Arista Ushering in the 1.6T Era with Industry-Leading Products and Entering the New Paradigm of Rack-Scale AI Ethernet Fabrics; Reiterate OW

Research evidence excerpt

Arista Ushering in the 1.6T Era with Industry-Leading Products and Entering the New Paradigm of Rack-Scale AI Ethernet Fabrics; Reiterate OW

J P M O R G A N North America Equity Research

09 June 2026

Arista

Ushering in the 1.6T Era with Industry-Leading Overweight

Products and Entering the New Paradigm of Rack- ANET, ANET US

Scale AI Ethernet Fabrics; Reiterate OW Price (09 Jun 26):$152.16

Price Target (Dec-26):$200.00

IT Hardware/ Telecom & Networking

Equipment

Samik Chatterjee, CFA AC

(1-212) 622-0798

samik.x.chatterjee@jpmorgan.com

Arista announced the 7060XE7 series of 1.6T switches, which will further Marc Vitenzon

emphasize its leadership in the next technology generation cycle for Ethernet (1-212) 622-3342

marc.vitenzon@jpmchase.com

switching, with the earliest of the products shipping in 4Q26 and putting the

Joseph Cardoso

company in a leadership position in relation to product availability. Arista

(1-212) 622-9036

highlighted customer engagement on the 1.6T platform with key hyperscale joseph.cardoso@jpmchase.com

customers, including Meta, Microsoft, and Oracle, which will serve to reinforce Manmohanpreet Singh

opportunities relative to market share gains with key Cloud Titan customers. With (1-212) 622-4527

today's announcement, Arista is positioning itself to be an integral part of rack- manmohanpreet.singh@jpmchase.com

scale architectures for AI scale-out and scale-up via its 1.6T 7060XE7 Series of Akanksh Chauhan

switches, based on Broadcom's Tomahawk 6 silicon and EOS (or Open NOS for (1-212) 622-0045

white-box customers), supporting Linear Pluggable Optics (LPO) and liquid akanksh.chauhan@jpmorgan.com

cooling. Arista's 1.6T Ethernet switch family represents one of the first production- J.P. Morgan Securities LLC