10 AI Stocks Analysts Are Tracking Closely

8. Arista Networks Inc (NYSE:ANET)

Number of Hedge Fund Holders: 81

Arista Networks Inc (NYSE:ANET) is one of the 10 AI Stocks Analysts Are Tracking Closely. On September 16, Needham raised its price target on the stock to $160.00 from $155.00 while maintaining a Buy rating. The rating affirmation follows Arista’s Analyst Day presentation held on September 11.

According to the firm, management used the opportunity to highlight new Cloud/AI capabilities targeting both White Box and Nvidia, as well as fresh investments in Enterprise Campus aimed directly at challenging Cisco.

Needham expressed optimism regarding Arista’s recent senior management hires, deeming them as having the potential to carry the rate of change needed to expand its market position.

Based on the firm’s proprietary research, it has been confirmed that Arista is now a major new supplier to AI company Anthropic in 2025. The deal is anticipated to contribute substantial revenue in 2026.

Arista Networks Inc (NYSE:ANET) develops, markets, and sells cloud networking solutions.