Arista's Stock Hit As Analysts Cut Targets Over Tariff Uncertainty Despite Strong AI Demand
AristaArista(US:ANET) Benzinga·2025-05-08 04:33

Arista Networks ANET stock traded lower on Wednesday after Wall Street analysts cut their respective price targets.Goldman Sachs analyst Michael Ng maintained a Buy rating on Arista Networks with a price target of $115 ($130 prior).Arista Networks’ first-quarter 2025 EPS of $0.65 beat Ng and FactSet consensus of $0.62 and $0.59 with revenue of $2.00 billion beating consensus of $1.97 billion and guidance of $1.93 billion-$1.97 billion.Also Read: Jim Cramer: Arista Networks Is ‘Down Way Too Much,’ Uber ‘Goes ...

Arista's Stock Hit As Analysts Cut Targets Over Tariff Uncertainty Despite Strong AI Demand - Reportify