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Arista Networks, Inc. (NYSE:ANET) is one of the

9 Most Profitable Tech Stocks to Buy Right Now.

On May 7, Barclays bumped up the price target for Arista Networks, Inc. (NYSE:ANET) to $195 from $184. It retained an “Overweight” rating on the stock.

On May 5, Arista Networks, Inc. (NYSE:ANET) reported revenue of $2.709 billion for Q1 2026, going up by 35.1% year over year and 8.9% sequentially, the company said. It had $1.69 billion in operating cash flow alongside that growth.

The company held margins flat YoY, with GAAP and non-GAAP operating margins of 42.7% and 47.8%, respectively. Meanwhile, Arista extended earnings growth, with GAAP EPS of $0.80 and non-GAAP EPS of $0.87, up from $0.64 and $0.66 a year earlier.

CFO Chantelle Breithaupt said the company delivered “35% revenue growth alongside $0.87 non-GAAP EPS,” with disciplined execution despite macro and supply chain volatility. CEO Jayshree Ullal said that the firm’s results and net promoter score of 89 signal a “strong start” for 2026.

Arista Networks, Inc. (NYSE:ANET) creates, promotes, and sells cloud networking technologies. Its solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms.

While we acknowledge the potential of ANET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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