Arista Networks, Inc. (ANET)
| Market Cap | 30.28B |
| Revenue (ttm) | 2.63B |
| Net Income (ttm) | 728.59M |
| Shares Out | 76.46M |
| EPS (ttm) | 9.16 |
| PE Ratio | 43.14 |
| Forward PE | 33.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 116,138 |
| Open | 393.50 |
| Previous Close | 394.71 |
| Day's Range | 390.85 - 395.46 |
| 52-Week Range | 200.35 - 396.51 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 405.28 (+2.5%) |
| Est. Earnings Date | Nov 1, 2021 |
About ANET
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industrie...
Financial Performance
In 2020, ANET's revenue was $2.32 billion, a decrease of -3.87% compared to the previous year's $2.41 billion. Earnings were $634.56 million, a decrease of -26.17%.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for ANET stock is "Buy." The 12-month stock price forecast is 405.28, which is an increase of 2.53% from the latest price.
News
1 Sleeper Stock Set to Crush the Market in 2022 (and Beyond)
This cloud computing company often flies under the radar.
Gains Disappear As Rotation Continues; Teck Resources, Palo Alto Networks, Arista Networks In Focus
Gains disappear as rotation continues; Teck Resources, Palo Alto Networks, and Arista Networks in focus. Investor's Business Daily has been helping people invest smarter results by providing exclusive s...
Arista Expands Its Cognitive Campus With the Latest Generation Wi-Fi 6E Solution
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Expands its Cognitive Campus with the latest generation Wi-Fi solution.
Arista Networks to Announce Q3 2021 Financial Results on Monday, November 1st, 2021
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista to release Q3 2021 financial results on Monday, November 1, 2021.
1 Stock That Could Turn $250,000 Into $1 Million by 2030
This tech company should benefit from significant tailwinds over the next decade.
Arista (ANET) to Build Australian Securities Exchange Campus Network
The new campus network builds on a multi-year relationship between the Australian Securities Exchange and Arista (ANET).
Arista Selected to Build Australian Securities Exchange Next Generation Campus Network
SYDNEY--(BUSINESS WIRE)--Arista Selected to Build Australian Securities Exchange Next Generation Campus Network
3 Tech Hardware Stocks to Buy After Earnings
After their last earnings reports, Applied Materials, Arista Networks, and Nvidia are still great long-term buys.
Why Is Arista Networks (ANET) Down 2.5% Since Last Earnings Report?
Arista Networks (ANET) reported earnings 30 days ago. What's next for the stock?
Arista Networks (ANET) Enhances Cloud-Grade Routing Solutions
The simplification of multi-cloud edge, metro edge and 5G edge designs by Arista (ANET) for cloud and service provider customers will likely help address the increasing network demands.
Arista Extends Cloud-Grade Routing to the Network Edge
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista announces the expansion of some new EOS routing capabilities to the network edge for cloud and service provider customers.
Ruane Cunniff's Top 5 Trades of the 2nd Quarter
Founded by the late William Ruane, investment firm Ruane Cunniff (Trades, Portfolio) has revealed its portfolio for the second quarter of this year. Top trades include reductions in the firm's Arista Ne...
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock.
Should I invest in Arista Networks after a strong Q2 performance?
Arista Networks, Inc. (NYSE: ANET) shares have advanced more than 25% since the beginning of 2021; the company reported better than expected second-quarter results last week and expects to see strong tr...
New ARISTA™ Advanced Lighting Control System Brings Simplicity, Smart Technology to Commercial Lighting Installations
LIBERTYVILLE, Ill.--(BUSINESS WIRE)--Intermatic Incorporated today announced the launch of its new ARISTA™ Advanced Lighting Control System, a customizable smart lighting solution that supports commerci...
Arista (ANET) Q2 Earnings Hit Record High, Surpass Estimates
Solid customer additions and growth in the enterprise vertical help Arista (ANET) register record high earnings in second-quarter 2021 and beat the Zacks Consensus Estimate.
These 2 Stocks Could Foretell the Market's Moves on Tuesday
After-hours earnings reports showed a clear trend.
Arista Networks (ANET) Q2 Earnings and Revenues Top Estimates
Arista Networks (ANET) delivered earnings and revenue surprises of 6.67% and 2.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Arista Networks Q2 Earnings
Shares of Arista Networks (NYSE:ANET) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 28.91% over the past year to $2.72, which be...
Arista Networks, Inc. Reports Second Quarter 2021 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista reports second quarter 2021 financial results.
Arista Networks Earnings Preview
Arista Networks (NYSE:ANET) announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.
Why Arista (ANET) Might Surprise This Earnings Season
Arista (ANET) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
My Top Cloud Computing Stock to Buy Right Now
Arista Networks provides the networking technology that powers the cloud.