Arista Networks Q2 revenue, adjusted EPS ease past estimates
ANET•Outlook for Q3 2026
The company expects third-quarter 2026 revenue of approximately $3.3 bln.
Arista Networks also sees third-quarter 2026 non-GAAP operating margin of 48% to 49% and expects non-GAAP diluted EPS between $1.06 and $1.08.
Drivers and analyst view
The company said new 1.6 Tbps AI fabric platforms and next-generation Etherlink platforms helped drive second-quarter results.
CFO said strong, broad-based growth across product and service segments contributed to revenue and EPS increases.
The current average analyst rating on the shares is "buy", and the breakdown of recommendations is 27 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell". The average consensus recommendation for the communications & networking peer group is "buy".
Wall Street's median 12-month price target for Arista Networks Inc is $192.23, about 4% above its August 3 closing price of $184.89. The stock recently traded at the next 12-month earnings versus a three months ago.
