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Arista Networks (ANET): Analysts Eye $140 Price Target Amid AI Growth

Arista Networks Inc (NYSE:ANET) is one of the AI Stocks Analysts Say You Should Watch CloselyOn September 12, Rosenblatt analyst Mike Genovese raised the price target on the stock to $140.00 while maintaining a Neutral rating.

The price target raise follows Arista’s Analyst Day, where the company made a compelling case for maintaining leadership in the 100G and above Ethernet Networking market.

With AI data centers emerging, analysts at the firm believe that Arista’s basis of differentiation is transitioning from “operating system and programability to Cloud integration, telemetry, automation, network diagnostics capabilities, and power savings strategies.”

“We recognize Arista’s long track record of guiding conservatively, but were still slightly disappointed by the 2026 and beyond operating margin guidance of 43% to 45%, vs. 2024A and 2025E above 47%, and the 2026-2029 revenue CAGR in the mid-teens, compared to guidance to grow sales 25% in 2025 and 20% in 2026. To get to 20% revenue growth in 2026, management sees ~25% of its business, which is AI Data Center and Campus, expanding ~70%, while the other 75% of sales are roughly flat. In terms of margins, Arista is guiding for GMs to drop from 63% to 64% in 2025 to 62% to 64% in 2026, and to 60% to 64% after 2026 since AI Data Center is the fastest growing part of the business and the Cloud Titans get the most favorable pricing. The company is implying that Opex will grow significantly faster than sales in 2026, and nearly as fast as sales in 2027. We are increasing 2025 revenues to $10.5bn from $10.1bn, but our 2025 EPS forecast remains ~$3.10. We are also introducing 2027 revenues/EPS at $12.2bn/$3.50, and increasing our price target to $140 based on 40x 2027 EPS.”

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

While we acknowledge the risk and potential of ANET as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ANET and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 AI Stocks You Should Not Ignore and 10 Trending AI Stocks on Wall Street.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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This prediction might not be bold at all:

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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