Arista Networks Inc (ANET): A Bull Case Theory

We came across a bullish thesis on Arista Networks Inc (ANET) on Substack by Nikotes. In this article, we will summarize the bulls’ thesis on ANET. Arista Networks Inc (ANET)'s share was trading at $87.27 as of May 8^th. ANET’s trailing and forward P/E were 36.82 and 34.36 respectively according to Yahoo Finance.

Arista Networks (ANET) delivered a robust quarter, surpassing revenue expectations with a 27.9% YoY increase to $2.04 billion, above both their guidance and consensus estimates. This growth was primarily driven by strong performance in their product segment, which accounts...