Arista Networks (ANET) Stock Jumps 9% After Record Revenue Growth and 2027 Outlook
Photo: CoinCentral
TLDR Arista Networks (ANET) stock rose more than 9% after hours following its Q3 report. Revenue grew 58.5% to $3.66 billion, the fastest pace since the 2014 IPO. The company’s first 2027 revenue forecast is about $18.5 billion, above the $16.4 billion Wall Street expected. Arista raised its 2026 revenue outlook for the fourth time in a row, to $13.3 billion. JPMorgan lifted its price target to $270, and Rosenblatt reiterated a buy with a $280 target. Arista Networks (ANET) stock jumped more than 9% in after-hours trading on Tuesday.
Source: CoinCentral
