Arista Networks, Inc. (ANET)
| Market Cap | 38.98B |
| Revenue (ttm) | 3.50B |
| Net Income (ttm) | 1.03B |
| Shares Out | 307.30M |
| EPS (ttm) | 2.91 |
| PE Ratio | 43.59 |
| Forward PE | 32.79 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,125,997 |
| Open | 127.40 |
| Previous Close | 126.03 |
| Day's Range | 126.40 - 128.06 |
| 52-Week Range | 85.18 - 148.57 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 147.39 (+16.2%) |
| Earnings Date | Aug 1, 2022 |
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... [Read more...]
Financial Performance
In 2021, ANET's revenue was $2.95 billion, an increase of 27.21% compared to the previous year's $2.32 billion. Earnings were $840.85 million, an increase of 32.51%.
Financial StatementsAnalyst Forecast
According to 32 analysts, the average rating for ANET stock is "Buy." The 12-month stock price forecast is 147.39, which is an increase of 16.18% from the latest price.
News
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Investors cool on the company following initial excitement about its performance for the period.
Up 13% Last Week, Arista Networks Stock Looks Set To Continue Its Streak
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Arista (ANET) Beats Q2 Earnings Estimates on Solid Revenues
Solid top-line growth driven by healthy demand trends helps Arista (ANET) to beat second-quarter 2022 earnings estimates.
Arista stock jumps on strong results: Networking company ‘a little oasis' amid talk of a recession
Arista Networks Inc. shares surged Tuesday toward a three-month high, lifted by the networking company's strong second-quarter results and robust guidance.
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Arista Networks (ANET) Q2 Earnings and Revenues Beat Estimates
Arista Networks (ANET) delivered earnings and revenue surprises of 17.39% and 7.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Arista Shares Jump as Earnings Top Estimates on Strong Cloud Demand
Arista topped both its own guidance and Wall Street estimates for both revenue and profits.
Arista Networks shares soar on sales, earnings beat and strong guidance
Arista Networks Inc. surged in the extended session Monday after the networking company reported second-quarter results that topped Wall Street's estimates.
ANET Stock Jumps On Earnings Beat As Quarterly Revenue Tops $1 Billion
ANET stock climbed after second-quarter earnings and revenue handily beat estimates as quarterly sales topped $1 billion for first time. The post ANET Stock Jumps On Earnings Beat As Quarterly Revenue T...
Arista Networks, Inc. Reports Second Quarter 2022 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 anno...
Can Top-Line Growth Buoy Arista's (ANET) Earnings in Q2?
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Arista stock rises after upgrade: ‘This is the kind of name to own as the economy weakens'
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Arista Networks to Announce Q2 2022 Financial Results on Monday, August 1st, 2022
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended June 30th, 2022 after U.S. markets close on Monday, August 1st, 2022. The...