ANET Stock Posts Best Day In Over A Month: Analyst Upgrades To ‘Buy’ On 40% Topline Growth Potential

• Rosenblatt raised ANET’s price target to $180 from $165.
• Brokerage says Arista Networks’ XPO strategy and expected new large-customer wins will drive upside.
• Stocktwits sentiment for ANET shifts to ‘bullish’ from ‘neutral.’

Arista Networks, Inc.’s shares gained nearly 6% on Tuesday, their best session in over a month, following an upgrade from Rosenblatt Securities.

The brokerage lifted its rating on ANET to ‘Buy’ from ‘Neutral’ and raised its price target to $180 from $165 — implying a 35% upside potential from the last close — citing a healthy outlook for its AI-focused networking platforms and optical solutions, such as the newly launched XPO (eXtra-dense Pluggable Optics), as well as contracts with top hyperscalers.

ANET shares gained a further 4.3% in after-hours trading, as equities rallied following a U.S.-Iran ceasefire announcement that sent oil prices lower.

XPO Strategy, Business Visibility

Rosenblatt said its action was based on its bullish view, primarily on Arista’s XPO strategy, a next-generation networking approach unveiled in March to address the extreme thermal, power, and density requirements of hyperscale AI data centers.

Given Arista’s deferred revenue balance of $5.4 billion, the XPO strategy, and expected new large customer wins, revenue growth can exceed guidance for 25% in 2026 and 20% in 2027, the brokerage said in its note.

“We believe Arista could potentially grow topline closer to 40% in both years as it maintains high share at MSFT and META and gains share at AI networking architectural leader Google.”

Amid a rapid data center buildout and surging demand, Arista Networks has emerged as a key supplier of Ethernet switches, routers, and networking software to hyperscalers. The company recently acquired Broadcom’s VeloCloud SD-WAN portfolio and said it is on track to add a major customer this year – widely believed by analysts to be Google.

Rosenblatt previously downgraded the stock to ‘Sell’ in April 2024 and then upgraded it to ‘Neutral’ in April 2025.

Retail, Analyst View On ANET

On Stocktwits, the retail sentiment for ANET shifted to ‘bullish’ from ‘neutral,’ amid ‘high’ message volume, with several traders noting the upbeat stock signals. “$ANET long thesis intact,” a user wrote.

Currently, 29 out of 31 analysts recommend ‘Buy’ or higher, and two recommend ‘Hold,’ per Koyfin. Their average price target of $177.02 implies an over 32% upside for the stock.

As of the last close, ANET shares are up 2% year-to-date.

For updates and corrections, email newsroom[at]stocktwits[dot]com.