Arista Networks, Inc. (NYSE:ANET) is one of the best NYSE stocks to buy for long-term investment. Arista Networks, Inc. (NYSE:ANET) received several rating updates following the release of its fiscal Q1 results. On May 7, Truist lifted the price target on the stock to $175 from $161 and reiterated a Buy rating on the shares. It told investors in a research note that the company’s fiscal Q1 results showed accelerating revenue growth, and the firm sees the stock’s post-Q1 weakness as a particularly attractive buying opportunity.
Arista Networks, Inc. (NYSE:ANET) also received a rating update from Raymond James on May 15, with the firm upgrading the stock to Outperform from Market Perform and setting a price target of $164. It told investors in a research note that the company’s sales growth will improve in 2027 and beyond as it expands into new applications like scale-across and gains share in the AI backend and campus. It also stated that “thematic AI growth vectors” are emerging and playing to Arista Networks, Inc.’s (NYSE:ANET) strengths, including inference and reasoning workloads.
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. It also offers various product categories, including Core, Cognitive Adjacencies, and Network Software and Services.
While we acknowledge the potential of ANET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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