Ultime notizie per Arista Networks (NYSE:ANET) Azioni

Arista Networks

Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.

Arista Networks Inc

WIIM

ANET

Arista Networks shares are trading higher in reaction to NVIDIA's recently announced strong financial results and guidance.

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Arista Networks</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 30 uncommon options trades for Arista Networks.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 33% bullish and 30%, bearish.</p>
<p>Out of all of the special options we uncovered, 9 are puts, for a total amount of $342,871, and 21 are calls, for a total amount of $1,005,778.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $260.0 to $460.0 for Arista Networks over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Arista Networks's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale trades within a strike price range from $260.0 to $460.0 in the last 30 days. </p>
<h3>Arista Networks Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1732049148_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$49.1</td>
<td>$47.5</td>
<td>$48.4</td>
<td>$380.00</td>
<td>$91.9K</td>
<td align="right">110</td>
<td align="right">21</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$15.3</td>
<td>$14.6</td>
<td>$14.7</td>
<td>$430.00</td>
<td>$80.8K</td>
<td align="right">171</td>
<td align="right">114</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$18.0</td>
<td>$17.4</td>
<td>$17.43</td>
<td>$420.00</td>
<td>$80.3K</td>
<td align="right">309</td>
<td align="right">52</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.7</td>
<td>$2.1</td>
<td>$2.45</td>
<td>$460.00</td>
<td>$73.5K</td>
<td align="right">502</td>
<td align="right">311</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$13.3</td>
<td>$12.6</td>
<td>$12.6</td>
<td>$430.00</td>
<td>$69.3K</td>
<td align="right">171</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Arista Networks</h3>
<p>Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.</p>
<p>In light of the recent options history for Arista Networks, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Arista Networks's Current Market Status</h3>
<ul>
<li>With a volume of 2,357,777, the price of ANET is up 1.84% at $377.3. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 83 days.</li>
</ul>
<h3>Professional Analyst Ratings for Arista Networks</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $424.2.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Arista Networks with a target price of $495.<br />
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on Arista Networks, maintaining a target price of $460.<br />
&#x2A; An analyst from UBS persists with their Neutral rating on Arista Networks, maintaining a target price of $425.<br />
&#x2A; An analyst from Piper Sandler has revised its rating downward to Neutral, adjusting the price target to $421.<br />
&#x2A; Maintaining their stance, an analyst from Rosenblatt continues to hold a Sell rating for Arista Networks, targeting a price of $320. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Arista Networks, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

A Closer Look at Arista Networks's Options Market Dynamics

<p>Rosenblatt  analyst Mike Genovese   maintains Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) with a Sell and raises the price target from $265 to $320.</p>


