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ARISTA NETWORKS, INCARISTA NETWORKS, INCARISTA NETWORKS, INC

ARISTA NETWORKS, INC

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ANET trade ideas

ANET Entry, Volume, Target, Stop Entry: with price above 329.04 Volume: with volume greater than 1.96M. The more volume the better. Target: 378.13 area. This is an area, you might consider existing early if price drops below a significant moving average such as the 10, 20, or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages. Stop: Depending on your risk tolerance; Based on an entry of 329.04, 312.71 gets you 3/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NYSE:ANETLong
by tradepatiently
2
Arista Networks Has Pulled BackArista Networks jumped to a record high last month, and now it’s pulled back. The first pattern on today’s chart is the high-volume jump on May 8 after earnings and revenue beat estimates. Notice how its closing price that day of $291.67 became apparent support on May 23 and again last week. Second, the recent lows were above the 50-day simple moving average. That may reflect a bullish trend over the intermediate term. Third is the falling trendline along the highs in late May. Will closes above this resistance draw buyers from the sidelines? Finally, stochastics have dipped to an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:ANET
by TradeStation
5/7/24 - $anet - beware, valuation vs. growth too rich5/7/24 - vrockstar - simply too expensive in this tape even for a beat. will need to smash for stock to go higher. i'll be shorting any pop/ regarless of the print. i'll save the space and not explain why it's a short/ and i'm not shorting - but i'd stay away at best and if you own it, consider trimming > 10x sales sub 2.5% fcf yield, more epensive on PE than mag 7's and 10% top line growth is a no go zone rn. look at DDOG results... good, expensive, down. i'd expect this to be down 10-15% minimally and might be interested in taking another look below $250.
NYSE:ANETShort
by VROCKSTAR
Arista Networks Faces Margin Pressure Despite Revenue Growth Arista Networks ( NYSE:ANET ), a prominent player in cloud networking solutions, recently reported its fourth-quarter earnings, surpassing profit expectations but issuing a lukewarm forecast for the upcoming quarter. Despite strong revenue growth driven by robust demand from tech giants like Microsoft and Meta Platforms, Arista's ( NYSE:ANET ) shares took a hit in after-hours trading as investors reacted unfavorably to the company's projected lower adjusted gross margin for the first quarter. Let's delve deeper into the factors behind Arista's mixed performance and what it means for investors. Arista's Quarterly Performance: In the fourth quarter of the fiscal year ending December 31st, Arista ( NYSE:ANET ) witnessed a notable uptick in revenue, with a 20.8% year-over-year increase, reaching $1.54 billion. This figure surpassed analysts' average estimates, demonstrating the company's ability to capitalize on the sustained demand for its networking solutions amid the ongoing expansion of cloud infrastructure. Additionally, Arista ( NYSE:ANET ) outperformed earnings expectations on an adjusted basis, reporting a profit of $2.08 per share compared to estimates of $1.70. Margin Pressure and Operating Costs: However, despite the revenue growth and profit beat, Arista's outlook for the first quarter fell short of market expectations, primarily due to concerns over its adjusted gross margin. The company forecasted a margin of about 62%, below analysts' consensus of 62.7%, indicating a potential squeeze on profitability. This margin pressure can be attributed to higher operating costs incurred by Arista ( NYSE:ANET ) as it focuses on expanding its operations and investing in future growth initiatives. In the fourth quarter alone, the company's operating expenses widened to $359.3 million from $299.7 million a year earlier, reflecting the challenges of balancing growth with profitability. Industry Landscape and Peer Performance: Arista's margin woes echo broader trends within the networking sector. Peer company Juniper Networks recently reported downbeat revenue, citing lower client spending on cloud computing and network security services. This highlights the competitive pressures and evolving dynamics within the industry, as companies strive to adapt to changing market conditions and customer demands. While Arista ( NYSE:ANET ) continues to benefit from strong demand from key clients like Microsoft and Meta Platforms, it faces intensified competition and margin compression as it navigates the evolving landscape. Investor Sentiment and Market Reaction: The market's reaction to Arista's earnings reflects investors' concerns over the company's margin outlook. Despite exceeding profit expectations, Arista's shares dipped around 6% in extended trading following the earnings release. Investors appear to be cautious about the company's ability to sustain its growth momentum while