Arista Networks Draws Broad Buy Ratings After Guidance Hike, Consensus Target Set at $177.50

Overview

• Following a fourth‑quarter beat, Arista raised its 2026 revenue outlook to about $11.25 billion and doubled its AI networking target to $3.25 billion.
• As of March 11, roughly 93% of covering analysts rate the stock positively, with a consensus price target of $177.50 implying about 27.6% upside.
• TD Cowen initiated coverage at Buy with a $170 target, and Needham’s Ryan Koontz lifted his target to $185 after the company increased its 2026 guidance by roughly 6%.
• Recent results show 28.6% revenue growth over the last 12 months and a 42.8% net margin, supporting analyst views that a near 40x earnings multiple is justified.
• Market signals include a sale of 8,000 April $105 put contracts viewed as a bullish stance, alongside continued institutional interest with 91 hedge fund holders at quarter‑end.