15 Trending AI Stocks on Latest Analyst Ratings and News

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

Number of Hedge Fund Holders: 65

Arista Networks, Inc. (NYSE:ANET) is an American computer networking company engaged in the development, marketing, and sale of cloud networking solutions. The company’s products are especially relevant for hyperscalers who are ramping up their data center infrastructure to scale their cloud computing capabilities.

On November 1st, Meta Marshall from Morgan Stanley maintained a “Buy” rating on Arista Networks with a price target of $410.00. The analyst rating is derived from a number of factors that highlight the company’s potential for growth. Even though the company’s upcoming quarterly report demonstrates a lack of catalysts, the company maintains a strong position due to its conservative management and long-term opportunities in the networking sector, which is particularly appealing in a volatile market environment.

Moreover, while there is no change in the 2025 guidance or even in AI revenue targets, positive remarks in these areas could act as a catalyst for stock appreciation. There is an anticipation of a top-line beat in the upcoming earnings report signifying a potential recovery from recent stock declines, combined with the company’s advancements in AI trials, supporting the Buy rating.