Arista Networks beat earnings estimates in Q4 2026 with strong revenue and profit growth, leading to stock upgrades and a $167 billion market cap.

Arista Networks reported strong Q4 earnings on February 12, 2026, with $0.82 EPS and $2.49 billion in revenue, beating estimates and marking a 28.9% year-over-year revenue increase. The company’s net margin reached 38.99% and return on equity was 30.37%. Multiple firms upgraded the stock, with price targets ranging from $165 to $200, and the average analyst rating remains “Moderate Buy” at $176.88. The stock opened at $132.90 on February 25, with a market cap of $167 billion and a P/E ratio of 48.15. Institutional ownership stands at 82.47%, while insider sales totaled $25.6 million in the quarter, reducing insider ownership to 3.39%. Arista provides high-performance cloud networking solutions using its Extensible Operating System (EOS).