How to Buy Arista Networks Stock
Arista Networks Inc
Arista Networks is a computer hardware company located in California, United States, which is part of the Technology sector, and is traded under the ticker ANET on the NYSE exchange.
Arista Networks stock last closed at $116.84, down 2.82% from the previous day, and has increased 66.39% in one year. It has overperformed other stocks in the Computer Hardware industry by 0.55 percentage points. Arista Networks stock is currently +94.47% from its 52-week low of $60.08, and -12.53% from its 52-week high of $133.58.
As of Feb 11, 2025, there are 1.26B ANET shares outstanding. The market value of ANET is $147.19B. In the past 24 hours, 5.46M ANET shares were traded.
How to Buy Arista Networks Stock
Wondering how to invest in Arista Networks stock? Here's how.
- Choose where to buy Arista Networks stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Arista Networks stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your information.
- Research Arista Networks stock: The Arista Networks ticker symbol is ANET. Is Arista Networks stock a good investment? Should you buy shares of ANET? How do ANET's underlying business fundamentals look? Do top analysts think Arista Networks is a good buy? Why has ANET's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ANET is a good stock to buy).
- Make your ANET purchase: Decide if you will purchase ANET shares at the current market price or use a limit order to purchase ANET stock at a specific price.
- Get key alerts regarding your investment in ANET: Create a watchlist to track your investment in Arista Networks shares.
Step 1: Choose where to buy Arista Networks stock
You need an online brokerage account to access the NYSE market and buy ANET shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you can invest in ANET stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new trading account.
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Step 3: Deposit money your investment account
Now that you have created your account on the best stock app to use, you need to deposit funds:
Check out the video below for more details depositing money into your investment account.
Step 4: Research Arista Networks stock
Once you have selected the best place to buy Arista Networks stock, it's important to research their stock before you buy, so you can comprehend the risk as well as the opportunity.
Overview of key ANET info
ANET Overview
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ANET's stock page.
Is ANET stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge ANET's fair value.
Using relative valuations methods:
- ANET could be overvalued based on its P/E ratio of 54.93x, relative to Computer Hardware industry P/E ratio of 37.96x
- ANET may be overvalued based on its P/B ratio of 15.92x, relative to Computer Hardware industry P/B ratio of 13.05x
- ANET may be overvalued based on its PEG ratio of 28.79x
You can do more valuation analysis on ANET's stock here.
ANET Financial Health Overview
Positive Health Checks:
- ANET's operating cash flow of $3.20B allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the ANET balance sheet.
- ANET earnings of $3.07B is not enough to cover its interest payments.
- ANET profit margin has gone up from 34% to 40.3% in the past year.
- There are more short-term assets than long-term liabilities on the ANET balance sheet.
- ANET has a low debt to equity ratio of 0.39.
Negative Health Checks:
- Total ANET debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Arista Networks stock
Out of 9 Wall Street analysts who give ratings on ANET, the consensus analyst rating on ANET is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest ANET Analyst Ratings
David Vogt, a top 24% analyst from UBS maintains ANET with a hold rating and raises their ANET price target from $92.25 to $106.25, on Nov 8, 2024.
James Fish, a top 12% analyst from Piper Sandler reiterates ANET with a hold rating and raises their ANET price target from $86.25 to $105.25, on Nov 8, 2024.
Aaron Rakers, a top 1% analyst from Wells Fargo maintains ANET with a strong buy rating and raises their ANET price target from $97.50 to $115.00, on Oct 30, 2024.
Atif Malik, a top 1% analyst from Citigroup maintains ANET with a strong buy rating and raises their ANET price target from $96.25 to $115.00, on Oct 8, 2024.
Citigroup's Atif Malik raised their price target on Arista Networks (NYSE: ANET) by 19.5% from $385 to $460 on 2024/10/08. The analyst maintained their Strong Buy rating on the stock.
Arista Networks is expected to release its Q3 2024 earnings report on 2024/10/28.
Ahead of the print, Malik told readers that Citigroup hiked its FY 2024 growth estimates for "Big Four" cloud data center operators' Capex from 40% to 50% Y/Y on "the strength of 1H 20024 data center spending and positive company commentary and guidance."
The analyst detailed that their firm expects data center Capex for the big cloud providers to grow by 40% in 2025 because of continued AI demand and ongoing investment in data center infrastructure buildouts.
Malik said they raised their Arista estimates (and therefore their price target) to align with Citigroup's revised cloud Capex outlook.
Arista and Ciena are their firm's top networking equipment picks, the analyst added.
Footnotes
From here, the Big Four are Amazon Web Services (AWS), Microsoft Azure, Alibaba Group and Google Cloud Platform.
You can dive deeper into what analysts are projecting on the Arista Networks stock forecast page.
ANET Technical Indicators
ANET Growth Numbers
Last year, ANET earnings were $2.66B. Over the last 5 year, ANET's earnings have grown by 27.47% per year. This was faster than the Computer Hardware industry average of 17.88%.
Last year, ANET revenue was $6.61B. In the past five year, ANET's revenue has grown by 21.93% per year. This was faster than the Computer Hardware industry average of 19.95%.
You can research ANET's earnings and revenue performance here.
Who is buying/selling ANET?
Over the past 12 months, executives and large shareholders at ANET have sold more shares than they have bought.
Kenneth Duda, CTO and SVP Software Eng. of ANET, was the latest ANET insider to buy. They bought $322,320.00 worth of ANET shares on Feb 6, 2025.
Dig into more about who owns ANET stock here.
Does ANET stock generate passive income?
No, Arista Networks doesn't provide an income stream by paying out dividends.
ANET Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your ANET purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open button and your broker will execute your order.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in ANET
Now that you own some shares in ANET, you'll want to keep up with your company.
Make a watchlist to get the latest updates about your ANET stock.
ANET Feed
How to Buy Stock in Arista Networks
To reiterate, here are the 6 steps for buying Arista Networks stock:
- Choose where to buy Arista Networks stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Arista Networks stock
- Make your ANET purchase
- Get key alerts regarding your investment in ANET
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Arista Networks, add ANET to your watchlist below.
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