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

Arista Networks' stock was trading at $182.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ANET stock has increased by 5.0% and is now trading at $191.29. View which stocks have been mosted impacted by Coronavirus.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There are currently 16 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, May 7th 2020. View our earnings forecast for Arista Networks.

Arista Networks Inc (NYSE:ANET) posted its earnings results on Thursday, February, 13th. The technology company reported $2.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.83 by $0.46. The technology company had revenue of $552.55 million for the quarter, compared to analysts' expectations of $550.63 million. Arista Networks had a net margin of 37.20% and a return on equity of 27.00%. During the same quarter last year, the business posted $2.25 earnings per share. View Arista Networks' earnings history.

Arista Networks issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided earnings per share (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 brokers have issued 1-year price objectives for Arista Networks' stock. Their forecasts range from $144.00 to $350.00. On average, they anticipate Arista Networks' share price to reach $226.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts' price targets for Arista Networks.

Press coverage about ANET stock has trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Arista Networks earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutArista Networks.

Arista Networks saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,100,000 shares, an increase of 12.3% from the February 13th total of 1,870,000 shares. Based on an average daily trading volume, of 802,000 shares, the short-interest ratio is presently 2.6 days. Currently, 3.8% 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), NEC (NIPNF), Juniper Networks (JNPR), F5 Networks (FFIV), 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).

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), Trade Desk (TTD), Square (SQ), Walt Disney (DIS) and Twilio (TWLO).

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

Arista Networks' stock is owned by a number of retail and institutional investors. Top institutional shareholders 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, Macquarie Group Ltd., Macquarie Group Ltd., Bank of New York Mellon Corp, and US Bancorp DE. 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 activity for Arista Networks.

ANET stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Norges Bank, Soma Equity Partners LP, Capital World Investors, Marshall Wace North America L.P., Renaissance Technologies LLC, Geode Capital Management LLC, and Spyglass Capital Management LLC. 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 $191.29.

Arista Networks has a market capitalization of $14.63 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]