KeyBanc analyst Brandon Nispel raised the firm’s price target on Arista Networks to $145 from $115 and keeps an Overweight rating on the shares. The firm notes Q2 results demonstrated AI demand, expanding opportunity from the NeoClouds, and traction in the Enterprise/Campus market. KeyBanc thinks that with Meta (META)/Microsoft (MSFT) capex expected to continue ramping; overall Hyperscale cloud capex expected to rise over 50% in 2025 and more than 20% in 2026; and increased levels of opportunity from emerging segments, Arista (ANET) appears well positioned.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ANET:
- Arista Networks price target raised to $150 from $130 at JPMorgan
- Arista Networks price target raised to $160 from $137 at Melius Research
- Arista Networks Reports Strong Q2 2025 Financial Results
- Closing Bell Movers: Snap down 17%, Super Micro down 16% on earnings
- Arista Networks reports Q2 adjusted EPS 73c, consensus 65c