Arista Networks, Inc.
General ticker "ANET" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $139.3B (TTM average)
Arista Networks, Inc. follows the US Stock Market performance with the rate: 70.2%.
Estimated limits based on current volatility of 1.7%: low 126.22$, high 130.63$
Factors to consider:
- Company included in S&P500 list
- Total employees count: 4412 (+9.7%) as of 2024
- US accounted for 80.9% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Economic downturns and volatility, Supply chain disruptions, Product quality issues, Market competition, Labor/talent shortage/retention
- Current price 16.8% above estimated high
- Earnings for 9 months up through Q3 are below 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [74.29$, 110.04$]
- 2025-12-31 to 2026-12-31 estimated range: [69.29$, 105.34$]
Financial Metrics affecting the ANET estimates:
- Negative: with PPE of 15.7 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 42.05 > 18.64
- Negative: negative Industry operating cash flow (median)
- Positive: Shareholder equity ratio, % of 71.17 > 63.39
- Positive: Return on assets ratio (scaled to [-100,100]) of 16.88 > 6.04
- Positive: Industry inventory ratio change (median), % of -2.04 <= -0.15
- Positive: 0.33 < Operating cash flow per share per price, % of 2.64
- Positive: Inventory ratio change, % of -13.44 <= -0.75
- Positive: Interest expense per share per price, % of 0 <= 0.01
Short-term ANET quotes
Long-term ANET plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $4,381.31MM | $5,860.17MM | $7,003.15MM |
| Operating Expenses | $2,854.20MM | $3,602.92MM | $4,058.53MM |
| Operating Income | $1,527.11MM | $2,257.25MM | $2,944.62MM |
| Non-Operating Income | $54.69MM | $164.78MM | $320.42MM |
| R&D Expense | $728.39MM | $854.92MM | $996.72MM |
| Income(Loss) | $1,581.80MM | $2,422.03MM | $3,265.03MM |
| Taxes | $229.35MM | $334.70MM | $412.98MM |
| Profit(Loss)* | $1,352.45MM | $2,087.32MM | $2,852.05MM |
| Stockholders Equity | $4,885.82MM | $7,219.06MM | $9,994.81MM |
| Inventory | $1,289.71MM | $1,945.18MM | $1,834.57MM |
| Assets | $6,775.41MM | $9,956.64MM | $14,043.92MM |
| Operating Cash Flow | $492.81MM | $2,034.01MM | $3,708.24MM |
| Capital expenditure | $44.64MM | $34.43MM | $32.03MM |
| Investing Cash Flow | $216.33MM | $-687.45MM | $-2,457.35MM |
| Financing Cash Flow | $-654.60MM | $-83.75MM | $-421.81MM |
| Earnings Per Share** | $1.10 | $1.69 | $2.27 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.