Goldman Reaffirms Buy on Arista Networks (ANET) — Here’s What’s Powering the Optimism

Arista Networks Inc (NYSE:ANET) is one of the 10 Trending AI Stocks on News and RatingsOn July 1, Goldman Sachs analyst Hendi Susanto reiterated a “Buy” rating on the stock with a $115.00 price target. The rating affirmation followed Arista’s new enterprise networking products.

The company has recently introduced new enterprise campus and branch networking offerings, which include switches, indoor and outdoor Wi-Fi 7 access points, and a new enterprise router. Moreover, it also announced acquiring VeloCloud, a cloud-managed SD-WAN provider, from Broadcom.

Goldman Reaffirms Buy on Arista Networks (ANET) — Here’s What’s Powering the Optimism

The firm believes that these announcements and acquisitions are positive catalysts for Arista, offering its customers additional choices and features that support network security and data traffic processing.

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

While we acknowledge the potential of ANET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.