Arista Networks, Inc. (ANET)

NYSE: ANET · IEX Real-Time Price · USD
-1.10 (-0.41%)
At close: Feb 23, 2024, 4:00 PM
-0.43 (-0.16%)
After-hours: Feb 23, 2024, 7:57 PM EST
Market Cap 83.68B
Revenue (ttm) 5.86B
Net Income (ttm) 2.09B
Shares Out 312.63M
EPS (ttm) 6.58
PE Ratio 40.68
Forward PE 35.06
Dividend n/a
Ex-Dividend Date n/a
Volume 1,615,701
Open 269.53
Previous Close 268.76
Day's Range 264.00 - 273.74
52-Week Range 131.68 - 292.66
Beta 1.13
Analysts Strong Buy
Price Target 256.53 (-4.16%)
Earnings Date Feb 12, 2024

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) e... [Read more]

Sector Technology
IPO Date Jun 6, 2014
Employees 4,023
Stock Exchange NYSE
Ticker Symbol ANET
Full Company Profile

Financial Performance

In 2023, ANET's revenue was $5.86 billion, an increase of 33.75% compared to the previous year's $4.38 billion. Earnings were $2.09 billion, an increase of 54.34%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for ANET stock is "Strong Buy." The 12-month stock price forecast is $256.53, which is a decrease of -4.16% from the latest price.

Price Target
(-4.16% downside)
Analyst Consensus: Strong Buy
Stock Forecasts


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3 days ago - Barrons

Arista Networks stock soars past big tech rival Cisco

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Other symbols: CSCO
9 days ago - MarketBeat

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12 days ago - Schwab Network

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13 days ago - Reuters

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13 days ago - Schwab Network

Arista beats on earnings, but its stock pulls back

Arista Networks Inc. met expectations with its revenue outlook Monday while delivering an earnings beat for the most recent quarter, but its stock was pulling back in the extended session.

13 days ago - Market Watch

Arista Networks, Inc. Reports Fourth Quarter and Year End 2023 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today an...

13 days ago - Business Wire

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20 days ago - CNBC Television

Arista Networks to Announce Q4 2023 Financial Results on Monday, February 12th 2024

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended December 31st, 2023 after U.S. markets close on Monday, February 12th, ...

5 weeks ago - Business Wire

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2 months ago - CNBC

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SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large data center, campus and routing environments, today announced...

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3 months ago - Business Wire

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3 months ago - MarketBeat

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Other symbols: CSCO
3 months ago - Barrons

Arista Networks Unveils Zero Trust Networking Vision

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks (NYSE: ANET), a leading provider of cloud networking solutions, today announced an expanded zero trust networking architecture that uses the under...

3 months ago - Business Wire

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3 months ago - Market Watch

Arista Networks Stock Gains 14% To Hit Record High

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4 months ago - Forbes

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4 months ago - CNBC Television

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4 months ago - CNBC Television

Arista Networks, Inc. Reports Third Quarter 2023 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today an...

4 months ago - Business Wire

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4 months ago - CNBC Television

Nvidia and Arista see their stocks drop as Meta capex outlook trails estimates

Shares of Arista Networks Inc. ANET, -2.31% and Nvidia Corp. NVDA, -4.31% were falling in after-hours trading Wednesday after Facebook parent Meta Platforms Inc. META, -4.17% delivered a lower initial...

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4 months ago - Market Watch