We rank companies based on fund manager, research analyst and news sentiment
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Arista Networks
ANET

$271.22
9.43%
 

About: Arista Networks Inc 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

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 23 analysts
0
News positive %
of 39 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

142% more first-time investments, than exits

New positions opened: 242 | Existing positions closed: 100

54% more funds holding in top 10

Funds holding in top 10: 24 [Q3] → 37 (+13) [Q4]

30% more capital invested

Capital invested by funds: $38.2B [Q3] → $49.8B (+$11.6B) [Q4]

14% more funds holding

Funds holding: 1,009 [Q3] → 1,151 (+142) [Q4]

5% more repeat investments, than reductions

Existing positions increased: 398 | Existing positions reduced: 380

0.99% more ownership

Funds ownership: 66.93% [Q3] → 67.92% (+0.99%) [Q4]

15% less call options, than puts

Call options by funds: $643M | Put options by funds: $759M

Research analyst outlook

23 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$209
23%
downside
Avg. target
$279
3%
upside
High target
$356
31%
upside

23 analyst ratings

20 positive
87%
neutral
9%
negative
4%
Rosenblatt
Mike Genovese
23%downside
$210
Sell
Downgraded
12 Apr 2024
JP Morgan
Samik Chatterjee
16%upside
$315
Overweight
Maintained
11 Apr 2024
Evercore ISI Group
Amit Daryanani
11%upside
$300
Outperform
Maintained
27 Mar 2024
Goldman Sachs
Michael Ng
31%upside
$356
Buy
Maintained
22 Mar 2024
Rosenblatt
Mike Genovese
22%upside
$330
Buy
Maintained
13 Feb 2024

Financial journalist opinion

Based on 39 articles about ANET published over the past 30 days