Arista Networks Inc (ANET)
| Market Cap | 130.26B |
| Revenue (ttm) | 7.00B |
| Net Income (ttm) | 2.85B |
| Shares Out | 1.26B |
| EPS (ttm) | 2.23 |
| PE Ratio | 46.54 |
| Forward PE | 41.57 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,466,320 |
| Open | 104.70 |
| Previous Close | 103.40 |
| Day's Range | 103.50 - 104.55 |
| 52-Week Range | 60.08 - 133.58 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 112.78 (+9.19%) |
| Earnings Date | Feb 18, 2025 |
About ANET
Arista Networks Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center and cloud networking systems, including newer artificial intelligence (AI) eth... [Read more]
Financial Performance
In 2024, Arista Networks's revenue was $7.00 billion, an increase of 19.50% compared to the previous year's $5.86 billion. Earnings were $2.85 billion, an increase of 36.64%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for ANET stock is "Buy." The 12-month stock price forecast is $112.78, which is an increase of 9.19% from the latest price.
News
Arista Networks May See Growth Accelerate In 2027
Arista Networks reported strong FY24 revenue of $7 billion, surpassing guidance, and is projected to grow 17% in FY25, driven by hyperscaler investments. The cadence in transitioning from 100G, 200G, ...
Arista Networks: Finally A Buy As It Increasingly Becomes A Gen-AI Winner
Arista Networks looks a lot more compelling now, thanks to the robust data center related spending trends, as similarly reiterated by numerous market leaders. This is on top of the growing High Speed ...
Arista Networks Q4: Growth From Microsoft And Meta CAPEX Spending
I reiterate a “Strong Buy” on Arista Networks Inc, driven by their expansion into Etherlink AI and security network markets, with a target price of $125 per share. Arista's 25.3% revenue growth and 21...
Arista Networks Analysts Evaluate 25% Q4 Growth Against Lower-Than-Expected Annual Guidance
Shares of Arista Networks Inc ANET were trading lower on Wednesday, despite the company reporting upbeat fourth-quarter results.
Cramer's Mad Dash: Arista Networks
Jim Cramer explains why he's keeping an eye on shares of Arista Networks.
ANET Slips Despite Strong A.I. Showing, TOL Continues Housing Weakness
Toll Brothers (TOL) sold off on continued housing weakness in earnings, though parts of its report show other factors behind the selling action. Arista Networks (ANET) traded lower despite posting str...
Arista Stock Falls After Earnings. Why Meta Is Partly to Blame.
The networking equipment company easily beat quarterly estimates for earnings and sales.
Arista Networks Earnings: Not Enough Upside For This Inflection Investor
Arista Networks had an impressive 2024, but the current valuation at 32x forward non-GAAP operating profits makes it less enticing. Despite strong AI networking prospects, much of ANET's growth is alr...
Arista Networks Inc (ANET) Q4 2024 Earnings Call Transcript
Arista Networks Inc (NYSE:ANET) Q4 2024 Earnings Conference Call February 19, 2025 4:30 PM ET Company Participants Rudolph Araujo - Investor Advocacy Jayshree Ullal - Chairperson and Chief Executive ...
Arista Networks Posts Better-Than-Expected Revenue, Outlook
Arista Networks (ANET) reported fourth-quarter results that beat analysts' estimates, and offered a better-than-expected outlook.
Arista Networks sees first-quarter revenue above estimates as AI boom fuels demand
Arista Networks forecast first-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence applications and ...
Arista Networks, Inc. Reports Fourth Quarter and Year End 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, toda...
The Setup: Arista Networks, Garmin, Walmart, Shake Shack and Block
The Investment Committee give you The Setup on some key earnings reporting this week.
ANET Earnings After Close & Options Ahead of Report
Arista Networks (ANET) will report earnings after the closing bell. The company's stock tumbled with the majority of A.I.
Arista Networks Q4: Will Tepper's Sell-Off, Bearish Charts Overshadow A 5% Upside?
Arista Networks Inc ANET will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 57 cents in EPS and $1.90 billion in revenues as the company reports after market hours.
Arista Networks: Riding A Secular Tailwind
Arista Networks Inc is an industry leader in client-to-cloud networking for large data centers, school campuses, and routing environments. Arista Networks has many competitive advantages against their...
Arista Networks: AI Capex Will Only Expand
Arista Networks should benefit from increased AI capex by top clients Microsoft and Meta Platforms, signaling potential revenue growth beyond current market expectations. Most recently, Meta Platforms...
Arista Networks to Announce Q4 2024 Financial Results on Tuesday, February 18, 2025
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET) will release its financial results for the quarter ended December 31st, 2024, after U.S. markets close on Tuesday, February 18t...
Josh Brown's 'best stocks in the market'
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to update his 'best stocks in the market' list.
Arista Networks, Inc. (ANET) Raymond James 2024 TMT & Consumer Conference - (Transcript)
Arista Networks, Inc. (NYSE:ANET) Raymond James 2024 TMT & Consumer Conference Call December 10, 2024 3:00 PM ET Company Participants Ashwin Kohli - Chief Customer Officer Chantelle Breithaupt - Chie...
Jim Cramer talks companies that joined the $100 billion club this year
'Mad Money' host Jim Cramer looks at companies that joined the $100 billion club this year.
Jim Cramer reviews companies that cracked $100 billion in 2024
CNBC's Jim Cramer reviewed several companies that surpassed $100 billion in market cap this year, noting that the names capture the "zeitgeist of the moment" on the market. Palantir, AppLovin, Spotify...
Arista Networks: We Missed The Boat - Still Overly Expensive Here
Arista Networks' strategic partnerships with AVGO, META, and MSFT have yielded robust performance metrics, with it bringing forth promising long-term prospects. This is on top of the growing market sh...