Arista Networks, Inc. (ANET)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Arista Networks, Inc. (ANET) trades at $159.99 with AI Score 90/100 (Grade A+). Arista Networks, Inc. specializes in cloud networking solutions, offering extensible operating systems and high-speed Ethernet switching platforms. Market cap: $201.45B, Sector: Technology.
Price live · AI analysis from May 9, 2026ANET stock analysis for 2026: Analysts have set a consensus price target of $179.09 for Arista Networks, Inc., suggesting 11.9% upside from the current price of $159.99. The AI MoonshotScore is 90/100, indicating a strong bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
ANET: 5/8 perspectives are bullish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Arista Networks, Inc. (ANET) Technology Profile & Competitive Position
Arista Networks, Inc. is a leading provider of cloud networking solutions, distinguished by its high-performance Ethernet switching and routing platforms and extensible operating systems. Serving diverse sectors like internet, finance, and government, Arista competes in the dynamic computer hardware industry with a focus on innovation and scalability.
What Is the Investment Thesis for ANET?
Arista Networks presents a compelling investment case based on its strong market position and growth prospects within the cloud networking sector. With a profit margin of 38.3% and a gross margin of 63.5%, Arista demonstrates robust profitability. The company's focus on high-performance Ethernet switching and routing platforms positions it favorably to capitalize on the increasing demand for cloud infrastructure. Key catalysts include ongoing expansion into new markets and continued innovation in its product offerings. However, potential risks include intense competition and the cyclical nature of technology spending. The high P/E ratio of 51.4 warrants careful consideration.
Based on FMP financials and quantitative analysis
ANET Key Highlights
- Market capitalization of $201.45B reflects investor confidence in Arista's growth potential.
- Profit margin of 38.3% indicates strong operational efficiency and pricing power.
- Gross margin of 63.5% highlights the value-added nature of Arista's cloud networking solutions.
- Beta of 1.46 suggests higher volatility compared to the overall market.
- Arista Networks does not offer a dividend, reinvesting earnings for growth.
Who Are ANET's Competitors?
ANET is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| LRCX Lam Research Corporation | $351.41 | -10.19% | $439.46B | 98 |
| AMAT Applied Materials, Inc. | $603.04 | -7.35% | $478.79B | 92 |
| QCOM QUALCOMM Incorporated | $176.25 | -3.12% | 186B | 79 |
| APP AppLovin Corporation | $527.06 | -6.65% | $177.06B | 98 |
| APH Amphenol Corporation | $164.59 | -4.43% | $202.48B | 75 |
| WDC Western Digital Corporation | $539.00 | -9.92% | $185.78B | 75 |
| QBTS D-Wave Quantum Inc. | $22.54 | -4.11% | $8.28B | 66 |
| IONQ IonQ, Inc. | $49.12 | -4.44% | $18.34B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ANET's Key Strengths?
- Strong market position in cloud networking.
- High gross and profit margins.
- Innovative technology and product offerings.
- Experienced management team.
What Are ANET's Weaknesses?
- High P/E ratio may indicate overvaluation.
- Dependence on specific industries and customers.
- Limited dividend payout.
- Susceptible to economic cycles.
What Could Drive ANET Stock Higher?
- Continued adoption of cloud computing driving demand for Arista's solutions.
- Potential new product launches in the Ethernet switching and routing space.
- Expansion into emerging markets with high growth potential.
- Strategic partnerships to enhance product offerings and market reach.
What Are the Key Risks for ANET?
- Rich valuation — a P/E of 51.4 runs well above the Technology sector’s ~38x, leaving little room for a miss.
- Insider selling — insiders were net sellers of roughly $4.0M recently.
- Intense competition from established networking vendors.
- Rapid technological changes and disruptions in the industry.
- Economic downturns and reduced IT spending impacting demand.
- Cybersecurity threats and data breaches compromising network security.
What Are the Growth Opportunities for ANET?
- Expansion into adjacent markets: Arista Networks can leverage its expertise in cloud networking to expand into adjacent markets, such as edge computing and 5G infrastructure. The edge computing market is projected to reach $43 billion by 2027, presenting a significant growth opportunity for Arista. By adapting its solutions to meet the specific requirements of edge environments, Arista can tap into this rapidly expanding market segment.
