Analyst Ratings for Arista Networks Inc. (ANET)

Updated: 2017-07-28

Shares of Arista Networks Inc. (NYSE:ANET) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for ANET last month.

13 analysts declared ANET a buy, 0 gave an overweight rating, 16 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for ANET. The most optimistic analyst gave a price target of 185, implying a possible profit of 23.14 percent. The minimum price target given was 120, implying potential capital losses of -20.13 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 4.86 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.38 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of ANET's earnings is estimated by analysts to be 6.59 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ANET is 7.39.

ANET has traded between a high of 162.97 and a low of 68.75 over the past year. Currently the stock is 118.52 percent higher than its low, and below the high by 7.81 percent. ANET has a P/E ratio of 48.68. Investors typically compare the P/E ratio to a company's peers in the industry. The ANET value stock report compares ANET to some of its peers using value stock charts. The market cap of ANET is $10.95 billion. ANET's next earnings release will be on 0000-00-00, which is days away.