Arista Networks, Inc. (ANET)
NYSE: ANET · Real-Time Price · USD
406.48
+1.51 (0.37%)
Nov 22, 2024, 4:00 PM EST - Market closed
Arista Networks Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Arista Networks stock have an average target of 385.67, with a low estimate of 300 and a high estimate of 495. The average target predicts a decrease of -5.12% from the current stock price of 406.48.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 8 | 8 | 8 |
| Buy | 9 | 8 | 8 | 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 | 22 | 21 | 21 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Sell Maintains $265 → $320 | Strong Sell | Maintains | $265 → $320 | -21.28% | Nov 8, 2024 |
| Barclays | Barclays | Buy Maintains $341 → $495 | Buy | Maintains | $341 → $495 | +21.78% | Nov 8, 2024 |
| UBS | UBS | Hold Maintains $369 → $425 | Hold | Maintains | $369 → $425 | +4.56% | Nov 8, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $345 → $421 | Hold | Reiterates | $345 → $421 | +3.57% | Nov 8, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $390 → $460 | Buy | Maintains | $390 → $460 | +13.17% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
6.99B
from 5.86B
Increased by 19.25%
Revenue Next Year
8.28B
from 6.99B
Increased by 18.53%
EPS This Year
8.53
from 6.58
Increased by 29.69%
EPS Next Year
9.74
from 8.53
Increased by 14.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.4B | 9.4B | 11.7B | ||
| Avg | 7.0B | 8.3B | 9.7B | ||
| Low | 6.6B | 7.5B | 8.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5% | 34.3% | 40.8% | ||
| Avg | 19.2% | 18.5% | 17.5% | ||
| Low | 12.3% | 7.0% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.38 | 11.68 | 13.86 | ||
| Avg | 8.53 | 9.74 | 11.43 | ||
| Low | 7.84 | 8.47 | 9.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 42.5% | 36.8% | 42.3% | ||
| Avg | 29.7% | 14.1% | 17.4% | ||
| Low | 19.1% | -0.8% | 0.3% |
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.