Time to Buy Arista Networks (ANET) Stock After 4-1 Split? [Yahoo! Finance]
Arista Networks, Inc. (ANET)
Last arista networks, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.arista.com/home/default.aspx
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Source: Yahoo! Finance
Like Nvidia NVDA , Arista has seen its stock more than double since 2023, leading to a stock split. Implementing a 4-1 stock split on Tuesday, let's see if now is still a good time to buy Arista's stock with the company aiming to make shares more accessible to a broader base of investors. Image Source: Zacks Investment Research Arista's strong financial performance and market leadership have been the primary catalyst for its stellar stock performance. This has been enhanced by Arista's focus on artificial intelligence (AI) infrastructure, becoming a leader in high-speed networking which is critical for AI-driven data centers. Notably, Arista has collaborated with Nvidia to create AI Data Centers that align compute and network domains to a single managed AI entity. Arista also has strategic partnerships with Meta Platforms META and Microsoft MSFT in regards to building out AI infrastructure. Remarkably, Arista has still surpassed the Zacks EPS Consensus in every quarter since
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ANET
Earnings
- 11/7/24 - Beat
ANET
Sec Filings
- 12/13/24 - Form 4
- 12/11/24 - Form 4
- 12/10/24 - Form 4
- ANET's page on the SEC website