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AI-Infused Earnings Propel Arista Networks to Sector Leadership

Kate Stalter
Written by Kate Stalter
October 25, 2023

Key Points

  • Arista Networks is trading above its 50-day moving averages, defying other tech giants' trends.
  • The stock is forming a cup-with-handle base with a buy point north of $198.46.
  • Analysts expect the company to report strong earnings and revenue growth on October 30. 
  • Interested in Arista Networks? Here are five stocks we like better.

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Should You Invest $1,000 in Arista Networks Right Now?

Before you consider Arista Networks, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arista Networks wasn't on the list.

While Arista Networks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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Kate Stalter
About The Author

Kate Stalter

Contributing Author

Retirement, Asset Allocation, and Tax Strategies

Learn More about Kate Stalter
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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Arista Networks (ANET)
4.8176 of 5 stars		$77.02+2.3%N/A34.68Moderate Buy$104.29
Alphabet (GOOGL)
4.7248 of 5 stars		$164.74+3.4%0.49%20.38Moderate Buy$199.03
Apple (AAPL)
4.8332 of 5 stars		$208.53+0.1%0.48%33.05Moderate Buy$233.88
Cisco Systems (CSCO)
4.7971 of 5 stars		$56.41+0.2%2.91%24.62Moderate Buy$64.68
Extreme Networks (EXTR)
4.1455 of 5 stars		$12.44+0.7%N/A-13.21Moderate Buy$19.50
Juniper Networks (JNPR)
4.0727 of 5 stars		$35.56+0.1%2.47%41.38Hold$39.80
Microsoft (MSFT)
4.9499 of 5 stars		$388.29+0.3%0.86%31.24Moderate Buy$493.13
NVIDIA (NVDA)
4.9267 of 5 stars		$107.90+1.4%0.04%42.41Moderate Buy$165.01
Technology Select Sector SPDR Fund (XLK)N/A$206.36+0.5%0.76%30.46Moderate Buy$206.36
Meta Platforms (META)
4.3455 of 5 stars		$544.25+2.1%0.39%22.61Moderate Buy$679.02
Compare These Stocks  Add These Stocks to My Watchlist 

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