Stock Rating Downgrade
The Value Trend Rating for Arista Networks Inc (NYSE: ANET) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 12/20/24, Arista Networks Inc (NYSE: ANET) stock enjoyed a large increase of 3.4%, closing at $112.81. Moreover, trading volume in this advance was above average at 128% of normal. The stock has risen 5.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Arista Networks has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Arista Networks has a slightly negative Appreciation Score of 38 but a very high Power Rating of 87, with the High Neutral Value Trend Rating the result.
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