News

Price Target

Analyst Ratings

Rosenblatt Maintains Sell on Arista Networks, Raises Price Target to $320

<p>The S&amp;P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the &#8220;Trump trade&#8221; continued to fuel a strong risk-on sentiment by the end of a <a href="https://www.benzinga.com/markets">wild week in the market</a>. </p>
<p>All major U.S. indices posted modest gains in midday trading, with the Dow Jones Industrial Average leading slightly, soaring beyond the 44,000-point mark. The blue-chip index is set for its best weekly performance in over a year.</p>
<p>Friday's rise in the S&amp;P 500 was powered by the utilities and real estate sectors, which had lagged post-election. Tech stocks took a breather following Thursday's rally.</p>
<p><strong>Tesla Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) surged 7%, pushing its weekly gains beyond 27% and propelling its market cap past $1 trillion. </p>
<p>This move now places every "Magnificent Seven" tech stock in the trillion-dollar club, with the group's combined market cap topping $17 trillion.</p>
<p>Treasury yields held steady, while the dollar strengthened in response to the Federal Reserve's Thursday 25-basis-point rate <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41823887/powell-dismisses-talk-of-resignation-after-trump-victory-says-policy-is-still-res">cut to 4.5%-4.75%</a>.</p>
<p>Gold softened, eyeing its worst week since late May, as both silver and oil dropped over 2% on the day. <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) edged up 0.8%, extending its weekly gains to over 11%, marking its best week since July.</p>
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Major Indices</strong></td>
<td><strong>Price</strong></td>
<td><strong>1-day %chg</strong></td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,993.21</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,998.81</td>
<td>0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,389.50</td>
<td>0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,124.53</td>
<td>0.1%</td>
</tr>
</tbody>
</table>
<p><figcaption class="wp-element-caption"><em>Updated at 1:05 p.m. ET</em></figcaption></p></figure></p>
<p><strong>According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent110824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:</strong></p>
<ul>
<li>The&nbsp;<strong>SPDR S&amp;P 500 ETF Trust</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.4% to $598.17.</li>
<li>The&nbsp;<strong>SPDR Dow Jones Industrial Average&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.6% to $439.89.</li>
<li>The tech-heavy <strong>Invesco QQQ Trust Series</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.1% higher to $514.10.</li>
<li>The <strong>iShares Russell 2000 ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.3% to $237.08.</li>
<li>The <strong>Utilities Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, rising 1.8%. The <strong>Materials Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) lagged, down 1%.</li>
</ul>
<h3 class="wp-block-heading"><strong>Friday&#8217;s Stock Movers</strong></h3>
<p>Stocks reacting to earnings reports were: </p>
<ul>
<li><strong>NRG Energy Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>), up 0.5%, </li>
<li><strong>Ubiquiti Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>), up 21%</li>
<li><strong>Arista Networks Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NASDAQ">ANET</a>), down 7%, </li>
<li><strong>Airbnb Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), down 7.5%, </li>
<li><strong>Motorola Solutions Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSI#NYSE">MSI</a>), up 6.7%, </li>
<li><strong>EOG Resources Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>), up 5.9%, </li>
<li><strong>Fortinet Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), up over 9%, </li>
<li><strong>The Trade Desk Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), down over 4%, </li>
<li><strong>Monster Beverage Corp</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>), up by 0.5%, </li>
<li><strong>Axon Enterprise Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), up 25%, </li>
<li><strong>Block Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), down 4.4%, </li>
<li><strong>Cloudfare Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>), down 6.2%, </li>
<li><strong>Corpay Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPAY#NYSE">CPAY</a>), up 6%, </li>
<li><strong>Expedia Group Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NYSE">EXPE</a>), up over 6%, </li>
<li><strong>Toast Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>), up 13%, </li>
<li><strong>Pinterest Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), down 17%, </li>
<li><strong>DraftKings Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), up 1.7%, </li>
<li><strong>Insulet Corp. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>), up 12%, </li>
<li><strong>News Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWS#NASDAQ">NWS</a>), up 3.6%, </li>
</ul>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41848568/us-consumer-sentiment-rises-more-than-predicted-to-6-month-highs-inflation-expectations-hit-4-year-low">US Consumer Sentiment Rises More Than Predicted To 6-Month Highs, Inflation Expectations Hit 4-Year Low</a></strong></li>
</ul>
<p><em>Illustration created using artificial intelligence via Midjourney.</em></p>


Equities

Sector ETFs

Movers

ETFs

$BTC

ABNB

AXON

CPAY

SPDR Dow Jones Industrial Average ETF Trust

DKNG

EXPE

FTNT

MNST

PINS

PODD

TOST

TSLA

S&P 500 Breaks 6,000 Points, Dow Soars Above 44,000, Small Caps Eye Strongest Week In 4 Years, Tesla Hits $1 Trillion: What's Driving Markets Friday?

