B · Normal
[Goldman Sachs: Give Arista Networks a "buy" rating with a target price of $225] On September 9, Goldman Sachs issued a research report stating that it gave Arista Networks a "buy" rating and a 12-month target price of $225, based on a valuation of 36 times NTM+1Y forecast price-earnings ratio. Based on the closing price of $193.78 on September 4, this corresponds to an upside of 16.1%. The bank pointed out that the company reiterated its revenue and profit margin guidance for 2026, which is mainly supported by improved supply chain visibility and demand in the two strategic focus areas of AI infrastructure and enterprise campus deployment.
Comments