Shares of red hot Aruba Networks (NASDAQ:

) have risen another 3% during Thursday's trading session to $25.57. Over the last 3 months, ARUN shares have surged almost 24%. The company currently has a market cap of $2.52 billion, but has yet to turn a profit. Aruba Networks (

) is currently trading at a forward P/E of 39, and a PEG ratio of 1.80. The median Wall Street price target on the stock is $24.00 with a high target of $27.00. Aruba Networks, Inc. connects local and remote users to corporate information technology (

) resources via distributed enterprise networks. The Company's portfolio of campus, branch office, teleworker, and mobile solutions simplify operations and provide secure access to all corporate applications and services regardless of a user's device, location, or network.