Arista (ANET, $232.08) Expected to Deliver Robust Networking Growth in 2019
Analysts upgraded Arista Networks Inc. from Neutral to Buy maintaining a $260 price target. From trading over $300 in August, shares of the company plunged to the sub-$200 levels at the start of 2019 -- which analysts see as a buying opportunity.
A strong Q4 performance by the company rekindled expectations of strong growth potential in 2019, as Arista maintains healthy routing and enterprises businesses.
According to analysts, webscale spending, which slowed in the second half of 2018, didn’t have much impact on networking as it did for compute and storage, as networking didn't share in the upside in webscale capex. Further, as webscale networks get more complex and less susceptible to falling memory prices, networking is likely to gain more share and importance also.
Analysts also think that with healthy cloud revenues and supporting long-term cloud spending growth, a robust ~40% 100G growth and Arista's strong 100G share of around 25% might prove pivotal for the company in 2019.
ANET sees MACD Histogram crosses below signal line
ANET saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 19, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 51 instances where the indicator turned negative. In of the 51 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ANET moved out of overbought territory on August 13, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on August 19, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ANET as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ANET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ANET broke above its upper Bollinger Band on August 03, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
ANET moved above its 50-day moving average on July 30, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ANET advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 300 cases where ANET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. ANET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (16.077) is normal, around the industry mean (8.802). P/E Ratio (59.699) is within average values for comparable stocks, (228.643). Projected Growth (PEG Ratio) (1.783) is also within normal values, averaging (4.636). ANET has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.016). P/S Ratio (22.831) is also within normal values, averaging (89.582).
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General Information
a provider of cloud networking solutions
Industry ComputerProcessingHardware
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