Investors didn't show much interest in one Arista Networks way or another today. It hasn't moved too much today but is slightly down, it lost -0.80% since yesterday.
Arista Networks doesn't seem to be at a very clear reversal point in either direction. But let's also consider momentum! Arista Networks has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the Computer Hardware company has grown 62.69 percent which isn't too bad. ANET might find some support at the 121.9 level, buyers might push the price back up from here. But it's not very clear what will happen.
The balance of viewpoints by the analysts is positive. The current Analysts Sentiment Score is 89.70. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. JMP Securities gave a boost to their price target and moved to $325.00 from $215.00 on 2024-02-05. KeyCorp provided a price target boost of 23.71% to $287.00 from $232.00 on 2024-01-18. On 2024-01-08 there was an upgrade provided by Melius Research from Hold to Buy and added a price target of $300.00. Morgan Stanley gave a boost to their price target and moved to $272.00 from $230.00 on 2024-01-02. On 2023-12-14 Citigroup increased their price target by 36.36% to $300.00. On 2023-11-10 The Goldman Sachs Group increased their price target by 11.21% to $248.00. Needham & Company LLC boosted their price targ by 9.3% to $235.00 on 2023-11-10. Piper Sandler gave a boost to their price target and moved to $209.00 from $190.00 on 2023-11-10. William Blair reiterated a rating of Outperform on 2023-10-31. Rosenblatt Securities gave a boost to their price target and moved to $230.00 from $190.00 on 2023-09-14.
Company | Ratings Score
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Composite analyst sentiment score
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Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
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ANET | 89.70 | 52.06 | 0 | 127.35 | 0 |
Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
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ANET | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
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ANET | 1.17 | %0.945034 | 1.3 | 4.488 | 2940000 |
Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Computer Hardware | 69 | 0.04 | -2.61 | -5.69 | -0.13 | 12.35 | 18.16 | 42.10 | 35.15 | 21.34 | 24.46 | -14062.21 | -13112.43 | 10.51 | 7.97 | 4.15 | 22.77 |
Technology | 306 | -0.55 | -3.85 | -8.01 | -4.14 | 10.34 | 15.33 | 43.49 | 33.34 | 18.95 | 24.19 | -14888.65 | -12935.99 | 6.45 | 7.92 | 4.68 | 47.10 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
Ticker | Social Sentiment(1-10) |
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ANET |
Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIEN | Ciena Corporation | 1.28 | -2.30 | -4.01 | -13.65 | -14.89 | 3.18 | -6.89 | 20 | 26.39 | 25.80 | 29.20 | -3339.80 | -6868.33 | 0 | 0 | 1.961 |
EXTR | Extreme Networks | 1.06 | -1.71 | 2.24 | -6.09 | -34.84 | -50.56 | -32.13 | 9 | -113.89 | -92.38 | -41.79 | -68549.32 | -2249.28 | 0 | 150 | 12.4475 |
ANSS | Ansys Inc | 1.05 | -0.34 | -2.90 | -6.81 | -4.44 | 11.71 | 0.04 | 38 | 13.44 | 10.36 | 16.78 | -3608.91 | 548.94 | 0 | 0 | 1.55496 |
SNPS | Synopsys Inc | 1.03 | -1.49 | -6.72 | -13.67 | -3.84 | 7.00 | 37.21 | 35 | 10.36 | 63.07 | 97.75 | -1781.09 | -22996.28 | 0 | 0 | 1.89543 |
AVGO | Broadcom Inc. Common Stoc | 1.01 | -1.84 | -6.33 | -6.60 | 0.41 | 41.93 | 98.42 | 26 | 139.94 | 126.01 | 143.60 | -1751.29 | 180.99 | 0 | 0 | 2.43464 |
QCOM | Qualcomm Inc | 0.99 | -1.75 | -5.75 | -5.51 | 4.58 | 45.47 | 36.19 | 50 | 158.89 | 73.87 | 48.90 | -1225.00 | -23933.58 | 0 | 0 | 1.4108 |
MSFT | Microsoft Corp | 0.97 | -1.84 | -4.18 | -5.85 | 0.42 | 22.47 | 40.15 | 69 | 190.89 | 94.46 | 88.49 | 0.00 | -53726.84 | 0 | 0 | 1.32181 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.