Arista Networks Set for Q1 Beat: $2.61B Revenue and Higher 2026 Targets
Evercore ISI analyst added Arista Networks to its tactical outperform list ahead of its May 5 Q1 report, projecting revenue above $2.61 billion and EPS above $0.81 on robust AI-driven demand and enterprise momentum. The firm expects Q2 revenue above $2.78 billion and a qualitative raise to Arista’s $11.25 billion full-year target.
1. Analyst Adds Arista to Outperform List
Analyst Amit Daryanani added Arista Networks to his tactical outperform list ahead of its May 5 first-quarter earnings, anticipating the company will exceed consensus estimates of $2.61 billion in revenue and $0.81 in EPS with beat-and-raise potential.
2. AI and Enterprise Momentum Fuel Growth
Strong AI-driven demand and sustained enterprise spending, along with incremental wins at Anthropic and Google, are expected to drive Arista’s server networking sales higher, supported by a shift from 800G to 1.6T infrastructure.
3. Q2 Revenue Guidance and Full-Year Target Raise
The company is forecast to guide second-quarter revenue above $2.78 billion and qualitatively raise its full-year revenue target beyond roughly $11.25 billion, underpinned by hyperscaler capital expenditure approaching $700 billion in 2026 across top cloud providers.