On January 4, 2026, Piper Sandler upgraded Arista Networks, Inc. (NYSE:ANET) to 'Overweight' and increased its price target from $145 to $159. The firm described 2026 as the "Year of Refresh," pointing to the company's growing involvement with hyperscalers, AI-related investments, and clearer enterprise demand signals.
Two days later, on January 6, 2026, KeyBanc Capital included Arista Networks in its list of top investment ideas for the Communications and IT Infrastructure sectors. KeyBanc assigned an 'Overweight' rating and set a price target of $170.00, noting that an accelerating AI infrastructure build cycle is favorable for networking firms.
As of January 12, 2026, more than 90% of analysts maintain a bullish view on Arista Networks. The consensus price target stands at $164.00, suggesting an approximate 33.50% upside potential.
Arista Networks develops cloud networking solutions, which include its EOS software, Gigabit Ethernet switching products, routing platforms, and network software services. The company's performance is supported by large enterprise accounts and ongoing capital expenditure trends, according to analyst reports.