Mizuho Securities Reiterates a Buy Rating on Arista Networks (ANET)

Arista Networks, Inc. (NYSE:ANET) is one of the most profitable NYSE stocks to buy right now. Mizuho Securities reiterated a Buy rating on Arista Networks, Inc. (NYSE:ANET) on December 11 and set a price target of $175.

In a separate development, Arista Networks, Inc. (NYSE:ANET) announced significant advancements for Cognitive Campus scale on December 10, including the introduction of Arista Virtual Ethernet Segment with Proxy ARP (Arista VESPA) for WLAN mobility, allowing customers to deploy large-scale mobility domains. Arista VESPA addresses critical scaling limits that major enterprises experience when they undergo exponential growth in the number of IoT devices and clients. Arista VESPA allows customers to design massive Wi-Fi roaming domain networks with more than 500,000 clients.

Arista Networks, Inc. (NYSE:ANET) also announced the expansion of Arista AVA® (Autonomous Virtual Assist) agentic AI, which now delivers a unified agentic AI framework to provide operational simplicity and proactive intelligence into AIOps. The company is also introducing two new ruggedized platforms, 710HXP-28TXH and 710HXP-20TNH, and is expanding its portfolio to support demanding industrial or outdoor environments across a number of sectors. The new platforms include a 1RU 24-port switch with an IP30 rating and a 20-port Din Rail switch with an IP50 rating.

Management reported that all the newly announced software capabilities and switch platforms are anticipated to be generally available by fiscal Q1 2026.

Arista Networks, Inc. (NYSE:ANET) develops, markets, and sells cloud networking solutions. The company’s solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms. It also offers various product categories, including Core, Cognitive Adjacencies, and Network Software and Services.

While we acknowledge the potential of ANET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.