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Arista Networks (ANET) Declines More Than Market: Some Information for Investors
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In the latest trading session, Arista Networks (ANET - Free Report) closed at $184.22, marking a -1.34% move from the previous day. This move lagged the S&P 500's daily loss of 0.31%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.38%.
Prior to today's trading, shares of the cloud networking company had lost 8.29% lagged the Computer and Technology sector's loss of 3.14% and the S&P 500's gain of 0.87%.
The upcoming earnings release of Arista Networks will be of great interest to investors. The company's earnings report is expected on November 3, 2026. The company's earnings per share (EPS) are projected to be $1.08, reflecting a 44% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.31 billion, indicating a 43.51% increase compared to the same quarter of the previous year.
ANET's full-year Zacks Consensus Estimates are calling for earnings of $4.12 per share and revenue of $12.64 billion. These results would represent year-over-year changes of +38.26% and +40.3%, respectively.
Investors should also pay attention to any latest changes in analyst estimates 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.02% rise in the Zacks Consensus EPS estimate. Currently, Arista Networks is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Arista Networks is currently trading at a Forward P/E ratio of 45.37. This expresses a premium compared to the average Forward P/E of 20.67 of its industry.
One should further note that ANET currently holds a PEG ratio of 1.99. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 1.21 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Arista Networks (ANET) Declines More Than Market: Some Information for Investors
In the latest trading session, Arista Networks (ANET - Free Report) closed at $184.22, marking a -1.34% move from the previous day. This move lagged the S&P 500's daily loss of 0.31%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.38%.
Prior to today's trading, shares of the cloud networking company had lost 8.29% lagged the Computer and Technology sector's loss of 3.14% and the S&P 500's gain of 0.87%.
The upcoming earnings release of Arista Networks will be of great interest to investors. The company's earnings report is expected on November 3, 2026. The company's earnings per share (EPS) are projected to be $1.08, reflecting a 44% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.31 billion, indicating a 43.51% increase compared to the same quarter of the previous year.
ANET's full-year Zacks Consensus Estimates are calling for earnings of $4.12 per share and revenue of $12.64 billion. These results would represent year-over-year changes of +38.26% and +40.3%, respectively.
Investors should also pay attention to any latest changes in analyst estimates 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.02% rise in the Zacks Consensus EPS estimate. Currently, Arista Networks is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Arista Networks is currently trading at a Forward P/E ratio of 45.37. This expresses a premium compared to the average Forward P/E of 20.67 of its industry.
One should further note that ANET currently holds a PEG ratio of 1.99. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 1.21 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.