Arista Networks, Inc. Reports Fourth Quarter and Year End 2024 Financial Results
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Needham Reiterates Buy Rating on Arista Networks (ANET)
February 19, 2025 6:09 AM ESTNeedham analyst Alex Henderson reiterated a Buy rating and $145.00 price target on Arista Networks (NYSE: ANET).
The analyst comments "17% which was below consensus of 19.4%. 4Q results shined across the board as Op. Margin notched an impressive 6th consecutive Q above 46%. The Cloud Titan... More
Evercore ISI Reiterates Outperform Rating on Arista Networks (ANET)
February 19, 2025 5:21 AM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $130.00 price target on Arista Networks (NYSE: ANET)
The analyst comments "ALL YOU NEED TO KNOW: Arista reported upside on the Dec-qtr and provided Mar-qtr guide ahead of street expectations, but investor focus has largely been on their Meta concentration which came in at ~15% of sales (vs. 21% LY, down 15% y/y). Arista noted their CY24 Meta revenue was more driven by the CY23 capex cuts at Meta give there is... More
Arista Networks (ANET) PT Raised to $145 at Goldman Sachs
February 19, 2025 5:10 AM ESTGoldman Sachs analyst Hendi Susanto raised the price target on Arista Networks (NYSE: ANET) to $145.00 (from $135.00) while maintaining a Buy rating.
The analyst comments "ANET's 4Q24 EPS of $0.65 beat GS/consensus (FactSet) of $0.60/$0.57 with revenue of $1.93 bn beating consensus $1.90 bn and guidance $1.85-$1.90 bn. The beat was driven by strength in gross margins (64.2% v. GS/consensus... More
Arista Networks (ANET) PT Raised to $121 at Citi
February 19, 2025 5:04 AM ESTCiti analyst Atif Malik raised the price target on Arista Networks (NYSE: ANET) to $121.00 (from $115.00) while maintaining a Buy rating.
The analyst comments "ANET stock was -5% after beat and raise results + lifting the full year sales guide to 17% y/y from prior... More
Arista Networks (ANET) Tops Q4 EPS by 8c, Beats on Revenue; Offers Q1 Revenue Guidance
February 18, 2025 4:09 PM ESTArista Networks (NYSE: ANET) reported Q4 EPS of $0.65, $0.08 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.9 billion.
GUIDANCE:
Arista Networks sees Q1 2025 revenue of $1.93-1.97 billion, versus the consensus... More
