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Arista Networks (ANET) Outperforms Broader Market: What You Need to Know
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Arista Networks (ANET - Free Report) closed the most recent trading day at $154.37, moving +1.55% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.66%, and the technology-centric Nasdaq increased by 1.96%.
Shares of the cloud networking company have appreciated by 12.32% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.37%, and the S&P 500's gain of 3.93%.
The upcoming earnings release of Arista Networks will be of great interest to investors. The company's earnings report is expected on May 5, 2026. In that report, analysts expect Arista Networks to post earnings of $0.81 per share. This would mark year-over-year growth of 24.62%. Meanwhile, our latest consensus estimate is calling for revenue of $2.61 billion, up 30.13% from the prior-year quarter.
ANET's full-year Zacks Consensus Estimates are calling for earnings of $3.53 per share and revenue of $11.26 billion. These results would represent year-over-year changes of +18.46% and +25.04%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Arista Networks. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.29% higher. Arista Networks presently features a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Arista Networks is presently being traded at a Forward P/E ratio of 43.09. This valuation marks a premium compared to its industry average Forward P/E of 18.17.
One should further note that ANET currently holds a PEG ratio of 2.4. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Internet - Software stocks are, on average, holding a PEG ratio of 1.01 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Arista Networks (ANET) Outperforms Broader Market: What You Need to Know
Arista Networks (ANET - Free Report) closed the most recent trading day at $154.37, moving +1.55% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.66%, and the technology-centric Nasdaq increased by 1.96%.
Shares of the cloud networking company have appreciated by 12.32% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.37%, and the S&P 500's gain of 3.93%.
The upcoming earnings release of Arista Networks will be of great interest to investors. The company's earnings report is expected on May 5, 2026. In that report, analysts expect Arista Networks to post earnings of $0.81 per share. This would mark year-over-year growth of 24.62%. Meanwhile, our latest consensus estimate is calling for revenue of $2.61 billion, up 30.13% from the prior-year quarter.
ANET's full-year Zacks Consensus Estimates are calling for earnings of $3.53 per share and revenue of $11.26 billion. These results would represent year-over-year changes of +18.46% and +25.04%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Arista Networks. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.29% higher. Arista Networks presently features a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Arista Networks is presently being traded at a Forward P/E ratio of 43.09. This valuation marks a premium compared to its industry average Forward P/E of 18.17.
One should further note that ANET currently holds a PEG ratio of 2.4. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Internet - Software stocks are, on average, holding a PEG ratio of 1.01 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.