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Arista Networks</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 67 uncommon options trades for Arista Networks.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 40% bullish and 32%, bearish.</p>
<p>Out of all of the special options we uncovered, 20 are puts, for a total amount of $987,269, and 47 are calls, for a total amount of $3,090,628.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $280.0 to $500.0 for Arista Networks over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Arista Networks's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale trades within a strike price range from $280.0 to $500.0 in the last 30 days. </p>
<h3>Arista Networks Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1731090367_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$23.4</td>
<td>$21.3</td>
<td>$24.1</td>
<td>$390.00</td>
<td>$361.5K</td>
<td>1.3K</td>
<td align="right">826</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$25.6</td>
<td>$25.0</td>
<td>$25.0</td>
<td>$390.00</td>
<td>$250.0K</td>
<td>1.3K</td>
<td align="right">626</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$116.5</td>
<td>$112.0</td>
<td>$116.5</td>
<td>$410.00</td>
<td>$209.7K</td>
<td>8</td>
<td align="right">36</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.2</td>
<td>$13.5</td>
<td>$13.5</td>
<td>$440.00</td>
<td>$135.0K</td>
<td>223</td>
<td align="right">13</td>
</tr>
<tr>
<td>ANET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$42.5</td>
<td>$42.2</td>
<td>$42.5</td>
<td>$450.00</td>
<td>$127.5K</td>
<td>102</td>
<td align="right">60</td>
</tr>
</tbody>
</table>
</p>
<h3>About Arista Networks</h3>
<p>Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.</p>
<p>In light of the recent options history for Arista Networks, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is Arista Networks Standing Right Now?</h3>
<ul>
<li>With a volume of 4,255,635, the price of ANET is down -7.0% at $400.85. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 94 days.</li>
</ul>
<h3>Professional Analyst Ratings for Arista Networks</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $450.25.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Piper Sandler has revised its rating downward to Neutral, adjusting the price target to $421.<br />
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on Arista Networks, maintaining a target price of $460.<br />
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Arista Networks, targeting a price of $495.<br />
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Arista Networks, targeting a price of $425. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Arista Networks options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Market Whales and Their Recent Bets on ANET Options

<p>Barclays  analyst Tim Long   maintains Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) with a Overweight and raises the price target from $341 to $495.</p>


Barclays Maintains Overweight on Arista Networks, Raises Price Target to $495

<p>UBS  analyst David Vogt   maintains Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) with a Neutral and raises the price target from $369 to $425.</p>


UBS Maintains Neutral on Arista Networks, Raises Price Target to $425

<p>Piper Sandler  analyst James Fish   reiterates Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) with a Neutral and raises the price target from $345 to $421.</p>


Reiteration

Piper Sandler Reiterates Neutral on Arista Networks, Raises Price Target to $421

Arista Networks shares are trading lower. The company reported Q3 financial results.

General

CORRECTION: Arista Networks Ticker Is "ANET"

Stock Split

Arista Approved Four-For-One Forward Stock Split

<p><strong>Financial Outlook</strong></p>
<p>For the fourth quarter of 2024, we expect:</p>
<ul>
<li>Revenue between $1.85 billion to $1.90 billion</li>
<li>Non-GAAP gross margin of approximately 63% - 64%; and</li>
<li>Non-GAAP operating margin of approximately 44%.</li>
</ul>
<p>Guidance for non-GAAP financial measures excludes certain items, including stock-based compensation expense, intangible asset amortization, and potential non-recurring charges or benefits. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort because these exclusions can be uncertain or difficult to predict, including stock-based compensation expense which is impacted by the timing of employee stock transactions, the company's future hiring and retention needs and the future fair market value of the company's common stock. The actual amount of these exclusions will have a significant impact on the company's GAAP gross margin and GAAP operating margin.</p>


Guidance

Arista Networks Sees Q4 Revenue $1.85B-$1.90B Vs $1.81B Est.

<p>Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) reported quarterly earnings of $2.40 per share which beat the analyst consensus estimate of $2.08 by 15.38 percent. This is a 31.15 percent increase over earnings of $1.83 per share from the same period last year.  The company reported quarterly sales of $1.81 billion which beat the analyst consensus estimate of $1.74 billion by 4.08 percent.  This is a 20.01 percent increase over sales of $1.51 billion the same period last year.</p>


Earnings

Earnings Beats

Arista Networks Q3 Adj $2.40 Beats $2.08 Estimate, Sales $1.81B Beat $1.74B Estimate

