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Arista Networks, Inc. logo
Arista Networks, Inc.
ANET · US · NYSE
335.81
USD
+1.31
(0.39%)
Company Overview

5453 GREAT AMERICA PARKWAY,SANTA CLARA CA 95054,408-547-5500

CEO

Ms. Jayshree V. Ullal

Employess

4023

Sector

Technology

Industry

Computer Hardware

Website

https://www.arista.com

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.

Next Earnings Date

Nov. 4, 2024

Ex Dividends date

--

Dividend Date

--

YTD Performance

45.02%

Fiscal Year End

12-31

IPO Date

2014-06-06

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 32.13% 22.19% 36.24% 33.75%
EPS 58.35% 46.22% 47.82% 53.06%
Equity 57.32% 27.49% 29.55% 47.76%
Cash 32.80% 24.43% 29.47% 188.61%
Return On Capital (ROIC) 19.71% 23.04% 24.14% 26.43%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 95.8 19.9 227 143 140
Long Term Debt 44.4 44 56.5 72.4 83
LT Finance Leases 44.4 44 56.5 72.4 83
Shares Outstanding 309 306 307 304 305
Market Cap 72,900 37,200 44,100 22,100 15,500
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Arista Networks: Pureplay Ethernet Switch Company At Its Peak
1 month

Arista Networks has seen an impressive surge in stock price of 80.48% in the past year and 448.79% in the past 5 years. The company's revenue growth, market share in the Ethernet switch market, and focus on pure play advantage are key drivers of its growth. Arista's profitability, margins, and FCF growth indicate a strong business model, but high customer concentration poses a risk to its financial outlook.

seekingalpha.com
3 Artificial Intelligence Stocks with Promising Applications
1 month

Artificial intelligence made headlines in 2024, with stocks in the space appreciating tremendously. Amid the growing adoption of technology, many companies are shelling out billions to advance their AI capabilities.

investorplace.com
Alabama Fiber Network Selects Arista Networks for Statewide Middle-Mile Initiative
1 month

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks (NYSE:ANET) announced today that Alabama Fiber Network (AFN), a consortium of eight electric cooperatives, has selected Arista as its provider of routing and switching equipment for its robust middle-mile network project. This initiative delivers affordable, high-capacity and reliable internet access to last-mile providers and large enterprises throughout underserved rural areas across Alabama. AFN is spearheading a major broadband expansion.

businesswire.com
3 High-Growth Cloud Computing Stocks to Buy on the Dip
1 month

High-growth cloud computing stocks have been all the rage in recent years, with pure-play cloud companies posting jaw-dropping growth numbers. However, the recent selloff we're seeing in certain tech segments, and the global pressure that's been building for equity markets, are providing a harsh reality check for investors.

investorplace.com
Arista Networks (ANET) Upgraded to Strong Buy: Here's What You Should Know
1 month

Arista Networks (ANET) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

zacks.com
Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
1 month

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.

zacks.com
GLW vs. ANET: Which Stock Is the Better Value Option?
2 months

Investors interested in Communication - Components stocks are likely familiar with Corning (GLW) and Arista Networks (ANET). But which of these two stocks offers value investors a better bang for their buck right now?

zacks.com
3 Standout Stocks of This Week's Busy Earnings Lineup
2 months

In the most anticipated week of the Q2 earnings season, several top-rated Zacks stocks are standing out after exceeding their quarterly top and bottom line expectations on Tuesday.

zacks.com
An Earnings Beat and an Upbeat AI Outlook Lifted Arista Networks Stock
2 months

Arista Networks (ANET) shares finished Wednesday up 11% after the cloud networking giant reported better-than-expected earnings and raised its outlook.

investopedia.com
Arista Networks Q2: Expansion Into Etherlink AI And Security Networks
2 months

Arista Networks, Inc. upgraded to “Strong Buy” in my previous article published in March 2024. The company beats market expectations with mid-teen revenue growth driven by data center and AI investments. Expansion into Etherlink AI and security networks is crucial for future growth, despite competition risks from Nvidia's InfiniBand.

seekingalpha.com
Get Your Money Out of These 3 AI Stocks by 2025
2 months

On July 24, the stock market showed its first signs of instability this year. The Nasdaq composite dipped 3.6% in one day due to a broad selloff of the tech industry.

investorplace.com
Why Arista Networks Stock Is Soaring Today
2 months

Arista Networks' networking technology is proving invaluable to AI data centers. Artificial intelligence-related revenue, in fact, is the chief reason this company was able to top its Q2 estimates.

fool.com