NYSE:ANETArista Networks Stock Price, Forecast & 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 16.0% and is now trading at $211.30. View which stocks have been most impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 18 hold ratings and 8 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 Tuesday, August 4th 2020. View our earnings forecast for Arista Networks.

Arista Networks will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Arista Networks Inc (NYSE:ANET) posted its quarterly earnings data on Tuesday, May, 5th. The technology company reported $2.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.81 by $0.21. The technology company earned $523 million during the quarter, compared to analysts' expectations of $517.45 million. Arista Networks had a net margin of 35.61% and a return on equity of 24.82%. The business's revenue for the quarter was down 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.31 earnings per share. View Arista Networks' earnings history.

Arista Networks updated its second quarter 2020 After-Hours earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $520-540 million, compared to the consensus revenue estimate of $542.46 million.

26 Wall Street analysts have issued 12 month price objectives for Arista Networks' shares. Their forecasts range from $147.00 to $340.00. On average, they expect Arista Networks' share price to reach $217.54 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View analysts' price targets for Arista Networks.

Media stories about ANET stock have trended very negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Arista Networks earned a news impact score of -3.2 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Arista Networks.

Arista Networks saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,910,000 shares, an increase of 14.0% from the June 15th total of 3,430,000 shares. Based on an average daily volume of 802,500 shares, the days-to-cover ratio is presently 4.9 days. Approximately 7.2% of the shares of the company are short sold. View Arista Networks' Current Options Chain.

Some companies that are related to Arista Networks include HP (HPQ), Toshiba (TOSYY), F5 Networks (FFIV), NEC (NIPNF), Juniper Networks (JNPR), A10 Networks (ATEN), Extreme Networks (EXTR), Allot Communications (ALLT), Digi International (DGII), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ), BIO-key International (BKYI) and BOS Better OnLine Sol (BOSC). 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), Shopify (SHOP), Paypal (PYPL), Square (SQ), Walt Disney (DIS), Trade Desk (TTD) and Adobe (ADBE).

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

Arista Networks' stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.05%), Carnegie Capital Asset Management LLC (0.01%), State of Alaska Department of Revenue (0.01%), Deane Retirement Strategies Inc. (0.01%), IFM Investors Pty Ltd (0.01%) and Municipal Employees Retirement System of Michigan (0.00%). 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 Carnegie Capital Asset Management LLC, IFM Investors Pty Ltd, and Deane Retirement Strategies Inc.. Company insiders that have sold Arista Networks company stock in the last year include Ann Mather, Anshul Sadana, Daniel Scheinman, Kenneth Duda, Marc Taxay, and Nikos Theodosopoulos. View insider buying and selling activity for Arista Networks.

ANET stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Municipal Employees Retirement System of Michigan, Ellevest Inc., and Arden Trust 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 $211.30.

Arista Networks has a market capitalization of $16.00 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]