Arista Networks stock is trading at $173.04 on Binance Futures, up 0.66% over 24 hours, while the underlying Arista Networks equity has been buoyed by a stronger-than-expected third quart...
Arista Networks reported third-quarter 2026 revenue of about $3.66 billion, above its $3.3 billion guide, with year-over-year growth of 58.5%, its fastest pace since the IPO, according to the company’s November 3 release. Management also said it launched open standards-based rack-scale architectures with partners including AMD, Arm, Broadcom, d-Matrix, Meta, Microsoft and Qualcomm, and noted that Arista was added to the S&P 100 in September 2026. Those are the two facts that matter most here: a clear operating beat and evidence that the AI networking story is still broadening. citeturn0search0turn0search1
That backdrop is what drove the broker reaction. Morgan Stanley lifted its target to $230 from $220 and kept an Overweight rating, citing Arista’s expanded total addressable market of more than $220 billion. UBS was more aggressive, raising its target to $291 from $259 and reiterating Buy, pointing to Arista’s raised outlook and initial 2027 revenue growth guide of 38% to 40%. StreetInsider also reported Piper Sandler raising its target to $261 and reiterating Arista as a top pick. citeturn0search2turn0search3turn0search4
04 and volume of $210,813. 74% over 24 hours. 0000%, which says the contract is not carrying an obvious long or short carry bias at this moment.
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