Arista Networks, Inc. with ticker code (ANET) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $300.00 and $180.00 with the average share target price sitting at $233.33. (at the time of writing). Now with the previous closing price of $251.74 this now indicates there is a potential downside of -7.3%. Also worth taking note is the 50 day moving average now sits at $224.93 and the 200 moving average now moves to $183.54. The market capitalization for the company is 78.41B. The stock price is currently at: $252.03 USD
The potential market cap would be $72,672,584,305 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 42.01, revenue per share of $18.17 and a 17.12% return on assets.
Arista Networks, Inc. is a supplier of cloud networking solutions that use software to address the needs of Internet companies, cloud service providers and enterprises. The Company cloud networking solutions consist of its Extensible Operating System (EOS), a set of network applications and its Gigabit Ethernet switching and routing platforms. Its cognitive single-tier Spline campus network extends EOS across the data center and campus wired and wireless workspace. The Company’s CloudVision is a network-wide approach for workload orchestration and automation, leverages EOS and Cognitive WiFi features, to deliver cloud networking solutions to its enterprise customers. The Company sells its products through both its direct sales force and its channel partners. Its end customers span a range of industries and include large Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies and other cloud service providers.
