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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 $167.96, down 0.58% from the previous day, and has increased 20.5% in one year. It has overperformed other stocks in the Computer Hardware industry by 0.39 percentage points. Arista Networks stock is currently +88.48% from its 52-week low of $89.12, and -2.03% from its 52-week high of $171.44.

As of Mar 27, 2023, there are 306.4M ANET shares outstanding. The market value of ANET is $51.46B. In the past 24 hours, 1.94M ANET shares were traded.

How to Buy Arista Networks Stock

Wondering how to invest in Arista Networks stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Click here to get started.
  2. Provide your personal data to start your new trading account.
  1. Send your info by pressing the "Create Account" button.
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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.

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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 Price
$167.96
1w %
2.29%
1y %
20.5%
5y %
164.82%
P/E
38.09x
P/B
10.53x
P/S
11.75x
PEG
2.11x
Revenue
$4.38B
Earnings
$1.35B
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$51.46B
Next Earnings
May 1, 2023
Next Dividend
N/A

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 38.09x, relative to Computer Hardware industry P/E ratio of 26.71x
  • ANET may be overvalued based on its P/B ratio of 10.53x, relative to Computer Hardware industry P/B ratio of 7.59x
  • ANET may be overvalued based on its PEG ratio of 2.11x

You can do more valuation analysis on ANET's stock here.

ANET Financial Health Overview

Positive Health Checks:

  • ANET's operating cash flow of $492.81M allows it to safely service it's debt of $43.96M.
  • ANET has a low debt to equity ratio of 0.39.
  • ANET earnings of $1.58B is not enough to cover its interest payments.
  • Total ANET debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the ANET balance sheet.
  • ANET profit margin has gone up from 28.5% to 30.9% in the past year.
  • There are more short-term assets than short-term liabilities on the ANET balance sheet.

Do analysts think it's a good time to buy Arista Networks stock

Out of 12 Wall Street analysts who give ratings on ANET, the consensus analyst rating on ANET is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

Latest ANET Analyst Ratings

Aaron Rakers, a top 1% analyst from Wells Fargo maintains ANET with a strong buy rating and raises their ANET price target from $170.00 to $200.00, on Mar 22, 2023.

Maintaining his Strong Buy rating, Rakers raised his price target on Arista Networks Inc. by 17.7% following the company's introduction of a WAN Routing System on 2023/03/21.

The analyst said he made the move to reflect Arista's positioning for AI network build-outs and the announcement highlighting the company's focus on TAM* expansion.

Arista revealed its new WAN Routing System, which combines enterprise routing, carrier/cloud internet transit capabilities, and CloudVision Pathfinder Service, Rakers reported.

This event reflects "Arista's focus on extending the use of its single-instance EOS (operating system) across enterprise networking domains," he added.

* Total Addressable Market.

Meta Marshall, a top 4% analyst from Morgan Stanley maintains ANET with a hold rating and raises their ANET price target from $130.00 to $140.00, on Feb 14, 2023.

Fahad Najam, a top 21% analyst from Loop Capital maintains ANET with a strong buy rating and raises their ANET price target from $181.00 to $188.00, on Feb 14, 2023.

Paul Silverstein, a bottom 10% analyst from Cowen & Co. maintains ANET with a buy rating and raises their ANET price target from $212.00 to $225.00, on Feb 14, 2023.

Sami Badri, a top 11% analyst from Credit Suisse maintains ANET with a hold rating and raises their ANET price target from $140.00 to $146.00, on Feb 14, 2023.

You can dive deeper into what analysts are projecting on the Arista Networks stock forecast page.

ANET Technical Indicators

SMA10
163.75
SMA20
153.39
SMA50
138.98
SMA100
132.79
SMA200
122.12
MACD
8.89
MACD Signal
7.72
MACD Histogram
1.16
RSI
76.71
Stochastic %K
90.94
Stochastic %D
91.41
StochRSI %K
75.23
StochRSI %D
80.76

ANET Growth Numbers

Last year, ANET earnings were $1.35B. Over the last 5 year, ANET's earnings have grown by 24.71% per year. This was faster than the Computer Hardware industry average of 12.09%.

Last year, ANET revenue was $4.38B. In the past five year, ANET's revenue has grown by 21.63% per year. This was slower than the Computer Hardware industry average of 23.25%.

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.

Anshul Sadana, SVP Chief Operating Officer of ANET, was the latest ANET insider to sell. They sold $307,116.58 worth of ANET shares on Mar 15, 2023.

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:

Open eToro Account

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:

  1. Choose where to buy Arista Networks stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Research Arista Networks stock
  5. Make your ANET purchase
  6. Get key alerts regarding your investment in ANET

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today

If you would like to keep tabs on your new investment in Arista Networks, add ANET to your watchlist below.

NYSE: ANET
$167.96-0.98 (-0.58%)
Updated Mar 27, 2023
Open eToro Account
NYSE: ANET
$167.96-0.98 (-0.58%)
Updated Mar 27, 2023
Open eToro Account

FAQ

How much does it cost to buy one Arista Networks share?

As of Mar 27, 2023, it costs $167.96 to buy one share of Arista Networks stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.595 shares of ANET.

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Is now a good time to buy Arista Networks stock?

According to 12 Wall Street analysts who monitor Arista Networks, their consensus recommendation is to buy Arista Networks stock.

What is the best way to buy Arista Networks stock?

One way to place an order for Arista Networks stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.