Arista Networks Inc
ANET
Market Cap$92.78B
Close$
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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$242.10
22.9% downside
Current Fair Value
22.9% downsideOvervalued by 22.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $92.78 Billion |
|---|---|
| Enterprise Value | $87.33 Billion |
| Dividend Yield | $0.0 (0.0%) |
| Earnings per Share | $6.58 |
| Beta | 1.83 |
| Outstanding Shares | 313,363,097 |
| Avg 30 Day Volume | 2,941,446 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 44.45 |
|---|---|
| PEG | 96.41 |
| Price to Sales | 16.53 |
| Price to Book Ratio | 12.56 |
| Enterprise Value to Revenue | 14.36 |
| Enterprise Value to EBIT | 35.9 |
| Enterprise Value to Net Income | 38 |
| 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 ...