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Arista Networks (ANET) Stock Forecast & Price Target

$330.56
-2.07 (-0.62%)
(As of 07/19/2024 ET)

Arista Networks - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 21 Wall Street analysts who have issued ratings for Arista Networks in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 1 has given a sell rating, 3 have given a hold rating, and 17 have given a buy rating for ANET.

Consensus Price Target

$330.18
-0.12% Downside
High Forecast$432.00
Average Forecast$330.18
Low Forecast$210.00

According to the 21 analysts' twelve-month price targets for Arista Networks, the average price target is $330.18. The highest price target for ANET is $432.00, while the lowest price target for ANET is $210.00. The average price target represents a forecasted downside of -0.12% from the current price of $330.56.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
18 Buy rating(s)
16 Buy rating(s)
15 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$330.18$306.78$275.59$178.19
Forecasted Upside-0.12% Downside11.03% Upside9.81% Upside20.30% Upside
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ANET Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ANET Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Arista Networks Stock vs. The Competition

TypeArista NetworksComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.76
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-0.12% Downside117.45% Upside10.04% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/18/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$325.00 ➝ $355.00+7.64%
7/17/2024KeyCorp
4 of 5 stars
 Boost TargetOverweight ➝ Overweight$349.00 ➝ $432.00+26.40%
7/16/2024Evercore ISI
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$340.00 ➝ $400.00+11.34%
7/15/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$302.00 ➝ $345.00-4.67%
6/27/2024Citigroup
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 Boost TargetBuy ➝ Buy$330.00 ➝ $385.00+15.03%
6/20/2024Bank of America
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 Boost TargetBuy ➝ Buy$320.00 ➝ $380.00+11.35%
6/14/2024Erste Group Bank
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 Reiterated RatingBuy
5/9/2024Barclays
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 Boost TargetOverweight ➝ Overweight$311.00 ➝ $320.00+9.92%
5/8/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$310.00 ➝ $340.00+15.19%
5/8/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$275.00 ➝ $285.00-1.20%
5/8/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$320.00+16.80%
5/3/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$240.00 ➝ $320.00+22.20%
4/12/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Sell$210.00-29.19%
4/11/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$297.00 ➝ $315.00+9.39%
3/22/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$313.00 ➝ $356.00+16.86%
2/13/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
2/13/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$325.00+15.60%
1/8/2024Melius Research
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 UpgradeHold ➝ Buy$300.00+20.33%
10/31/2023William Blair
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 Reiterated RatingOutperform
8/2/2023Argus
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 Boost TargetBuy ➝ Buy$195.00 ➝ $225.00+24.94%
7/20/2023BNP Paribas
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 Initiated CoverageOutperform$210.00+19.14%
5/2/2023Credit Suisse Group
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 Boost Target$146.00 ➝ $151.00-5.72%
2/14/2023Loop Capital
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 Boost TargetBuy$181.00 ➝ $188.00+38.24%
2/14/2023Cowen
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 Boost TargetOutperform$212.00 ➝ $225.00+65.44%
12/13/2022Cowen
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 Boost TargetOutperform$203.00 ➝ $212.00+57.18%
11/3/2022Deutsche Bank Aktiengesellschaft
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 Boost Target$135.00 ➝ $140.00+11.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:48 AM ET.

ANET Forecast - Frequently Asked Questions

What is Arista Networks' forecast for 2024?

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Arista Networks is $330.18, with a high forecast of $432.00 and a low forecast of $210.00.

Should I buy or sell Arista Networks stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arista Networks in the last year. There is currently 1 sell rating, 3 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ANET shares.

Does Arista Networks's stock price have much upside?

According to analysts, Arista Networks's stock has a predicted upside of 10.51% based on their 12-month stock forecasts.

Has Arista Networks been upgraded by Wall Street analysts recently?

Over the previous 90 days, Arista Networks's stock had 1 upgrade by analysts.

What analysts cover Arista Networks?
Do Wall Street analysts like Arista Networks more than its competitors?

Analysts like Arista Networks more than other "computer and technology" companies. The consensus rating score for Arista Networks is 2.76 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how ANET compares to other companies.


This page (NYSE:ANET) was last updated on 7/21/2024 by MarketBeat.com Staff

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