Arista Networks ANET has received analyst upgrades due to AI-driven data center innovation and strong revenue growth. Stock rebounded over 30% in the last three months, nearing its all-time peak of $133. Q2 sales expected to increase 25% to $2.11 billion, with earnings up 25% to $0.65 per share.

Arista Networks’ revenue growth is projected to increase by 19% this year and 17% in fiscal 2026 to $9.76 billion. Post-pandemic sales have surged over 200%, reaching $2.31 billion in 2020. Major cloud players like Microsoft and Alphabet drive growth with Arista Networks’ AI data center networking platforms.

Arista Networks’ bottom line is expected to expand by 13% in FY25 and 15% in FY26, with EPS estimates trending higher. Stock holds a Zacks Rank #1 (Strong Buy) with positive earnings revisions. Previously trading over $400, now a good time to buy before Q2 results next week.

Read more at Nasdaq: Will Arista Networks Stock Keep Soaring as Q2 Earnings Approach?