Goldman Sachs analyst Michael Ng has updated his coverage on Arista Networks (ANET, Financial) by maintaining a "Buy" rating. However, he has revised the price target from $130.00 to $115.00 as of May 7, 2025. This adjustment in price target represents an 11.54% decrease from the prior target.
Despite the lowered price target, the "Buy" rating indicates continued confidence in Arista Networks' (ANET, Financial) potential for growth in the upcoming period. The updated price target of $115.00 USD reflects a strategic reassessment of the company's stock performance expectations by Goldman Sachs.
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 26.93% from the current price of $84.88. 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 upside of 1.33% from the current price of $84.88. 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.
