Where is Arista Networks (ANET) Headed According to Analysts?

Arista Networks, Inc. (NYSE:ANET) is one of the best stocks to invest in right now. On September 15, William Blair analyst Sebastien Naji reiterated a bullish stance on Arista Networks, Inc. (NYSE:ANET), giving the stock a Buy rating.

Jim Cramer on Arista Networks Inc (ANET) Stock: “I Don't Understand Why It's Down This Much”

UBS analyst David Vogt also expressed bullish sentiments for the stock, giving it a Buy rating with a price target of $155.00 on September 15.

The same day, Citi also maintained a Buy rating on Arista Networks, Inc. (NYSE:ANET) with a $176.00 price target.

The analyst consensus rating for Arista Networks, Inc. (NYSE:ANET) is a Strong Buy, and the stock’s median price target of $145.10 implies an upside of 10.27% from current levels.

Arista Networks, Inc. (NYSE:ANET) develops, markets, and sells cloud networking solutions. The company’s solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms.

Arista Networks, Inc. (NYSE:ANET) also offers various product categories, including Core, Cognitive Adjacencies, and Network Software and Services.

While we acknowledge the potential of ANET to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ANET and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.