This is What Analysts Think About Arista Networks (ANET)

Arista Networks, Inc. (NYSE:ANET) is one of the best long term growth stocks to buy according to hedge funds. Arista Networks, Inc. (NYSE:ANET) was upgraded to Overweight from Neutral by Piper Sandler on January 5, with the firm lifting the price target on the stock to $159 from $145.

It told investors that 2026 is positioned as a “Year of Refresh”, with growing hyperscaler and AI exposure, enterprise investment, and a conservative setup at a reasonable valuation, all enhancing model visibility. The firm added that while concerns regarding share shifts to whitebox and Nvidia (NVDA) and the broader capex/AI cycle exist, Arista Networks, Inc. (NYSE:ANET) appears to be holding share, deriving benefit from typically lagged capex trends, and gaining large enterprise customers.

Arista Networks, Inc. (NYSE:ANET) also received a rating update from Melius Research on January 5, with the firm maintaining a Buy rating on the stock with a $200 price target.

In another development, Morgan Stanley cut the price target on Arista Networks, Inc. (NYSE:ANET) to $159 from $171 on December 17 and reaffirmed an Overweight rating on the stock. The firm told investors in a year-ahead note on the group that the AI trade broadened out from semi names in 2025, paving the way for infrastructure names, especially within optical. It believes that the trade can continue through H1 2026, particularly in optical, but investors would “need to get more selective for full year returns given multiples.”

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.