Arista Networks Inc (ANET)
NYSE: ANET · Real-Time Price · USD
119.95
+1.82 (1.54%)
Jan 17, 2025, 4:00 PM EST - Market closed

Arista Networks Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Arista Networks stock have an average target of 102.49, with a low estimate of 76.5 and a high estimate of 135. The average target predicts a decrease of -14.56% from the current stock price of 119.95.

Analyst Consensus: Buy
Target Low Average Median High
Price $76.5 $102.49 $105.25 $135
Change -36.22% -14.56% -12.26% +12.55%

Analyst Ratings

The average analyst rating for ANET stock from 19 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 988887
Buy 888888
Hold 333333
Sell 000000
Strong Sell 111111
Total 212020202019

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$120$135
Strong Buy Maintains $120$135 +12.55% Jan 17, 2025
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$110$130
Buy Maintains $110$130 +8.38% Jan 17, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$103$118
Buy Maintains $103$118 -1.63% Dec 17, 2024
Barclays
Barclays
Buy
Maintains
$495$125
Buy Maintains $495$125 +4.21% Dec 4, 2024
Rosenblatt
Rosenblatt
Strong Sell
Maintains
$66$80
Strong Sell Maintains $66$80 -33.31% Nov 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.11B
from 5.86B
Increased by 21.33%
Revenue Next Year
8.44B
from 7.11B
Increased by 18.64%
EPS This Year
2.23
from 1.65
Increased by 35.86%
EPS Next Year
2.51
from 2.23
Increased by 12.15%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.41B2.32B2.95B4.38B5.86B7.11B8.44B9.89B
Revenue Growth
12.05%-3.87%27.21%48.62%33.75%21.33%18.64%17.27%
EPS
0.660.500.661.071.652.232.512.92
EPS Growth
161.97%-24.72%31.50%62.36%54.10%35.86%12.15%16.57%
Forward PE
-----53.6747.8641.05
No. Analysts -----272724
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 7.4B 9.4B 11.0B
Avg 7.1B 8.4B 9.9B
Low 6.8B 7.9B 9.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
26.5%
32.0%
30.3%
Avg
21.3%
18.6%
17.3%
Low
16.0%
10.9%
6.5%

EPS Forecast

EPS 20242025202620272028
High 2.35 2.93 3.42
Avg 2.23 2.51 2.92
Low 2.09 2.25 2.47

EPS Growth

EPS Growth 20242025202620272028
High
43.1%
31.3%
36.4%
Avg
35.9%
12.1%
16.6%
Low
27.3%
0.7%
-1.6%
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.