- Strategic partnerships and acquisitions: Arista Networks can pursue strategic partnerships and acquisitions to enhance its product portfolio and expand its market reach. Collaborating with complementary technology providers can enable Arista to offer more comprehensive solutions and address a wider range of customer needs. Targeted acquisitions can provide access to new technologies and markets, accelerating Arista's growth trajectory.
- Continued innovation in product offerings: Arista Networks can maintain its competitive edge by continuing to invest in research and development and innovating its product offerings. Developing new features and capabilities for its Ethernet switching and routing platforms can attract new customers and retain existing ones. Focusing on areas such as artificial intelligence and machine learning can further enhance the value proposition of Arista's solutions.
- Geographic expansion: Arista Networks can expand its geographic presence by targeting emerging markets with high growth potential. Countries in Asia-Pacific and Latin America are experiencing rapid adoption of cloud computing, creating significant opportunities for Arista to expand its customer base. Adapting its solutions to meet the specific needs of these markets can drive further growth.
- Enhanced customer support services: Arista Networks can enhance its customer support services to improve customer satisfaction and loyalty. Providing proactive support, personalized training, and responsive technical assistance can differentiate Arista from its competitors and foster long-term customer relationships. Investing in customer success programs can also help customers maximize the value of Arista's solutions.
What Opportunities Does ANET Have?
- Expansion into new markets and geographies.
- Strategic partnerships and acquisitions.
- Continued innovation in product development.
- Growing demand for cloud networking solutions.
What Threats Does ANET Face?
- Intense competition from established players.
- Rapid technological changes and disruptions.
- Economic downturns and reduced IT spending.
- Cybersecurity threats and data breaches.
What Are ANET's Competitive Advantages?
- Technological innovation: Arista's focus on developing cutting-edge cloud networking solutions provides a competitive advantage.
- Strong customer relationships: Arista's commitment to customer support and satisfaction fosters long-term relationships.
- Scalable architecture: Arista's solutions are designed to scale to meet the growing demands of cloud environments.
- Extensible operating system: Arista's EOS provides a flexible and programmable platform for network management.
What Does ANET Do?
Arista Networks, Inc., founded in 2004 and headquartered in Santa Clara, California, has emerged as a prominent player in the cloud networking solutions market. Originally named Arastra, Inc., the company rebranded to Arista Networks, Inc. in October 2008, signaling its strategic focus on networking solutions. The company develops, markets, and sells cloud networking solutions across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Arista's core offerings include extensible operating systems, a comprehensive suite of network applications, and high-performance gigabit Ethernet switching and routing platforms. These solutions are designed to meet the evolving needs of modern data centers and cloud environments. Beyond its core product offerings, Arista provides post-contract customer support services, encompassing technical assistance, hardware repair and replacement, bug fixes, patches, and upgrade services. Arista serves a broad spectrum of industries, including internet companies, service providers, financial services organizations, government agencies, and media and entertainment companies. The company employs a multi-faceted sales and marketing strategy, leveraging distributors, system integrators, value-added resellers, and original equipment manufacturer partners, alongside its direct sales force, to reach its diverse customer base.
What Products and Services Does ANET Offer?
- Develops and markets cloud networking solutions.
- Offers extensible operating systems for network management.
- Provides gigabit Ethernet switching and routing platforms.
- Delivers network applications for various industries.
- Offers post-contract customer support services.
- Provides hardware repair and parts replacement.
- Offers bug fixes, patches, and upgrade services.
How Does ANET Make Money?
- Sells cloud networking hardware and software solutions.
- Provides ongoing customer support and maintenance services.
- Generates revenue through direct sales and channel partners.
- Offers subscription-based services for software and support.
What Industry Does ANET Operate In?
Arista Networks operates in the dynamic computer hardware industry, which is experiencing rapid growth driven by the increasing adoption of cloud computing and data center modernization. The industry is characterized by intense competition, with companies vying for market share through technological innovation and strategic partnerships. Arista's focus on high-performance networking solutions positions it favorably within this landscape, allowing it to capitalize on the growing demand for scalable and efficient cloud infrastructure. Competitors include companies like Lam Research Corporation and Applied Materials, Inc., each with their own strengths and market focus.
Who Are ANET's Key Customers?
- Internet companies requiring scalable network infrastructure.
- Service providers needing high-performance routing solutions.
- Financial services organizations demanding low-latency networks.
