Arista Networks stock builds on record Q3 with stronger AI outlook
Published on 11/10/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord growth raises the stakes
- Arista posted third-quarter revenue growth of 58.5 percent, its strongest year-over-year expansion since the IPO.
- Management expects fourth-quarter revenue of 3.9 billion to 4.0 billion US dollars.
- AI networking demand and the expanded product portfolio remain central to the growth outlook.
Arista Networks reported record third-quarter growth on November 3, 2026, and raised its near-term outlook as demand for AI and data-center networking remained strong. According to the company's third-quarter financial release, revenue reached 3.66 billion US dollars for the period ended September 30, up 58.5 percent from a year earlier.
What has changed since the last report
The latest quote is 2.07 percent above the 166.88 euros reported on November 9. Arista Networks stock traded at 170.34 euros on Lang & Schwarz at 16:08 CET on Tuesday, November 10, 2026.
The quarterly result added operating evidence to the AI growth narrative. GAAP diluted earnings per share rose to 1.22 US dollars from 0.67 US dollars a year earlier, while non-GAAP diluted earnings per share reached 1.20 US dollars, compared with 0.77 US dollars in the prior-year quarter.
Higher target sets the next test
Arista expects fourth-quarter revenue of 3.9 billion to 4.0 billion US dollars. The company also forecasts a non-GAAP operating margin of 48 percent to 49 percent and non-GAAP diluted earnings per share of 1.26 US dollars to 1.30 US dollars.
The outlook raises the execution bar for the final quarter. Arista is expanding open Ethernet rack-scale architectures for scale-up and scale-out AI networks, while its broader portfolio targets large data centers, campus networks and routing environments. The release said the company was added to the S&P 100 in September.
Arista Networks stock
- Company: Arista Networks, Inc.
- ISIN: US0404132054
- NYSE ticker: ANET
- Lang & Schwarz quote: 170.34 euros at 16:08 CET on November 10, 2026
- Change since November 9 report: plus 2.07 percent
- Third-quarter revenue: 3.66 billion US dollars for the period ended September 30, 2026
- Fourth-quarter revenue outlook: 3.9 billion to 4.0 billion US dollars
US technology stocks remain sensitive to expectations for AI infrastructure spending and quarterly execution. Investors can follow current S&P 500 market developments.
More news and analysis are available on Arista Networks stock.
