Form 10-Q Arista Networks, Inc. For: Sep 30
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Arista Networks (ANET) PT Raised to $160 at Rosenblatt
November 1, 2022 7:20 AM EDTRosenblatt analyst Mike Genovese raised the price target on Arista Networks (NYSE: ANET) to $160.00 (from $155.00) while maintaining a Buy rating.
The analyst commented, "Arista posted strong 3Q22 results with good 4Q22 guidance. Revenues of $1.18bn, up 57% y/y and 12% q/q, came in $126mn or 12% above our estimate. Half the upside was driven by better product shipments and half was driven by a reduction in deferred revenues as customer acceptance criteria on new products shipped in prior quarters were met. The 4Q22 revenue guidance of $1.175bn-$1.20bn does not include deferred revenue... More
