Shares of Arista Networks have moved -4.0% today, and are now trading at a price of $116.06. In contrast, the S&P 500 index saw a 1.2% change. Today's trading volume is 1,891,924 compared to the stock's average volume of 2,267,182.
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Based in Santa Clara, United States the company has 2,993 full time employees and a market cap of $35,665,235,968.
The company is now trading -27.2% away from its average analyst target price of $159.43 per share. The 19 analysts following the stock have set target prices ranging from $118.2 to $212, and on average give Arista Networks a rating of buy.
Over the last year, ANET shares have gone down by -9.2%, which represents a difference of 9.5% when compared to the S&P 500. The stock's 52 week high is $143.57 per share and its 52 week low is $89.11. With stable margins, strong cash flows, solid earnings and low debt, Arista's share price weakness doesn't reflect its solid fundamentals:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|
| Revenue (MM) | $2,411 | $2,318 | $2,948 |
| Revenue Growth | n/a | -3.87% | 27.21% |
| Gross Margins | 64.1% | 63.9% | 63.8% |
| Gross Margins Growth | n/a | -0.31% | -0.16% |
| Operating Margins | 33.4% | 30.2% | 31.4% |
| Operating Margins Growth | n/a | -9.58% | 3.97% |
| Earnings Per Share | $2.66 | $2.0 | $2.63 |
| EPS Growth | n/a | -24.81% | 31.5% |
| Free Cash Flow (MM) | $947 | $720 | $951 |
| FCF Growth | n/a | -24.02% | 32.15% |
| Capital Expenditures (MM) | -$16 | -$15 | -$65 |
| Net Debt / EBITDA | -1.23 | -1.07 | -0.58 |
