NYSE:ANET

Arista Networks Stock Forecast, Price & News

$93.41

-0.33 (-0.35%)

(As of 07/1/2022 03:59 PM ET)

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Today's Range: $91.74
▼
$93.63
50-Day Range: $90.42
▼
$120.91
52-Week Range: $85.18
▼
$148.57

Volume: 36,021 shs
Average Volume: 1.72 million shs
Market Capitalization: $28.79 billion

P/E Ratio: 31.99
Dividend Yield: N/A
Price Target: $152.53

Arista Networks MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.68 Rating Score
Upside/Downside: 63.3% Upside
$152.53 Price Target
Short Interest: Healthy
1.28% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.28
Upright™ Environmental Score
News Sentiment: -0.15
Based on 5 Articles This Week
Insider Trading: Selling Shares
$57.27 M Sold Last Quarter
Proj. Earnings Growth: 16.35%
From $3.18 to $3.70 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.56 out of 5 stars

Computer And Technology Sector

129th out of 936 stocks

Computer & Office Equipment Industry

4th out of 17 stocks

3.3 Analyst's Opinion

Consensus Rating
Arista Networks has received a consensus rating of Buy. The company's average rating score is 2.68, and is based on 13 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $152.53, Arista Networks has a forecasted upside of 63.3% from its current price of $93.41.
Amount of Analyst Coverage
Arista Networks has only been the subject of 3 research reports in the past 90 days.

3.0 Short Interest

Percentage of Shares Shorted
1.28% of the outstanding shares of Arista Networks have been sold short.
Short Interest Ratio / Days to Cover
Arista Networks has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Arista Networks has recently increased by 10.64%, indicating that investor sentiment is decreasing significantly.

0.0 Dividend Strength

Dividend Yield
Arista Networks does not currently pay a dividend.
Dividend Growth
Arista Networks does not have a long track record of dividend growth.

2.8 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Arista Networks has received a 44.43% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Network switches", "Cloud storage gateways", and "Wireless access points" products. See details.
Environmental Sustainability
The Environmental Impact score for Arista Networks is -1.28.

1.6 News and Social Media Coverage

News Sentiment
Arista Networks has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Arista Networks this week, compared to 5 articles on an average week.
Search Interest
17 people have searched for ANET on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added Arista Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% compared to the previous 30 days.

3.3 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arista Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $57,266,244.00 in company stock.
Percentage Held by Insiders
19.59% of the stock of Arista Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
67.10% of the stock of Arista Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Arista Networks are expected to grow by 16.35% in the coming year, from $3.18 to $3.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Arista Networks is 31.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 78.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Arista Networks is 31.99, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 143.66.
Price to Earnings Growth Ratio
Arista Networks has a PEG Ratio of 1.86. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Arista Networks has a P/B Ratio of 7.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Arista Networks (NYSE:ANET) Stock

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 industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

ANET Stock News Headlines

July 5, 2022 | morningstar.com

Arista Networks Inc - Stock Trailing Returns ANET

July 3, 2022 | morningstar.com

Arista Networks Inc - Stock Analysis

July 5, 2022 | Tradewins (Ad)

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June 30, 2022 | americanbankingnews.com

Arista Networks (NYSE:ANET) PT Lowered to $120.00 at Evercore ISI

June 25, 2022 | finance.yahoo.com

What Is Arista Networks, Inc.'s (NYSE:ANET) Share Price Doing?

June 24, 2022 | benzinga.com

If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

June 21, 2022 | morningstar.com

Arista Networks Inc - Stock Valuation ANET

June 17, 2022 | americanbankingnews.com

Kenneth Duda Sells 20,000 Shares of Arista Networks, Inc. (NYSE:ANET) Stock

July 5, 2022 | Investing Trends (Ad)

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June 16, 2022 | americanbankingnews.com

Morgan Stanley Lowers Arista Networks (NYSE:ANET) Price Target to $114.00

June 14, 2022 | markets.businessinsider.com

Expert Ratings for Arista Networks

June 11, 2022 | americanbankingnews.com

Andreas Bechtolsheim Sells 12,988 Shares of Arista Networks, Inc. (NYSE:ANET) Stock

June 11, 2022 | americanbankingnews.com

Brokerages Set Arista Networks, Inc. (NYSE:ANET) PT at $153.61

June 10, 2022 | nasdaq.com

Here's Why Arista Networks (ANET) is a Strong Growth Stock

June 8, 2022 | msn.com

A Bearish Sign Appears On Arista Networks's Chart

June 2, 2022 | finance.yahoo.com

Arista (ANET) Unveils Its Next-Gen Connectivity Solutions

June 1, 2022 | seekingalpha.com

Arista Networks, Inc. (ANET) Management Presents at Cowen 50th Annual Technology, Media, and Telecom Conference Call Transcript

June 1, 2022 | finance.yahoo.com

Arista Networks (ANET) Down 10.3% Since Last Earnings Report: Can It Rebound?