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Arista Networks</strong>.</p>
<p>Looking at options history for Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) we detected 26 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 23% with bearish.</p>
<p>From the overall spotted trades, 5 are puts, for a total amount of $522,189 and 21, calls, for a total amount of $964,976.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $370.0 to $600.0 for Arista Networks during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Arista Networks's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale activity within a strike price range from $370.0 to $600.0 in the last 30 days. </p>
<h3>Arista Networks Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1731007897_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.2</td>
<td>$9.36</td>
<td>$370.00</td>
<td>$362.4K</td>
<td align="right">115</td>
<td align="right">392</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$88.5</td>
<td>$86.2</td>
<td>$87.3</td>
<td>$430.00</td>
<td>$87.3K</td>
<td align="right">60</td>
<td align="right">49</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$88.3</td>
<td>$84.9</td>
<td>$86.65</td>
<td>$430.00</td>
<td>$86.6K</td>
<td align="right">60</td>
<td align="right">24</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$88.4</td>
<td>$88.0</td>
<td>$88.0</td>
<td>$430.00</td>
<td>$70.4K</td>
<td align="right">60</td>
<td align="right">115</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$14.0</td>
<td>$14.0</td>
<td>$14.0</td>
<td>$440.00</td>
<td>$70.0K</td>
<td align="right">692</td>
<td align="right">51</td>
</tr>
</tbody>
</table>
</p>
<h3>About Arista Networks</h3>
<p>Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.</p>
<p>In light of the recent options history for Arista Networks, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is Arista Networks Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,293,445, with ANET's price up by 1.21%, positioned at $428.26.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 0 days.</li>
</ul>
<h3>What Analysts Are Saying About Arista Networks</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $460.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Arista Networks with a target price of $460. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Arista Networks, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Decoding Arista Networks's Options Activity: What's the Big Picture?

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Next Technology Holding Inc. - Ordinary Shares

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Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

<p>Wells Fargo  analyst Aaron Rakers   maintains Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) with a Overweight and raises the price target from $390 to $460.</p>


Wells Fargo Maintains Overweight on Arista Networks, Raises Price Target to $460

<p>Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) has outperformed the market over the past 10 years by 22.7% on an annualized basis producing an average annual return of 33.92%. Currently, Arista Networks has a market capitalization of $125.90 billion. </p>
<p><strong>Buying $1000 In ANET:</strong> If an investor had bought $1000 of ANET stock 10 years ago, it would be worth <strong>$18,706.97</strong> today based on a price of $400.75 for ANET at the time of writing.</p>
<h3>Arista Networks's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730228412_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Trading Ideas

$1000 Invested In This Stock 10 Years Ago Would Be Worth $19,000 Today

<p>Financial giants have made a conspicuous bearish move on Arista Networks. Our analysis of options history for Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) revealed 19 unusual trades.</p>
<p>Delving into the details, we found 21% of traders were bullish, while 68% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $93,490, and 16 were calls, valued at $738,260.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $200.0 to $500.0 for Arista Networks over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Arista Networks's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale trades within a strike price range from $200.0 to $500.0 in the last 30 days. </p>
<h3>Arista Networks 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729607467_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$26.6</td>
<td>$25.0</td>
<td>$25.0</td>
<td>$500.00</td>
<td>$107.5K</td>
<td style="text-align: right;">75</td>
<td style="text-align: right;">117</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$63.9</td>
<td>$62.0</td>
<td>$62.0</td>
<td>$370.00</td>
<td>$62.0K</td>
<td style="text-align: right;">91</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$24.4</td>
<td>$23.5</td>
<td>$23.5</td>
<td>$397.50</td>
<td>$58.7K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$60.0</td>
<td>$57.5</td>
<td>$57.5</td>
<td>$350.00</td>
<td>$57.5K</td>
<td style="text-align: right;">16</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$26.6</td>
<td>$24.1</td>
<td>$25.0</td>
<td>$500.00</td>
<td>$50.0K</td>
<td style="text-align: right;">75</td>
<td style="text-align: right;">186</td>
</tr>
</tbody>
</table>
</p>
<h3>About Arista Networks</h3>
<p>Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.</p>
<p>Having examined the options trading patterns of Arista Networks, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Present Market Standing of Arista Networks</h3>
<ul>
<li>Trading volume stands at 311,791, with ANET's price down by -2.01%, positioned at $397.84.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 16 days.</li>
</ul>
<h3>Professional Analyst Ratings for Arista Networks</h3>
<p>In the last month, 3 experts released ratings on this stock with an average target price of $438.3333333333333.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Arista Networks, which currently sits at a price target of $425.<br />
&#x2A; Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Arista Networks, targeting a price of $430.<br />
&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Arista Networks with a target price of $460. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Arista Networks, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Looking At Arista Networks's Recent Unusual Options Activity

