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StocksMediumUpdated×6•Originally published 16 April 2026•Updated 17 April 2026•

1 min read

Zacks Upgrades Arista Networks to Strong Buy on AI Infrastructure Growth

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Key Facts

1Zacks Research upgraded Arista Networks from a 'hold' rating to a 'strong-buy' rating.

about 2 months ago

Version History

Version 6about 2 months ago

What changed: Updated the story to include Arista Networks beating earnings and revenue estimates, noting insider selling activity, and including the rating upgrade for State Street.

Version 5about 2 months ago

What changed: Updated the story to include Rosenblatt's price target upgrade to $180, Erste Group's higher EPS estimates, and the identification of the Q1 earnings date as a key catalyst.

Version 4about 2 months ago

What changed: The story was updated to reflect the jump in 2026-2027 EPS estimates and the focus on the 'Arista 2.0' strategy, while introducing concerns regarding margin pressure and rising costs.

Version 3about 2 months ago

What changed: Updated the story to include a new upgrade from Rosenblatt Securities and a 7% stock surge driven by optimism over Ethernet platforms.

Version 2about 2 months ago

What changed: Updated the story to include the 4.2% stock price increase, specific financial metrics (EPS of $0.82 and $2.49B revenue), and the consensus price target of $177.83.

Version 1about 2 months ago

What changed: Updated the story to include JPMorgan's price target hike for Arista following strong earnings, while noting insider selling activity and a price target cut for sector peer Calix.

Arista Networks (ANET) solidified its market position by reporting quarterly earnings of $0.82 per share, surpassing the consensus estimate of $0.75. Revenue reached $2.49 billion, marking a robust 28.9% year-over-year increase driven by the 'Arista 2.0' strategy and high demand for Ethernet platforms. These results complement recent analyst optimism, including Erste Group Bank raising its FY2027 EPS estimate to $3.80 and Rosenblatt setting a $180 price target. Despite the strong performance, data revealed that company insiders sold approximately 199,632 shares worth $26.9 million over the last 90 days. Separately, in the financial sector, Bank of America Securities upgraded State Street (STT) to a 'Hold' rating.