June 1, 2022 | finance.yahoo.com

Arista Introduces Next Generation 7130 Series Systems for Converged Ultra Low Latency Networking

May 31, 2022 | seekingalpha.com

Arista Networks: Investing In Incremental Systems Improvement

May 31, 2022 | seekingalpha.com

Arista Networks: Insiders Are Not Buying This 30% Dip Yet

May 25, 2022 | finance.yahoo.com

Implied Volatility Surging for Arista Networks (ANET) Stock Options

May 25, 2022 | finance.yahoo.com

Google Takes Yet Another Run at E-Commerce—and Amazon

May 24, 2022 | seekingalpha.com

Arista Networks, Inc. (ANET) Presents at J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference

May 24, 2022 | finance.yahoo.com

Arista Networks Stock Down This Year But Key Rating Rises

May 23, 2022 | finance.yahoo.com

Arista Networks Stock Hits All-Time High, Flashes Bullish Sign

May 21, 2022 | finance.yahoo.com

The S&P 500 Is Down 20% -- It's Time to Buy These 3 Growth Stocks

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer & office equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:ANET
CUSIP: N/A
CIK: 1596532
Web: www.arista.com
Phone: (408) 547-5500
Fax: 408-538-8920
Employees: 2,993
Year Founded: 2004

Company Calendar

Last Earnings: 5/02/2022
Today: 7/05/2022
Next Earnings (Estimated): 8/01/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $152.53
High Stock Price Forecast: $305.00
Low Stock Price Forecast: $105.50
Forecasted Upside/Downside: +63.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.68421052631579
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.92
Trailing P/E Ratio: 31.99
Forward P/E Ratio: 29.37
P/E Growth: 1.86
Net Income: $840.85 million
Net Margins: 29.54%
Pretax Margin: 32.70%
Return on Equity: 21.16%
Return on Assets: 14.77%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.73
Quick Ratio: 3.22

Sales & Book Value

Annual Sales: $2.95 billion
Price / Sales: 9.77
Cash Flow: $2.62 per share
Price / Cash Flow: 35.64
Book Value: $12.95 per share
Price / Book: 7.21

Miscellaneous

Outstanding Shares: 308,260,000
Free Float: 247,875,000
Market Cap: $28.79 billion
Optionable: Optionable
Beta: 1.28

Social Links

Arista Networks Frequently Asked Questions

Should I buy or sell Arista Networks stock right now?: 19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last twelve months. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Arista Networks stock.
View analyst ratings for Arista Networks or view top-rated stocks.
What is Arista Networks' stock price forecast for 2022?: 19 brokers have issued 1 year price targets for Arista Networks' stock. Their ANET stock forecasts range from $105.50 to $305.00. On average, they expect Arista Networks' stock price to reach $152.53 in the next year. This suggests a possible upside of 63.3% from the stock's current price.
View analysts' price targets for Arista Networks or view top-rated stocks among Wall Street analysts.
How has Arista Networks' stock performed in 2022?: Arista Networks' stock was trading at $143.75 at the start of the year. Since then, ANET shares have decreased by 35.0% and is now trading at $93.41.
View the best growth stocks for 2022 here.
When is Arista Networks' next earnings date?: Arista Networks is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Arista Networks.
How were Arista Networks' earnings last quarter?: Arista Networks, Inc. (NYSE:ANET) posted its quarterly earnings data on Monday, May, 2nd. The technology company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.10. The technology company had revenue of $877.07 million for the quarter, compared to analyst estimates of $854.01 million. Arista Networks had a net margin of 29.54% and a trailing twelve-month return on equity of 21.16%. During the same period last year, the business posted $0.57 earnings per share.
View Arista Networks' earnings history.
When did Arista Networks' stock split? How did Arista Networks' stock split work?: Shares of Arista Networks split before market open on Thursday, November 18th 2021. The 4-1 split was announced on Tuesday, November 2nd 2021. The newly created shares were distributed to shareholders after the closing bell on Wednesday, November 17th 2021. An investor that had 100 shares of Arista Networks stock prior to the split would have 400 shares after the split.
What guidance has Arista Networks issued on next quarter's earnings?: Arista Networks updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $950.00M-$1.00 billion, compared to the consensus revenue estimate of $917.75 million.
Who are Arista Networks' key executives?: Arista Networks' management team includes the following people:
Dr. Andreas B. Bechtolsheim Ph.D., Co-Founder, Chairman & Chief Devel. Officer (Age 67)
Ms. Jayshree V. Ullal, Pres, CEO & Director (Age 61, Pay $609.13k)
Mr. Kenneth Duda, Co-Founder, CTO & Sr. VP of Software Engineering (Age 50, Pay $534.13k)
Ms. Ita M. Brennan, CFO & Sr. VP (Age 55, Pay $559.13k) (LinkedIn Profile)
Mr. Anshul Sadana, Chief Operating Officer (Age 45, Pay $709.73k)
Mr. Marc Taxay, Sr. VP & Gen. Counsel (Age 53, Pay $526.9k)
Mr. Venkatesh R. Nathamuni, Head of Corp. Fin., M&A and IR
Liz Stine, Director of Investor Relations Advocacy
Mr. Mark Foss, Sr. VP of Global Operations & Marketing
Mr. Ciarán Kennedy, Chief Sales Officer

