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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
5,559% more repeat investments, than reductions
Existing positions increased: 1,245 | Existing positions reduced: 22
78% more first-time investments, than exits
New positions opened: 284 | Existing positions closed: 160
21% more capital invested
Capital invested by funds: $80.1B [Q3] → $97.2B (+$17.1B) [Q4]
20% more funds holding in top 10
Funds holding in top 10: 56 [Q3] → 67 (+11) [Q4]
6% more funds holding
Funds holding: 1,461 [Q3] → 1,554 (+93) [Q4]
0.33% less ownership
Funds ownership: 66.9% [Q3] → 66.57% (-0.33%) [Q4]
16% less call options, than puts
Call options by funds: $1.58B | Put options by funds: $1.87B
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Needham Ryan Koontz 52% 1-year accuracy 55 / 106 met price target | 32%upside $130 | Buy Reiterated | 15 May 2025 |
Citigroup Atif Malik 43% 1-year accuracy 25 / 58 met price target | 14%upside $112 | Buy Maintained | 13 May 2025 |
Barclays Tim Long 65% 1-year accuracy 37 / 57 met price target | 21%upside $119 | Overweight Maintained | 8 May 2025 |
Goldman Sachs Michael Ng 53% 1-year accuracy 21 / 40 met price target | 17%upside $115 | Buy Maintained | 7 May 2025 |
Piper Sandler James Fish 57% 1-year accuracy 16 / 28 met price target | 9%downside $89 | Neutral Reiterated | 7 May 2025 |
Financial journalist opinion
Based on 41 articles about ANET published over the past 30 days









