Arista Networks, Inc. (ANET)
NYSE: ANET · IEX Real-Time Price · USD
289.98
+1.57 (0.54%)
At close: Mar 28, 2024, 4:00 PM
289.79
-0.19 (-0.07%)
After-hours: Mar 28, 2024, 7:59 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 274.28, with a low estimate of 151 and a high estimate of 356. The average target predicts a decrease of -5.41% from the current stock price of 289.98.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $151 $274.28 $300 $356
Change -47.93% -5.41% +3.46% +22.77%

Analyst Ratings

The average analyst rating for ANET stock from 19 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 888998
Buy 999998
Hold 222233
Sell 000000
Strong Sell 000000
Total 191919202119

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$300
Buy Maintains $300 +3.46% Mar 27, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$313$356
Strong Buy Maintains $313$356 +22.77% Mar 22, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$230$330
Strong Buy Maintains $230$330 +13.80% Feb 13, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$274$313
Strong Buy Maintains $274$313 +7.94% Feb 13, 2024
Oppenheimer
Oppenheimer
Hold
Maintains
n/a
Hold Maintains n/a n/a Feb 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.73B
from 5.86B
Increased by 14.88%
Revenue Next Year
7.74B
from 6.73B
Increased by 14.90%
EPS This Year
7.64
from 6.58
Increased by 16.10%
EPS Next Year
8.73
from 7.64
Increased by 14.32%
Year 201920202021202220232024202520262027
Revenue
2.41B2.32B2.95B4.38B5.86B6.73B7.74B8.79B8.86B
Revenue Growth
12.05%-3.87%27.21%48.62%33.75%14.88%14.90%13.60%0.82%
EPS
2.662.002.634.276.587.648.739.929.93
EPS Growth
162.07%-24.81%31.50%62.36%54.10%16.10%14.32%13.61%0.13%
No. Analysts -----2828134
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 7.3B 8.6B 9.8B 9.6B
Avg 6.7B 7.7B 8.8B 8.9B
Low 6.4B 7.0B 7.9B 8.1B

Revenue Growth

Revenue Growth 2024202520262027
High
24.5%
27.6%
27.2%
9.3%
Avg
14.9%
14.9%
13.6%
0.8%
Low
8.8%
4.3%
2.1%
-8.3%

EPS Forecast

EPS 2024202520262027
High 8.84 10.14 11.40 10.71
Avg 7.64 8.73 9.92 9.93
Low 7.08 7.70 8.39 9.09

EPS Growth

EPS Growth 2024202520262027
High
34.4%
32.8%
30.6%
7.9%
Avg
16.1%
14.3%
13.6%
0.1%
Low
7.5%
0.8%
-3.9%
-8.3%
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.