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ANET

ANET - Arista Networks Inc Stock Price, Fair Value and News

271.05USD-25.53 (-8.61%)Market Closed

Market Summary

ANET
USD271.05-25.53
Market Closed
-8.61%

ANET Alerts

  • 5 major insider sales recently.

ANET Stock Price

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ANET RSI Chart

ANET Valuation

Market Cap

84.7B

Price/Earnings (Trailing)

40.6

Price/Sales (Trailing)

14.46

EV/EBITDA

33.34

Price/Free Cashflow

42.47

ANET Price/Sales (Trailing)

ANET Profitability

Operating Margin

92.49%

EBT Margin

41.33%

Return on Equity

28.91%

Return on Assets

20.98%

Free Cashflow Yield

2.35%

ANET Fundamentals

ANET Revenue

Revenue (TTM)

5.9B

Rev. Growth (Yr)

20.77%

Rev. Growth (Qtr)

2.05%

ANET Earnings

Earnings (TTM)

2.1B

Earnings Growth (Yr)

43.68%

Earnings Growth (Qtr)

12.53%

Breaking Down ANET Revenue

Last 7 days

-8.9%

Last 30 days

-3.4%

Last 90 days

7.6%

Trailing 12 Months

64.5%

How does ANET drawdown profile look like?

ANET Financial Health

Current Ratio

4.39

ANET Investor Care

Shares Dilution (1Y)

2.04%

Diluted EPS (TTM)

6.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.9B5.3B5.6B5.9B
20223.2B3.5B3.9B4.4B
20212.5B2.6B2.8B2.9B
20202.3B2.3B2.2B2.3B
20192.3B2.4B2.5B2.4B
20181.8B1.9B2.0B2.2B
20171.2B1.4B1.5B1.6B
2016900.7M973.9M1.0B1.1B
2015645.9M703.5M765.6M837.6M
2014417.1M471.5M525.4M584.1M
20130249.3M305.3M361.2M
2012000193.4M
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Tracking the Latest Insider Buys and Sells of Arista Networks Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 10, 2024
duda kenneth
sold
-4,640,720
290
-16,000
cto and svp software eng.
Apr 10, 2024
duda kenneth
sold
-5,800,910
290
-20,000
cto and svp software eng.
Apr 10, 2024
duda kenneth
acquired
341,700
17.085
20,000
cto and svp software eng.
Apr 09, 2024
ullal jayshree
sold
-230,392
299
-768
president and ceo
Apr 09, 2024
ullal jayshree
sold
-751,775
299
-2,506
president and ceo
Apr 04, 2024
mccool john f
acquired
23,539
56.585
416
chief platform officer
Apr 04, 2024
ullal jayshree
sold
-4,514,400
300
-15,000
president and ceo
Apr 04, 2024
ullal jayshree
sold
-1,354,320
300
-4,500
president and ceo
Apr 04, 2024
mccool john f
sold
-125,199
300
-416
chief platform officer

1–10 of 50

Which funds bought or sold ANET recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
Cooper Financial Group
reduced
-12.21
122,079
1,629,110
0.27%
Apr 11, 2024
BRIGHT ROCK CAPITAL MANAGEMENT, LLC
unchanged
-
817,050
4,349,700
0.90%
Apr 11, 2024
Ballentine Partners, LLC
added
21.6
219,572
661,154
0.01%
Apr 11, 2024
&PARTNERS
added
75.15
311,358
578,510
0.08%
Apr 11, 2024
CONTRAVISORY INVESTMENT MANAGEMENT, INC.
reduced
-0.98
136,914
761,487
0.17%
Apr 11, 2024
D. SCOTT NEAL, INC.
reduced
-44.6
-115,640
248,223
0.16%
Apr 11, 2024
Guinness Asset Management LTD
reduced
-7.53
73,367
605,054
0.01%
Apr 11, 2024
RFG Advisory, LLC
added
27.29
725,918
2,005,960
0.07%
Apr 11, 2024
Royal Fund Management, LLC
new
-
185,587
185,587
0.02%
Apr 11, 2024
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC
reduced
-12.82
67,293
681,032
0.07%

1–10 of 49

Are Funds Buying or Selling ANET?

Are funds buying ANET calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ANET
No. of Funds

Unveiling Arista Networks Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.48%
29,493,855
SC 13G/A
Jan 31, 2024
bechtolsheim family trust
14.7%
45,940,474
SC 13G/A
Jan 29, 2024
blackrock inc.
5.9%
18,421,152
SC 13G/A
Feb 09, 2023
vanguard group inc
8.84%
27,025,757
SC 13G/A
Feb 03, 2023
bechtolsheim family trust
14.96%
45,925,483
SC 13G/A
Feb 01, 2023
blackrock inc.
6.0%
18,362,100
SC 13G/A
Feb 11, 2022
bechtolsheim family trust
15.61%
48,028,929
SC 13G/A
Feb 09, 2022
vanguard group inc
8.11%
24,915,335
SC 13G/A
Feb 08, 2022
2010 david r cheriton irrevocable trust dtd july 28, 2010
3.88%
11,960,000
SC 13G/A
Feb 07, 2022
blackrock inc.
5.6%
17,330,539
SC 13G/A

