Investors looking for a potentially serious upward swing might want to look to cloud networking stock Arista Networks (ANET), as two analysts came out in favor of the stock at about the same time. Analysts from Bank of America and Goldman Sachs recently had good things to say about this one. Though not everyone proved so certain. Investors took a pass, meanwhile, and sent Arista shares down nearly 7% in Wednesday afternoon’s trading.
A report from CNBC brought out word from Goldman Sachs analyst Michael Ng—who has a four-and-a-half star rating on TipRanks—and from Bank of America analyst Tal Liani, who has five stars. Ng kept his Buy rating firmly in place, though did dial back the price target a bit from $130 to $115, noting that the tariff picture was going to keep Arista in uncertain territory for the second half of the year since much of its production is in Mexico. However, a general rise in artificial intelligence trading was going to give Arista a healthy boost.
Liani, meanwhile, downplayed the tariff impact a bit, noting that Arista has already proven its ability to compete in several spaces, including white box switching. And with cloud titans like Amazon (AMZN) already on board as customers, Arista has set itself up as a world-class option in a field where customers are visibly paying more.
Meanwhile, A Bit Less Sure
The good news for Arista is that even those who are not quite so sure about Arista’s future are still looking for at least some good out of it. Barclays, via analyst Tim Long—who has a five-star rating on TipRanks—kept an Overweight rating on Arista, but pared back the price target from $126 per share to $116 instead.
Long noted that first-quarter earnings turned out wonderfully, beating both internal guidance and analyst projections. And second quarter earnings also offered upbeat projections. Though Arista did not update 2025 guidance mostly due to the tariffs, Long noted, Arista management seems particularly upbeat about 2026.
Is Arista a Good Stock to Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on ANET stock based on 10 Buys and three Holds assigned in the past three months, as indicated by the graphic below. After a 15.87% rally in its share price over the past year, the average ANET price target of $111.17 per share implies 31.38% upside potential.
