30 Best AI Stocks to Buy According to Billionaires

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

Number of Hedge Fund Holders: 78

Number of Billionaire Investors: 17

Value of Billionaire Holdings: $2 Billion 

Arista Networks, Inc. (NYSE:ANET) engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments. Despite experiencing slower initial traction in AI revenue compared to peers, the firm is expected to benefit from the widespread adoption of Ethernet by Tier 1 hyperscalers and Tier 2 cloud companies this year. The company recently revised its 2025 revenue growth outlook to 17% or $8.2 billion, up from the initial guidance range of 15% to 17%. This optimism reflects strong demand across AI, cloud, and enterprise sectors. For Q1 2025, the revenue guidance is $1.93 billion to $1.97 billion, with a gross margin estimate of approximately 63% and operating margin at 44%. UBS has a Buy rating on the stock with a price target of $115.

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