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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. 
  • Five stocks to consider instead of Arista Networks.
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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.

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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)
4.8913 of 5 stars		$77.33-0.2%N/A34.81Moderate Buy$114.00
Alphabet (GOOGL)
4.6005 of 5 stars		$155.78+0.7%0.51%19.35Moderate Buy$209.49
Apple (AAPL)
4.6755 of 5 stars		$221.76-0.2%0.45%35.19Moderate Buy$245.52
Cisco Systems (CSCO)
4.698 of 5 stars		$61.37-0.6%2.67%26.80Moderate Buy$66.63
Extreme Networks (EXTR)
4.18 of 5 stars		$13.13-0.8%N/A-13.94Moderate Buy$20.30
Juniper Networks (JNPR)
4.3731 of 5 stars		$36.07-0.3%2.44%41.97Hold$39.80
Microsoft (MSFT)
4.9379 of 5 stars		$378.63+0.9%0.88%30.48Moderate Buy$508.86
NVIDIA (NVDA)
4.8836 of 5 stars		$107.63-0.7%0.04%42.33Moderate Buy$171.51
Technology Select Sector SPDR Fund (XLK)N/A$205.47-0.5%0.74%33.95Moderate Buy$207.14
Meta Platforms (META)
4.0267 of 5 stars		$580.13+0.7%0.36%24.24Moderate Buy$718.55
Compare These Stocks  Add These Stocks to My Watchlist 

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