Arista Networks, Inc. (NYSE:ANET) is one of the On May 7, Barclays bumped up the price target for Arista Networks, Inc. (NYSE:ANET) to $195 from $184.
It retained an “Overweight” rating on the stock
On May 5, Arista Networks, Inc. (NYSE:ANET) reported revenue of $2.709 billion for Q1 2026, going up by 35.1% year over year and 8.9% sequentially, the company said. It had $1.69 billion in operating cash flow alongside that growth. The company held margins flat YoY, with GAAP and non-GAAP operating margins of 42.7% and 47.8%, respectively.
Meanwhile, Arista extended earnings growth, with GAAP EPS of $0.80 and non-GAAP EPS of $0.87, up from $0.64 and $0.66 a year earlier. CFO Chantelle Breithaupt said the company delivered “35% revenue growth alongside $0.87 non-GAAP EPS,” with disciplined execution despite macro and supply chain volatility. CEO Jayshree Ullal said that the firm’s results and net promoter score of 89 signal a “strong start” for 2026.