Morgan Stanley analyst Meta Marshall maintains $Arista Networks (ANET.US)$ with a buy rating, and maintains the target price at $410.
According to TipRanks data, the analyst has a success rate of 56.6% and a total average return of 6.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Arista Networks (ANET.US)$'s main analysts recently are as follows:
Arista Networks' revenue guidance is perceived as 'good but not great' and is likely 'conservative'. However, the less optimistic gross margin outlook, combined with potential softness in non-AI related revenue next year, could restrain the stock's performance.
Arista Networks surpassed Q3 forecasts and provided guidance for the next year with anticipated growth of 15%-17%, which although slightly below expectations, is perceived as likely conservative. There is optimism regarding Arista's acceleration in the artificial intelligence sphere, alongside its market share expansion in campus and routing.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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