<p>Financial giants have made a conspicuous bullish move on Arista Networks. Our analysis of options history for Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) revealed 21 unusual trades.</p>
<p>Delving into the details, we found 28% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $296,060, and 13 were calls, valued at $495,684.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $300.0 and $420.0 for Arista Networks, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Arista Networks's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Arista Networks's substantial trades, within a strike price spectrum from $300.0 to $420.0 over the preceding 30 days.</p>
<h3>Arista Networks Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729271742_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$94.1</td>
<td>$92.6</td>
<td>$93.47</td>
<td>$310.00</td>
<td>$65.4K</td>
<td style="text-align: right;">118</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$115.7</td>
<td>$112.1</td>
<td>$113.6</td>
<td>$300.00</td>
<td>$56.8K</td>
<td style="text-align: right;">323</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$22.0</td>
<td>$21.6</td>
<td>$21.92</td>
<td>$400.00</td>
<td>$54.8K</td>
<td style="text-align: right;">176</td>
<td style="text-align: right;">55</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$46.4</td>
<td>$46.1</td>
<td>$46.4</td>
<td>$400.00</td>
<td>$46.4K</td>
<td style="text-align: right;">121</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>ANET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$8.2</td>
<td>$4.6</td>
<td>$4.6</td>
<td>$405.00</td>
<td>$45.9K</td>
<td style="text-align: right;">44</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Arista Networks</h3>
<p>Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.</p>
<p>Following our analysis of the options activities associated with Arista Networks, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Arista Networks Standing Right Now?</h3>
<ul>
<li>With a trading volume of 612,154, the price of ANET is down by -1.35%, reaching $401.87.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 20 days from now.</li>
</ul>
<h3>Expert Opinions on Arista Networks</h3>
<p>Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $438.3333333333333.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Arista Networks, which currently sits at a price target of $460.<br />
&#x2A; An analyst from Goldman Sachs has decided to maintain their Buy rating on Arista Networks, which currently sits at a price target of $430.<br />
&#x2A; An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Arista Networks, which currently sits at a price target of $425. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Arista Networks with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Arista Networks Options Trading: A Deep Dive into Market Sentiment

Cisco keeps bullish views at Wall Street after Q1 beat despite unchanged AI outlook

Short interest in S&P 500 Technology stocks rise slightly in October

Several companies, including the likes of Tesla, Micron, and Arista Networks, all posted results that caused shares to see bullish movement post-earnings. Here is a closer look at each quarterly release.

These 3 Quarterly Reports Positively Shocked Investors: Tesla, Micron, Arista Networks

PTF: Technology Dashboard For November

High Alpha stocks that are rated 'overweight' – MS

Broadcom's Winning Formula: AI, Diversification, And Market-Beating Returns

Franklin Global Equity Fund Q3 2024 Commentary

Notable gainers among liquid option names this morning include Amentum Holdings LLC (AMTM) $24.81 +2.40, Super Micro (SMCI) $27.60 +1.80, Deere (DE...

Early notable gainers among liquid option names on November 21st

Nvidia's results seen as positive for Arista Networks, Amphenol, others: Evercore

Snowflake Q3: Sustainable Valuation And Strong Management (Rating Upgrade)

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CTVA

ENPH

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Press Releases

Celestial AI Appoints Kelyn Brannon as Chief Financial Officer

Arista Networks to Announce Q2 2024 Financial Results on Tuesday, July 30th, 2024

Arista Networks, Inc. Reports Second Quarter 2024 Financial Results

Alabama Fiber Network Selects Arista Networks for Statewide Middle-Mile Initiative

TEF 2024: Exploring Ethernet's Future in the Age of AI

HyperLight Accelerates Growth With $37M Funding Led by Summit Partners

CloudVision Delivers Modern Network Operating Model Across the Enterprise

Arista Networks to Announce Q3 2024 Financial Results on Thursday, November 7th, 2024

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