Arista Networks Ranks 84th in Trading Volume with $14.17 Billion, AI Deal Drives Analyst Optimism

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:50 pm ET1min read

On May 30, 2025,

(ANET) saw a trading volume of $14.17 billion, ranking 84th in the day's stock market activity. The stock price increased by 0.31%.

Arista Networks is actively involved in the development, marketing, and sale of data-driven, client-to-cloud networking solutions for data centers, campus environments, and routing. The company is targeting a $750 million AI back-end deal, which has garnered significant attention from analysts.

On May 28, Redburn

Equities analyst Mike Harrison initiated coverage on Arista Networks with a "Buy" rating and a price target of $112.00. This positive outlook from Redburn Atlantic reflects the growing confidence in Arista's strategic initiatives and market position.

Citi also raised its price target for Arista Networks to $112, citing a potential $750 million AI back-end revenue opportunity. This move by Citi underscores the financial community's recognition of Arista's potential in the AI sector, which could drive future growth and stock performance.

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