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Arista Networks NYSE:ANET Stock Report

Last Price

US$410.10

Market Cap

US$127.8b

7D

2.6%

1Y

90.7%

Updated

02 Dec, 2024

Data

Company Financials +

Arista Networks, Inc.

NYSE:ANET Stock Report

Market Cap: US$127.8b

ANET Stock Overview

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. More details

ANET fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 12.88% per year

Earnings grew by 40.2% over the past year

Risk Analysis

No risks detected for ANET from our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Advancing Etherlink Solutions And AI Networking To Drive Sustained Market Expansion

Key Takeaways Growth in AI infrastructure and advanced networking solutions is expected to drive significant revenue increases through market penetration and product diversification. Strategic supply chain improvements and R&D investments are poised to strengthen Arista's competitive position and improve net margins.
View narrative
US$427.39
FV
4.0% undervalued intrinsic discount
22.93%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
11users have followed this narrative
6 days ago author updated this narrative
TO
Tokyo
Community Contributor

The "Porsche" of Internet Switches

My main narrative for ANET: Young company (founded 2004, IPO 2014), disrupting CISCO in the High Speed Switch Market (for Datacenter, Cloud and AI) Very successful introduction of Fast Internet Switches for Brokerage (High Speed Trading) Internet Speed will continuously increase to meet “tactile internet” capabilities (control robots or vehicles over distance (through internet) with nearly no delay) Perfect fit of Arista HW and Arista SW, as known from Apple devices, leads to high customer satisfaction and customer binding I focus also on: More equity than debt. Ratio is at 0%.
View narrative
US$375.00
FV
9.4% overvalued intrinsic discount
9.16%
Revenue growth p.a.
4users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
4 months ago author updated this narrative

Arista Networks, Inc. Competitors

Motorola Solutions

NYSE:MSI

US$83.5b

Cisco Systems

NasdaqGS:CSCO

US$235.8b

Ubiquiti

NYSE:UI

US$21.0b

F5

NasdaqGS:FFIV

US$14.7b

Price History & Performance

Summary of all time highs, changes and price drops for Arista Networks
Historical stock prices
Current Share PriceUS$410.10
52 Week HighUS$431.97
52 Week LowUS$210.69
Beta1.08
11 Month Change4.04%
3 Month Change25.52%
1 Year Change90.66%
33 Year Change237.11%
5 Year Change761.92%
Change since IPO2,882.55%

Recent News & Updates

Arista Networks: The Front-Runner In AI Networking Solutions

Nov 27

Is Arista Networks, Inc. (NYSE:ANET) Potentially Undervalued?

Nov 24
Is Arista Networks, Inc. (NYSE:ANET) Potentially Undervalued?

Shareholders Are Optimistic That Arista Networks (NYSE:ANET) Will Multiply In Value

Nov 12
Shareholders Are Optimistic That Arista Networks (NYSE:ANET) Will Multiply In Value

Arista Networks: Waiting For My Entry Point

Nov 11

Recent updates

Arista Networks: The Front-Runner In AI Networking Solutions

Nov 27

Is Arista Networks, Inc. (NYSE:ANET) Potentially Undervalued?

Nov 24
Is Arista Networks, Inc. (NYSE:ANET) Potentially Undervalued?

Shareholders Are Optimistic That Arista Networks (NYSE:ANET) Will Multiply In Value

Nov 12
Shareholders Are Optimistic That Arista Networks (NYSE:ANET) Will Multiply In Value

Arista Networks: Waiting For My Entry Point

Nov 11

Arista Networks Q3 Preview: Making Ethernet Great Again

Nov 02

Arista Networks, Inc. (NYSE:ANET) Looks Just Right With A 26% Price Jump

Oct 06
Arista Networks, Inc. (NYSE:ANET) Looks Just Right With A 26% Price Jump

Estimating The Intrinsic Value Of Arista Networks, Inc. (NYSE:ANET)

Oct 06
Estimating The Intrinsic Value Of Arista Networks, Inc. (NYSE:ANET)

Arista Networks: Richly Valued For Middling Growth Prospects

Oct 01

Arista Networks: The Breakout Appears Imminent

Sep 20

Does Arista Networks (NYSE:ANET) Deserve A Spot On Your Watchlist?

Sep 12
Does Arista Networks (NYSE:ANET) Deserve A Spot On Your Watchlist?

Arista Networks: Buy On Weakness Signal (Technical Analysis)

Sep 01

Arista Networks Is An Excellent Company: Reiterating Buy

Aug 24

What You Can Learn From Arista Networks, Inc.'s (NYSE:ANET) P/E

Aug 19
What You Can Learn From Arista Networks, Inc.'s (NYSE:ANET) P/E

Arista Networks: Pureplay Ethernet Switch Company At Its Peak

Aug 09

We Think Arista Networks' (NYSE:ANET) Profit Is Only A Baseline For What They Can Achieve

Aug 07
We Think Arista Networks' (NYSE:ANET) Profit Is Only A Baseline For What They Can Achieve

Arista Networks, Inc. Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

Aug 01
Arista Networks, Inc. Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

Arista Networks Is Poised For A Major Upcycle (Earnings Preview)

Jul 28

Is Now An Opportune Moment To Examine Arista Networks, Inc. (NYSE:ANET)?

