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 price target was 185, which equates to a potential upside of 23.14 percent. The minimum price target given was 120, implying potential capital losses of -20.13 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

ANET has an estimated earnings growth rate of 6.59 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. ANET has a PEG ratio of 7.39.

In the trailing 52-weeks, ANET hit 162.97 at the highest peak, while it's lowest trading point was 68.75. Today's price is 118.52 percent above the 52-week low, and 7.81 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.