Do Wall Street Analysts Like Arista Networks Stock?

With a market cap of $171.8 billion, Arista Networks, Inc. (ANET) develops and delivers data-driven networking solutions for AI, cloud, data center, campus, and routing environments, serving customers across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. It offers its Extensible Operating System (EOS), cloud and AI networking products, cognitive network software and services, and customer support solutions to industries including finance, healthcare, government, manufacturing, and media.

Shares of the Santa Clara, California-based company have exceeded the broader market over the past 52 weeks. ANET stock has soared 57.7% over this time frame, while the broader S&P 500 Index ($SPX) has increased nearly 31%. However, shares of the company have risen 4.1% on a YTD basis, lagging behind SPX's 8.3% gain.