Baron Technology Fund Reestablished a Position in Arista Networks (ANET) in Q3

In its third-quarter 2025 capitalist letter, Baron Technology Fund highlighted stocks specified arsenic Arista Networks, Inc. (NYSE:ANET). Arista Networks, Inc. (NYSE:ANET) is simply a exertion institution that engages successful the improvement and organisation of data-driven, client-to-cloud networking solutions. The one-month instrumentality of Arista Networks Inc (NYSE:ANET) was -1.10%, and its shares gained 38.80% of their worth implicit the past 52 weeks. On November 10, 2025, Arista Networks Inc. (NYSE:ANET) banal closed astatine $137.26 per share, with a marketplace capitalization of $172.849 billion.

Baron Technology Fund stated the pursuing regarding Arista Networks Inc (NYSE:ANET) successful its 3rd 4th 2025 capitalist letter:

"This quarter, we re-established a presumption successful Arista Networks Inc (NYSE:ANET), a starring supplier of high-performance networking solutions for information centers, unreality providers, and enterprises. Arista’s precocious switching and routing platforms, powered by its proprietary software, connection enhanced scalability, automation, and flexibility. The institution generates gross done hardware income bundled with bundle and post-contract enactment services, serving large unreality players similar Microsoft, Meta, and Oracle, on with a increasing scope of endeavor customers. We are witnessing an unprecedented buildout of AI infrastructure, wherever networking is becoming an progressively captious component. While NVIDIA offers a broad exertion stack for AI information centers, Arista stands retired arsenic the starring networking institution with best-in-class Ethernet solutions. Its products not lone interconnect servers wrong information centers and nexus aggregate information centers unneurotic but volition besides widen to emerging architectures that link AI accelerators wrong the rack. We judge Arista is good positioned to seizure a meaningful stock of the information halfway networking stack arsenic AI clump builders prioritize show optimization and vendor diversification."

Arista Networks Inc (NYSE:ANET) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 81 hedge money portfolios held Arista Networks Inc (NYSE:ANET) astatine the extremity of the 2nd quarter, up from 75 successful the erstwhile quarter. In the 3rd 4th of 2025, Arista Networks Inc (NYSE:ANET) reported gross of $2.3 billion, up 27.5% year-over-year, exceeding expectations. While we admit the imaginable of Arista Networks Inc (NYSE:ANET) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.