NYSE:ANET - Arista Networks Stock Price, Forecast & News

Arista Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANET."

Arista Networks Inc (NYSE:ANET) posted its earnings results on Thursday, February, 13th. The technology company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.46. The technology company earned $552.55 million during the quarter, compared to analyst estimates of $550.63 million. Arista Networks had a net margin of 37.20% and a return on equity of 27.00%. During the same period in the previous year, the firm earned $2.25 EPS. View Arista Networks' Earnings History.

Arista Networks is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Arista Networks.

Arista Networks issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $522-532 million, compared to the consensus revenue estimate of $523.29 million.

25 equities research analysts have issued 12-month price targets for Arista Networks' shares. Their forecasts range from $144.00 to $350.00. On average, they expect Arista Networks' stock price to reach $228.21 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Arista Networks.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 1 sell rating, 15 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arista Networks.

News headlines about ANET stock have been trending negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arista Networks earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Arista Networks.

Arista Networks saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,270,000 shares, an increase of 14.1% from the December 31st total of 1,990,000 shares. Based on an average daily volume of 904,500 shares, the days-to-cover ratio is currently 2.5 days. Currently, 4.2% of the company's shares are sold short. View Arista Networks' Current Options Chain.

Some companies that are related to Arista Networks include HP (HPQ), Toshiba (TOSYY), Hewlett Packard Enterprise (HPE), F5 Networks (FFIV), Juniper Networks (JNPR), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ), BIO-key International (BKYI), BOS Better OnLine Sol (BOSC) and NEC (NIPNF).

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), Shopify (SHOP), Walt Disney (DIS), Square (SQ), Trade Desk (TTD) and Adobe (ADBE).

Arista Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (3.01%), State Street Corp (2.84%), Alliancebernstein L.P. (1.73%), Jackson Square Partners LLC (1.57%), UBS Asset Management Americas Inc. (1.31%) and First Trust Advisors LP (1.28%). Company insiders that own Arista Networks stock include Andreas Bechtolsheim, Ann Mather, Anshul Sadana, Daniel Scheinman, Ita M Brennan, Jayshree Ullal, John F Mccool, Kenneth Duda, Manuel Felix Rivelo, Marc Taxay and Nikos Theodosopoulos. View Institutional Ownership Trends for Arista Networks.

ANET stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Alliancebernstein L.P., FMR LLC, Parnassus Investments CA, Bank of New York Mellon Corp, US Bancorp DE, Eaton Vance Management and Artisan Partners Limited Partnership. Company insiders that have sold Arista Networks company stock in the last year include Andreas Bechtolsheim, Ann Mather, Anshul Sadana, Daniel Scheinman, Ita M Brennan, Jayshree Ullal, John F Mccool, Kenneth Duda, Manuel Felix Rivelo, Marc Taxay and Nikos Theodosopoulos. View Insider Buying and Selling for Arista Networks.

ANET stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Soma Equity Partners LP, Capital World Investors, Marshall Wace North America L.P., Renaissance Technologies LLC, Geode Capital Management LLC, Spyglass Capital Management LLC and Blair William & Co. IL. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ANET stock can currently be purchased for approximately $199.83.

Arista Networks has a market capitalization of $15.28 billion and generates $2.41 billion in revenue each year. The technology company earns $859.87 million in net income (profit) each year or $8.69 on an earnings per share basis. Arista Networks employs 2,300 workers across the globe.View Additional Information About Arista Networks.

The official website for Arista Networks is http://www.arista.com/.

Arista Networks' mailing address is 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA, 95054. The technology company can be reached via phone at 408-547-5500 or via email at [email protected]