Arista Networks, Inc. Reports First Quarter 2022 Financial Results

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Go back to Arista Networks, Inc. Reports First Quarter 2022 Financial Results

Arista Networks (ANET) PT Raised to $177 at Loop Capital, Remains Top Pick, 'The Juggernaut Continues to Tighten'

May 3, 2022 6:53 AM EDT

Loop Capital analyst Fahad Najem raised the price target on Arista Networks (NYSE: ANET) to $177.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "The Beat Goes On. Another Solid Beat, and Another Outstanding Raise. 1Q22 operating results, 2Q22 and FY22 long-term... More

Arista Networks (ANET) Tops Q1 EPS by 3c, Q2 Guidance Tops Conensus

May 2, 2022 4:10 PM EDT

Arista Networks (NYSE: ANET) reported Q1 EPS of $0.84, $0.03 better than the analyst estimate of $0.81. Revenue for the quarter came in at $877.1 million versus the consensus estimate of $853.33 million.

GUIDANCE:

Arista Networks sees Q2 2022 revenue of $950-1000 million, versus the consensus of $917... More