Arista Networks ANET
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Arista Networks (ANET) Business Model and Operations Summary
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.
Key Insights
Arista Networks (ANET) Core Market Data and Business Metrics
Latest Closing Price
$80.16Market Cap
$101.09 BillionPrice-Earnings Ratio
38.49Total Outstanding Shares
1.26 Billion SharesTotal Employees
4,412Dividend
No dividendIPO Date
June 6, 2014SIC Description
Computer Communications EquipmentPrimary Exchange
New York Stock ExchangeHeadquarters
5453 Great America Parkway, Santa Clara, CA, 95054
Historical Stock Splits
If you bought 1 share of ANET before November 18, 2021, you'd have 16 shares today.
| Execution Date | Split Amount |
|---|---|
| December 4, 2024 | 4-for-1 |
| November 18, 2021 | 4-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 11,940,092 Shares | 1.66 | 3/14/2025 | 19,855,530 Shares |
| 16,288,617 Shares | 1 | 2/28/2025 | 15,209,786 Shares |
| 8,324,069 Shares | 1.32 | 2/14/2025 | 10,981,301 Shares |
| 12,002,915 Shares | 1 | 1/31/2025 | 9,877,685 Shares |
| 6,260,843 Shares | 2.04 | 1/15/2025 | 12,790,406 Shares |
| 5,514,747 Shares | 2.36 | 12/31/2024 | 13,001,292 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Exchange Gains/Losses | $598,000 |
| Net Cash Flow From Operating Activities, Continuing | $3.20 Billion |
| Net Cash Flow | $1.43 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-1.48 Billion |
| Net Cash Flow From Financing Activities | $-293.10 Million |
| Net Cash Flow, Continuing | $1.43 Billion |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit | $405.80 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Other Operating Expenses | $551.48 Million |
| Research and Development | $923.18 Million |
| Income/Loss From Continuing Operations After Tax | $2.66 Billion |
| Operating Expenses | $1.47 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $2.70 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $2.70 Billion |
| Comprehensive Income/Loss | $2.70 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $32.75 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Assets | $12.85 Billion |
| Liabilities | $3.60 Billion |
| Other Non-current Assets | $1.88 Billion |
| Wages | $107.55 Million |
| Current Liabilities | $2.43 Billion |
| Inventory | $1.77 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||