Arista Networks Inc
General ticker "ANET" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $133.9B
Arista Networks Inc closely follows the US Stock Market performance with the rate: 82.8%.
Estimated limits based on current volatility of 3.0%: low 108.61$, high 115.05$
Factors to consider:
- Company included in S&P500 list
- US accounted for 77.5% of revenue in the fiscal year ended 2023-12-31
- Current price 43.4% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [48.15$, 78.65$]
- 2024-12-30 to 2025-12-30 estimated range: [56.16$, 89.35$]
Financial Metrics affecting the ANET estimates:
- Positive: Non-GAAP EPS, $ of 6.92 > 2.29
- Negative: Industry operating cash flow per share per price (median), % of 3.52 <= 3.85
- Positive: Operating profit margin, % of 38.52 > 19.51
- Positive: Return on assets ratio (scaled to [-100,100]) of 17.35 > 7.10
- Negative: Industry earnings per price (median), % of 0 <= 1.31
- Negative: Operating cash flow per share per price, % of 2.91 <= 7.18
Short-term ANET quotes
Long-term ANET plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $2,948.04MM | $4,381.31MM | $5,860.17MM |
| Operating Expenses | $2,023.30MM | $2,854.20MM | $3,602.92MM |
| Operating Income | $924.74MM | $1,527.11MM | $2,257.25MM |
| Non-Operating Income | $6.14MM | $54.69MM | $164.78MM |
| R&D Expense | $586.75MM | $728.39MM | $854.92MM |
| Income(Loss) | $930.88MM | $1,581.80MM | $2,422.03MM |
| Taxes | $90.03MM | $229.35MM | $334.70MM |
| Profit(Loss) | $840.85MM | $1,352.45MM | $2,087.32MM |
| Stockholders Equity | $3,978.60MM | $4,885.82MM | $7,219.06MM |
| Inventory | $650.12MM | $1,289.71MM | $1,945.18MM |
| Assets | $5,734.43MM | $6,775.41MM | $9,946.81MM |
| Operating Cash Flow | $1,015.86MM | $492.81MM | $2,034.01MM |
| Capital expenditure | $64.74MM | $44.64MM | $34.43MM |
| Investing Cash Flow | $-925.56MM | $216.33MM | $-687.45MM |
| Financing Cash Flow | $-360.88MM | $-654.60MM | $-83.75MM |
| Earnings Per Share* | $0.69 | $1.10 | $1.69 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.