Arista Networks Analysts Evaluate 25% Q4 Growth Against Lower-Than-Expected Annual Guidance

Core Insights - Arista Networks Inc reported strong fourth-quarter results, with sales of $1.93 billion, a 25% year-on-year increase, surpassing Street expectations by 1.5% [2] - Despite positive earnings, shares of Arista Networks declined by 6.05% to $104.41 [5] Analyst Ratings - Piper Sandler's analyst James Fish maintained a Neutral rating and raised the price target from $106 to $108, noting that product billings decelerated to 20% [2] - Needham's analyst Ryan Koontz reaffirmed a Buy rating with a price target of $145, highlighting strong performance and operating margins above 46% for six consecutive quarters [4] Revenue Breakdown - Cloud & AI Titans accounted for 48% of full-year revenues, with the Cloud Titan segment, including Oracle Corp, growing by 33% year-on-year [3][4] - Management raised full-year revenue growth guidance to 17%, which is below the consensus estimate of 19.4% [5]