Consider This Before Taking a Position in ANET

Shares of Telecommunications sector company Arista Networks moved -1.8% today, and are now trading at a price of $184.1. The large-cap stock's daily volume was 588,995 compared to its average volume of 2,826,940. The S&P 500 index returned a -1.0% performance.

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company is based in Santa Clara and has 3,612 full time employees. Its market capitalization is $56,993,861,632.

18 analysts are following Arista Networks and have set target prices ranging from $154.0 to $230.0 per share. On average, they have given the company a rating of buy. At today's prices, ANET is trading -7.95% away from its average analyst target price of $200.0 per share.

Over the last year, ANET's share price has increased by 59.0%, which represents a difference of 43.0% when compared to the S&P 500. The stock's 52 week high is $198.7 per share whereas its 52 week low is $98.2.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-14 492,813 -44,644 537,457 -50.26
2022-02-15 1,015,856 -64,736 1,080,592 43.98
2021-02-19 735,114 -15,384 750,498 -23.32
2020-02-14 963,034 -15,751 978,785 85.75
2019-02-15 503,119 -23,830 526,949 -18.54
2018-02-20 631,627 -15,279 646,906
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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