Arista Networks Surges 5.34% in Trading Volume Ranking 71st with $1.163 Billion

On May 13, 2025, Arista Networks (ANET) saw a trading volume of $1.163 billion, ranking 71st in the day's market activity. The stock surged by 5.34%, marking its second consecutive day of gains, with a total increase of 12.40% over the past two days.

Citi has raised its price target for Arista Networks (ANET) to $112 from $97, while maintaining a Buy rating on the shares. This adjustment reflects the firm's optimism about the company's market position and growth prospects.

Wall Street analysts have set an average price target of $108.08 for ANET, suggesting a potential upside of 25% from current levels. This optimistic outlook is driven by the company's strong performance in the AI-driven cloud market and its increasing market share.

Analysts' mean price target for ANET stands at $109.49, indicating an 18.6% premium to current price levels. The street-high target of $130 suggests a 40.8% upside potential, highlighting the bullish sentiment surrounding the stock.

Arista Networks has outperformed the market over the past decade, delivering an average annual return of 36.57%. This strong performance is attributed to the company's innovative solutions and strategic positioning in the networking industry.