- Government agencies requiring secure and reliable networking.
- Media and entertainment companies needing high-bandwidth solutions.
Company Profile
Arista Networks, Inc. operates in the Computer Hardware industry within the Technology sector. It is headquartered in Santa Clara, US. The company is led by CEO Jayshree V. Ullal. ANET has traded publicly since 2014.
ROE 31%Key Financial Metrics
Return on equity for Arista Networks, Inc. stands at 30.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 17.2%, showing how much profit it generates from its asset base. ANET trades at a trailing price-to-earnings ratio of 51.44, above the Technology sector average of ~38x. Its free cash flow yield is 2.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.83 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 1.9%, the inverse of the P/E and a quick read on earnings relative to price.
ANET Valuation & Market Position
With a $201.45B market cap, Arista Networks, Inc. sits in the mega-cap segment of the market. Relative to its peer group, ANET's quantitative score of 90/100 is roughly in line with the peer average of 88/100.
Quarterly Financial Performance: Arista Networks, Inc.
Revenue for Arista Networks, Inc. came in at $2.71B during Q1 2026, a 8.9% improvement versus the preceding quarter. The company recorded net income of $1.02B, with diluted EPS of $0.80. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this mega-cap Technology company. Across the four most recent quarters, ANET averaged $0.73 in diluted EPS.
F-Score 5/9Financial Health
Arista Networks, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 17.28 places it in the safe zone, indicating low near-term bankruptcy risk.
8/8 beatsEarnings Track Record
Arista Networks, Inc. has beaten Wall Street's EPS estimate in 8 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 10.1% above estimates on average.
FY2026 estForward Outlook
Wall Street analysts project Arista Networks, Inc. revenue of about $11.59B for fiscal 2026, with EPS near $3.63. The estimate reflects 19 contributing analysts.
Net sellingInsider Activity
Over the past six months, Arista Networks, Inc. insiders filed 15 SEC Form 4 transactions — 15 sales and 0 purchases. On net that is roughly 39K shares disposed (about $4.0M), a signal worth weighing alongside the fundamentals.
ANET Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Arista's long-term growth potential, indicating that key stakeholders believe in the company's future.
- Community sentiment has shifted positively, with discussions highlighting Arista's strong positioning in the cloud networking market as demand surges.
- Analysts are optimistic about Arista's expansion plans, particularly in data centers, which are expected to drive revenue growth in the coming quarters.
- Positive developments in partnerships and collaborations have been noted, enhancing Arista's reputation and market reach.
Bear Case
- Concerns about potential supply chain disruptions have been raised, which could impact Arista's ability to meet growing demand.
- Some community discussions reflect skepticism regarding the sustainability of recent growth trends, suggesting a cautious outlook among certain investors.
- Increased competition in the networking space could pose challenges for Arista, as rivals ramp up efforts to capture market share.
- Recent earnings reports have shown mixed signals, leading to debates within the community about the company's ability to maintain momentum.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
From the Earnings Call
“More specifically, now our guidance for the second quarter is as follows: now with the added quarterly metric of diluted earnings per share, revenues of approximately $2.8 billion, gross margin between 62% and 63%, operating margin between 46% and 47% and diluted earnings per share of approximately $0.88 with approximately 1.27 billion diluted shares.”
— Chantelle Breithaupt, CFO
“Capital expenditures for the quarter were $54.5 million. We continue the construction work to build expanded facilities in Santa Clara. In Q1, we incurred approximately $40 million in CapEx related to this program and estimate it will reach $180 million in 2026.”
— Chantelle Breithaupt, CFO
ANET Q1 FY2026 earnings call transcript · 2026-05-05
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.71B | $1.02B | $0.80 |
| Q4 2025 | $2.49B | $956M | $0.75 |
| Q3 2025 | $2.31B | $853M | $0.67 |
| Q2 2025 | $2.20B | $889M | $0.70 |
Based on FMP financials and quantitative analysis
ANET Latest News
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10 Information Technology Stocks Whale Activity In Today’s Session
benzinga · Jul 3, 2026
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Zacks Investment Ideas feature highlights: JPMorgan, Sandisk, Micron Technology, Nvidia, Broadcom, AMD, Taiwan Semiconductor, Arista Networks, Meta Platforms and Microsoft
Zacks · Jul 2, 2026
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10 Information Technology Stocks Whale Activity In Today’s Session
benzinga · Jul 1, 2026
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Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
zacks.com · Jun 23, 2026
ANET Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ANET.
