In recent stock market developments, Needham analyst Ryan Koontz has updated his outlook on Arista Networks (ANET, Financial), maintaining the company's current rating while adjusting its price target.
On May 7, 2025, Koontz maintained a "Buy" rating for Arista Networks (ANET, Financial). However, the price target was lowered from the previous $145.00 to a new target of $130.00. This adjustment signifies a reduction by 10.34% in the anticipated price level for the company. The currency for the price target adjustment is in USD.
The move reflects changes in the analyst's valuation projections for Arista Networks (ANET, Financial) but continues to suggest a positive outlook with the maintained "Buy" rating. Investors are advised to note these updates when considering their positions in Arista Networks (ANET).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Arista Networks Inc (ANET, Financial) is $107.73 with a high estimate of $145.00 and a low estimate of $79.00. The average target implies an upside of 18.69% from the current price of $90.77. More detailed estimate data can be found on the Arista Networks Inc (ANET) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Arista Networks Inc's (ANET, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Arista Networks Inc (ANET, Financial) in one year is $86.01, suggesting a downside of 5.24% from the current price of $90.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Arista Networks Inc (ANET) Summary page.
