Arista Networks Inc ANET will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 57 cents in EPS and $1.90 billion in revenues as the company reports after market hours.
The S&P 500 is in the midst of a market rally that has persisted for more than two years and continues to defy detractors. A solid economic outlook, growing corporate profits, and the vast potential of artificial intelligence (AI) have all helped fuel the market's advances.
With solid fundamentals and healthy revenue-generating potential driven by robust demand trends, ANET appears to be a solid investment proposition.
Arista Networks (ANET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Arista Networks (ANET -6.16%) stock lost ground in Wednesday's trading. The company's share price closed out the session down 6.2% in a day that saw the S&P 500 index slip 0.3% and the Nasdaq Composite index close out at roughly the same level as yesterday's finish.
Arista Networks Inc is an industry leader in client-to-cloud networking for large data centers, school campuses, and routing environments. Arista Networks has many competitive advantages against their competitors, and ANET's profit margins are great. Large capital expenditures from Amazon, Meta, Microsoft, and Google will benefit their growth path.
Arista Networks (ANET) reachead $120.23 at the closing of the latest trading day, reflecting a +1.49% change compared to its last close.
With healthy revenue-generating potential driven by robust demand trends, ANET appears poised for solid growth momentum.
Arista Networks (ANET) reachead $112.32 at the closing of the latest trading day, reflecting a +0.74% change compared to its last close.
Shares of Arista Networks (ANET -3.24%) sank lower on Monday. The company's stock lost 3.2% by the end of the trading day, but it was down as much as 5.6% earlier in the day.
Here is how Arista Networks (ANET) and Amphenol (APH) have performed compared to their sector so far this year.
Zacks.com users have recently been watching Arista Networks (ANET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.