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.

A number of analysts gave price targets for ANET. The maximum price target given was 185, implying potential capital gains of 23.14 percent. The most pessimistic price target 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

People are often interested in whether analysts were united in the direction of their 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.

Analysts estimate earnings of ANET to grow at a rate of 6.59 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ANET has a PEG ratio of 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 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.