Jul 24
Is Now An Opportune Moment To Examine Arista Networks, Inc. (NYSE:ANET)?

Investors Shouldn't Overlook The Favourable Returns On Capital At Arista Networks (NYSE:ANET)

Jul 12
Investors Shouldn't Overlook The Favourable Returns On Capital At Arista Networks (NYSE:ANET)

Arista Networks: Nvidia Isn't The Only AI Gold Rush Beneficiary

Jul 08

Estimating The Fair Value Of Arista Networks, Inc. (NYSE:ANET)

Jun 28
Estimating The Fair Value Of Arista Networks, Inc. (NYSE:ANET)

Adding Arista Networks To Our Model Portfolio (Technical Analysis)

Jun 06

If EPS Growth Is Important To You, Arista Networks (NYSE:ANET) Presents An Opportunity

Jun 04
If EPS Growth Is Important To You, Arista Networks (NYSE:ANET) Presents An Opportunity

Arista Networks: Downgrading The Business On Valuation And Growth Concerns

May 30

Arista Networks Q1 Earnings Trifecta: Strong Earnings, Robust Outlook, New Buyback

May 08

Arista Networks: Take Caution Ahead Of Earnings (Rating Downgrade)

Apr 30

Arista Networks, Inc.'s (NYSE:ANET) Shares May Have Run Too Fast Too Soon

Apr 15
Arista Networks, Inc.'s (NYSE:ANET) Shares May Have Run Too Fast Too Soon

Should You Investigate Arista Networks, Inc. (NYSE:ANET) At US$290?

Apr 01
Should You Investigate Arista Networks, Inc. (NYSE:ANET) At US$290?

Arista Networks: AI Networking Party Just Starting (Rating Upgrade)

Mar 24

A Look At The Fair Value Of Arista Networks, Inc. (NYSE:ANET)

Mar 18
A Look At The Fair Value Of Arista Networks, Inc. (NYSE:ANET)

Arista Networks (NYSE:ANET) Might Become A Compounding Machine

Mar 03
Arista Networks (NYSE:ANET) Might Become A Compounding Machine

Arista Q4 '23 Earnings Review: Stronger For Longer

Feb 16

Arista Networks: Shares Are Looking Awfully Pricey Heading Into Earnings

Feb 09

Is Now The Time To Put Arista Networks (NYSE:ANET) On Your Watchlist?

Feb 04
Is Now The Time To Put Arista Networks (NYSE:ANET) On Your Watchlist?

Arista Networks: Debt-Free, Priced At 26x Operating Profits

Jan 10

Some Confidence Is Lacking In Arista Networks, Inc.'s (NYSE:ANET) P/E

Jan 07
Some Confidence Is Lacking In Arista Networks, Inc.'s (NYSE:ANET) P/E

Arista Networks: Enabling AI Data Center Workloads

Dec 28

Should You Think About Buying Arista Networks, Inc. (NYSE:ANET) Now?

Dec 24
Should You Think About Buying Arista Networks, Inc. (NYSE:ANET) Now?

A Look At The Fair Value Of Arista Networks, Inc. (NYSE:ANET)

Dec 10
A Look At The Fair Value Of Arista Networks, Inc. (NYSE:ANET)

Arista Networks: Benefiting From The Supply Chain, Not Generative AI

Nov 27

Shareholder Returns

ANETUS CommunicationsUS Market
7D2.6%1.3%0.7%
1Y90.7%44.4%32.2%

Return vs Industry: ANET exceeded the US Communications industry which returned 44.4% over the past year.

Return vs Market: ANET exceeded the US Market which returned 32.2% over the past year.

Price Volatility

Is ANET's price volatile compared to industry and market?
ANET volatility
ANET Average Weekly Movement5.5%
Communications Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: ANET has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ANET's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20044,023Jayshree Ullalwww.arista.com

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. 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 offers data center and cloud networking systems, including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products, and routing systems addressing Core Routing, Edge Routing, Data Center Interconnect (DCI), Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration, automation, analytics, network monitoring, and security.

Arista Networks, Inc. Fundamentals Summary

How do Arista Networks's earnings and revenue compare to its market cap?
ANET fundamental statistics
Market capUS$127.81b
Earnings (TTM)US$2.66b
Revenue (TTM)US$6.61b

48.5x

P/E Ratio

19.5x

P/S Ratio

Is ANET overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ANET income statement (TTM)
RevenueUS$6.61b
Cost of RevenueUS$2.35b
Gross ProfitUS$4.26b
Other ExpensesUS$1.59b
EarningsUS$2.66b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.46
Gross Margin64.41%
Net Profit Margin40.29%
Debt/Equity Ratio0%

How did ANET perform over the long term?

See historical performance and comparison