Arista Networks Inc
ANET
Market Cap$92.72B
Close$
Earnings Call Q4 2023
February 12, 2024 - AI Summary
Arista Networks reported strong financial results for Q4 2023, with revenues of $1.54 billion and non-GAAP earnings per share of $2.08.
The company achieved annual revenue growth of 33.8% in 2023, surpassing its initial guidance of 25% year-over-year growth.
Arista's core business, including cloud, AI, and data center products, drove approximately 65% of its revenue, with a focus on high-performance switching at 100, 200, and 400 gig ports.
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$246.85
4% downside
Current Fair Value
4% downsideOvervalued by 4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $92.72 Billion |
|---|---|
| Enterprise Value | $87.71 Billion |
| Dividend Yield | $0.0 (0.0%) |
| Earnings per Share | $6.58 |
| Beta | 1.79 |
| Outstanding Shares | 312,633,612 |
| Avg 30 Day Volume | 2,485,384 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 44.42 |
|---|---|
| PEG | 101.7 |
| Price to Sales | 14.29 |
| Price to Book Ratio | 11.18 |
| Enterprise Value to Revenue | 14.97 |
| Enterprise Value to EBIT | 38.86 |
| Enterprise Value to Net Income | 42 |
| Total Debt to Enterprise | 0 |
| Debt to Equity | 0 |
Revenue Sources
No data
ESG Score
No data
About Arista Networks Inc
2,300 employees
CEO: Jayshree Ullal Arista Networks is an industry leader in software-driven cloud networking solutions for large data center and campus environments. Arista's award-winning platforms deliver availability, agility, automation analytics and security through ...