FMP
Arista Networks, Inc.
ANET
NYSE
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
86.52 USD
-0.75 (-0.867%)
Latest ANET News
Davit Kirakosyan
Apr 15, 2025
Arista Networks Remains a Top Pick at Evercore
Evercore ISI lowered its price target on Arista Networks (NYSE:ANET) to $100 from $130 while reaffirming an Outperform rating, citing tariff-related earnings pressure and a cautious market narrative. Despite a 33% year-to-date drop in the stock and bearish sentiment fueled by speculation of lost business at Meta and Oracle, Evercore believes the downside risks are overstated. The firm contends that Arista remains well positioned to meet its $750 million AI back-end revenue target and maintain it...
Davit Kirakosyan
Mar 17, 2025
JPMorgan Reaffirms Bullish Stance on Arista Networks, Sees Strong Upside Potential
JPMorgan analysts maintained an Overweight rating on Arista Networks (NYSE:ANET) with a $140 price target, adding the stock to the Analyst Focus List as a compelling growth opportunity following its recent pullback. The decline in Arista’s stock has been driven by concerns over AI-related spending cuts from cloud providers and potential market share losses to white-box competitors. However, JPMorgan believes these risks are overstated and unlikely to significantly impact Arista’s long-term growt...
Davit Kirakosyan
Feb 19, 2025
Arista Networks Delivers Strong Q4 Results, But Stock Drops on Meta Revenue Decline
Arista Networks (NYSE:ANET) posted better-than-expected fourth-quarter earnings and revenue, while issuing an upbeat forecast for the current quarter, as the AI-driven surge in data center expansion continues to fuel demand for its networking equipment. The company, which counts tech heavyweights Meta Platforms and Microsoft as key clients, has been leveraging the AI boom to drive sales of its Ethernet switches and routers, critical components for next-generation data centers. For Q4, Arista rep...
Parth Sanghvi
Dec 11, 2024
Arista Networks: Citi's Core AI Investment Pick
Arista Networks (NYSE:ANET) remains a "core AI holding," according to Citi, driven by strong demand for data center switches that are integral to supporting AI workloads. The company continues to benefit from robust spending by hyperscalers like Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), who are expanding their data center capabilities to meet the rising needs of AI-driven technologies. Key Factors Supporting Citi's Outlook Strength in AI Infrastructure Arista's advanced data cen...
Andrew Wynn
Dec 4, 2024
Arista Networks, Inc. (NYSE:ANET) Announces 1-for-4 Stock Split
On December 4, 2024, Arista Networks, Inc. (NYSE:ANET) underwent a 1-for-4 stock split. Arista Networks is a leading provider of cloud networking solutions, competing with companies like Cisco and Juniper Networks. The stock split means that for every four shares owned, shareholders now have one share, effectively increasing the share price while maintaining the company's overall market value. Stock splits, like the one ANET executed, have become less common but still hold significance in the m...
Andrew Wynn
Nov 27, 2024
Arista Networks, Inc. (NYSE:ANET) Stock Split and Growth Outlook
Arista Networks, Inc. (NYSE:ANET) is a prominent player in the cloud networking solutions industry. The company is known for its high-performance networking products, which cater to large data centers and cloud computing environments. Arista competes with other tech giants like Cisco Systems and Juniper Networks. The company has announced a stock split, where shareholders will receive 4 shares for every 1 share they currently hold, scheduled for December 4, 2024. Arista Networks is recognized a...
Seeking Alpha
Aug 24, 2024
Arista Networks Is An Excellent Company: Reiterating Buy
Arista's success in cloud-based, high-speed integrated networks positions it well for continued dominance in the market. Arista holds its own as a formidable competitor to Nvidia's InfinBand. Continued spending on AI and the need for low latency, faster, integrated networks suggest sustainable growth in the future.
The Motley Fool
Aug 21, 2024
Stock-Split Watch: 3 Artificial Intelligence (AI) Stocks That Look Ready to Split
Meta Platforms' Llama model could become the biggest AI model in the world. KLA Corporation is riding the AI boom to higher revenue and profits.
Zacks Investment Research
Aug 20, 2024
Arista (ANET) to Power Alabama Fiber Network: Time to Buy?
Riding on a robust earnings surprise history and favorable Zacks Rank, Arista (ANET) appears primed for further stock price appreciation.
Zacks Investment Research
Aug 16, 2024
Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock
Zacks.com users have recently been watching Arista Networks (ANET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
