FeesSafety
Pluang+

Arista's Q3 beats expectations with 58.5% revenue growth, boosting some tech ETFs but not all AI funds.

04 Nov 2026, 21:33 WIB
24/7 Wall Street
View Source
Bullish
Arista's Q3 beats expectations with 58.5% revenue growth, boosting some tech ETFs but not all AI funds.

Arista Networks reported a strong third quarter with revenue of $3.66 billion, up 58.5% year over year, and non-GAAP EPS of $1.20, beating estimates. The company benefits from growing demand for AI data center networking, expecting 38-40% revenue growth in 2027 and doubling AI fabrics revenue. While Arista's stock rose 5.7%, only certain broad tech ETFs with Arista holdings saw gains, as popular AI and NASDAQ-focused ETFs often do not include Arista. This highlights the importance of checking ETF holdings rather than relying solely on fund labels for AI exposure.

Arista Networks (ANET) shares gained 5.81% on Pluang as of Nov 05, 2026 02:41 WIB, trading at USD 179.79. The stock's market cap stands at $214.29 billion, reflecting strong investor interest. Typical hold time on Pluang is 55 days, with buyers making up 66% of order activity, indicating sustained demand.

More News (ANET)

Arista projects AI business to double to $7B by 2027, boosting revenue guidance above Wall Street estimates.

Arista projects AI business to double to $7B by 2027, boosting revenue guidance above Wall Street estimates.

Arista Networks reported strong Q3 results and forecasted its AI business to double to $7 billion by 2027, driving total revenue to about $18.5 billion, surpassing Wall Street's $16.75 billion consensus. CEO Jayshree Ullal highlighted campus networki...

Company Fundamentals
Bullish
10 hours ago
Tech stocks beyond the Magnificent Seven show comeback signs amid market shifts and risks.

Tech stocks beyond the Magnificent Seven show comeback signs amid market shifts and risks.

Jim Cramer highlighted a potential comeback in technology stocks outside the usual leaders like Nvidia and Microsoft, pointing to companies such as AMD, Arista Networks, and Oracle showing strength. Gains in Broadcom and Micron also suggest a shift t...

Market News
Bullish
1 day ago
Securitize adds 13 top U.S. stocks on Solana, enabling tokenized trading with full shareholder rights.

Securitize adds 13 top U.S. stocks on Solana, enabling tokenized trading with full shareholder rights.

Securitize Corp. expanded its Securitize Stocks platform by adding 13 leading U.S. companies, including Arista Networks, ExxonMobil, Salesforce, and Disney, to its tokenized stock offering on the Solana blockchain. These tokens are backed 1:1 by actu...

Bullish
2 days ago
AMD, Arista, and Supermicro earnings reports could reset AI infrastructure stocks after recent selloff.

AMD, Arista, and Supermicro earnings reports could reset AI infrastructure stocks after recent selloff.

AMD, Arista Networks, and Supermicro are set to report earnings after a tough month that saw their stocks fall sharply due to concerns over AI demand and memory costs. Despite strong year-to-date gains, recent declines have raised questions about the...

Company Fundamentals
Neutral
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App