Date | Price Target | Rating | Analyst |
---|---|---|---|
6/27/2024 | $330.00 → $385.00 | Buy | Citigroup |
5/3/2024 | $240.00 → $320.00 | Hold → Buy | Jefferies |
4/12/2024 | $210.00 | Buy → Sell | Rosenblatt |
1/8/2024 | Hold → Buy | Melius | |
12/14/2023 | $220.00 → $300.00 | Buy | Citigroup |
10/31/2023 | $185.00 → $220.00 | Equal-Weight → Overweight | Morgan Stanley |
10/11/2023 | $190.00 | Overweight → Neutral | Piper Sandler |
8/31/2023 | $177.00 → $220.00 | Neutral → Buy | Citigroup |
4 - Arista Networks, Inc. (0001596532) (Issuer)
4 - Arista Networks, Inc. (0001596532) (Issuer)
4 - Arista Networks, Inc. (0001596532) (Issuer)
Citigroup reiterated coverage of Arista Networks with a rating of Buy and set a new price target of $385.00 from $330.00 previously
Jefferies upgraded Arista Networks from Hold to Buy and set a new price target of $320.00 from $240.00 previously
Rosenblatt downgraded Arista Networks from Buy to Sell and set a new price target of $210.00
Deep-pocketed investors have adopted a bearish approach towards Arista Networks (NYSE:ANET), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ANET usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 37 extraordinary options activities for Arista Networks. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 29% leaning bullish and 48% bearish. Among these notable o
Wells Fargo analyst Aaron Rakers maintains Arista Networks (NYSE:ANET) with a Overweight and raises the price target from $340 to $390.
Arista Networks's (NYSE:ANET) short percent of float has fallen 23.97% since its last report. The company recently reported that it has 3.36 million shares sold short, which is 1.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.2 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)
SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)
SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)
Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its second quarter ended June 30, 2024. Second Quarter Financial Highlights "On the heels of our June celebration of 10 years as a public company, I would again like to thank our customers, employees and partners for contributing to our success as we arrived at this important milestone," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "Our Q2 2024 financial results demonstrate Arista's powerful combination of growth, profitability and best of breed platforms." Revenue of $1.690 b
Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended June 30th, 2024 after U.S. markets close on Tuesday, July 30th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on July 30th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-2713 from i
USA News Group News CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 16, 2024 /PRNewswire/ -- USA News Group News Commentary – Across the globe, the artificial intelligence (AI) data center revolution is already underway and rapidly gaining momentum. Responding to the AI industry's thirst for more data centers, private equity firms are rushing to build out the necessary infrastructure, but experts warn this thirst can't be satisfied. The rising data center demand also comes with heavier demand on electricity and mined metals such as copper. However, while new data centers are being built everywhere, several developers are improving things behind the scenes to make the
Multi-domain Network-as-a-Service spans data center, campus, and wide area networks Arista Networks (NYSE:ANET), a leading provider of cloud and AI networking solutions, today announced significant new capabilities in its CloudVision® platform, enabling a modern network operating model for customers. Arista's CloudVision dramatically simplifies operations with automation, observability and zero trust security capabilities across all enterprise networking domains, from campus to data center, WAN, and cloud. This uniform approach helps enterprises save operational expenses by removing traditional network operational silos while delivering reliable and resilient networks. "Having first deplo
HyperLight Corporation, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), today announced a US$37 million Series B investment led by Summit Partners. The round includes participation from existing investors Xora Innovation, a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight's Board of Directors. The continuing need for more bandwidth and greater power efficiency, accelerated by AI, is driving the industry's transition to next-generation photonics technology. Current PICs have performance limitations due to their material properties and have become bottle
Two-day summit unites innovators, visionaries, and industry leaders for in-depth discussions on how Ethernet and AI are shaping the future of intelligent networks and applications The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today shared details of its upcoming Technology Exploration Forum (TEF 2024): Ethernet in the Age of AI. This pivotal event will explore how Ethernet is adapting to the demands of Artificial Intelligence (AI) and play host to meaningful discussions that will shape the future of both technologies. This press release features multimedia. View the full release here: https://www.businesswire.com/n
144 - Arista Networks, Inc. (0001596532) (Subject)
10-Q - Arista Networks, Inc. (0001596532) (Filer)
8-K - Arista Networks, Inc. (0001596532) (Filer)
Seasoned Finance Executive Joins With More Than Three Decades Working With Leading Multinational Companies Celestial AI™, creator of the Photonic Fabric™ optical interconnect technology platform, today announced the appointment of Kelyn Brannon as the company's new Chief Financial Officer (CFO) effective June 3, 2024. Ms. Brannon joins Celestial AI with more than 30 years of executive leadership experience in corporate finance and investor relations, having served as CFO at national and multinational companies. Additionally, she has successfully led three IPOs on both the NYSE and NASDAQ as CFO – Calix, Inc. (NYSE: CALX), Arista Networks (NASDAQ:ANET), as well as Astra Space (NASDAQ:AST
ROSWELL, Ga., May 1, 2024 /PRNewswire/ -- Dispersive, a leading provider of secure networking solutions, today announced the appointment of Rahul Kashyap, a highly respected cybersecurity industry leader, to its board of directors. Kashyap brings a wealth of experience and expertise to Dispersive, further strengthening the company's position in the rapidly evolving cybersecurity landscape. Dispersive offers a revolutionary approach to networking, enabling organizations to securely connect digital applications and services across any network infrastructure. The company's patent
Strengthened leadership reflects continued focus on innovation Arista Networks (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large data center, campus and routing environments, today announced the appointment of Chantelle Breithaupt as the company's CFO effective February 2024. Breithaupt comes to Arista with over 25 years of global financial roles. She will be joining the leadership team, having served as senior vice president and CFO of Aspen Technology (NASDAQ:AZPN). Prior to that she had executive finance roles at Cisco Systems and across four GE businesses. "I am excited to be joining Arista in this time of growth and transformation and look forwa