Sundry Photography I recommended Arista Networks (NYSE:ANET) in May 2023, for around $160. The price has more than doubled since then but is about 6% below its all-time high of $376. The stock has been insanely successful in the past year, with a return of 95%, and in the past decade with a return of 1,779%. Is it still worth buying at 41x earnings and 16x sales? I believe so, it is easily one of the best positioned for Hyperscalers, Cloud Service Providers, and other high-performance low latency network ...

After a slew of artificial intelligence stocks decided to split their stocks, these three could be next.The past few months have seen a bunch of artificial intelligence (AI)-related technology companies announce stock splits. In fact, of the five potential AI stock splits I wrote about back in May, four have already either executed or announced imminent splits. Remember, a stock split doesn't change the intrinsic value of a stock one iota. But it can open up the stock to more retail investors and/or employe ...

Arista Networks, Inc. (ANET) was recently selected by the Alabama Fiber Network (“AFN”), a consortium of eight electric cooperatives, to provide routing and switching equipment for the robust middle-mile network project throughout underserved rural areas across the region. The $340 million investment includes the deployment of Arista's high-performance 7280SR3 platform for seamless connectivity across diverse locations.In addition to a scalable and adaptable architecture, the platform offers robust automati ...

When the stock market gets choppy, it's time to look for bargains.The stock market has been booming in 2024. Through the end of July, the S&P 500 index was up more than 15%, a stellar performance driven partly by artificial intelligence (AI) mania.It's becoming less clear that the good times will last through the end of the year. Popular AI stocks have taken big hits; a weak U.S. jobs report has fueled concerns about a potential recession; and volatility may be on the rise. The major U.S. stock indices plun ...

Last week, Wall Street witnessed one of the most eventful weeks in 2024. Markets were rattled on Aug 5, following the release of disappointing July payrolls data, reigniting fears that the economy might slip into a recession.However, stocks have recovered most of the losses since then in a dramatic rebound that has greatly fizzled fears of a recession in the near term, following the release of a fresh jobless claims report that came in better than expected.  However, the market volatility is far from over.O ...

Artificial intelligence made headlines in 2024, with stocks in the space appreciating tremendously. Amid the growing adoption of technology, many companies are shelling out billions to advance their AI capabilities. According to a recent report by CompTIA, 22% of companies aim to pursue AI integration across their products. The report also found that 33% of companies are working with some type of AI application to improve their service and product delivery. By riding this wave, investors can be sure to see ...

High-growth cloud computing stocks have been all the rage in recent years, with pure-play cloud companies posting jaw-dropping growth numbers. However, the recent selloff we’re seeing in certain tech segments, and the global pressure that’s been building for equity markets, are providing a harsh reality check for investors.Many cloud stocks are currently trading at significant discounts to fair value. Thus, despite the bearish sentiment surrounding the tech sector, I believe it’s worth selectively buying so ...

证 券 研 究 报 告 Arista（ANET）FY24Q2 业绩点评及法说会纪要 会议时间：2024.7.31 会议地点：线上 AI 集群向 10 万卡拓展，叠加传统云计算更 新周期有望为公司带来快速增长 事项： 2024 年 7 月 30 日 Arista 公司发布 2024 财年第二财季业绩报告，并召开业绩 说明会。公司财务季度 FY2024Q2 截至 2024 年 6 月 30 日，与自然季度相同。 评论： 1、总体营收情况：24Q2 公司实现营收 16.9 亿美元（同比增长 15.9%，环比增 长 7.6%），non-GAAP 毛利率为 65.4%，non-GAAP 摊薄每股收益 2.1 美元。 2、营收按区域划分：24Q2 公司美洲/欧洲、中东和非洲/亚太地区营收分别为 13.74/1.79/1.37 亿美元，在当年营收中的占比分别为 81%/11%/8%。整体来看， 公司美洲区域营收占比有所提升，亚太区域有所下滑。 3、2024Q3 公司业绩指引：公司预计 24Q3 收入约为 17.2 亿美元至 17.5 亿美 元，non-GAAP 毛利率为 63%~64%，营业利润率为 44%。传统云正在经历 ...

In the most anticipated week of the Q2 earnings season, several top-rated Zacks stocks are standing out after exceeding their quarterly top and bottom line expectations on Tuesday.Setting themselves apart from a slew of popular companies that have reported this week, let’s review the Q2 results of three of these top stocks which all sport a Zacks Rank #2 (Buy).Arista Networks (ANET) Big tech has been the highlight of this week’s earnings lineup and Arista Networks joins the conversation as Q2 EPS of $2.10 b ...

Key TakeawaysArista Networks shares finished 11% higher Wednesday after the cloud networking company reported better-than-expected earnings and lifted its full-year revenue outlook.Analysts said the company's Etherlink switch portfolio positions it to gain from the artificial intelligence boom.The company's guidance could be conservative, analysts said. Arista Networks (ANET) shares finished Wednesday up 11% after the cloud networking giant reported better-than-expected earnings and raised its outlook. The ...