Street Remains Confident in Arista Networks (ANET) Amid AI Infrastructure Build Cycle Acceleration

Arista Networks, Inc. (NYSE:ANET) is one of the best stocks to buy right now.

As of January 12, 2026, Arista Networks, Inc. (NYSE:ANET) holds a bullish stance from over 90% of analysts. The consensus price target sits at $164.00, implying roughly 33.50% upside.

On January 6, 2026, KeyBanc Capital disclosed its best investment ideas for 2026 in the Communications and IT Infrastructure sectors. While the list was topped by AT&T and Crown Castle, Arista Networks, Inc. (NYSE:ANET) was also cited with an ‘Overweight’ rating and a $170.00 price target. The firm’s stance came on the back of an accelerating AI infrastructure build cycle, which supports networking companies.

Arista Networks, Inc. (NYSE:ANET) received renewed investor confidence on January 4, 2026, when Piper Sandler upgraded the stock to ‘Overweight’ and raised its price target from $145 to $159. The firm identified 2026 as the “Year of Refresh,” citing increased exposure to hyperscalers, AI-related investments, and greater visibility into enterprise demand. Large enterprise accounts and lagged capex trends continue to benefit the company, reflecting its resilience despite potential headwinds, including whitebox adoption and capital expenditure cycles.

Arista Networks, Inc. (NYSE:ANET) is focused on developing cloud networking solutions, including EOS software, Gigabit Ethernet switching, routing platforms, and network software 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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