NYSE - Nasdaq Real Time Price • USD
Arista Networks, Inc. (ANET)
As of 3:12 PM EDT. Market Open.
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 21 | 21 | 25 | 24 |
| Avg. Estimate | 1.74 | 1.82 | 7.51 | 8.6 |
| Low Estimate | 1.66 | 1.7 | 7.22 | 7.86 |
| High Estimate | 1.97 | 2.07 | 8.42 | 9.66 |
| Year Ago EPS | 1.43 | 1.58 | 6.94 | 7.51 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 19 | 18 | 25 | 25 |
| Avg. Estimate | 1.55B | 1.62B | 6.61B | 7.59B |
| Low Estimate | 1.51B | 1.57B | 6.51B | 7.17B |
| High Estimate | 1.62B | 1.7B | 6.95B | 8.18B |
| Year Ago Sales | 1.31B | 1.46B | 5.86B | 6.61B |
| Sales Growth (year/est) | 18.70% | 10.90% | 12.70% | 14.90% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 1.34 | 1.44 | 1.58 | 1.7 |
| EPS Actual | 1.43 | 1.58 | 1.83 | 2.08 |
| Difference | 0.09 | 0.14 | 0.25 | 0.38 |
| Surprise % | 6.70% | 9.70% | 15.80% | 22.40% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.74 | 1.82 | 7.51 | 8.6 |
| 7 Days Ago | 1.74 | 1.82 | 7.5 | 8.59 |
| 30 Days Ago | 1.74 | 1.82 | 7.49 | 8.57 |
| 60 Days Ago | 1.73 | 1.82 | 7.46 | 8.56 |
| 90 Days Ago | 1.67 | 1.78 | 7.29 | 8.22 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | 1 | 1 |
| Up Last 30 Days | 1 | 1 | 2 | 2 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ANET | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 21.70% | -- | -- | 0.80% |
| Next Qtr. | 15.20% | -- | -- | 9.60% |
| Current Year | 8.20% | -- | -- | 4.50% |
| Next Year | 14.50% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 19.40% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 30.22% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Downgrade | Rosenblatt: Buy to Sell | 4/12/2024 |
| Maintains | JP Morgan: Overweight to Overweight | 4/11/2024 |
| Maintains | Evercore ISI Group: Outperform to Outperform | 3/27/2024 |
| Maintains | Goldman Sachs: Buy to Buy | 3/22/2024 |
| Maintains | Rosenblatt: Buy to Buy | 2/13/2024 |
| Maintains | Goldman Sachs: Buy to Buy | 2/13/2024 |
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