Arista Networks stock: Citigroup lifts target to USD 248.00 for Arista Networks stock
Published on 10/16/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- Citigroup raised its Arista Networks target from USD 215.00 to USD 248.00 on October 8, 2026.
- Arista Networks carried a P/E ratio of 57.26 as of October 16, 2026.
- Arista Networks stock costs EUR 161.44 at Lang & Schwarz on October 16, 2026 at 5:04 p.m. CEST.
- Arista Networks had a USD 228.0 billion market capitalization as of October 16, 2026.
Citigroup raised its Arista Networks target from USD 215.00 to USD 248.00 on October 8, 2026, according to MarketBeat. The target is 37.17 percent above the USD 180.80 Nasdaq price at 11:09 a.m. ET on October 16, 2026. Arista Networks was trading at EUR 161.44 at Lang & Schwarz on October 16, 2026 at 5:04 p.m. CEST.
Valuation remains central
Arista Networks had a market capitalization of USD 228.0 billion and a P/E ratio of 57.26 as of October 16, 2026. The figures place valuation alongside the updated analyst target as the clearest market measure for the stock.
The Nasdaq-listed networking company also carried a USD 114.52 to USD 217.41 52-week range on October 16, 2026. At USD 180.80, the stock stood 16.84 percent below that high and 57.87 percent above the low.
Networking remains the business base
Arista Networks develops Ethernet switches, routers and software for data centers, cloud networks, campus systems and high-performance computing. Its product portfolio includes the EOS network operating system and CloudVision management software, while its corporate website highlights rack-scale architectures for artificial intelligence networks.
The current valuation also reflects the company profile: a communications-equipment business exposed to data-center investment and artificial intelligence infrastructure. The price target provides a dated market comparison, while the 52-week range shows that the Nasdaq quotation remains below its October peak.
Price and market details
The Nasdaq quote was USD 180.80 at 11:09 a.m. ET on October 16, 2026. Arista Networks stock had a volume of 1,494,525 shares against an average volume of 6,039,512 shares on that date.
Arista Networks stock was trading at EUR 161.44 at Lang & Schwarz on October 16, 2026 at 5:04 p.m. CEST. The euro quote is the investor-facing market level for this report, while the Nasdaq figures provide the home-market valuation context.
Arista Networks market details
- Company: Arista Networks, Inc.
- ISIN: US0404132054
- Ticker: ANET
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 16, 2026, 5:04 p.m. CEST): EUR 161.44
- Market capitalization: USD 228.0 billion (as of October 16, 2026)
- 52-week range: USD 114.52-217.41 (as of October 16, 2026)
- Sector / Industry: Information Technology / Communications Equipment
Market context: Market report Nasdaq Composite.
