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Arista Networks Inc has a consensus price target of $345.26 based on the ratings of 25 analysts. The high is $495 issued by Barclays on November 8, 2024. The low is $151 issued by Credit Suisse on May 2, 2023. The 3 most-recent analyst ratings were released by Rosenblatt, Barclays, and UBS on November 8, 2024, respectively. With an average price target of $413.33 between Rosenblatt, Barclays, and UBS, there's an implied 9.34% upside for Arista Networks Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Arista Networks (NYSE:ANET) was reported by Rosenblatt on November 8, 2024. The analyst firm set a price target for $320.00 expecting ANET to fall to within 12 months (a possible -15.35% downside). 50 analyst firms have reported ratings in the last year.
The latest analyst rating for Arista Networks (NYSE:ANET) was provided by Rosenblatt, and Arista Networks maintained their sell rating.
The last upgrade for Arista Networks Inc happened on May 3, 2024 when Jefferies raised their price target to $320. Jefferies previously had a hold for Arista Networks Inc.
The last downgrade for Arista Networks Inc happened on April 12, 2024 when Rosenblatt changed their price target from N/A to $210 for Arista Networks Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arista Networks, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Arista Networks was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Arista Networks (ANET) rating was a maintained with a price target of $265.00 to $320.00. The current price Arista Networks (ANET) is trading at is $378.02, which is out of the analyst’s predicted range.
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