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Arista Networks

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ANET trade ideas

The Fundamentals Titan that is Arista NetworksNYSE:ANET is a popular tech stock with strong fundamentals while valuation methods such as PE Ratio, Price to sales, etc, might be signaling that it is overvalued, the forecast projections remain strong. Arista Networks has no debt and more then 3 Assets per Liability, With more then double the Cash to cover Liabilities also growing Equity rapidly this company. The Balance sheet is a definite strength for this company! ------------------ Balance Sheet: Cash: US$6.27b Debt: US$0 Equity: US$8.43b Total Liabilities: US$3.19b Total Assets: US$11.62b ------------------ Valuation: PE Ratio: 46.63x Forward PE Ratio: 43.7x Price To Sales: 18x Price To Books: 13.5x ------------------ Idea: ------------------ Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Arista Networks) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may pose different risks and overall be different for each investor and trader. Please do not make opinions based on this idea or any idea. Please be careful! this post is only for conversation.
NYSE:ANETLong
by BullishCanadianInvestor
2
$ANET: A CANSLIM Case StudyC - Current Earnings: NYSE:ANET 's recent earnings have been stellar, showing significant increases in EPS. If you're looking for growth, this is your green light. They're not just growing; they're thriving. A - Annual Earnings: Over the last year, we've seen Arista's earnings per share skyrocket. This isn't just a one-time spike; it's a trend. Think of it like your favorite series getting better with each season. N - New Products or Services: Arista isn't just resting on its laurels. They're innovating with AI-driven networking solutions. Imagine your home Wi-Fi, but for massive data centers, getting smarter and faster. That's NYSE:ANET 's playground. S - Supply and Demand: With data centers becoming the backbone of tech, the demand for Arista's products is through the roof. It's like being the only lemonade stand on a hot summer day in a crowded neighborhood. L - Leader or Laggard: In the world of cloud computing and data networking, NYSE:ANET isn't just playing; they're leading. They're not just in the race; they're setting the pace. I - Institutional Sponsorship: Big players are taking notice. When institutions start piling in, you know there's something special. It's like when all your friends start talking about the same new show; you know it's worth watching. M - Market Direction: Here's where it gets exciting. With tech leading the market, and cloud computing being the future, NYSE:ANET is positioned perfectly. If the market's going up, NYSE:ANET might just be leading the charge. 💡 Why NYSE:ANET for CANSLIM? Growth: They're not just growing; they're setting new standards in growth. Innovation: With AI and cloud tech, they're not just following trends; they're creating them. Market Position: In a sector that's only going to grow, NYSE:ANET 's at the forefront.
NYSE:ANETLong
by ImmaculateTony
ANET TradeNYSE:ANET Short-term Trade : Entry: Look for a bounce near the $327-$328 level, especially if the price manages to reclaim the 20-period EMA. Consider a short-term buy if the RSI starts rising and the MACD shows positive momentum. Target: $336 (next resistance at the 50-period EMA) and $340. Stop-Loss: Below $325. Medium-term Trade : Entry: Wait for a confirmed bullish crossover of the MACD and a move back above the 20-period EMA (around $330-$336). Target: $350-$360 (next key resistance), assuming the price reclaims the 20-period EMA. Stop-Loss: Below $320. Long-term Trade : Entry: Consider buying on dips, especially if the price finds support near $320 or at the 100-period EMA on the weekly chart, which is currently at $281. Target: $360-$380 within the next 6-12 weeks, assuming the price maintains the long-term uptrend. Stop-Loss: Below $300 (a break below the 200-period EMA would signal a potential trend reversal).
NYSE:ANETLong
by NM5214
ANET Gap-Post-Pivot with FIBO-N SupportThe Gap-Post-Pivot with FIBO-N support is an exclusive Ethos pattern known for its high accuracy rates and minimal stop loss requirements. If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened. This way, the journey toward the final target will proceed with reduced risk of losses and preservation of partial gains achieved so far. Let's see what happens here! Follow us to receive notifications of new trades, as well as frequent updates on ongoing trades. Lastly, if you agree with the idea or found it useful, give it a BOOST so it can reach a larger number of people!
NYSE:ANETLong
by EthosInvest
Stock Pricing Above Fundamentals Ahead of EarningsWeekly Chart: NYSE:ANET reports today after the close. The stock has a short-term topping formation that is nearly completed. The prior runs went speculative but then corrected. The top is similar to the previous peak and the depth of correction is likely to be similar. The stock has simply moved beyond fundamental levels. This is NOT likely to turn into a long-term top unless there is something substantially wrong with the company and its products. To become an intermediate-term top, it must have lower highs and lower lows. That is not in the chart at this time. Ideally, the stock needs to shift sideways to build a much stronger support level to sustain a longer-term uptrend. HFTs are in the mix and may gap the stock on earnings news.
