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Arista Networks (ANET)
NYSE:ANET
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ANET Stock Chart & Stats
Day’s Range― - ―
52-Week Range$60.08 - $120.28
Previous CloseN/A
Volume1.70M
Average Volume (3M)6.11M
Market Cap
$144.76B
Enterprise Value$115.57B
Total Cash (Recent Filing)$867.83M
Total Debt (Recent Filing)$39.59M
Price to Earnings (P/E)55.7
Beta1.68
Next Earnings
Feb 13, 2025EPS Estimate
0.57Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.08
Shares Outstanding1,259,759,500
10 Day Avg. Volume6,256,230
30 Day Avg. Volume6,105,781
Standard Deviation0.11
R-Squared0.27
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)22.12
Price to Cash Flow (P/CF)31.10
P/FCF Ratio31.30
Enterprise Value/Market Cap0.80
Enterprise Value/Revenue17.48
Enterprise Value/Gross Profit31.83
Enterprise Value/Ebitda37.56
Forecast
1Y Price Target
$119.13Price Target Upside0.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Arista Networks News
PremiumMarket News
SPY ETF Update, 12/6/2024 Bulls Say, Bears Say
Bulls Say
AI Networking GrowthArista Networks has a strengthening position in AI networking, which is seen as a major growth opportunity.
Revenue And Growth PotentialDeferred revenue showed significant growth, reaching $2.507 billion, indicating strong potential in AI network deployment.
Stock SplitThe four-for-one stock split allows shareholders to receive three additional shares, which may increase liquidity and attractiveness to investors.
Bears Say
Financial PerformanceManagement relayed future revenue, gross margin, and operating margin guidance that was below expectations.
Investment ExpectationsThere is little opportunity for the stock to re-rate meaningfully on Q3 earnings due to high buyside expectations.
Market CompetitionShares of ANET have seemingly come under some pressure following Meta's Minipack 51.2T switch announcement.
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Ownership Overview
3.30% Insiders
4.20% Mutual Funds
0.28% Other Institutional Investors
80.75% 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.
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ANET FAQ
What was Arista Networks’s price range in the past 12 months?
Arista Networks lowest stock price was $60.08 and its highest was $120.28 in the past 12 months.
What is Arista Networks’s market cap?
Arista Networks’s market cap is $144.76B.
When is Arista Networks’s upcoming earnings report date?
Arista Networks’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
How were Arista Networks’s earnings last quarter?
Arista Networks released its earnings results on Nov 07, 2024. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.08.
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 0.57.
How many shares outstanding does Arista Networks have?
Arista Networks has 1,259,759,500 shares outstanding.
What happened to Arista Networks’s price movement after its last earnings report?
Arista Networks reported an EPS of $0.6 in its last earnings report, beating expectations of $0.52. Following the earnings report the stock price went down -7.099%.
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 143M.
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Arista Networks Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$119.13 (0.85% Upside)
$119.13 (0.85% Upside)
Blogger Sentiment
Bullish
ANET Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 204.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 8.3%
Last 30 Days ▲ 8.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
86.57%
12-Months-Change
Fundamentals
Return on Equity
33.83%
Trailing 12-Months
Asset Growth
41.65%
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.
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ANET Company Deck
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ANET Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected strong revenue and earnings growth, driven by AI networking expansion and improved gross margins. However, challenges such as slower progress with one AI customer and extended semiconductor lead times were noted. Overall, the positive growth and strategic advancements in AI networking suggest a positive sentiment.Read More>---
ANET Revenue Breakdown
79.37% Americas
11.45% EMEA
9.18% APAC
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ANET Stock 12 Month Forecast
Average Price Target
$119.13
▲(0.85% Upside)
Technical Analysis
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Best Analysts Covering ANET
1 Year
1 Year Success Rate
26/26 ratings generated profit
1 Year Average Return
+66.20%
reiterated a buy rating 11 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 +66.20% per trade.
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