Insights into Arista Networks – What Wall Street Thinks Today

By Emilio Sanchez • Friday, October 18 15:12 • Permanent Link

Large-cap Telecommunications company Arista Networks has logged a -1.4% change today on a trading volume of 804,916. The average volume for the stock is 1,788,665.

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Based in Santa Clara, United States the company has 4,023 full time employees and a market cap of $126,141,849,600.

The company is now trading 6.97% away from its average analyst target price of $375.37 per share. The 19 analysts following the stock have set target prices ranging from $265.0 to $480.0, and on average give Arista Networks a rating of buy.

Over the last 52 weeks, ANET stock has risen 118.9%, which amounts to a 80.6% difference compared to the S&P 500. The stock's 52 week high is $422.73 whereas its 52 week low is $168.25 per share. Based on Arista Networks's average net margin growth of 15.5% 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 (%)
2023	5,860,168	2,087,321	36
2022	4,381,310	1,352,446	31
2021	2,948,037	840,854	28
2020	2,317,512	634,557	27
2019	2,410,706	859,867	36
2018	2,151,369	328,115	15

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.