Top 15 AI Stocks Taking Wall Street by Storm

9. Arista Networks Inc (NYSE:ANET)

Number of Hedge Fund Holders: 75

Arista Networks Inc (NYSE:ANET) is one of the Top 15 AI Stocks Taking Wall Street by Storm. On August 6, Barclays analyst Tim Long raised the price target on the stock to $151.00 (from $119.00) while maintaining an Overweight rating.

The rating affirmation follows Arista Networks’ second-quarter earnings report which beat expectations and included guidance for both the third quarter and fiscal year 2025 which exceeded market forecasts.

Barclays has also increased its campus segment forecast. The firm anticipates it to surpass $1.5 billion in AI networking revenues for the year.

“The strength was broadbased with the higher guide assuming momentum across AI, cloud, and the enterprise, and ANET continued its track record of efficiency with improved inventory management and supply chain benefiting margins.”

The firm remains confident in Arista’s ability to  achieve over $10B in revenues in 2026.

“We raise our estimates and remain confident in ANET’s ability to execute to achieve over $10B in revenues in 2026. The growth opportunity is widespead, and we maintain the view that the long-term revenue CAGR of mid-teens could see upside.”

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