Recent SEC filings of Arista Networks Inc

View All Filings
Date Filed Form Type Document
Apr 12, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 10, 2024
144
Notice of Insider Sale Intent
Apr 10, 2024
144
Notice of Insider Sale Intent
Apr 10, 2024
144
Notice of Insider Sale Intent
Apr 09, 2024
144
Notice of Insider Sale Intent
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading

Peers (Alternatives to Arista Networks Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.4B
57.2B
-3.21% -4.53%
14.61
3.43
7.66% 18.93%
84.7B
5.9B
-3.44% 64.48%
40.6
14.46
33.75% 54.34%
28.0B
53.1B
-7.22% -4.58%
8.18
0.53
-11.04% 34.01%
22.6B
29.1B
-2.68% 8.67%
11.18
0.78
2.24% 133.29%
13.7B
4.2B
-6.89% 49.59%
28.17
3.22
-11.68% 12.69%
11.8B
5.6B
0.16% 7.51%
38.03
2.12
4.97% -34.14%
MID-CAP
6.6B
1.9B
-4.50% -58.53%
17.64
3.5
4.69% 6.86%
3.5B
2.5B
-1.41% 4.79%
14.44
1.4
-3.62% -4.73%
2.9B
1.4B
-7.59% -4.69%
-11
2.04
-21.40% -1031.82%
SMALL-CAP
1.4B
1.3B
-7.12% -44.90%
17.15
1.02
14.09% 64.56%
430.8M
217.6M
-19.74% 403.14%
-7.69
1.98
-2.32% 15.59%
372.6M
1.1B
-15.14% -56.10%
-1.39
0.32
12.05% -13041.29%
133.3M
148.1M
2.38% 14.73%
28.39
0.9
3.90% 76.40%
56.2M
29.7M
-5.00% -82.88%
-0.81
1.89
39.86% -13.06%
55.8M
56.0M
-1.12% -7.17%
-4.49
1
-26.16% -43.53%

Arista Networks Inc News

Latest updates
MarketBeat12 hours ago
Yahoo Finance12 Apr 202406:42 pm
Yahoo Finance09 Apr 202409:45 pm

Arista Networks Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.1%1,5401,5091,4591,3511,2761,1771,052877824749707668648605541523553654608595596
Gross Profit6.0%999942884805769710643554523479454425415385344338356417390381375
Operating Expenses5.8%359340354320300293280276257245235219220197177189180189183186181
  S&GA Expenses3.4%10610298.0093.0085.0081.0079.0081.0075.0070.0071.0071.0068.0053.0051.0057.0055.0055.0053.0051.0051.00
  R&D Expenses-0.4%211212230201190188178172158153143132134128112113110119114120118
EBITDA Margin4.1%0.42*0.41*0.39*0.38*0.37*0.36*0.35*0.34*0.33*0.32*0.33*0.33*---------
Interest Expenses---------------------1.00
Income Taxes-18.6%81.0099.0095.0060.0059.0070.0063.0037.0028.0010.0024.0028.0017.0033.0030.0023.00-73.5239.0031.006.0028.00
Earnings Before Taxes7.7%694645586497486424362309267235221208200202175162187248221207198
EBT Margin4.5%0.41*0.40*0.38*0.36*0.36*0.35*0.34*0.33*0.32*0.31*0.32*0.32*---------
Net Income12.5%614545492436427354299272239224197180183168145138261209189201170
Net Income Margin4.9%0.36*0.34*0.32*0.31*0.31*0.30*0.30*0.30*0.29*0.28*0.28*0.27*---------
Free Cashflow-25.1%51568842336930.0012492.00202179227259250---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets9.7%9,9479,0698,1867,5436,7756,1625,8256,1085,7345,4375,2084,8944,7394,3994,3364,1124,1853,6203,4413,3323,082
  Current Assets9.6%8,3907,6556,8526,2715,5515,0324,7295,1054,8134,5244,3284,0033,8373,6543,5773,3373,4723,2403,0292,9012,715
    Cash Equivalents10.9%1,9391,7491,2629566727214986396256358988488979758047661,1161,095944809654
  Inventory2.7%1,9451,8941,8641,6831,2901,101853694650576543483480438327262244240314347265
  Net PPE-1.0%10210310297.0095.0096.0092.0087.0079.0075.0032.0032.0032.0033.0035.0038.0039.0040.0041.0042.0075.00
  Goodwill0%26926926926626627127321718818818818819085.0085.0085.0055.0055.0054.0054.0054.00
Liabilities6.4%2,7282,5632,3282,2141,8901,7771,8191,9551,7561,5721,5101,4421,4191,3151,2991,2631,291964916932939
  Current Liabilities3.4%1,9101,8471,6561,5851,2941,2551,2781,3691,110893860787768665640573597548525543607
Shareholder's Equity11.0%7,2196,5065,8585,3294,8864,3854,0064,1533,9793,8653,6983,4513,3203,0843,0362,8492,8952,6562,5262,4002,143
  Retained Earnings13.6%5,1144,5003,9553,4933,1392,7152,4082,5932,4572,3942,3042,1072,0281,8451,8441,6991,7881,5791,4851,3961,191
  Additional Paid-In Capital3.9%2,1082,0281,9281,8571,7811,7181,6391,5911,5301,4741,3951,3461,2921,2401,1851,1491,1061,0771,0391,005957
Accumulated Depreciation4.0%18818117316415715014413813312812312011511010510097.0093.0088.0083.0090.00
Shares Outstanding0.4%312311309308307305307308307307306305---------
Float---40,800---23,074---21,909---12,365---15,382--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-24.7%52669943437440.00134101217225273263255187215138195327269196170296
  Share Based Compensation-4.7%81.0085.0067.0063.0065.0065.0050.0050.0051.0053.0045.0038.0040.0036.0033.0028.0026.0026.0024.0024.0025.00
Cashflow From Investing-49.2%-336-225-102-21.75-82.82126246-72.61-64.20-425-218-217-278102-103-329-264-14.5330.00-35.22-171
Cashflow From Financing-108.7%-1.3315.00-29.23-68.40-4.66-34.24-485-129-170-1095.00-85.7712.00-1483.00-212-48.45-102-91.0424.002.00
  Buy Backs---30.0082.003.0048.00484136176134-101-167-22852.00115100--

