LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

This tech upstart is going after a piece of Nvidia’s AI business, says Needham

Chaim Potok by Chaim Potok
September 16, 2025
in Investing
This tech upstart is going after a piece of Nvidia’s AI business, says Needham
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


New product initiatives from Arista Networks could put the company on a clear path to rival artificial intelligence darling Nvidia and others, according to Needham. Analyst Ryan Koontz, who has a buy rating on the network equipment name, increased his price target on Tuesday to $160 from $155. That reflects around 10% upside from Monday’s close. “At its Analyst Day Arista management laid out … a compelling vision for the continued transformation of the company, outlining new Cloud/AI capabilities” that target Nvidia, the analyst wrote. “We also gained strong appreciation for key new senior management hires whom we see as capable of driving the rate of change necessary to expand the company’s dominant lanes.” The analyst also cited Arista’s announcement for plans to “develop a scale-up product built on the newly released Tomahawk Ultra chip from Broadcom .” Such a development would position Arista to compete with Nvidia in the scale-up network market as opposed to the AI chip market, Koontz said. “NVIDIA currently has the dominant product in scale-up networks, with new prospective Ethernet solutions from Broadcom and AMD,” he said. “We expect Arista to complete design for its new scale-up in 2026 and enter major trials in 2027 ahead of a volume shipment ramp.” Koontz added that Arista became a major new supplier to Anthropic in 2025. He expects that to meaningfully contribute to the company’s revenue growth next year. ANET 6M mountain ANET, 6-month Most analysts are bullish on Arista, with 23 out of 28 analysts covering it having a strong buy or buy rating, per LSEG data. The remaining five have a hold rating. Needham’s bullish outlook on the stock comes as it has soared in recent months. Over the past six months, shares have risen nearly 72%, outpacing the S & P 500’s 17% gain during that same period. The stock has also jumped almost 51% over the past three months.



Source link

You might also like

History shows there’s a high chance that gold eases next week, says Carter Worth

These companies are reporting earnings next week and have momentum on their side

Three of ‘your father’s’ stocks could be some of the best AI derivative investments from here

Share30Tweet19
Previous Post

Two eVTOLs from XPeng AeroHT collide and crash during air show

Next Post

Fed bets: These stocks historically benefited the most from falling interest rates, according to Citi

Chaim Potok

Chaim Potok

Recommended For You

History shows there’s a high chance that gold eases next week, says Carter Worth
Investing

History shows there’s a high chance that gold eases next week, says Carter Worth

October 17, 2025
These companies are reporting earnings next week and have momentum on their side
Investing

These companies are reporting earnings next week and have momentum on their side

October 17, 2025
Three of ‘your father’s’ stocks could be some of the best AI derivative investments from here
Investing

Three of ‘your father’s’ stocks could be some of the best AI derivative investments from here

October 17, 2025
Latest bank turmoil turns spotlight to ‘NDFI’ lending market. What is that and should you be worried?
Investing

Latest bank turmoil turns spotlight to ‘NDFI’ lending market. What is that and should you be worried?

October 17, 2025
Next Post
Fed bets: These stocks historically benefited the most from falling interest rates, according to Citi

Fed bets: These stocks historically benefited the most from falling interest rates, according to Citi

Related News

Norwegian Cruise’s stock falls after outlook cut, as Israel-Hamas conflict leads to cancellations

Norwegian Cruise’s stock falls after outlook cut, as Israel-Hamas conflict leads to cancellations

November 1, 2023
Ditch the desk slump: Quick exercise snacks for a healthier you – London Business News | London Wallet

Ditch the desk slump: Quick exercise snacks for a healthier you – London Business News | London Wallet

February 26, 2025
Solana rally follows Bitcoin price as SOL data points to traders’ 0 target

Solana rally follows Bitcoin price as SOL data points to traders’ $200 target

November 5, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?