Price Targets
Consensus target: $179.09
ANET MoonshotScore
What does this score mean?
The MoonshotScore rates ANET's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
10 Information Technology Stocks Whale Activity In Today’s Session
Zacks Investment Ideas feature highlights: JPMorgan, Sandisk, Micron Technology, Nvidia, Broadcom, AMD, Taiwan Semiconductor, Arista Networks, Meta Platforms and Microsoft
10 Information Technology Stocks Whale Activity In Today’s Session
Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
Latest Arista Networks, Inc. Analysis
Arista Networks Shines with 2.87% Gain Amid Strong 5-Year Track Record
3 min readNasdaq Climbs 2.48% as Tech Stocks Drive Market Higher
2 min readArista Networks Gains 0.70% on Optimistic AI Networking Outlook
3 min readNasdaq Climbs 0.32% as AI Infrastructure Demand Lifts Arista Networks
2 min readNasdaq Gains 0.32% as Focus Shifts to AI Infrastructure and Nuclear Energy
4 min readLeadership: Jayshree V. Ullal
Chief Executive Officer
Jayshree V. Ullal has served as the President and CEO of Arista Networks since 2008. Prior to Arista, she held various leadership positions at Cisco Systems, including Senior Vice President of Data Center, Switching, and Services. Ullal holds a B.S. in Electrical Engineering from San Francisco State University and an M.S. in Engineering Management from Santa Clara University. She is a recipient of several industry awards and recognitions for her leadership and contributions to the networking industry.
Track Record: Under Jayshree Ullal's leadership, Arista Networks has grown from a startup to a leading provider of cloud networking solutions. She has overseen the company's successful IPO in 2014 and its subsequent expansion into new markets and product categories. Ullal has also been instrumental in fostering a culture of innovation and customer focus at Arista, driving the company's growth and profitability.
Common Questions About ANET (Technology)
What does Arista Networks, Inc. do?
Arista Networks, Inc. specializes in developing and marketing cloud networking solutions, primarily focused on high-performance Ethernet switching and routing platforms. Their solutions cater to a wide array of industries, including internet companies, service providers, and financial institutions. Arista's core offerings include its Extensible Operating System (EOS), which provides a programmable and scalable foundation for network management, along with a suite of network applications designed to optimize performance and efficiency in modern data centers and cloud environments. The company's business model revolves around selling these hardware and software solutions, coupled with ongoing customer support and maintenance services.
What do analysts say about ANET stock?
Analyst consensus on Arista Networks, Inc. reflects a generally positive outlook, driven by the company's strong growth prospects and market position in the cloud networking sector. Key valuation metrics, such as the P/E ratio of 51.4, suggest a premium valuation, indicating high expectations for future earnings growth. Analysts are closely monitoring Arista's ability to maintain its competitive edge, capitalize on emerging market opportunities, and manage potential risks associated with technological disruptions and economic cycles. The company's financial performance, particularly its revenue growth and profitability, will be critical factors in shaping analyst sentiment going forward. No buy or sell recommendations are made here.
What are the main risks for ANET?
Arista Networks, Inc. faces several key risks, including intense competition from established networking vendors, such as Cisco and Juniper Networks, which could impact its market share and pricing power. Rapid technological changes and disruptions in the industry pose another significant risk, requiring Arista to continuously innovate and adapt its product offerings to remain competitive. Economic downturns and reduced IT spending could also negatively affect demand for Arista's solutions, particularly in cyclical industries. Furthermore, cybersecurity threats and data breaches represent an ongoing risk, potentially compromising network security and damaging Arista's reputation.
What are the key factors to evaluate for ANET?
Arista Networks, Inc. (ANET) holds an AI score of 90/100 (high). P/E: 51.4x vs the S&P 500's ~20-25x. Analysts target $179.09 (+12%). Not financial advice.
How frequently does ANET data refresh on this page?
ANET prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ANET's recent stock price performance?
Arista Networks, Inc. (ANET) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong market position in cloud networking. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ANET overvalued or undervalued right now?
Arista Networks, Inc. (ANET) trades at 51.4x earnings. Analysts target $179.09 (+12%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ANET?
Before investing in Arista Networks, Inc. (ANET), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.