Key Highlights:
- Arista Networks (ANET, Financial) poised to leverage the AI networking boom.
- Morgan Stanley sets a target price of $100 amidst market share concerns.
- GuruFocus estimates a potential downside of 9.16% from the current stock price.
Arista Networks (ANET) stands at the forefront of the burgeoning AI networking market, particularly in the Ethernet space. Morgan Stanley emphasizes the company's strategic positioning to tap into this growth over the coming years. Despite some apprehension regarding its market share in back-end networks, Arista Networks is projected to either meet or exceed market expectations, with a target price set at $100.
Wall Street Analysts Forecast
According to projections provided by 21 analysts, Arista Networks Inc (ANET, Financial) has an average one-year target price of $104.99. The highest estimate reaches $130.00, while the lowest is pegged at $79.00. The average target suggests an upside potential of 8.46% from its current valuation of $96.80. For an in-depth look at these estimates, visit the Arista Networks Inc (ANET) Forecast page.
On the recommendation scale from 27 brokerage firms, Arista Networks Inc's (ANET, Financial) consensus rating stands at 1.9, translating to an "Outperform" status. This scale ranges from 1 to 5, with 1 signifying a Strong Buy and 5 indicating a Sell.
In terms of valuation, GuruFocus has projected a GF Value for Arista Networks Inc (ANET, Financial) over the next year to be $87.93, hinting at a potential downside of 9.16% from its present price of $96.8. The GF Value is a calculated estimate reflecting what the stock should trade at, factoring in historical trading multiples, past business growth, and future performance projections. More comprehensive information is available on the Arista Networks Inc (ANET) Summary page.
