Arista Networks Stock
Arista Networks Stock
Arista Networks, a leading provider of cloud networking solutions, specializes in the design, development, and sale of high-performance software and hardware products. Established in 2004, this global technology firm offers its advanced switching, routing, and security solutions to a diverse clientele, including large data center operators, internet companies, enterprises, and government agencies. With a robust product portfolio, Arista Networks focuses on engineering innovative networking platforms that support various applications, such as cloud computing, big data, and artificial intelligence, while ensuring scalability, agility, and resiliency across data center infrastructures.
Pros and Cons of Arista Networks in the next few years
Pros
Cons
Performance of Arista Networks vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Arista Networks | -4.390% | -12.586% | -9.204% | 62.980% | 12.419% | -8.585% | -15.740% |
| Equinix Inc. | -0.200% | -3.577% | -11.796% | 8.116% | -5.516% | 17.705% | 75.230% |
| T-Mobile US Inc. | 0.580% | 0.921% | 1.984% | 10.321% | 5.163% | 36.162% | 136.230% |
| Cisco Systems Inc. | 0.230% | -2.070% | -0.331% | -1.429% | -1.029% | 2.553% | -9.908% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Overall, the financials of Arista Networks, a company specializing in communications and networking, appear to be solid and show a consistent growth pattern over the years. Comparing the balance sheets, cash flow statements, and income statements from 2020 to 2022, it is evident that Arista Networks is on an upward trajectory with an increase in total assets, total revenue, and net income.
Growing Total Assets: Arista Networks' total assets increased from $4.74 billion in 2020 to $6.78 billion in 2022, signifying consistent growth in the company's net worth.
Increasing Revenue: The company's total revenue has grown steadily from $2.32 billion in 2020 to $4.38 billion in 2022, showcasing how well the company has been performing in terms of generating revenue from its operations.
Comments
News
Arista Networks to Announce Q1 2024 Financial Results on Tuesday, May 7th, 2024
Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended March 31st, 2024 after U.S. markets close on Tuesday, May 7th, 2024. The results will be included in a
Arista Introduces Universal Network Observability
Arista Networks, Inc (NYSE: ANET), an industry leader in data driven client to cloud networking, today announced a new network observability software offering merging network infrastructure
Arista Networks, Inc. Reports Fourth Quarter and Year End 2023 Financial Results
Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today announced financial results for its