Arista Networks Inc (NYSE:ANET) shares, rose in value, with the stock price down by -0.58% to the previous day’s close as strong demand from buyers drove the stock to $78.50.
Actively observing the price movement in the recent trading, the stock is buoying the session at $78.96, falling within a range of $78.065 and $80.23. The value of beta (5-year monthly) is 1.079 whereas the PE ratio is 35.27 over 12-month period. Referring to stock’s 52-week performance, its high was $133.57, and the low was $60.08. On the whole, ANET has fluctuated by -14.27% over the past month.
With the market capitalization of Arista Networks Inc currently standing at about $99.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.35B, with a low estimate of 1.95B and a high estimate of 2.06B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.97B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ANET’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.12, with the price of ANET currently trading nearly -5.46% and -21.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.74, while the 7-day volatility ratio is showing 3.99% which for the 30-day chart, stands at 4.48%. Furthermore, Arista Networks Inc (ANET)’s beta value is 1.29, and its average true range (ATR) is 4.05.
A comparison of Arista Networks Inc (ANET) with its peers suggests the former has fared considerably weaker in the market. ANET showed an intraday change of -0.58% in today’s session so far, and over the past year, it grew by 5.43%%.
Data on historical trading for Arista Networks Inc (NYSE:ANET) indicates that the trading volumes over the past 10 days have averaged 9.84 and over the past 3 months, they’ve averaged 10.57 million. According to company’s latest data on outstanding shares, there are 1.26 billion shares outstanding.
Nearly 17.92% of Arista Networks Inc’s shares belong to company insiders and institutional investors own 67.61% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.86 million shares as on 2025-03-14, resulting in a short ratio of 1.43. According to the data, the short interest in Arista Networks Inc (ANET) stood at 192.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 10.98 million. The stock has fallen by -28.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ANET stock heading into the next quarter.
