Morgan Stanley raised its Arista Networks price target to $180 from $165 on May 11, 2026. The firm maintained an Overweight rating on the stock. Needham analysts also reiterated a Buy rating, joining a series of bullish calls.
Arista's stock faced significant selling pressure following its May 5 first-quarter earnings report. The company beat both earnings and revenue estimates during that period. Investors sold shares due to concerns regarding ongoing supply chain constraints.
Analysts view the recent price decline as a market overreaction. The commentary highlights Arista's strong market position and long-term growth trajectory.