Arista Networks (ANET) is experiencing a surge in analyst upgrades driven by its AI data center innovations and strong revenue growth, with the stock gaining over 30% in the last three months. The upcoming Q2 earnings report will be released on August 5, with expectations of a 25% increase in sales to $2.11 billion and earnings per share (EPS) rising by 25% to $0.65.
Since 2020, Arista’s revenue has increased over 200%, with current projections indicating a 19% growth this year and a further 17% by fiscal 2026, reaching $9.76 billion. The company has consistently exceeded sales estimates for 22 consecutive quarters and has maintained a Zacks Rank #1 (Strong Buy).
For the upcoming fiscal years, analysts forecast a 13% increase in earnings for FY25, with FY26 EPS expected to reach $2.97, indicating positive trends in earnings estimates.
