Shares of Arista Networks have moved -0.0% today, and are now trading at a price of $212.71. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 917,723 compared to the stock's average volume of 2,181,126.
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 3,612 full time employees and a market cap of $66,174,083,072.
The company is now trading 6.06% away from its average analyst target price of $200.56 per share. The 18 analysts following the stock have set target prices ranging from $154.0 to $230.0, and on average give Arista Networks a rating of buy.
Over the last 52 weeks, ANET stock has risen 65.0%, which amounts to a 50.0% difference compared to the S&P 500. The stock's 52 week high is $216.29 whereas its 52 week low is $108.91 per share. Based on Arista Networks's average net margin growth of 13.7% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 5,262,628 | 1,709,446 | 32 | 3.23 |
| 2022 | 4,381,310 | 1,352,446 | 31 | 10.71 |
| 2021 | 2,948,037 | 840,854 | 28 | 3.7 |
| 2020 | 2,317,512 | 634,557 | 27 | -25.0 |
| 2019 | 2,410,706 | 859,867 | 36 | 140.0 |
| 2018 | 2,151,369 | 328,115 | 15 |
