Core Viewpoint - Arista Networks, Inc. is a leading provider of high-performance cloud networking solutions, with a market cap of $164 billion, focusing on Ethernet switches, software, and automation platforms for large data centers and enterprise networks [1] Performance Summary - Over the past year, Arista Networks' shares have gained 11.4%, slightly underperforming the S&P 500 Index, which increased by 12.2% [2] - Year-to-date in 2026, ANET stock is down 1.8%, compared to a marginal decline in the S&P 500 Index [2] - ANET has also underperformed the Pacer Data and Digital Revolution ETF, which has gained 15.6% over the past year [3] Recent Developments - On December 10, shares of Arista Networks rose by 1.8% following the announcement of major upgrades to its Cognitive Campus platform, including the launch of Arista VESPA for large-scale WLAN mobility and an expanded AVA agentic AI system [5] - These upgrades emphasize Arista's strategy of delivering a unified, AI-driven network experience across various environments [5] Earnings Expectations - For FY2025, analysts project Arista Networks' EPS to grow by 26.2% to $2.60 on a diluted basis, with a strong earnings surprise history [6] - The consensus among 24 analysts covering ANET stock is a "Strong Buy," supported by 17 "Strong Buy" ratings, two "Moderate Buys," and five "Holds" [6] Analyst Ratings - The configuration of analyst ratings has improved, with 16 analysts previously suggesting a "Strong Buy" rating [7] - On January 6, Arista Networks received an upgrade from Piper Sandler, raising the stock's rating from "Neutral" to "Overweight," and increasing the price target from $145 to $159, indicating a 9.7% upside [7]

Core Insights - Arista Networks, Inc. (NYSE:ANET) is currently considered one of the most profitable stocks on the NYSE, with Mizuho Securities reiterating a Buy rating and setting a price target of $175 [1]. Product Developments - On December 10, Arista Networks announced advancements for Cognitive Campus scale, introducing Arista Virtual Ethernet Segment with Proxy ARP (Arista VESPA) for WLAN mobility, which allows for the deployment of large-scale mobility domains supporting over 500,000 clients [2]. - The company also expanded its Arista AVA® (Autonomous Virtual Assist) agentic AI framework, enhancing operational simplicity and proactive intelligence in AIOps [3]. - Two new ruggedized platforms, 710HXP-28TXH and 710HXP-20TNH, were introduced, designed for demanding industrial or outdoor environments, featuring a 1RU 24-port switch with an IP30 rating and a 20-port Din Rail switch with an IP50 rating [3]. Availability and Offerings - All newly announced software capabilities and switch platforms are expected to be generally available by fiscal Q1 2026 [4]. - Arista Networks develops and sells cloud networking solutions, including EOS, Gigabit Ethernet switching, and routing platforms, along with various product categories such as Core, Cognitive Adjacencies, and Network Software and Services [4].