Shares of Telecommunications sector company Arista Networks moved -0.7% today, and are now trading at a price of $96.55. The Large-Cap stock's daily volume was 1,865,560 compared to its average volume of 12,469,655. The S&P 500 index returned a -0.0% performance.
Arista Networks Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company is based in Santa Clara and has 4,412 full time employees. Its market capitalization is $121,252,790,272.
23 analysts are following Arista Networks and have set target prices ranging from $79.0 to $130.0 per share. On average, they have given the company a rating of buy. At today's prices, ANET is trading -8.71% away from its average analyst target price of $105.76 per share.
Over the last year, ANET's share price has increased by 19.3%, which represents a difference of 8.4% when compared to the S&P 500. The stock's 52 week high is $133.57 per share whereas its 52 week low is $59.43. With average free cash flows of $1.46 Billion that have been growing at an average rate of 34.6% over the last 5 years, Arista Networks is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 3,708,235 | 32,032 | 3,676,203 | 83.85 |
| 2023 | 2,034,014 | 34,434 | 1,999,580 | 346.17 |
| 2022 | 492,813 | 44,644 | 448,169 | -52.88 |
| 2021 | 1,015,856 | 64,736 | 951,120 | 32.15 |
| 2020 | 735,114 | 15,384 | 719,730 | -24.02 |
| 2019 | 963,034 | 15,751 | 947,283 |
