Zacks downgrades Arista Networks stock to Hold before Q3 results
Published on 10/12/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Zacks Research downgraded Arista Networks from Strong Buy to Hold on October 7, 2026.
- Second-quarter revenue rose 37.70 percent year over year to USD 3.04 billion.
- Arista targets USD 12.60 billion in 2026 revenue, while Q3 results are scheduled for November 3, 2026.
- Arista Networks stock was trading at EUR 193.75 at Lang & Schwarz, 0.50 percent above the October 9, 2026 Xetra close.
Arista Networks (ISIN US0404132054) was trading at EUR 193.75 at Lang & Schwarz on October 12, 2026 at 11:20 a.m. CEST, 0.50 percent above the Xetra close of October 9, 2026 at EUR 192.78. MarketBeat reported on October 7, 2026 that Zacks Research downgraded Arista Networks from Strong Buy to Hold.
Three milestones shape the story
On August 4, 2026, Arista reported second-quarter revenue of USD 3.04 billion, up 37.70 percent year over year, while adjusted earnings per share reached USD 1.02 versus a USD 0.89 consensus estimate, according to Yahoo Finance.
On October 6, 2026, Arista scheduled its third-quarter results for November 3, 2026, after the U.S. market close, according to the company's official release. On October 7, 2026, the company announced open Ethernet rack-scale architectures supporting up to 144 accelerators per rack, as reported by Finanznachrichten.
What dates matter next?
Arista's next reporting date is November 3, 2026, followed by the UBS Global AI and Tech Conference on December 1, 2026, where Chief Financial Officer Chantelle Breithaupt is scheduled to participate, according to the company's October 6 release. The dates put the next earnings update ahead of two investor events in December.
What does the AI push mean for growth?
Management raised its 2026 revenue outlook to USD 12.60 billion, implying 40.00 percent annual growth, according to Yahoo Finance. The same call set an AI Fabrics revenue goal of at least USD 3.50 billion and disclosed USD 9.70 billion in purchase commitments at the end of the second quarter, making execution and supply availability central to the growth case.
The valuation counterweight is visible in the analyst split. Zacks moved to Hold, while MarketBeat cited a broader consensus Buy rating and an average target of USD 231.70 on October 7, 2026. That gap reflects a market weighing rapid AI networking demand against elevated expectations.
Stock trades above the Xetra close
Arista Networks stock was trading at EUR 193.75 at Lang & Schwarz on October 12, 2026 at 11:20 a.m. CEST, up EUR 0.97 or 0.50 percent versus the Xetra close of October 9, 2026 at EUR 192.78. Its NYSE reference was USD 216.74 on October 9, 2026 at 4:00 p.m. EDT, while the USD 114.52 to USD 217.41 52-week range places the latest U.S. quote near its yearly high.
The further course of trading is shown by the continuously updated real-time quote of Arista Networks stock.
Arista Networks stock facts
- Company: Arista Networks, Inc.
- ISIN: US0404132054
- WKN: A40V33
- Ticker: ANET
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 11:20 a.m. CEST): EUR 193.75
- Change versus Xetra close: plus 0.50 percent
- Xetra close (October 9, 2026): EUR 192.78
- Market capitalization: USD 272.9 billion (as of October 9, 2026)
- 52-week range: USD 114.52-217.41 (as of October 9, 2026)
- Sector / Industry: Technology / Computer Hardware
- Index membership: S&P 100
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
