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MarketBeat Week in Review – 3/27 - 3/31
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BREAKING: Tiny biotech successfully treats blindness (Ad)
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BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
BREAKING: Tiny biotech successfully treats blindness (Ad)
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
BREAKING: Tiny biotech successfully treats blindness (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
BREAKING: Tiny biotech successfully treats blindness (Ad)
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
BREAKING: Tiny biotech successfully treats blindness (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
BREAKING: Tiny biotech successfully treats blindness (Ad)
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
BREAKING: Tiny biotech successfully treats blindness (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Canada approves largest telecom deal in country's history
NYSE:ANET

Arista Networks - ANET Stock Forecast, Price & News

$167.86
+5.37 (+3.30%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$160.73
$168.06
50-Day Range
$119.16
$169.39
52-Week Range
$89.11
$171.44
Volume
3.03 million shs
Average Volume
3.05 million shs
Market Capitalization
$51.43 billion
P/E Ratio
39.31
Dividend Yield
N/A
Price Target
$175.47

Arista Networks MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
4.5% Upside
$175.47 Price Target
Short Interest
Healthy
1.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.10
Upright™ Environmental Score
News Sentiment
0.79mentions of Arista Networks in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$42.26 M Sold Last Quarter
Proj. Earnings Growth
12.21%
From $5.16 to $5.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Computer And Technology Sector

146th out of 618 stocks

Computer & Office Equipment Industry

6th out of 13 stocks


ANET stock logo

About Arista Networks (NYSE:ANET) Stock

Arista Networks, Inc. engages in the business of developing, marketing, and selling cloud networking solutions. The firm is also involved in switching and routing platforms and related network applications. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in November 2004 and is headquartered in Santa Clara, CA.

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ANET Stock News Headlines

JP Morgan analyst: Oil to hit $380 per barrel
JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.
Arista Networks: AI Pick-And-Shovel Business
JP Morgan analyst: Oil to hit $380 per barrel
JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.
See More Headlines
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ANET Company Calendar

Last Earnings
2/13/2023
Today
4/01/2023
Next Earnings (Estimated)
5/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Employees
3,612
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$175.47
High Stock Price Forecast
$305.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+4.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
20 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
36.10%

Debt

Sales & Book Value

Annual Sales
$4.38 billion
Cash Flow
$4.52 per share
Book Value
$15.99 per share

Miscellaneous

Free Float
246,372,000
Market Cap
$51.43 billion
Optionable
Optionable
Beta
1.24

Social Links


Key Executives

  • Jayshree V. UllalJayshree V. Ullal
    President, Chief Executive Officer & Director
  • Anshul SadanaAnshul Sadana
    Chief Operating Officer
  • Ita M. BrennanIta M. Brennan
    Chief Financial Officer & Senior Vice President
  • Kenneth DudaKenneth Duda
    Chief Technology Officer, SVP-Software Engineering
  • Marc Peter Taxay
    Senior Vice President & General Counsel













ANET Stock - Frequently Asked Questions

Should I buy or sell Arista Networks stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ANET shares.
View ANET analyst ratings
or view top-rated stocks.

What is Arista Networks' stock price forecast for 2023?

20 Wall Street analysts have issued 12-month price objectives for Arista Networks' shares. Their ANET share price forecasts range from $135.00 to $305.00. On average, they anticipate the company's share price to reach $175.47 in the next year. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for ANET
or view top-rated stocks among Wall Street analysts.

How have ANET shares performed in 2023?

Arista Networks' stock was trading at $121.35 at the beginning of the year. Since then, ANET shares have increased by 38.3% and is now trading at $167.86.
View the best growth stocks for 2023 here
.

Are investors shorting Arista Networks?

Arista Networks saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,310,000 shares, an increase of 9.2% from the February 28th total of 3,030,000 shares. Based on an average trading volume of 2,400,000 shares, the days-to-cover ratio is currently 1.4 days.
View Arista Networks' Short Interest
.

When is Arista Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our ANET earnings forecast
.

How were Arista Networks' earnings last quarter?

Arista Networks, Inc. (NYSE:ANET) issued its quarterly earnings data on Monday, February, 13th. The technology company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.20. The technology company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. Arista Networks had a net margin of 30.87% and a trailing twelve-month return on equity of 30.00%. Arista Networks's revenue for the quarter was up 54.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 EPS.
Read the conference call transcript
.

When did Arista Networks' stock split?

Arista Networks shares split on Thursday, November 18th 2021. The 4-1 split was announced on Tuesday, November 2nd 2021. The newly created shares were issued to shareholders after the market closes on Wednesday, November 17th 2021. An investor that had 100 shares of 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 issued an update on its FY 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.47 billion-$5.47 billion, compared to the consensus revenue estimate of $5.40 billion.

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

290 employees have rated Arista Networks Chief Executive Officer Jayshree Ullal on Glassdoor.com. Jayshree Ullal has an approval rating of 88% among the company's employees.

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), Block (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 stock 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 $167.86.

How much money does Arista Networks make?

Arista Networks (NYSE:ANET) has a market capitalization of $51.43 billion and generates $4.38 billion in revenue each year. The technology company earns $1.35 billion in net income (profit) each year or $4.27 on an earnings per share basis.

How many employees does Arista Networks have?

The company employs 3,612 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.
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How can I contact Arista Networks?

Arista Networks' mailing address is 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA, 95054. The official website for the company 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 4/1/2023 by MarketBeat.com Staff