10 Most Oversold Data Center Stocks to Buy According to Analysts

6. Arista Networks Inc (NYSE:ANET)

YTD returns: -16%

Potential Upside: 35%

Number of Hedge Fund Holders: 78

Arista Networks Inc. (NYSE:ANET) specializes in data-driven, client-to-cloud networking solutions for large-scale AI, data center, campus, and routing environments. The company’s core offerings include its Extensible Operating System (EOS), ultra-low latency Ethernet switches, routers, and software-defined networking solutions, which are widely utilized by hyperscale cloud providers, financial institutions, and telecommunications companies.

Year-to-date, Arista Networks Inc. (NYSE:ANET) shares have declined 16%, with the sharpest drop occurring after January 24, when the emergence of the Chinese GenAI model DeepSeek caused significant disruption in the technology sector. Despite the stock’s muted performance, Arista remains a key player in the data center industry. Its data-driven cloud networking platforms allow data center networks to scale efficiently, supporting hundreds of thousands of physical servers and millions of virtual machines with minimal switching tiers. With the continued rise of AI adoption, the company is experiencing strong demand for its high-speed Ethernet networking solutions, particularly for large-scale data center deployments.