Earnings Preview: Anticipating Arista Networks’ Upcoming Report

Arista Networks (ANET): Company Overview and Earnings Outlook

Based in Santa Clara, California, Arista Networks, Inc. specializes in developing and distributing advanced networking solutions that span data centers, campus networks, and routing applications. With a market capitalization of $183.4 billion, Arista stands out in the tech sector by offering a range of products such as Ethernet switches, pass-through cards, transceivers, and sophisticated operating systems. The company also delivers host adapter products and a suite of networking services. Investors are anticipating the release of Arista’s fiscal fourth-quarter earnings, scheduled for Thursday, February 12, after the market closes.

Anticipated Earnings and Recent Performance

Analysts are forecasting that Arista will post diluted earnings of $0.67 per share for the upcoming quarter, reflecting a 13.6% increase from the $0.59 per share reported in the same period last year. Notably, Arista has exceeded Wall Street’s earnings per share expectations in each of the previous four quarters.

Future Earnings Projections

Looking ahead, analysts estimate that Arista will achieve earnings per share of $2.60 for the current fiscal year, representing a 26.2% increase over the $2.06 reported in 2024. Projections for fiscal 2026 suggest EPS could climb another 13.9% to reach $2.96.

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Stock Performance Comparison

Over the past twelve months, Arista’s share price has advanced by 12.5%. This performance, while strong, trails the S&P 500 Index’s 16.7% gain and the 23.2% rise posted by the Technology Select Sector SPDR Fund (XLK) during the same period.

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Recent Developments and Analyst Ratings

On December 10, Arista’s stock rose 1.8% following the introduction of new campus networking features. These include VESPA technology for scalable Wi-Fi mobility, improvements to its AI-powered AVA platform, and expanded outdoor switching options powered by its EOS software. Company executives highlighted that demand for Arista’s integrated, software-centric networking solutions continues to grow, as clients seek streamlined operations, increased automation, and reliable performance across cloud, data center, and enterprise settings.

Analyst sentiment toward Arista remains highly positive. Of the 24 analysts covering the stock, 17 recommend a “Strong Buy,” two suggest a “Moderate Buy,” and five advise holding. The consensus price target stands at $167.22, implying a potential upside of 28% from current levels.