Arista Networks Stock Forecast, Price & News

Arista Networks' stock was trading at $182.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ANET shares have increased by 10.1% and is now trading at $200.64.
View which stocks have been most impacted by COVID-19.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 18 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Arista Networks.

Arista Networks is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Arista Networks.

Arista Networks Inc (NYSE:ANET) released its quarterly earnings data on Tuesday, August, 4th. The technology company reported $2.11 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.95 by $0.16. The technology company earned $540.60 million during the quarter, compared to analyst estimates of $530.56 million. Arista Networks had a net margin of 34.67% and a return on equity of 22.29%. Arista Networks's quarterly revenue was down 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.44 earnings per share.
View Arista Networks' earnings history.

Arista Networks issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $570-590 million, compared to the consensus revenue estimate of $562.24 million.

27 brokerages have issued 12 month price targets for Arista Networks' stock. Their forecasts range from $147.00 to $290.00. On average, they expect Arista Networks' share price to reach $219.64 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts' price targets for Arista Networks.

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

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), Square (SQ), Trade Desk (TTD), Walt Disney (DIS) and salesforce.com (CRM).

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

Arista Networks' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.92%), First Trust Advisors LP (1.93%), Epoch Investment Partners Inc. (0.80%), Sei Investments Co. (0.54%), Bank of New York Mellon Corp (0.54%) and TD Asset Management Inc. (0.53%). Company insiders that own Arista Networks stock include Andreas Bechtolsheim, Ann Mather, Anshul Sadana, Charles H Giancarlo, 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 Jackson Square Partners LLC, FIL Ltd, Nuveen Asset Management LLC, Macquarie Group Ltd., Advisor Group Holdings Inc., Russell Investments Group Ltd., Neuberger Berman Group LLC, and Vanguard Group Inc.. Company insiders that have sold Arista Networks company stock in the last year include Ann Mather, Anshul Sadana, Charles H Giancarlo, Daniel Scheinman, Ita M Brennan, Jayshree Ullal, John F Mccool, Kenneth Duda, Marc Taxay, and Nikos Theodosopoulos.
View insider buying and selling activity for Arista Networks.

ANET stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Bristol John W & Co. Inc. NY, Mitsubishi UFJ Trust & Banking Corp, Baird Financial Group Inc., Two Sigma Advisers LP, Vista Equity Partners Management LLC, Cubist Systematic Strategies LLC, and Sei Investments Co..
View insider buying and selling activity 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 $200.64.

Arista Networks has a market capitalization of $15.25 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.

The official website for Arista Networks is 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]