Arista Networks Inc (NYSE:ANET) shares, rose in value, with the stock price down by -0.51% to the previous day’s close as strong demand from buyers drove the stock to $71.50.
Actively observing the price movement in the recent trading, the stock is buoying the session at $71.87, falling within a range of $70.47 and $72.51. The value of beta (5-year monthly) is 1.304 whereas the PE ratio is 32.12 over 12-month period. Referring to stock’s 52-week performance, its high was $133.57, and the low was $59.43. On the whole, ANET has fluctuated by -15.30% over the past month.
With the market capitalization of Arista Networks Inc currently standing at about $90.17 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 8.34B, 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 100% 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 1.96, with the price of ANET currently trading nearly -5.74% and -18.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.38, while the 7-day volatility ratio is showing 4.81% which for the 30-day chart, stands at 6.05%. Furthermore, Arista Networks Inc (ANET)’s beta value is 1.40, and its average true range (ATR) is 4.74.
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 -0.51% in today’s session so far, and over the past year, it grew by 8.84%%.
Data on historical trading for Arista Networks Inc (NYSE:ANET) indicates that the trading volumes over the past 10 days have averaged 15.62 and over the past 3 months, they’ve averaged 12.19 million. According to company’s latest data on outstanding shares, there are 1.26 billion shares outstanding.
Nearly 17.91% of Arista Networks Inc’s shares belong to company insiders and institutional investors own 67.77% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.36 million shares as on 2025-03-31, resulting in a short ratio of 2.03. According to the data, the short interest in Arista Networks Inc (ANET) stood at 216.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 15.21 million. The stock has fallen by -35.31% 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.
