Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Arista Networks (ANET)
NYSE:ANET
Arista Networks (ANET) Stock Price & Analysis
4,586 Followers
ANET Stock Chart & Stats
Day’s Range$276.33 - $295.62
52-Week Range― - ―
Previous Close$273.99
Volume4.16M
Average Volume (3M)N/A
Market Cap
$92.53B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Jul 29, 2024EPS Estimate
$1.89Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$304.81Price Target Upside3.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Arista Networks News
Bulls Say, Bears Say
Bulls Say
Competitive PositioningAnalysts have raised their revenue and EPS projections for Arista and set a higher price target, reflecting optimism about the company's growth prospects.
Financial PerformanceArista Networks Inc. reported higher-than-expected earnings per share and revenue, indicating robust financial performance.
Market OutlookThe company's revised revenue growth guidance suggests a strong outlook and increased market confidence.
Bears Say
Financial ForecastANET did not raise outlook for 2024 revenue growth, which was a disappointment to some investors.
Inventory ManagementANET experienced significant inventory write-downs of approximately $234.4 million, indicating potential issues with inventory management or demand forecasting.
Market OutlookVisibility into 2024 is lower than in prior years, especially given the high correlation of switching demand to the current declines in server orders.
---
Ownership Overview
21.07% Insiders
25.02% Mutual Funds
20.65% Other Institutional Investors
33.26% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ANET FAQ
What was Arista Networks’s price range in the past 12 months?
Currently, no data Available
What is Arista Networks’s market cap?
Currently, no data Available
When is Arista Networks’s upcoming earnings report date?
Arista Networks’s upcoming earnings report date is Jul 29, 2024 which is in 81 days.
How were Arista Networks’s earnings last quarter?
Arista Networks released its earnings results on May 07, 2024. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.738 by $0.252.
Is Arista Networks overvalued?
According to Wall Street analysts Arista Networks’s price is currently Undervalued.
Does Arista Networks pay dividends?
Arista Networks does not currently pay dividends.
What is Arista Networks’s EPS estimate?
Arista Networks’s EPS estimate is $1.89.
How many shares outstanding does Arista Networks have?
Currently, no data Available
What happened to Arista Networks’s price movement after its last earnings report?
Arista Networks reported an EPS of $1.99 in its last earnings report, beating expectations of $1.738. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Arista Networks?
Among the largest hedge funds holding Arista Networks’s share is Gilder Gagnon Howe & Co LLC.. It holds Arista Networks’s shares valued at 97M.
---
Arista Networks Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$304.81 (3.30% Upside)
$304.81 (3.30% Upside)
Blogger Sentiment
Bullish
ANET Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 186.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.0%
Last 30 Days ▼ 3.0%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
98.57%
12-Months-Change
Fundamentals
Return on Equity
34.70%
Trailing 12-Months
Asset Growth
39.87%
Trailing 12-Months
Company Description
Arista Networks
Incorporated in 2004, Arista Networks, Inc. is a computer networking company based in California. The company is engaged in the development, marketing, and sale of cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
---
ANET Company Deck
---
ANET Earnings Call
Q1 2024
0:00 / 0:00
---
ANET Revenue Breakdown
85.83% Product
14.17% Service
---
ANET Stock 12 Month Forecast
Average Price Target
$304.81
▲(3.30% Upside)
Technical Analysis
Best Analysts Covering ANET
1 Year
1 Year Success Rate
26/26 ratings generated profit
1 Year Average Return
+57.27%
reiterated a buy rating 3 months ago
Copying Erik Suppiger's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +57.27% per trade.
---