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Arista Networks, Inc. (ANET)

NYSE: ANET · IEX Real-Time Price · USD
395.27 0.56 (0.14%)
Oct 21, 2021 1:34 PM EDT - Market open
Market Cap30.28B
Revenue (ttm)2.63B
Net Income (ttm)728.59M
Shares Out76.46M
EPS (ttm)9.16
PE Ratio43.14
Forward PE33.67
Dividendn/a
Ex-Dividend Daten/a
Volume116,138
Open393.50
Previous Close394.71
Day's Range390.85 - 395.46
52-Week Range200.35 - 396.51
Beta1.17
AnalystsBuy
Price Target405.28 (+2.5%)
Est. Earnings DateNov 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...

IndustryCommunications Equipment
IPO DateJun 6, 2014
CEOJayshree Ullal
Employees2,613
Stock ExchangeNYSE
Ticker SymbolANET
Full Company Profile

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 Statements

Analyst 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.

Price Target
$405.28
(2.53% upside)
Analyst Consensus: Buy

News

1 Sleeper Stock Set to Crush the Market in 2022 (and Beyond)

This cloud computing company often flies under the radar.

6 hours ago - The Motley Fool

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...

Other symbols:PANWTECK
1 week ago - Investors Business Daily

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.

2 weeks ago - Business Wire

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.

2 weeks ago - Business Wire

1 Stock That Could Turn $250,000 Into $1 Million by 2030

This tech company should benefit from significant tailwinds over the next decade.

1 month ago - The Motley Fool

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).

1 month ago - Zacks Investment Research

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

1 month ago - Business Wire

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.

Other symbols:AMATNVDA
1 month ago - The Motley Fool

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?

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Business Wire

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...

Other symbols:ANTMJMAMU
2 months ago - GuruFocus

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.

Other symbols:GSHONPINSROKU
2 months ago - Benzinga

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...

2 months ago - Invezz

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...

2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

These 2 Stocks Could Foretell the Market's Moves on Tuesday

After-hours earnings reports showed a clear trend.

Other symbols:TTWO
2 months ago - The Motley Fool

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?

2 months ago - Zacks Investment Research

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...

2 months ago - Benzinga

Arista Networks, Inc. Reports Second Quarter 2021 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista reports second quarter 2021 financial results.

2 months ago - Business Wire

Pre-Markets Up on Begining of August

Pre-Markets Up on Begining of August

2 months ago - Zacks Investment Research

Pre-Markets in Green to Start August, Big Week for Q2 Earnings

Stock futures point to a higher opening today to start August.

2 months ago - Zacks Investment Research

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.

2 months ago - Benzinga

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.

2 months ago - Zacks Investment Research

My Top Cloud Computing Stock to Buy Right Now

Arista Networks provides the networking technology that powers the cloud.

Other symbols:CSCO
2 months ago - The Motley Fool