Why Shares of Arista Networks Are Skyrocketing This Week

By Scott Levine – Apr 10, 2026 at 4:00AM ESTKey PointsIn addition to upgrading Arista stock, an analyst boosted his price target earlier this week.The analyst believes Arista can achieve year-over-year sales growth of 40% over the next two years.After climbing 4.9% last week, Arista Networks (ANET +0.27%) shares have continued to rise over the past few days. Shares soared earlier this week after investors learned of an analyst's increasingly bullish outlook on the edge computing stock, and the buying frenzy has shown no signs of slowing. According to data provided by S&P Global Market Intelligence, shares of Arista are up 15.7% from the end of trading last Friday through the close of Thursday's market session. Image source: Getty Images. More than one factor has an analyst seeing greater upside to Arista stock Upgrading it to buy from hold, Mike Genovese, a Rosenblatt analyst, raised his price target on Arista stock Tuesday to $180 from $165. Based on Arista's closing price of $126.25 on Monday, Genovese's price target implies upside of almost 43%. ExpandNYSE: ANETArista NetworksToday's Change(0.27%) $0.39Current Price$145.46Key Data PointsMarket Cap$184BDay's Range$141.17 - $146.1852wk Range$66.59 - $164.94Volume196KAvg Vol7.9MGross Margin64.06% According to Thefly.com, Genovese based his increasing optimism for Arista stock on growing confidence that the company's newly announced XPO module will be a success. The XPO liquid-cooled optics module is specifically designed for artificial intelligence (AI) networking. Moreover, with the company securing key partnerships with Anthropic and Alphabet's Google, Genovese believes that Arista could grow year-over-year revenue 40% in 2026 and 2027. Shares are trading at a premium, but that doesn't make them undesirable Trading at 53.1 times trailing earnings, shares of Arista are changing hands at a premium to their five-year average P/E of 41.2. With the steeper valuation, some might be inclined to dismiss the stock as a potential buy, but that would be unwise. One of the leading edge computing stocks available to investors, Arista is a great consideration for those seeking a stalwart tech stock.Read NextApr 7, 2026 •By Eric VolkmanWhy Arista Networks Stock Crushed it on TuesdayApr 2, 2026 •By Danny Vena, CPAHere's Why Arista Networks (ANET) is the First Stock I've Purchased in 2026Mar 29, 2026 •By Adam LevyThis Artificial Intelligence (AI) Stock Could Handily Outperform Management's Own Guidance.

Buy It Now.Mar 27, 2026 •By Manali Pradhan, CFAThe 1 Reason Arista Networks Is Quietly Winning the AI Race in 2026Mar 15, 2026 •By Scott LevineBest 5G Stocks for 2026 and How to InvestMar 12, 2026 •By Scott Levine7 Best Cloud Computing ETFs to Buy for 2026About the AuthorScott Levine is a contributing Motley Fool stock market analyst covering energy, industrials, technology, and materials. He is also a high school English teacher and a small business owner. He holds a bachelor’s degree in English and creative writing from Binghamton University, a master’s degree in secondary education from Adelphi University, and an advanced certificate in school building leadership from CUNY Queens College. A crossword puzzle enthusiast, he has solved more than 3,100 New York Times puzzles with a 97% solve rate.TMFProudMonkeyX@TMFProudMonkeyStocks MentionedArista NetworksNYSE: ANET$145.46(+0.27%)+$0.39*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.