238.95 0.00 (0.00%)
Pre-Market: 7:15AM EDT
|Bid||221.00 x 1000|
|Ask||248.00 x 1300|
|Day's Range||233.77 - 247.48|
|52 Week Range||177.92 - 313.37|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||81.11|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||296.00|
All three major stock market indexes have rallied back from early losses behind earnings from companies like Netflix and United Continental.
Mid-cap tech stocks such as ServiceNow (NOW), Arista Networks (ANET), Pure Storage (PSTG), and Splunk (SPLK) have created substantial investor wealth over the years. The estimated high growth rates of these companies should drive the stocks higher. The recent sell-off might just provide investors a good opportunity to purchase these stocks.
The latest round of tariffs targeting $200 billion worth of Chinese goods entering the US went into effect on September 24. The Trump administration imposed a tariff rate of 10% on those goods, and the rate is set to jump to 25% by the end of the year. A few weeks before the tariffs took effect, Cisco Systems (CSCO) CEO Chuck Robbins warned in an interview with CNBC that the company may deal with the tariff shock by passing on the additional costs to customers.
Arista Networks' (ANET) Any Cloud platform supports all public or hybrid cloud environments including Microsoft Azure Stack, Microsoft Azure public cloud, Amazon Web Services & Google Cloud Platform.
Microsoft Ignite 2018, Booth 213--Arista Networks (ANET) today announced that the Arista Any Cloud™ software platform is now supported in Microsoft Azure Stack. At the core of the Arista Any Cloud platform is the Arista vEOS® Router that, when combined with Arista CloudVision® software, provides consistent and secure networking operations and telemetry across multiple public and private cloud environments and is designed to simplify integration and management of hybrid clouds for enterprise customers.
Assessing Arista Networks Inc’s (NYSE:ANET) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met orRead More...
Arista Networks stock fell as Morgan Stanley downgraded the stock amid analyst debate over whether rival Cisco Systems will take share as internet customers upgrade to next-generation cloud computing technology.
As of August 20, of the 19 analysts covering Nutanix (NTNX), 14 gave the stock a “buy” rating, while three provided a “hold” recommendation. One analyst each gave the stock an “overweight” and “sell” rating.
On August 20, Nutanix’s (NTNX) market capitalization stood at $9.2 billion. The market capitalization of IT players Splunk (SPLK), NetApp (NTAP), and Arista Networks (ANET) came in at $15 billion, $21.2 billion, and $20.1 billion, respectively.
Arista's (ANET) new cloud networking security solutions will enable enterprises to reduce operational costs and alleviate threats in the evolving cloud generation.
Of the 31 analysts tracking Cisco Systems (CSCO), 21 have recommended “buys,” ten have recommended “holds,” and none have recommended “sells” on the stock. Analysts’ 12-month average price target for Cisco is $49.56, and their median estimate is $50.00. Cisco is trading at a discount of 15.0% to analysts’ median estimate.
Cisco Systems’ (CSCO) Infrastructure business segment is the company’s largest segment and accounts for ~57% of its total revenue. This segment generates revenue from verticals including NGN (next-generation network) routing, wireless, data center, and switching. Cisco’s Infrastructure segment’s revenue fell 4% YoY (year-over-year) to $7 billion in the fiscal first quarter.
Arista Networks stock jumped after revealing it will pay $400 million to Cisco Systems to resolve a long-running legal fight between the two providers of networking equipment.
As part of the settlement process, Arista Networks (ANET) has agreed to enforce "certain limited changes" to its user interface for operation that has been the bone of contention.