ANET Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:   
Total revenue$ 5,860,168$ 4,381,310$ 2,948,037
Cost of revenue:   
Total cost of revenue2,229,8871,705,6141,067,258
Gross profit3,630,2812,675,6961,880,779
Operating expenses:   
Research and development854,918728,394586,752
Sales and marketing399,034326,955286,171
General and administrative119,08093,24183,117
Total operating expenses1,373,0321,148,590956,040
Income from operations2,257,2491,527,106924,739
Other income, net164,77754,6906,140
Income before income taxes2,422,0261,581,796930,879
Provision for income taxes334,705229,35090,025
Net income$ 2,087,321$ 1,352,446$ 840,854
Earnings per share   
Basic (in dollars per share)$ 6.75$ 4.41$ 2.74
Diluted (in dollars per share)$ 6.58$ 4.27$ 2.63
Weighted-average common shares outstanding   
Basic (in shares)309,354306,473306,512
Diluted (in shares)317,135316,459319,238
Product   
Revenue:   
Total revenue$ 5,029,493$ 3,716,079$ 2,377,727
Cost of revenue:   
Total cost of revenue2,061,1671,573,629958,363
Service   
Revenue:   
Total revenue830,675665,231570,310
Cost of revenue:   
Total cost of revenue$ 168,720$ 131,985$ 108,895

ANET Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 1,938,606$ 671,707
Marketable securities3,069,3622,352,022
Accounts receivable, net1,024,569923,096
Inventories1,945,1801,289,706
Prepaid expenses and other current assets412,518314,217
Total current assets8,390,2355,550,748
Property and equipment, net101,58095,009
Acquisition-related intangible assets, net88,768122,205
Goodwill268,531265,924
Deferred tax assets945,792574,912
Other assets151,900166,612
TOTAL ASSETS9,946,8066,775,410
CURRENT LIABILITIES:  
Accounts payable435,059232,572
Accrued liabilities407,302292,487
Deferred revenue915,204637,432
Other current liabilities152,041131,040
Total current liabilities1,909,6061,293,531
Income taxes payable95,75189,839
Deferred revenue, non-current591,000403,814
Other long-term liabilities131,390102,406
TOTAL LIABILITIES2,727,7471,889,590
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:  
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of December 31, 2023 and 202200
Common stock, $0.0001 par value—1,000,000 shares authorized as of December 31, 2023 and 2022; 312,245 and 306,890 shares issued and outstanding as of December 31, 2023 and 20223131
Additional paid-in capital2,108,3311,780,714
Retained earnings5,114,0253,138,983
Accumulated other comprehensive income (loss)(3,328)(33,908)
TOTAL STOCKHOLDERS’ EQUITY7,219,0594,885,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 9,946,806$ 6,775,410
ANET
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, telecommunication service providers, 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.
 CEO
 WEBSITEarista.com
 INDUSTRYComputer Hardware
 EMPLOYEES3612

Arista Networks Inc Frequently Asked Questions


What is the ticker symbol for Arista Networks Inc? What does ANET stand for in stocks?

ANET is the stock ticker symbol of Arista Networks Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Arista Networks Inc (ANET)?

As of Fri Apr 12 2024, market cap of Arista Networks Inc is 84.74 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ANET stock?

You can check ANET's fair value in chart for subscribers.

What is the fair value of ANET stock?

You can check ANET's fair value in chart for subscribers. The fair value of Arista Networks Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Arista Networks Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ANET so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Arista Networks Inc a good stock to buy?

The fair value guage provides a quick view whether ANET is over valued or under valued. Whether Arista Networks Inc is cheap or expensive depends on the assumptions which impact Arista Networks Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ANET.

What is Arista Networks Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, ANET's PE ratio (Price to Earnings) is 40.6 and Price to Sales (PS) ratio is 14.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ANET PE ratio will change depending on the future growth rate expectations of investors.