What is Jayshree Ullal's approval rating as Arista Networks' CEO?: 290 employees have rated Arista Networks CEO Jayshree Ullal on Glassdoor.com. Jayshree Ullal has an approval rating of 88% among Arista Networks' employees.
Who are some of Arista Networks' key competitors?: Some companies that are related to Arista Networks include HP (HPQ), Toshiba (TOSYY), NEC (NIPNF), F5 (FFIV), Juniper Networks (JNPR), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Intrusion (INTZ), BIO-key International (BKYI), B.O.S. Better Online Solutions (BOSC) and Avistar Communications (AVSR).
View all of ANET's competitors.
What other stocks do shareholders of Arista Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Arista Networks investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), PayPal (PYPL), Square (SQ), Shopify (SHOP), Trade Desk (TTD), Walt Disney (DIS) and Salesforce (CRM).
What is Arista Networks' stock symbol?: Arista Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANET."
How do I buy shares of Arista Networks?: Shares of ANET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Arista Networks' stock price today?: One share of ANET stock can currently be purchased for approximately $93.41.
How much money does Arista Networks make?: Arista Networks (NYSE:ANET) has a market capitalization of $28.79 billion and generates $2.95 billion in revenue each year. The technology company earns $840.85 million in net income (profit) each year or $2.92 on an earnings per share basis.
How many employees does Arista Networks have?: Arista Networks employs 2,993 workers across the globe.
Does Arista Networks have any subsidiaries?: The following companies are subsidiares of Arista Networks: ANET LLC, Arista Acquisition Australia Pty Limited, Arista Networks (Shanghai) Co., Arista Networks Australia Pty Ltd, Arista Networks Austria GmbH, Arista Networks B.V., Arista Networks Canada Ltd., Arista Networks Cyprus Ltd, Arista Networks EURL, Arista Networks GmbH, Arista Networks Holding Corporation, Arista Networks Hong Kong Limited, Arista Networks India Private Limited, Arista Networks International Limited, Arista Networks Israel Ltd, Arista Networks Japan Ltd., Arista Networks Korea, Arista Networks Limited, Arista Networks Malaysia Sdn. Bhd., Arista Networks Mexico S. de R.L. de C.V., Arista Networks Middle East DMCC, Arista Networks Singapore Private Ltd., Arista Networks Sweden AB, Arista Networks Taiwan Limited, Arista Networks UK Ltd, Arista Networks ULC, Arista Technology Limited, Awake Security Inc, Big Switch Networks Inc, Metamako America LLC, Metamako Europe Limited, Metamako General Pty Ltd, Metamako Group Pty Ltd, Metamako Holding Pty Ltd, Metamako LP, Metamako Technology LP, Mojo Networks Inc, Mojo Networks Private Limited, and Skylark Partners.
Read More
When was Arista Networks founded?: Arista Networks was founded in 2004.
How can I contact Arista Networks?: Arista Networks' mailing address is 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA, 95054. The official website for Arista Networks is www.arista.com. The technology company can be reached via phone at (408) 547-5500, via email at cyager@arista.com, or via fax at 408-538-8920.

This page (NYSE:ANET) was last updated on 7/5/2022 by MarketBeat.com Staff

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Arista Networks Stock Forecast, Price & News

Arista Networks MarketRank™ Forecast

Overall MarketRank™

3.3 Analyst's Opinion

3.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

0.0 Dividend Strength

2.8 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

1.6 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

3.3 Company Ownership

3.1 Earnings and Valuation

Receive ANET Stock News and Ratings via Email

About Arista Networks (NYSE:ANET) Stock

ANET Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Arista Networks Frequently Asked Questions

Should I buy or sell Arista Networks stock right now?

What is Arista Networks' stock price forecast for 2022?

How has Arista Networks' stock performed in 2022?

When is Arista Networks' next earnings date?

How were Arista Networks' earnings last quarter?

When did Arista Networks' stock split? How did Arista Networks' stock split work?

What guidance has Arista Networks issued on next quarter's earnings?

Who are Arista Networks' key executives?

What is Jayshree Ullal's approval rating as Arista Networks' CEO?

Who are some of Arista Networks' key competitors?

What other stocks do shareholders of Arista Networks own?

What is Arista Networks' stock symbol?

How do I buy shares of Arista Networks?

What is Arista Networks' stock price today?

How much money does Arista Networks make?

How many employees does Arista Networks have?

Does Arista Networks have any subsidiaries?

When was Arista Networks founded?

How can I contact Arista Networks?

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