Barclays raised Arista Networks Inc’s price target to $151.00 after a strong second-quarter earnings report. The company exceeded expectations, provided guidance for future quarters, and raised its 2025 growth projection to 25% year-over-year.

Arista expects its campus segment to surpass $1.5 billion in AI networking revenues this year. Barclays remains optimistic about the company’s growth potential, predicting over $10 billion in revenues by 2026 and extensive long-term growth prospects.

Arista Networks Inc develops, markets, and sells cloud networking solutions. While the company shows promise as an investment, other AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond Arista.

Read more at Yahoo Finance: Barclays Bullish on Arista Networks (ANET) After AI Networking Revenue Surge