Arista Networks: Positive Long-Term Outlook Keeps Me Bullish

Nov. 22, 2022 11:45 PM ETArista Networks, Inc. (ANET)9 Comments


  • Arista Networks recently reported a strong Q3 with revenue and operating margin coming in nicely above expectations.
  • The company also hosted an investor day where they provided long-term financial targets, including revenue growing at ~25% CAGR.
  • While valuation remains at a premium, the company's faster revenue growth and strong margin profile demand a higher valuation multiple.

Arista Networks (previously Arastra) headquarters located in Silicon Valley

Sundry Photography

Arista Networks (NYSE:ANET) reported a better-than-expected Q3, with revenue coming in around 10% above expectations and operating margin expanding nicely, despite ongoing pressure on gross margin. Q4 guidance was also stronger than expected, which was encouraging given the ongoing difficult macroeconomic


Q3 Financials

Arista Networks

Q4 Guidance

Arista Network

Financial Targets

Arista Networks


This article was written by

Individual investor with hands-on experience in the equity markets. Largely focusing on Tech companies or major mispricings in the market.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (9)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.