TD Cowen cuts target for Arista Networks stock to USD 205
Published on 10/23/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings schedule
- TD Cowen cut its Arista Networks target from USD 250 to USD 205 on October 20, 2026.
- Second-quarter revenue reached USD 3.04 billion, up 37.7 percent year over year.
- Arista Networks stock was trading at EUR 155.78 at 10:36 a.m. CEST at Lang & Schwarz on October 23, 2026.
- Arista Networks will release third-quarter results on November 3, 2026.
Arista Networks (ISIN US0404132054) was trading at EUR 155.78 at Lang & Schwarz on October 23, 2026 at 10:36 a.m. CEST. MarketBeat reported that TD Cowen cut its Arista Networks target from USD 250 to USD 205 on October 20, 2026, while keeping a buy rating.
Three events reset the setup
On August 4, 2026, MarketBeat reported second-quarter revenue of USD 3.04 billion, up 37.7 percent year over year. The same report said earnings per share reached USD 1.02 against a USD 0.89 consensus estimate.
On October 6, 2026, Arista Networks set November 3, 2026, for its third-quarter report. The October 20 target cut is the latest of these three dated developments.
What does the target cut mean?
The change matters because TD Cowen kept its buy rating while reducing the target by USD 45, or 18.00 percent from USD 250. The lower target contrasts with Arista's reported growth: second-quarter revenue rose from USD 2.20 billion in the prior-year quarter to USD 3.04 billion, while net income increased from USD 888.8 million to USD 1.21 billion, according to MarketBeat.
November report is the next test
The next scheduled company date is November 3, 2026, when Arista will release results for the quarter ended September 30, 2026. The company said the management call will begin at 4:30 p.m. ET, according to Arista Networks. A further investor event is scheduled for December 1, 2026, at the UBS Global AI and Tech Conference.
Growth meets valuation pressure
Arista's second-quarter revenue growth gives the November report a high numerical hurdle, while the target reduction shows that analysts can become more cautious even as operating performance expands. The price in Germany therefore sits alongside two competing signals: rapid reported growth and a lower USD 205 target from TD Cowen.
Arista Networks was trading at EUR 155.78 at Lang & Schwarz on October 23, 2026 at 10:36 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Arista Networks stock.
Arista Networks at a glance
- Company: Arista Networks, Inc.
- ISIN: US0404132054
- Ticker: ANET
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 10:36 a.m. CEST): EUR 155.78
- Market capitalization: USD 215.8 billion (as of October 22, 2026)
- Sector / Industry: Technology / Computer Hardware
- Index membership: S&P 100
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
