Here’s Why Wall Street Has a Mixed Opinion on Arista Networks (ANET)

Core Viewpoint - Arista Networks Inc. (NYSE:ANET) is experiencing mixed analyst sentiment, with UBS maintaining a Buy rating and a price target of $155, while Rosenblatt Securities has a Hold rating with a target of $140 [1][2]. Financial Performance - In fiscal Q3 2025, Arista Networks reported a revenue increase of 27.46% year-over-year, reaching $2.31 billion, which exceeded estimates by $41.76 million [3]. - The earnings per share (EPS) for Q3 was $0.75, surpassing consensus estimates by $0.04 [3]. - International revenue accounted for $468.3 million, representing over 20% of total quarterly revenue [3]. Future Guidance - Management has provided modest guidance for Q4, expecting revenue between $2.3 billion and $2.4 billion, which is below Wall Street's estimate of $3.3 billion [2]. - Analysts at UBS project a 20% growth for Arista Networks in fiscal 2026, which is considered reasonable given the company's recent growth rates of 27.75% over the past 12 months and a 24% compound annual growth rate (CAGR) over the last five years [4]. Market Sentiment - The stock has seen a 16% decline since the release of Q3 results, indicating a drop in investor sentiment despite the earnings beat [2].