Arista Networks Gains 2.93% on AI-Driven Momentum as $1.2B Volume Ranks 82nd in U.S. Equities

Arista Networks (ANET) closed July 30 with a 2.93% gain, trading at $117.55 with a daily volume of $1.20 billion, ranking 82nd among U.S. equities. The stock’s recent momentum reflects sustained analyst optimism driven by its AI-focused data center innovations and consistent revenue expansion.

Analysts highlight Arista’s strong earnings trajectory, with Q2 sales expected to rise 25% year-over-year to $2.11 billion and EPS projected at $0.65, marking a 25% increase. The company has exceeded sales estimates for 22 consecutive quarters and surpassed Zacks EPS consensus in every quarter since 2014. Over the last four quarters, its average revenue and earnings surprises stood at 2.61% and 11.82%, respectively.

Post-pandemic demand from major cloud providers such as Microsoft and Alphabet has fueled Arista’s top-line growth, with revenue expanding over 200% since 2020. Fiscal 2025 revenue is forecast to grow 19%, with further 17% expansion anticipated in 2026 to reach $9.76 billion. Earnings per share are projected to rise 13% in FY25 and 15% in FY26, driven by consistent upward revisions to estimates over the past 90 days.

Historical performance of a strategy purchasing top 500 volume stocks and holding for one day returned 166.71% from 2022 to present, outpacing the benchmark’s 29.18% by 137.53%. This underscores the potential of high-liquidity stocks like ANET to capitalize on market sentiment and trading activity.