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Arista Networks (ANET)

(Delayed Data from NYSE)

$320.55 USD

320.55
2,821,432

+1.34 (0.42%)

Updated Jul 29, 2024 04:00 PM ET

Pre-Market: $321.30 +0.75 (0.23%) 8:26 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value B Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 27% (67 out of 251)

Industry: Communication - Components

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Balance Sheet

Research for ANET

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Arista Networks, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 5,008 3,024 3,408 2,873 2,724
Receivables 1,025 923 517 390 392
Notes Receivable NA 0 0 0 0
Inventories 1,945 1,290 650 480 244
Other Current Assets 413 314 238 95 111
Total Current Assets 8,390 5,551 4,813 3,837 3,472
Net Property & Equipment 102 95 79 32 39
Investments & Advances NA 39 20 8 4
Other Non-Current Assets NA 0 0 0 0
Deferred Charges 946 575 442 442 452
Intangibles 357 388 282 312 100
Deposits & Other Assets 152 74 33 30 30
Total Assets 9,947 6,775 5,734 4,739 4,185
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 0 0 0 0
Accounts Payable 435 233 203 134 92
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 407 292 227 143 140
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities 1,067 768 681 491 365
Total Current Liabilities 1,910 1,294 1,110 768 597
Mortgages NA 0 0 0 0
Deferred Taxes/Income 687 494 535 536 573
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 131 58 55 42 38
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 2,728 1,890 1,756 1,419 1,291
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 2,108 1,781 1,530 1,292 1,106
Retained Earnings 5,114 3,139 2,457 2,028 1,788
Other Equity -3 -34 -8 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity 7,219 4,886 3,979 3,320 2,895
Total Liabilities & Shareholder's Equity 9,947 6,775 5,734 4,739 4,185
Total Common Equity 107,218 4,886 3,979 3,320 2,895
Shares Outstanding 311.10 305.50 307.20 302.60 305.60
Book Value Per Share 344.64 15.99 12.95 10.97 9.47

Fiscal Year End for Arista Networks, Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 5,450 5,008 4,456 3,741
Receivables NA 1,090 1,025 833 780
Notes Receivable NA 0 NA 0 0
Inventories NA 2,025 1,945 1,894 1,864
Other Current Assets NA 361 413 472 466
Total Current Assets NA 8,926 8,390 7,655 6,852
Net Property & Equipment NA 98 102 103 102
Investments & Advances NA 0 NA 62 62
Other Non-Current Assets NA 0 NA 0 0
Deferred Charges NA 1,026 946 793 706
Intangibles NA 351 357 364 372
Deposits & Other Assets NA 149 152 33 32
Total Assets NA 10,550 9,947 9,069 8,186
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 NA 0 0
Accounts Payable NA 223 435 269 352
Current Portion Long-Term Debt NA 0 NA 0 0
Current Portion Capital Leases NA 0 NA 0 0
Accrued Expenses NA 271 407 410 363
Income Taxes Payable NA 0 NA 0 0
Other Current Liabilities NA 1,289 1,067 1,168 941
Total Current Liabilities NA 1,783 1,910 1,847 1,656
Mortgages NA 0 NA 0 0
Deferred Taxes/Income NA 773 687 601 559
Convertible Debt NA 0 NA 0 0
Long-Term Debt NA 0 NA 0 0
Non-Current Capital Leases NA 0 NA 0 0
Other Non-Current Liabilities NA 131 68 62
Minority Interest (Liabilities) NA 0 NA 0 0
Total Liabilities NA 2,688 2,728 2,563 2,328
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 NA 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,185 2,108 2,028 1,928
Retained Earnings NA 5,689 5,114 4,500 3,955
Other Equity NA -12 -3 -23 -25
Treasury Stock NA 0 NA 0 0
Total Shareholder's Equity NA 7,862 7,219 6,506 5,858
Total Liabilities & Shareholder's Equity NA 10,550 9,947 9,069 8,186
Total Common Equity 0 7,862 107,218 6,506 5,858
Shares Outstanding 313.30 313.60 311.10 309.50 309.50
Book Value Per Share 0.00 25.07 344.64 21.02 18.93