Arista Networks Trading Volume Drops 31.74% to 9.59 Billion, Ranked 87th in Market Activity

On July 14, 2025, Arista Networks (ANET) experienced a significant decline, with its trading volume dropping by 31.74% to 9.59 billion, placing it at the 87th position in the day's market activity. The stock price decreased by 0.18%.

Citi analysts have expressed optimism about Arista Networks, predicting that its shares will outperform over the next three months. This expectation is based on anticipated upward revisions to the company’s second-half and full-year outlook, which will be reported on August 5. Citi believes that Arista will provide September quarter guidance and an updated FY25 outlook, potentially increasing the company’s outlook for 17% year-over-year topline growth, which could drive upward revisions to the second-half consensus for 15% year-over-year topline growth.

Citi has raised its full-year 2025 revenue forecast for Arista to $8.6 billion, a 23% year-over-year increase, citing the company's strength in the front end and improving trends in data center switching. The firm remains bullish on hyperscale data center capital expenditure and sees potential upside in the second half of 2025 and FY25 as Arista benefits from an expanding Ethernet switching total addressable market.

For the June quarter, Citi projects revenue of $2.1 billion, in line with guidance and consensus, with earnings per share (EPS) of $0.65. The firm noted that management guided to a specific point for sales instead of the typical range, reflecting their confidence. Citi also lifted its FY25/26 EPS forecasts by 4% and 5%, respectively, and increased its price target on Arista shares to $123, based on a 39x multiple of FY26 earnings.

Arista Networks has consistently taken market share in the data center space over the past decade, making it one of the best-performing stocks in this sector. The company's earnings-per-share increased from 25% to 30%, and revenue rose from 25% to 28%. Sowell Financial Services LLC acquired a new position in Arista Networks shares during the first quarter, worth about $629,000, indicating institutional interest in the company.