35 Trending AI Stocks on Latest Analyst Ratings and News

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

Number of Hedge Fund Holders: 65

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. Citi recently named the company as one of the primary DCI providers expected to benefit from increased data center capital expenditures in the coming months. Citi analysts claimed that the increase in DCI spend could lead to the networking firm increasing revenue by as much as 25% year over year in 2025. Much of this growth is expected to stem from Ethernet switching in artificial intelligence networks, per the investment firm. Citi increased its price target on the stock to $460 from $385 and maintained its Buy rating.

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