Should ANET Stock Be in Your Portfolio Post Solid Q3 Earnings?
Riding on a robust earnings surprise history and favorable Zacks Rank, ANET appears primed for further stock price appreciation.
Arista Networks Rising Higher
Cloud networking company Arista Networks, Inc. (ANET) is gaining on AI networking wins, financial performance.
Arista: M&A Plus Growing Cash Pile Provide Growth Optionality
I rate Arista Networks a Buy due to its strong cash flow, premium valuation, and potential for value creation through M&A or increased buybacks. Despite lower growth guidance, ANET's management has a history of underpromising and overdelivering. The Company's premium multiple makes acquisitions highly accretive, potentially adding significant value via the valuation gap vs. the target.
Arista Networks, Inc. (ANET) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Arista Networks (ANET). This makes it worthwhile to examine what the stock has in store.
Arista Networks: Waiting For My Entry Point
Arista Networks is a market leader in ethernet networking, crucial for large-scale GPU AI training clusters, with significant growth potential in data centers. Despite strong earnings and market position, ANET's valuation is high, trading at over 40x P/E, making it a Hold for now. Analysts remain optimistic about Arista's conservative 2025 guidance, noting its impeccable track record of beating expectations and potential revenue growth from AI deployments.
2 Intriguing Tech Stocks to Buy After Q3 Earnings: ANET, FTNT
Keeping in mind that a lower inflationary environment can be very favorable for tech companies, Arista Networks (ANET) and Fortinet (FTNT) are two stocks to keep an eye on after their strong Q3 results on Thursday.
Arista's Sales of AI Data Center Networks Were Good. Investors Wanted More.
The company's September results were a solid beat, with revenue rising 20% to $1.8 billion.
Arista Beats Q3 Earnings Estimates on Solid Top-Line Growth
Innovative product launches and steady customer additions helped ANET to beat third-quarter 2024 earnings estimates.
Cloud Software Stock Slips From Record Highs After Earnings
Arista Networks Inc (NYSE:ANET) stock is down 5.8% at $405.83 at last glance, despite the company's better-than-expected third-quarter results -- including an earnings beat and record revenue -- due to shrinking margins.
Arista Networks, Inc. (ANET) Q3 2024 Earnings Call Transcript
Arista Networks, Inc. (ANET) Q3 2024 Earnings Call Transcript
Arista Networks (ANET) Beats Q3 Earnings and Revenue Estimates
Arista Networks (ANET) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $1.83 per share a year ago.
Arista Networks Stock Tumbles in Late Trading After Reporting Earnings
Arista Networks (ANET) shares tumbled in extended trading Thursday as the company reported shrinking margins, despite profits that topped Wall Street's expectations.
