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Why Is Arista Networks (ANET) Up 9.8% Since Last Earnings Report?

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It has been about a month since the last earnings report for Arista Networks (ANET - Free Report) . Shares have added about 9.8% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Arista Networks due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended upward during the past month.

The consensus estimate has shifted 11.56% due to these changes.

VGM Scores

At this time, Arista Networks has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Arista Networks has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry Player

Arista Networks is part of the Zacks Internet - Software industry. Over the past month, Snap (SNAP - Free Report) , a stock from the same industry, has gained 3.9%. The company reported its results for the quarter ended March 2025 more than a month ago.

Snap reported revenues of $1.36 billion in the last reported quarter, representing a year-over-year change of +14.1%. EPS of $0.04 for the same period compares with $0.03 a year ago.

For the current quarter, Snap is expected to post break-even earnings per share, indicating a change of -100% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.4% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Snap. Also, the stock has a VGM Score of C.


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