Arista Networks (NYSE: ANET) reported strong Q2 results, with revenue up 37.7% and EPS up 39.7%. Analysts raised price targets, stock up 12.5% pre-market.

Arista Networks (ANET) to release Q2 earnings on Aug. 4, analysts expect 89 cents/share and $2.83B revenue. Analyst ratings and price targets available on Benzinga.com.

Arista stock jumped as Q2 earnings and revenue handily beat estimates amid strong demand for AI cloud computing networking gear.