NYSE:ANETArista Networks Stock Price, Forecast & News

Arista Networks' stock was trading at $182.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. 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) released its quarterly earnings results on Tuesday, May, 5th. The technology company reported $2.02 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 return on equity of 24.82% and a net margin of 35.61%. The business's revenue was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.31 earnings per share. View Arista Networks' earnings history.

Arista Networks issued an update on 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 analysts have issued 1-year 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.

Press coverage about ANET stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arista Networks earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Arista Networks.

Arista Networks saw a increase in short interest during 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 trading volume of 802,500 shares, the days-to-cover ratio is currently 4.9 days. Currently, 7.2% of the company's stock are sold short. 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 a number of institutional and retail 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]