10 Trending AI Stocks on Investors’ Radar

5. Arista Networks, Inc. (NYSE:ANET)

Number of Hedge Fund Holders: 70

Arista Networks, Inc. (NYSE:ANET) develops, markets, and sells cloud networking solutions. On January 30, Morgan Stanley analyst Meta Marshall maintained a Buy rating on Arista Networks and retained the price target of $118.00. Arista Networks has robust prospects that have led to the reiterated buy rating. According to the firm, Celestica’s networking business, which reported a 64% year-over-year increase in the Communications segment, has been a major driver. This robust networking growth highlights a healthy demand for cloud networking, particularly in Ethernet. This, in turn, fares well for Arista Networks’ business outlook. Moreover, data center demand is expected to persist beyond 2026, further supporting the company’s growth outlook. The expected increase in demand for training and inference use cases also reinforces the Buy rating, reflecting on the company’s ability to maintain a strong market presence and deliver value to investors.