14 Best S&P 500 Stocks to Buy Now According to Analysts

12. Arista Networks, Inc. (NYSE:ANET)

Upside Potential as of June 14: 16.39%

Arista Networks, Inc. (NYSE:ANET) is an industry leader in data-driven, client-to-cloud networking for large data center/AI, campus, and routing environments.

On June 12, Morgan Stanley lifted its price target on Arista Networks, Inc. (NYSE:ANET) from $180 to $190, while keeping an ‘Overweight’ rating on the shares. The target boost reflects an upside of over 16% from the current price level.

Morgan Stanley highlighted the strong demand for AI inference workloads and rising CPU intensity as key drivers for a front-end refresh cycle. The firm views both Arista and Cisco as its preferred choices to capitalize on what it believes is “an underappreciated front-end networking refresh cycle.

Arista Networks, Inc. (NYSE:ANET) has delivered exceptional growth over the last few years. The company’s revenue surged by 8.6% in FY 2025 to $9 billion, after posting 19.5% and 33.8% growth in the previous two years. Arista raised its guidance for the ongoing fiscal year last month and is now targeting to grow its revenue by another 27.7% to approximately $11.5 billion.