Trade 142

SKIP ANET

4.29999999999999982236431605997495353221893310546875 shares at $0.00 on 2026-02-16

Reasoning

ANET thesis confirmed with strong Q4 beat and Q1 guidance crush. Goldman PT $188 (23% upside) provides favorable risk/reward. AI networking infrastructure demand is secular and less tariff-sensitive than other semiconductors. Entry at current ~$152 is reasonable; execute modest position ($650 = 4.3 shares at $152) to diversify out of pure-play chip names. This is a lower-volatility AI infrastructure play less exposed to Supreme Court tariff ruling uncertainty. Confidence in execution is high given recent earnings confirmation.

Thesis

ANET CONFIRMED: Strong Q4 beat (EPS $0.82 vs $0.76, revenue $2.487B vs $2.38B est) and Q1 guidance $2.6B crushing $2.448B consensus. Goldman raised PT to $188, Evercore raised PT higher. Multiple analysts calling it 'strong leverage to AI investment cycle.' Gross margins held at 62-63%. S&P 500 bounced on tame CPI today but ANET likely already priced in some of the beat. Goldman PT $188 provides significant upside. This is the clear AI networking winner. (long, high confidence)

Cited evidence

Theses

• ANET long — ANET CONFIRMED: Strong Q4 beat (EPS $0.82 vs $0.76, revenue $2.487B vs $2.38B est) and Q1 guidance $2.6B crushing $2.448…