Arista Networks (ANET)
(Delayed Data from NYSE)
$400.45 USD
-30.57 (-7.09%)
Updated Nov 8, 2024 04:00 PM ET
After-Market: $400.10 -0.35 (-0.09%) 7:58 PM ET
1-Strong Buy of 5 1
F Value B Growth F Momentum D VGM
Arista Networks (ANET) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$397.65 | $480.00 | $265.00 | -7.74% |
Price Target
Based on short-term price targets offered by 17 analysts, the average price target for Arista Networks comes to $397.65. The forecasts range from a low of $265.00 to a high of $480.00. The average price target represents a decline of 7.74% from the last closing price of $431.02.
Analyst Price Targets (17)
Broker Rating
Arista Networks currently has an average brokerage recommendation (ABR) of 1.66 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms. The current ABR compares to an ABR of 1.70 a month ago based on 22 recommendations.
Of the 19 recommendations deriving the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 68.42% and 5.26% of all recommendations. A month ago, Strong Buy made up 63.64%, while Buy represented 9.09%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 14 | 15 | 15 |
Buy | 1 | 1 | 2 | 2 | 2 |
Hold | 4 | 4 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.66 | 1.66 | 1.70 | 1.67 | 1.67 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
11/1/2024 | New Street Research | Pierre C Ferragu | Strong Buy | Strong Buy |
10/15/2024 | Wells Fargo Securities | Aaron Rakers | Strong Buy | Strong Buy |
10/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/24/2024 | Goldman Sachs | Michael Ng | Strong Buy | Strong Buy |
9/4/2024 | UBS | David Vogt | Hold | Hold |
8/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/31/2024 | Rosenblatt Securities | Michael E Genovese | Strong Sell | Strong Sell |
7/30/2024 | Not Identified | Not Identified | Hold | Hold |
7/16/2024 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
5/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/8/2024 | Piper Sandler | James Fish | Hold | Hold |
5/7/2024 | Exane BNP Paribas | Karl Ackerman | Strong Buy | Strong Buy |
5/7/2024 | William Blair | Sebastien C Naji | Strong Buy | Strong Buy |
5/3/2024 | Not Identified | Not Identified | Hold | Strong Buy |
1/3/2024 | Argus Research Corp. | James N Kelleher | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.66 |
ABR (Last week) | 1.66 |
# of Recs in ABR | 19 |
Average Target Price | $397.65 |
LT Growth Rate | 15.30% |
Industry | Communication - Components |
Industry Rank by ABR | 51 of 252 |
Current Quarter EPS Est: | 2.10 |
ANET FAQs
Arista Networks, Inc. (ANET) currently has an average brokerage recommendation (ABR) of 1.66 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms.
The average price target for Arista Networks, Inc. (ANET) is $397.65. The current on short-term price targets is based on 8 reports.
The forecasts for Arista Networks, Inc. (ANET) range from a low of $265 to a high of $480. The average price target represents a decline of $7.74 from the last closing price of $431.02.
The current DOWNSIDE for Arista Networks, Inc. (ANET) is 7.74%
Based on short-term price targets offered by 17 analysts, the average price target for Arista Networks comes to $397.65. The forecasts range from a low of $265.00 to a high of $480.00. The average price target represents a decline of 7.74% from the last closing price of $431.02.