Arista Networks Inc (ANET) Stock Forecast & Predictions

Arista Networks Inc ANET: $312.83

5453 Great America Pkwy, Santa Clara, California, US. | Sector: Professional, Scientific, and Technical Services | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.arista.com/en/

  • Market Cap$24.15B
  • Change (52 Weeks)49.70%
  • Low (52 Weeks)$192.96
  • Arista Networks Inc (ANET) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Arista Networks Inc (ANET) stock price is $312.83 and the 52 weeks low is $192.96, which means the Arista Networks Inc stock price is up 49.70% in the last 12 months.

    Arista Networks Inc (ANET) Stock Price has been Trending Strongly with an ADX reading of 25.67 as per the Weekly Chart.

    A Upward trend indicates that Arista Networks Inc (ANET) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that ANET Stock price might rise further, 31.25% indicating that ANET Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ANET stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Arista Networks Inc (ANET) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Arista Networks Inc (ANET) is based on 32 Institutional Analyst Ratings where 43.75% are on Strong Buy, 18.75% on Moderate Buy, 37.50% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 32 Institutional Analysts, majority recommended ANET stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Arista Networks Inc.

    Arista Networks Inc (ANET) Stock Price Prediction By Analysts


    HighLowAverage
    $431.55$206.04$350.29
    $350.2911.97% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for ANET set by the institutional analysts is $350.29 where High Estimate is $431.55, Median $351.90000000000003 and Low $206.04.

    The average price target for ANET by Institutional Analysts is $350.29, which is 11.97% Upside from the current price. So according to the Institutional Analysts, ANET Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Arista Networks Inc (ANET) Stock Forecast Based on News Sentiment


    Bullish
    Based on 5 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about ANET, it shows that Arista Networks Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that ANET stock price may surge in the next few weeks.

