Arista Networks, Inc. (ANET) Is a Trending Stock: Facts to Know Before Betting on It

Stock Performance and Industry Comparison - Arista Networks' stock has returned +16.5% over the past month, outperforming the Zacks S&P 500 composite's +3.6% change and the Zacks Communication - Components industry's +7.5% gain [1] Earnings Estimates and Revisions - Current quarter earnings estimate is $1.71 per share, representing a +19.6$7.41, indicating a +6.8% change from the prior year, with no revision over the last 30 days [3] - Next fiscal year consensus earnings estimate is $8.35, showing a +12.7$1.54 billion, representing a +14.2% year-over-year change [5] - Current fiscal year revenue estimate is $6.54 billion, indicating a +11.6$7.42 billion, showing a +13.5% change [5] Recent Financial Performance - Last reported quarterly revenues were $1.54 billion, a +20.8$2.08, compared to $1.41 a year ago, with a +21.64% surprise [6] - The company has beaten consensus EPS and revenue estimates in each of the trailing four quarters [7] Valuation - Arista Networks is trading at a premium to its peers, as indicated by its F grade on the Zacks Value Style Score [9] - The Zacks Style Scores system evaluates traditional and unconventional valuation metrics to assess whether a stock is overvalued, rightly valued, or temporarily undervalued [9]