Arista Networks, Inc. (ANET)
NYSE: ANET · Real-Time Price · USD
380.26
-6.04 (-1.56%)
At close: Sep 27, 2024, 4:00 PM
380.75
+0.49 (0.13%)
After-hours: Sep 27, 2024, 5:08 PM EDT
Arista Networks Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Arista Networks stock have an average target of 357.28, with a low estimate of 265 and a high estimate of 432. The average target predicts a decrease of -6.04% from the current stock price of 380.26.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ANET stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 9 | 9 | 9 | 8 |
| Buy | 8 | 9 | 9 | 8 | 8 | 8 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 19 | 21 | 22 | 21 | 21 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $390 → $430 | Strong Buy | Maintains | $390 → $430 | +13.08% | Sep 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $400 | Buy | Maintains | $400 | +5.19% | Sep 13, 2024 |
| UBS | UBS | Hold Maintains $285 → $369 | Hold | Maintains | $285 → $369 | -2.96% | Sep 4, 2024 |
| Barclays | Barclays | Buy Maintains $320 → $341 | Buy | Maintains | $320 → $341 | -10.32% | Jul 31, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $335 → $340 | Buy | Maintains | $335 → $340 | -10.59% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
6.94B
from 5.86B
Increased by 18.46%
Revenue Next Year
8.16B
from 6.94B
Increased by 17.47%
EPS This Year
8.42
from 6.58
Increased by 28.02%
EPS Next Year
9.57
from 8.42
Increased by 13.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.4B | 9.2B | 10.9B | ||
| Avg | 6.9B | 8.2B | 9.6B | ||
| Low | 6.6B | 7.5B | 8.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.5% | 32.1% | 33.3% | ||
| Avg | 18.5% | 17.5% | 17.8% | ||
| Low | 12.3% | 7.7% | 4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.38 | 11.68 | 12.83 | ||
| Avg | 8.42 | 9.57 | 11.15 | ||
| Low | 7.84 | 8.47 | 9.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 42.5% | 38.6% | 34.0% | ||
| Avg | 28.0% | 13.7% | 16.5% | ||
| Low | 19.1% | 0.5% | 2.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.