Arista Networks Price Target Raised to $190 with 7060XE7 AI Platform Launch
ANET•Morgan Stanley lifted its Arista Networks price target to $190, implying a 21.5% upside from its $156.40 share level. Arista’s new 7060XE7 Series Ethernet platform delivers up to 100 Tbps for AI workloads and counts Meta, Microsoft and Oracle among its initial customers.
1. Morgan Stanley Price Target Increase
Morgan Stanley raised its price target for Arista Networks to $190, implying a 21.5% upside from the $156.40 share level. This adjustment reflects the bank’s positive outlook on the company’s ability to capture AI infrastructure market share.
2. New AI-Focused 7060XE7 Ethernet Platform
Arista Networks introduced the 7060XE7 Series, a high-speed Ethernet platform designed to support AI workloads with up to 100 terabits per second of switching capacity. The platform’s low latency and scalable architecture address growing data center demands.
3. Early Adoption by Meta, Microsoft and Oracle
Major technology firms Meta, Microsoft and Oracle have begun deploying the 7060XE7 Series in their data centers, highlighting strong market validation. These initial customer wins underscore the platform’s relevance for large-scale AI and cloud environments.
4. Robust Financial Profile and Guidance
Arista Networks operates with zero debt and reported over 35% year-over-year revenue growth in the first quarter of fiscal 2026. The company has raised its full-year guidance twice, reflecting confidence in sustained demand for its AI-focused networking solutions.
