# Arista Networks, Inc.  Share Price Target ‘$331.93’, now -9.2% Downside Potential

- Link: https://www.directorstalkinterviews.com/arista-networks-inc.share-price-target-331.93-now-9.2-downside-potential/4121164237
- Published: 2024-07-08T12:08:56+01:00
- Author: Charlotte Edwards

**Arista Networks, Inc.** with ticker code (ANET) now have 19 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $425.00 and $220.00 calculating the average target share
price we see $331.93. (at the time of writing). Given that the stocks previous close
was at $365.42 this is indicating there is a potential downside of -9.2%. The 50
day MA is $309.45 and the 200 day MA is $257.55. The company has a market cap of
114.73B. The stock price for Apple Inc. is $366.14 USD

 The potential market cap would be $104,219,530,152 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 50.99, revenue per share of $19.56
and a 16.81% return on assets.

Arista Networks, Inc. is a supplier of cloud networking solutions that use software
to address the needs of Internet companies, cloud service providers and enterprises.
The Company cloud networking solutions consist of its Extensible Operating System(
EOS), a set of network applications and its Gigabit Ethernet switching and routing
platforms. Its cognitive single-tier Spline campus network extends EOS across the
data center and campus wired and wireless workspace. The Company’s CloudVision is
a network-wide approach for workload orchestration and automation, leverages EOS
and Cognitive WiFi features, to deliver cloud networking solutions to its enterprise
customers. The Company sells its products through both its direct sales force and
its channel partners. Its end customers span a range of industries and include large
Internet companies, service providers, financial services organizations, government
agencies, media and entertainment companies and other cloud service providers.

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