maintaining healthy margins, particularly in the face of rising operating costs and competitive pressures. Michael Ashley Schulman, chief investment officer at Running Point Capital, noted that while the profit beat was positive, it may not be sufficient to drive shares higher given the lower gross margin projection for the upcoming quarter. Looking Ahead: As Arista ( NYSE:ANET ) navigates the challenges of margin pressure and heightened competition, investors will closely monitor its strategic initiatives and execution capabilities. The company's ability to effectively manage operating costs, drive efficiency improvements, and capitalize on growth opportunities will be key determinants of its long-term success. Additionally, developments in the broader networking industry, including technological advancements and shifts in customer preferences, will shape Arista's trajectory moving forward. Despite near-term headwinds, Arista's ( NYSE:ANET ) strong revenue performance underscores its resilience and potential for sustained growth in the dynamic landscape of cloud networking solutions. Conclusion: Arista Networks' ( NYSE:ANET ) recent earnings report highlights the company's ability to deliver solid revenue growth and exceed profit expectations, driven by resilient demand for its networking gear. However, concerns over margin pressure and heightened operating costs have dampened investor sentiment, leading to a decline in share prices. As Arista ( NYSE:ANET ) navigates these challenges and positions itself for future growth, investors will scrutinize its ability to maintain profitability while capitalizing on opportunities in the evolving networking industry.
NYSE:ANET
by DEXWireNews
Further Long entry into or after earnings BreakoutAs we approach the all time highs on Arista Networks, technically the price has been in the range of upside since 2023, and looks gain more traction as we approach a key moment for the future of ANET. This sector, electronic tech sector should continue to gain traction so long as the markets sentiment around tech stocks, semiconductor equities continue to rise. The volume has been increasing and the sentiment around this company has been quite strong in recent months. The technical are aligning as we observe the two charts below daily to the left and weekly to the right. Price is in a clear uptrend no doubt, although of the last 6/9 days have been bullish the 3 days being bearish, the most recent long wick/shadows or big bodied candled has provided an increase runway leading into earnings. The momentum based on the moving average convergence divergence (in purple) is quite strong and there is a quite a gap between the signal line and macd line. The histograms overshadows the previous bearish bars. JUST be aware we are reaching OVERBOUGHT region in regards to price action but if buyers continue to step in and risk on continued success from ANET this could be a good opportunity to go long or you could set up put options against this analysis.
NYSE:ANETLong
by b58-nic0
ANET: Price Psychology, Fundamentals & Price ProjectionFundamentals : ANET is lacking in one important parameter in my checklist; that is, sales acceleration. Three year earnings growth rate is strong. A growing number of funds are adding this stock to there portfolios. It is not the best stock that I would like to own fundamentally, but it is a good stock to invest in. So, I will gradually add to it in smaller portions than normal until the fundamentals are no longer in favor. Note: Earnings are coming out on Monday October 26, 2023. Technicals : ANET loves weekly 61.8% pullbacks since the beginning of its uptrend in March 2020 and since its inception around 2016. A new weekly 61.8% pullback Weekly HHHL with good volume a-b-c equal legs completion + 3 bearish weeks down in an uptrend uHd developing horizonal+kijun support nearby extreme indicator on the daily chart (not shown) Price Projection : If this is the bottom or near the bottom of the retracement in ANET's price, then the stock will reach 200 to 250 by December 2023 to January 2024, according to Fibonacci time projection analysis. Final Assessment: Stock correction is an opportunity to buy on a weekly dip as weak holders get flushed. Mid-term to long-term buyers will accumulate the stock.
NYSE:ANETLong
by Rocketman
2
ANET Minor Low BuyANET is in a strong trend and is potentially pulling back to price based support levels. Prices have broken down from a bearish flag that formed after earnings. However, the price based pullbacks are supported by volume. Two levels appear to be in play. 1. $213.16 2. $210.16 I will look for prices to hit these levels and then buy on the minor low breakout. Title Minor Low Buy Trade Theme Daily Sector/Stock ANET Trend G/G Propulsion Yes Vscore Almost - needs pullback Vprofile Yes RAF Extreme Darvas No Darvas 3.0 No Entry Waiting for pullback Profit/Breakeven Waiting for pullback Stop Loss Waiting for pullback Option Option Play
NYSE:ANETLong
by TradingBandito06