Arista Networks stock: Citigroup raises target for Arista Networks stock to USD 248.00
Published on 10/19/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Citigroup raised its Arista Networks target from USD 215.00 to USD 248.00 on October 8, 2026.
- Arista Networks will report third-quarter results on November 3, 2026.
- Arista Networks stock costs EUR 161.45 at Lang & Schwarz on October 19, 2026 at 4:34 p.m. CEST.
- Arista Networks traded at a P/E ratio of 57.27 and had a market capitalization of USD 229.3 billion on October 19, 2026.
Citigroup raised its Arista Networks price target from USD 215.00 to USD 248.00 on October 8, 2026, according to MarketBeat. Against the USD 181.82 home-market price, the new target stands 36.42 percent higher. At Lang & Schwarz, the stock was trading at EUR 161.45 on October 19, 2026 at 4:34 p.m. CEST.
Results date is November 3
Arista Networks will release results for the quarter ended September 30, 2026, after the US market close on November 3, 2026. The company also scheduled its earnings call for 4:30 p.m. ET that day, as stated in its October 6, 2026 release. That date gives the next firm checkpoint for the revenue and margin trajectory.
Price sits below yearly high
The NYSE quotation was USD 181.82 at 10:40 a.m. ET on October 19, 2026. Arista Networks traded between USD 114.52 and USD 217.41 over the preceding 52 weeks, leaving the latest home-market price 16.38 percent below the high. The same quotation showed 1,308,572 shares traded against an average volume of 6,028,468 shares.
Valuation and market comparison
Arista Networks had a market capitalization of USD 229.3 billion and a P/E ratio of 57.27 on October 19, 2026. Its business centers on Ethernet switches, routers and software for cloud, data-center and artificial-intelligence networks. The valuation figure places the company in a high-growth technology segment where the upcoming quarterly report carries particular weight.
Comparison with peers
Arista Networks (NYSE, USD): plus 2.73 percent, P/E 57.27, market capitalization USD 229.3 billion
Cisco Systems (NYSE, USD): minus 0.34 percent, P/E 32.06, market capitalization USD 422.0 billion
Juniper Networks (NYSE, USD): plus 0.05 percent, P/E 46.45, market capitalization USD 13.4 billion
What investors can measure next
The November 3 report will provide the next operating data point after second-quarter revenue of USD 3.04 billion and operating profit of USD 1.38 billion in the period ended June 30, 2026. The analyst target and the scheduled report date frame the market's next reference points.
The further course of trading is shown by the continuously updated real-time quote of Arista Networks stock.
Arista Networks market data
- Company: Arista Networks, Inc.
- ISIN: US0404132054
- Ticker: ANET
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 4:34 p.m. CEST): EUR 161.45
- Market capitalization: USD 229.3 billion (as of October 19, 2026)
- 52-week range: USD 114.52-217.41 (as of October 19, 2026)
- Sector / Industry: Information technology / Communications equipment
- Index membership: S&P 100
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
