Arista Networks (ANET)
(Delayed Data from NYSE)
$407.39 USD
+1.31 (0.32%)
Updated Oct 17, 2024 04:00 PM ET
After-Market: $407.75 +0.36 (0.09%) 7:58 PM ET
2-Buy of 5 2
D Value B Growth A Momentum B VGM
Arista Networks (ANET) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$383.26 | $460.00 | $265.00 | -5.62% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Arista Networks comes to $383.26. The forecasts range from a low of $265.00 to a high of $460.00. The average price target represents a decline of 5.62% from the last closing price of $406.08.
Analyst Price Targets (19)
Broker Rating
Arista Networks currently has an average brokerage recommendation (ABR) of 1.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms. The current ABR compares to an ABR of 1.67 a month ago based on 23 recommendations.
Of the 22 recommendations deriving the current ABR, 14 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 63.64% and 9.09% of all recommendations. A month ago, Strong Buy made up 65.22%, while Buy represented 8.7%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 14 | 14 | 15 | 15 | 15 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.70 | 1.70 | 1.67 | 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 |
---|---|---|---|---|
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 |
7/30/2024 | Not Identified | Not Identified | Hold | Hold |
7/16/2024 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
7/5/2024 | New Street Research | Pierre C Ferragu | Strong Buy | Strong Buy |
5/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/8/2024 | Piper Sandler | James Fish | Hold | Hold |
5/8/2024 | KeyBanc Capital Markets | Thomas Blakey | Strong Buy | Strong Buy |
5/8/2024 | Needham & Company | Bruce A Henderson | Moderate Buy | Moderate Buy |
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 | 1.70 |
ABR (Last week) | 1.70 |
# of Recs in ABR | 22 |
Average Target Price | $383.26 |
LT Growth Rate | 17.20% |
Industry | Communication - Components |
Industry Rank by ABR | 52 of 252 |
Current Quarter EPS Est: | 2.08 |
ANET FAQs
Arista Networks, Inc. (ANET) currently has an average brokerage recommendation (ABR) of 1.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms.
The average price target for Arista Networks, Inc. (ANET) is $390.63. The current on short-term price targets is based on 9 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 $4.11 from the last closing price of $407.39.
The current DOWNSIDE for Arista Networks, Inc. (ANET) is 4.11%
Based on short-term price targets offered by 19 analysts, the average price target for Arista Networks comes to $383.26. The forecasts range from a low of $265.00 to a high of $460.00. The average price target represents a decline of 5.62% from the last closing price of $406.08.