Arista NetworksANET
About: 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.
Employees: 4,412
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 685 | Existing positions reduced: 496
14% more first-time investments, than exits
New positions opened: 247 | Existing positions closed: 216
0% less funds holding
Funds holding: 1,561 [Q4 2024] → 1,555 (-6) [Q1 2025]
0.78% less ownership
Funds ownership: 66.64% [Q4 2024] → 65.86% (-0.78%) [Q1 2025]
9% less call options, than puts
Call options by funds: $1.18B | Put options by funds: $1.3B
34% less capital invested
Capital invested by funds: $97.3B [Q4 2024] → $64.3B (-$33B) [Q1 2025]
58% less funds holding in top 10
Funds holding in top 10: 67 [Q4 2024] → 28 (-39) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Redburn Atlantic Mike Harrison | 21%upside $112 | Buy Initiated | 28 May 2025 |
Needham Ryan Koontz | 41%upside $130 | Buy Reiterated | 15 May 2025 |
Citigroup Atif Malik | 21%upside $112 | Buy Maintained | 13 May 2025 |
Barclays Tim Long | 29%upside $119 | Overweight Maintained | 8 May 2025 |
Goldman Sachs Michael Ng | 25%upside $115 | Buy Maintained | 7 May 2025 |
Financial journalist opinion
Based on 26 articles about ANET published over the past 30 days
