9 Most Profitable Tech Stocks to Buy Right Now

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

Net Profit Margin: 38.32%  

Operating Margin: 42.74%

On May 7, Barclays bumped up the price target for Arista Networks, Inc. (NYSE:ANET) to $195 from $184. It retained an “Overweight” rating on the stock.

On May 5, Arista Networks, Inc. (NYSE:ANET) reported revenue of $2.709 billion for Q1 2026, going up by 35.1% year over year and 8.9% sequentially, the company said. It had $1.69 billion in operating cash flow alongside that growth.

The company held margins flat YoY, with GAAP and non-GAAP operating margins of 42.7% and 47.8%, respectively. Meanwhile, Arista extended earnings growth, with GAAP EPS of $0.80 and non-GAAP EPS of $0.87, up from $0.64 and $0.66 a year earlier.

CFO Chantelle Breithaupt said the company delivered “35% revenue growth alongside $0.87 non-GAAP EPS,” with disciplined execution despite macro and supply chain volatility. CEO Jayshree Ullal said that the firm’s results and net promoter score of 89 signal a “strong start” for 2026.

Arista Networks, Inc. (NYSE:ANET) creates, promotes, and sells cloud networking technologies. Its solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms.