These Analysts Boost Their Forecasts On Arista Networks After Upbeat Q2 Results

Arista Networks (NYSEANET) posted upbeat second-quarter financial results Tuesday after market close. Arista Networks reported second-quarter revenue of $3.04 billion, up 37.7% year-over-year. The revenue total beat a Street consensus estimate of $2.82 billion, according to data Pro. Earnings per share for the quarter were $1.02, beating a Street consensus estimate of 89 cents per share. “Our second quarter 2026 reflects strong, broad-based growth, with revenue up 37.7% and EPS up 39.7%. This performance underscores the strength of our market position and the continued dedication of our global team,” Arista Chief Financial Officer Chantelle Breithaupt said. Guidance from Arista calls for third-quarter revenue of $3.3 billion, higher than a Street estimate of $2.94 billion, according to Pro. The company expects third-quarter adjusted EPS in a range of $1.06 to $1.08, versus...