Aaron Rakers, an analyst from Wells Fargo, maintained the Buy rating on Arista Networks (ANET – Research Report). The associated price target remains the same with $125.00.
Aaron Rakers has given his Buy rating due to a combination of factors including Arista Networks’ strong financial performance and strategic positioning in the AI sector. Despite uncertainties related to tariffs in the second half of 2025, Arista has maintained its 2025 guidance with a projected revenue growth of 17% year-over-year, and solid gross and EBIT margins. The company plans to manage potential tariff impacts through supply chain optimization and possible price adjustments.
Additionally, Arista’s deferred revenue has shown significant growth, indicating strong customer momentum and an inflection point in AI network deployments. The company has also expanded its visibility in the AI market, with key customers progressing in their deployments, which supports the long-term growth thesis. These factors, combined with Arista’s ability to exceed earnings expectations, underpin Rakers’ positive outlook on the stock.
In another report released today, Morgan Stanley also maintained a Buy rating on the stock with a $100.00 price target.