NYSE:ANET
by MarthaStokesCMT-TechniTrader
ANET Entry, Volume, Target, Stop Entry: with price above 329.04 Volume: with volume greater than 1.96M. The more volume the better. Target: 378.13 area. This is an area, you might consider existing early if price drops below a significant moving average such as the 10, 20, or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages. Stop: Depending on your risk tolerance; Based on an entry of 329.04, 312.71 gets you 3/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NYSE:ANETLong
by tradepatiently
2
Arista Networks Has Pulled BackArista Networks jumped to a record high last month, and now it’s pulled back. The first pattern on today’s chart is the high-volume jump on May 8 after earnings and revenue beat estimates. Notice how its closing price that day of $291.67 became apparent support on May 23 and again last week. Second, the recent lows were above the 50-day simple moving average. That may reflect a bullish trend over the intermediate term. Third is the falling trendline along the highs in late May. Will closes above this resistance draw buyers from the sidelines? Finally, stochastics have dipped to an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:ANET
by TradeStation
5/7/24 - $anet - beware, valuation vs. growth too rich5/7/24 - vrockstar - simply too expensive in this tape even for a beat. will need to smash for stock to go higher. i'll be shorting any pop/ regarless of the print. i'll save the space and not explain why it's a short/ and i'm not shorting - but i'd stay away at best and if you own it, consider trimming > 10x sales sub 2.5% fcf yield, more epensive on PE than mag 7's and 10% top line growth is a no go zone rn. look at DDOG results... good, expensive, down. i'd expect this to be down 10-15% minimally and might be interested in taking another look below $250.
NYSE:ANETShort
by VROCKSTAR
Arista Networks Faces Margin Pressure Despite Revenue Growth Arista Networks ( NYSE:ANET ), a prominent player in cloud networking solutions, recently reported its fourth-quarter earnings, surpassing profit expectations but issuing a lukewarm forecast for the upcoming quarter. Despite strong revenue growth driven by robust demand from tech giants like Microsoft and Meta Platforms, Arista's ( NYSE:ANET ) shares took a hit in after-hours trading as investors reacted unfavorably to the company's projected lower adjusted gross margin for the first quarter. Let's delve deeper into the factors behind Arista's mixed performance and what it means for investors. Arista's Quarterly Performance: In the fourth quarter of the fiscal year ending December 31st, Arista ( NYSE:ANET ) witnessed a notable uptick in revenue, with a 20.8% year-over-year increase, reaching $1.54 billion. This figure surpassed analysts' average estimates, demonstrating the company's ability to capitalize on the sustained demand for its networking solutions amid the ongoing expansion of cloud infrastructure. Additionally, Arista ( NYSE:ANET ) outperformed earnings expectations on an adjusted basis, reporting a profit of $2.08 per share compared to estimates of $1.70. Margin Pressure and Operating Costs: However, despite the revenue growth and profit beat, Arista's outlook for the first quarter fell short of market expectations, primarily due to concerns over its adjusted gross margin. The company forecasted a margin of about 62%, below analysts' consensus of 62.7%, indicating a potential squeeze on profitability. This margin pressure can be attributed to higher operating costs incurred by Arista ( NYSE:ANET ) as it focuses on expanding its operations and investing in future growth initiatives. In the fourth quarter alone, the company's operating expenses widened to $359.3 million from $299.7 million a year earlier, reflecting the challenges of balancing growth with profitability. Industry Landscape and Peer Performance: Arista's margin woes echo broader trends within the networking sector. Peer company Juniper Networks recently reported downbeat revenue, citing lower client spending on cloud computing and network security services. This highlights the competitive pressures and evolving dynamics within the industry, as companies strive to adapt to changing market conditions and customer demands. While Arista ( NYSE:ANET ) continues to benefit from strong demand from key clients like Microsoft and Meta Platforms, it faces intensified competition and margin compression as it navigates the evolving landscape. Investor Sentiment and Market Reaction: The market's reaction to Arista's earnings reflects investors' concerns over the company's margin outlook. Despite exceeding profit expectations, Arista's shares dipped around 6% in extended trading following the earnings release. Investors appear to be cautious about the company's ability to sustain its growth momentum while maintaining healthy margins, particularly in the face of rising operating costs and competitive pressures. Michael Ashley Schulman, chief investment officer at Running Point Capital, noted that while the profit beat was positive, it may not be sufficient to drive shares higher given the lower gross margin projection for the upcoming quarter. Looking Ahead: As Arista ( NYSE:ANET ) navigates the challenges of margin pressure and heightened competition, investors will closely monitor its strategic initiatives and execution capabilities. The company's ability to effectively manage operating costs, drive efficiency improvements, and capitalize on growth opportunities will be key determinants of its long-term success. Additionally, developments in the broader networking industry, including technological advancements and shifts in customer preferences, will shape Arista's trajectory moving forward. Despite near-term headwinds, Arista's ( NYSE:ANET ) strong revenue performance underscores its resilience and potential for sustained growth in the dynamic landscape of cloud networking solutions. Conclusion: Arista Networks' ( NYSE:ANET ) recent earnings report highlights the company's ability to deliver solid revenue growth and exceed profit expectations, driven by resilient demand for its networking gear. However, concerns over margin pressure and heightened operating costs have dampened investor sentiment, leading to a decline in share prices. As Arista ( NYSE:ANET ) navigates these challenges and positions itself for future growth, investors will scrutinize its ability to maintain profitability while capitalizing on opportunities in the evolving networking industry.
NYSE:ANET
by DEXWireNews