ANET heads into Q3 earnings with rising estimates, strong AI networking demand and new growth from its VeloCloud acquisition.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Arista Networks (ANET) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Arista Networks is a leader in high-performance networking, benefiting from AI-driven data center growth and robust cloud demand. ANET delivered its 20th consecutive double-beat quarter, with 30% revenue growth and strong operating margins, reinforcing its dominant market position. Despite trading at a premium forward P/E of 52, ANET's consistent execution and shareholder-friendly capital allocation justify the valuation.
Arista Networks (ANET) is a leading AI/data center supplier, benefiting from surging demand for advanced networking driven by hyperscaler and enterprise upgrades. ANET projects sustained 20% revenue growth and EBITDA margins above 45%, supported by partnerships with Broadcom, Oracle, and OpenAI. Despite strong fundamentals and industry leadership, ANET's valuation has surpassed targets, prompting a downgrade to Hold until a pullback or faster earnings growth.
In the closing of the recent trading day, Arista Networks (ANET) stood at $147.43, denoting a -4.33% move from the preceding trading day.
We are now three years into the AI boom, and understandably, many investors are asking: is this a bubble? My view is, not yet.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Artificial intelligence (AI) remains among the hottest market topics, with investors continuing to seek ways to obtain exposure.
In the most recent trading session, Arista Networks (ANET) closed at $149.5, indicating a +2.75% shift from the previous trading day.