Arista Networks Inc (NYSE:ANET) is highlighted as one of the AI stocks analysts are closely tracking. Needham raised its price target to $160.00 and maintained a Buy rating post Analyst Day. Arista emphasizes Cloud/AI capabilities targeting White Box, Nvidia, and Enterprise Campus challenging Cisco.

Needham expresses optimism in Arista’s recent senior management hires, believing they can drive necessary change to expand market position. Arista has become a major supplier to AI company Anthropic, with a deal expected to bring substantial revenue in 2026.

Arista Networks Inc (NYSE:ANET) develops, markets, and sells cloud networking solutions. While ANET shows investment potential, some AI stocks may offer greater upside and less risk. Discover an undervalued AI stock with significant potential amid Trump-era tariffs and onshoring trend in a free report.

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Read more at Yahoo Finance: Needham Raises Arista (ANET) Price Target to $160 After Analyst Day