Piper Sandler Raises Arista Networks (ANET) Price Target to $181 on AI Exposure

Arista Networks, Inc. (NYSE:ANET) is one of the Best American AI Stocks to Buy Now. According to a report by TheFly on May 6, Piper Sandler raised its price target on Arista Networks to $181 from $175 and maintained an Overweight rating on the stock, citing the company’s AI exposure.

Piper Sandler highlighted that Arista’s exposure to AI is driving its acceleration, noting that it is well-exposed for inference-based use-cases with hyperscalers, AI Titans, neo clouds, Edge Platforms, and large enterprises as its customers.

On May 5, Arista reported a 35.1% increase in total revenue for the first quarter of the year at $2.709 billion. Arista CFO Chantelle Breithaupt said the company is proud of its strong start to Fiscal 2026. She added:

“While the macro and supply chain environments remain dynamic, our results are a testament to our team’s disciplined execution. Delivering 35% revenue growth alongside $0.87 non-GAAP EPS demonstrates our ability to drive high-quality growth while maintaining a rigorous focus on the bottom line.”

In an earnings call, Breithaupt said the company is raising its 2026 fiscal year outlook to 27.7% revenue growth, resulting in approximately $11.5 billion in revenue. She added that the company is maintaining its 2026 campus revenue goal of $1.25 billion, and is raising its AI fabrics goal from $3.25 billion to $3.5 billion.

According to analyst ratings compiled by CNN, Arista has an average target price of $180, a 5.75% upside from the current price of $170.22.

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

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