and Truist Securities reflects broad confidence in Arista's competitive positioning within cloud networking and AI-driven data center demand cycles.
