Arista Networks
ANET

$355.36

3.62%

Market Cap: $111B

About: Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.

Employees: 4,023

Information Technology Computer Communications Equipment

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

41% more funds holding in top 10

Funds holding in top 10: 39 [Q1] → 55 (+16) [Q2]

33% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 127

27% more repeat investments, than reductions

Existing positions increased: 587 | Existing positions reduced: 461

20% more capital invested

Capital invested by funds: $62.4B [Q1] → $75.1B (+$12.7B) [Q2]

3% more funds holding

Funds holding: 1,331 [Q1] → 1,373 (+42) [Q2]

0.68% less ownership

Funds ownership: 69.07% [Q1] → 68.39% (-0.68%) [Q2]

24% less call options, than puts

Call options by funds: $1.38B | Put options by funds: $1.82B

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$265

25%

downside

Avg. target

$366

3%

upside

High target

$432

22%

upside

13 analyst ratings

10 positive

77%

2 neutral

15%

1 negative

8%

UBS David Vogt 33% 1-year accuracy 4 / 12 met price target	4%upside $369	Neutral Maintained	4 Sept 2024
Barclays Tim Long 58% 1-year accuracy 23 / 40 met price target	4%downside $341	Overweight Maintained	31 Jul 2024
JP Morgan Samik Chatterjee 50% 1-year accuracy 29 / 58 met price target	4%downside $340	Overweight Maintained	31 Jul 2024
Rosenblatt Mike Genovese 53% 1-year accuracy 19 / 36 met price target	25%downside $265	Sell Maintained	31 Jul 2024
Jefferies George Notter 43% 1-year accuracy 3 / 7 met price target	7%upside $380	Buy Maintained	31 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 20 articles about ANET published over the past 30 days

Zacks Investment Research

4 Mega-Cap Tech Stocks to Buy Ahead of Fed's September Rate Cut

A rate cut by the Fed will help mega-cap tech stocks like Micron Technology (MU), Arista Networks (ANET), Adobe (ADBE) and AudioEye (AEYE).

4 Mega-Cap Tech Stocks to Buy Ahead of Fed's September Rate Cut

Zacks Investment Research

Buy 5 Beaten Down Tech Stocks of Past Month With Huge Near-Term Upside

Five beaten-down technology giant of past month with excellent price upside for short term are: MU, ANET, APH, DDOG, SPOT.

Buy 5 Beaten Down Tech Stocks of Past Month With Huge Near-Term Upside

Zacks Investment Research

Arista Networks (ANET) Outperforms Broader Market: What You Need to Know

Arista Networks (ANET) concluded the recent trading session at $326.75, signifying a +0.61% move from its prior day's close.

Arista Networks (ANET) Outperforms Broader Market: What You Need to Know

Zacks Investment Research

Arista Networks, Inc. (ANET) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Arista Networks (ANET). This makes it worthwhile to examine what the stock has in store.

Arista Networks, Inc. (ANET) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research

Has Arista Networks (ANET) Outpaced Other Computer and Technology Stocks This Year?

Here is how Arista Networks (ANET) and Bridgeline Digital, Inc. (BLIN) have performed compared to their sector so far this year.

Has Arista Networks (ANET) Outpaced Other Computer and Technology Stocks This Year?

Zacks Investment Research

3 Communication Stocks to Gain From Integrated Cloud & Fiber Network

Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, HLIT and AUDC are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks to Gain From Integrated Cloud & Fiber Network

Arista Advanced Pet Care Announces Opening of First Hospital in Atlanta, Georgia

ATLANTA--(BUSINESS WIRE)--Arista Advanced Pet Care, a groundbreaking new group in the specialty referral and emergency veterinary space announces its first hospital will open in Atlanta in the first quarter of 2025. Part of Affinity Veterinary Partners, Arista is bringing a revolutionary shared ownership model to the veterinary specialty and emergency industry, inspired by its successful sister company, CityVet. Arista Advanced Pet Care distinguishes itself by building new multispecialty referr.

Arista Advanced Pet Care Announces Opening of First Hospital in Atlanta, Georgia

12 Fast And Steady Earnings Growth Stocks For September

How fast are earnings growing on a growth stock? How big a premium do you have to pay to get that stock?

12 Fast And Steady Earnings Growth Stocks For September

Arista Networks: Buy On Weakness Signal (Technical Analysis)

Arista Networks tops our SID system's buy-on-weakness list, signaling a potential retest of old high resistance because it has our SID Buy Signal. Strong fundamental and technical signals, including improving money flow and MACD, support our buy signals. Positive SA analyst ratings and technical indicators like CMF and Full Stochastic suggest rising demand and price movement towards previous highs.

Arista Networks: Buy On Weakness Signal (Technical Analysis)

Zacks Investment Research

Arista Networks (ANET) Is Considered a Good Investment by Brokers: Is That True?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Arista Networks (ANET) Is Considered a Good Investment by Brokers: Is That True?

See News Rankings