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) issued its quarterly earnings results on Thursday, October, 31st. The technology company reported $2.69 EPS for the quarter, beating the Zacks' consensus estimate of $2.19 by $0.50. The technology company earned $654.40 million during the quarter, compared to the consensus estimate of $653.26 million. Arista Networks had a return on equity of 28.94% and a net margin of 32.68%. Arista Networks's revenue was up 16.2% on a year-over-year basis. During the same period last year, the business posted $2.11 earnings per share. View Arista Networks' Earnings History.

Arista Networks is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Arista Networks.

Arista Networks will be holding an earnings conference call on Thursday, February 13th 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 issued an update on its fourth quarter 2019 After-Hours earnings guidance on Thursday, January, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $540-560 million, compared to the consensus revenue estimate of $551.02 million.

23 analysts have issued 1-year target prices for Arista Networks' stock. Their forecasts range from $144.00 to $350.00. On average, they expect Arista Networks' stock price to reach $226.96 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Arista Networks.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 1 sell rating, 11 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arista Networks.

News coverage about ANET stock has been trending positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Arista Networks earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Arista Networks.

Arista Networks saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,270,000 shares, an increase of 14.1% from the December 15th total of 1,990,000 shares. Based on an average daily volume of 902,700 shares, the short-interest ratio is currently 2.5 days. Currently, 4.2% of the shares of the stock are short sold. 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), BOS Better OnLine Sol (BOSC), BIO-key International (BKYI) 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), Twilio (TWLO), Square (SQ), Walt Disney (DIS) and Trade Desk (TTD).

Arista Networks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.14%), Gateway Investment Advisers LLC (0.03%), Commerzbank Aktiengesellschaft FI (0.03%), Alpine Global Management LLC (0.01%), State of Alaska Department of Revenue (0.01%) and Deane Retirement Strategies Inc. (0.01%). 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 Scout Investments Inc., State of Alaska Department of Revenue, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Legacy Capital Partners Inc., Winfield Associates Inc., AE Wealth Management LLC and First United Bank Trust. 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 purchased by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Deane Retirement Strategies Inc., Commerzbank Aktiengesellschaft FI, Winslow Evans & Crocker Inc., Huntington National Bank, Steward Partners Investment Advisory LLC, Northstar Asset Management LLC and Capital City Trust Co. FL. 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 $221.87.

Arista Networks has a market capitalization of $16.95 billion and generates $2.15 billion in revenue each year. The technology company earns $328.11 million in net income (profit) each year or $7.07 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]