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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 9 | 9 | 8 |
Buy | 9 | 9 | 9 | 9 | 9 | 8 |
Hold | 2 | 2 | 2 | 2 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 19 | 19 | 19 | 20 | 21 | 19 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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.