With an upside potential of 29.8%, Arista Networks, Inc. (NYSE:ANET) remains a bullish pick among analysts. The stock, therefore, earns its place on our list of the best agentic AI stocks to buy right now.
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Arista Networks, Inc. (NYSE:ANET) continues to draw investor attention amid strong underlying demand, which Founding CEO and Chairperson Jayshree Ullal said is at its peak level since she joined the company.
On May 5, 2026, Arista Networks, Inc. (NYSE:ANET) announced a solid start to FY2026 with first-quarter revenue of $2.71 billion, up 35.1% year-over-year and 8.9% sequentially. That top-line growth was driven by strong demand for cloud networking infrastructure, data centers, and artificial intelligence.
Analysts at Truist were moved by that top-line performance, raising the firm’s price target on the stock from $161 to $175 with a “Buy” rating. They viewed the post-Q1 sell-off as an attractive buying opportunity.
Arista Networks, Inc. (NYSE:ANET) demonstrated continued operating leverage despite supply chain and macro uncertainty, posting a record non-GAAP operating margin of 47.8% and non-GAAP EPS of $0.87. During the quarter, management placed a strong emphasis on driving the adoption of AI-driven networking solutions, including its new XPO high-density liquid-cooled pluggable optics, designed to increase AI infrastructure efficiency and reduce data center rack use by up to 75%.
Those efforts proved fruitful, with a net promoter score of 89, reflecting strong enterprise satisfaction and continued share gains in high-performance networking.
Looking ahead, Arista Networks, Inc. (NYSE:ANET) guided for Q2 2026 revenue of $2.8 billion, a non-GAAP operating margin of 46% to 47%, and a non-GAAP EPS of $0.88. Those projections point to steady growth and expanded profitability, with management saying demand is outpacing the company’s supply in 2026.
Arista Networks, Inc. (NYSE:ANET) is a computer hardware company that develops client-to-cloud networking solutions for AI, data center, campus, and routing environments.
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.
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