Arista Networks, Inc. (ANET): Among Stocks That Will Make You Rich Over the Next Decade

Arista Networks, Inc. (NYSE:ANET) is among the 10 Stocks That Will Make You Rich Over the Next Decade. The company’s shares have returned 48% over the past 12 months and are considered a good long-term investment due to the company’s high profitability and robust free cash flow margin.

Arista Networks, Inc. (ANET): Among Stocks That Will Make You Rich Over the Next Decade

Wall Street has a bullish outlook on the stock with a Strong Buy rating and an average share price upside potential of 32%, as of the close on May 15.

Recent updates include one from Raymond James, which on Friday upgraded Arista Networks, Inc.’s (NYSE:ANET) rating to Outperform from Market Perform, with a price target of $164. According to TipRanks, the firm cited share gain in AI-backend and campus as one of the reasons behind the adjustment.

This follows Barclays’ increase in its price target on the stock to $195 from $184 and the reiteration of an Overweight rating on May 7. The revision came a day after Arista reported first-quarter 2026 results.

The company made a strong start to 2026, with quarterly revenue of $2.709 billion, representing 35.1% year-over-year growth and up 8.9% sequentially. Non-GAAP diluted earnings per share came in at $0.87, compared to $0.66 during the same quarter last year.

Arista Networks, Inc. (NYSE:ANET) provides client-to-client networking solutions for a broad range of environments, such as artificial intelligence, data center, and campus. The stock is up 8% year-to-date as of the close on May 15.

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: 9 Best Drone Stocks to Buy According to Wall Street Analysts and 10 Best Large Cap Defense Stocks to Buy According to Hedge Funds.

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1