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Arista Networks, Inc. (NYSE:ANET) Given Average Rating of "Buy" by Analysts
MarketBeat reports that analysts have given Arista Networks, Inc. (NYSE:ANET) an average rating of “Buy,” with 22 out of 25 firms recommending either “Buy” or “Strong Buy” and an average 12-month target price of $178.67. This positive sentiment is reinforced by Arista’s Q1 results, which surpassed expectations with $0.82 EPS and $2.49 billion in revenue, reflecting a 28.9% year-over-year growth driven by AI and hyperscale networking demand. However, significant insider selling, particularly by CEO Jayshree Ullal, and the stock’s premium valuation are noted as potential areas for investor attention despite strong institutional ownership.