    Arista Networks Inc (ANET) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancOverweightReiterated
    Morgan StanleyOverweightMaintained
    Wells FargoEqual-WeightMaintained
    RosenblattBuyMaintained
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    RosenblattBuyMaintained
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    RosenblattBuyUpgraded
    Credit SuisseOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Evercore ISI GroupOutperformUpgraded
    RosenblattNeutralMaintained
    Credit SuisseNeutralMaintained
    B of A SecuritiesBuyUpgraded
    Morgan StanleyOverweightUpgraded
    CitigroupNeutralDowngraded
    JP MorganOverweightUpgraded
    UBSBuyInitiated
    MKM PartnersNeutralMaintained
    CitigroupBuyMaintained
    RosenblattNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    RosenblattNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Nomura InstinetNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    B of A SecuritiesNeutralReiterated
    Piper SandlerNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    NomuraNeutralMaintained
    JP MorganNeutralUpgraded
    Argus ResearchBuyReiterated
    RosenblattNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersNeutralMaintained
    BarclaysEqual-WeightDowngraded
    New Street ResearchBuyInitiated
    UBSNeutralMaintained
    Wells FargoMarket PerformMaintained
    Stifel NicolausHoldDowngraded
    Piper JaffrayOverweightMaintained
    OppenheimerPerformDowngraded
    NomuraNeutralMaintained
    NeedhamHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersNeutralMaintained
    KeyBancSector WeightDowngraded
    JP MorganUnderweightDowngraded
    JMP SecuritiesMarket OutperformMaintained
    Goldman SachsBuyMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    Bank of AmericaNeutralDowngraded
    NomuraNeutralDowngraded
    Evercore ISI GroupIn-LineInitiated
    BarclaysOverweightInitiated
    Morgan StanleyEqual-WeightMaintained
    Stifel NicolausBuyMaintained
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightDowngraded
    KeyBancOverweightMaintained
    RosenblattNeutralInitiated
    Goldman SachsBuyReiterated
    Deutsche BankHoldUpgraded
    Morgan StanleyOverweightMaintained
    NomuraBuyUpgraded
    Morgan StanleyOverweightUpgraded
    Bank of AmericaBuyUpgraded
    NomuraNeutralMaintained
    KeyBancOverweightMaintained
    JP MorganNeutralMaintained
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    Stifel NicolausBuyInitiated
    BMO CapitalOutperformUpgraded
    Credit SuisseOutperformMaintained
    UBSNeutralInitiated
    Morgan StanleyEqual-WeightDowngraded
    JP MorganNeutralMaintained
    PiperJaffrayOverweightUpgraded
    Credit SuisseOutperformInitiated
    KeyBancOverweightMaintained
    Deutsche BankSellMaintained
    CitigroupBuyMaintained
    JP MorganNeutralInitiated
    MacquarieOutperformInitiated
    Deutsche BankSellDowngraded
    CitigroupBuyMaintained
    NomuraNeutralMaintained
    Gabelli & Co.HoldDowngraded
    BarclaysOverweightMaintained
    Goldman SachsBuyInitiated
    Loop CapitalHoldInitiated
    JMP SecuritiesMarket PerformMaintained
    CitigroupBuyMaintained
    Deutsche BankHoldDowngraded
    PiperJaffrayNeutralInitiated
    UBSNeutralMaintained
    NomuraNeutralMaintained
    JefferiesHoldMaintained
    DA DavidsonBuyUpgraded
    CitigroupNeutralMaintained
    BMO CapitalMarket PerformMaintained
    JMP SecuritiesMarket PerformMaintained
    BMO CapitalMarket PerformDowngraded
    BerenbergBuyInitiated
    Morgan StanleyOverweightUpgraded
    William BlairOutperformUpgraded
    JP MorganOverweightUpgraded
    BarclaysOverweightMaintained
    DA DavidsonNeutralDowngraded
    Credit SuisseNeutralDowngraded
    NomuraNeutralDowngraded
    Stifel NicolausHoldDowngraded
    JefferiesHoldUpgraded
    DA DavidsonBuyInitiated
    Morgan StanleyEqual-WeightDowngraded
    Deutsche BankBuyMaintained
    Pacific CrestOverweightMaintained
    Argus ResearchBuyInitiated
    ArgusBuyInitiated
    MKM PartnersNeutralDowngraded
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    BMO CapitalOutperformInitiated
    UBSNeutralMaintained
    JP MorganNeutralInitiated
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyInitiated
    JP MorganNeutralInitiated
    OppenheimerOutperformUpgraded
    Deutsche BankBuyMaintained
    Goldman SachsSellDowngraded
    BarclaysOverweightInitiated
    Buckingham ResearchNeutralMaintained
    Pacific CrestOverweightMaintained
    MacquarieNeutralInitiated
    MacquarieNeutralInitiated
    KeyBancOverweightMaintained
    MKM PartnersBuyMaintained
    NeedhamBuyMaintained
    Deutsche BankBuyMaintained
    Sterne Agee CRTBuyInitiated
    GuggenheimBuyUpgraded
    Pacific CrestOverweightMaintained
    KeyBancOverweightMaintained
    NomuraBuyInitiated
    WedbushNeutralInitiated
    GuggenheimNeutralInitiated
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralDowngraded
    Buckingham ResearchNeutralInitiated
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    JefferiesUnderperformInitiated
    BarclaysOverweightMaintained
    Imperial CapitalOutperformInitiated
    Stifel NicolausBuyUpgraded
    MKM PartnersBuyInitiated
    Deutsche BankBuyMaintained
    FBN SecuritiesOutperformInitiated
    SunTrust Robinson HumphreyBuyInitiated
    Pacific CrestOutperformMaintained
    JP MorganBuyMaintained
    CitigroupBuyUpgraded
    Deutsche BankBuyMaintained
    William BlairMarket PerformInitiated
    Wells FargoOutperformInitiated
    Stifel NicolausHoldInitiated
    RBC CapitalOutperformInitiated
    Raymond JamesMarket PerformInitiated
    OppenheimerMarket PerformInitiated
    NeedhamBuyInitiated
    Morgan StanleyOverweightInitiated
    JMP SecuritiesMarket PerformInitiated
    Deutsche BankBuyInitiated
    Cowen & Co.OutperformInitiated
    BarclaysOverweightInitiated

    Arista Networks Inc (ANET) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.481
    The average consensus EPS for ANET is $2.481 with a high estimate of $2.772 and Low of $2.205 for the period 2021-06-30 and based on 26 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.42$2.25388382020-09-30


    The latest average Earning Per Share Estimate for Arista Networks Inc is $2.48, which is higher than ANET's last EPS, $2.42. This means that Analysts are expecting Arista Networks Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Arista Networks Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.42$2.25388382020-09-30
    $2.11$1.98496082020-06-30
    $2.02$1.84607759999999992020-03-31
    $2.29$2.13819540000000032019-12-31
    $2.69$2.46249422019-09-30
    $2.44$2.24407142019-06-30
    $2.31$2.11383782019-03-31
    $2.25$2.10596340000000032018-12-31
    $2.11$1.8722612018-09-30
    $1.93$1.73203139999999992018-06-30
    $1.66$1.53798662018-03-31
    $1.71$1.43933220000000022017-12-31
    $1.62$1.21239242017-09-30
    $1.34$0.96678659999999992017-06-30
    $0.93$0.87450722017-03-31
    $1.04$0.83467622016-12-31
    $0.83$0.74228462016-09-30
    $0.74$0.68535839999999992016-06-30
    $0.68$0.6153662016-03-31
    $0.8$0.62392379999999992015-12-31
    $0.59$0.543662015-09-30
    $0.54$0.47372882015-06-30
    $0.5$0.38024582015-03-31
    $0.53$0.39105782014-12-31
    $0.4$0.28992482014-09-30
    $0.35$0.13084562014-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).