The company reported a strong quarterly earnings beat, surpassing projections. Following the results, Piper Sandler raised its price target and maintained an Overweight rating. The firm also raised its fiscal 2026 AI revenue guidance, citing robust demand for its Ethernet-based AI data center networking solutions. Analysts and commentators are bullish on its long-term growth, viewing it as a key beneficiary of the data center and AI infrastructure build-out, with one analyst seeing over 50% upside potential.