Arista Networks (ANET)
NYSE:ANET
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ANET Stock Chart & Stats
$164.23
-$0.35(-0.30%)
At close: 4:00 PM EST
$164.23
-$0.35(-0.30%)
Day’s Range― - ―
52-Week Range$85.58 - $179.80
Previous CloseN/A
Volume1.70M
Average Volume (3M)11.36M
Market Cap
$220.78B
Enterprise Value$198.01B
Total Cash (Recent Filing)$12.35B
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)59.3
Beta2.04
Next Earnings
Aug 03, 2026EPS Estimate
0.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.96
Shares Outstanding1,259,202,600
10 Day Avg. Volume10,148,231
30 Day Avg. Volume11,361,344
Financial Highlights & Ratios
PEG Ratio2.05
Price to Book (P/B)13.32
Price to Sales (P/S)18.30
P/FCF Ratio38.76
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue20.39
Enterprise Value/Gross Profit32.10
Enterprise Value/Ebitda46.99
Forecast
1Y Price Target
$187.53Price Target Upside14.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)3.63
Revenue Forecast (FY)$11.59B
Bulls Say, Bears Say
Bulls Say
Profitability & Cash GenerationIndustry-leading margins and very strong free cash flow provide durable internal funding for R&D, product launches, and strategic investments. High cash conversion and FCF levels underpin capital allocation flexibility and resilience through demand cycles without relying on external financing.
Conservative Balance SheetNear-zero leverage materially lowers financial risk and provides operational optionality. With minimal debt the company can fund multi-year inventory builds, absorb supply premiums, and pursue opportunistic investments while preserving credit capacity and protecting returns in downturns.
AI & Product LeadershipClear product and ecosystem advantages in high-speed and AI networking create durable addressable-market growth. Strong customer adoption, vendor endorsements, and scaled AI targets support sustainable revenue expansion as cloud and AI fabrics drive long-term demand for differentiated platforms.
Bears Say
Supply-Chain Constraints & CommitmentsMulti-year purchase commitments and elevated inventory tie up capital and expose margins if component prices fall or demand shifts. Prolonged supply scarcity forces premium procurement and raises the risk of inventory obsolescence or write-downs, pressuring durable cash returns.
Deferred Revenue & Recognition VolatilityLonger qualification and acceptance timelines create lumpy revenue recognition and reduce forecasting visibility. Structural delays in converting backlog to revenue complicate capacity planning and can cause multi-quarter volatility in reported growth and operating metrics.
Margin Pressure From Mix And Supply PremiumsPersistent higher procurement costs and adverse product mix can compress gross margins over time if not fully passed to customers. Given the company's reliance on hardware attach rates, sustained margin erosion would reduce free cash flow and limit reinvestment or shareholder returns.
Arista Networks News
ANET FAQ
What was Arista Networks’s price range in the past 12 months?
Arista Networks lowest stock price was $85.58 and its highest was $179.80 in the past 12 months.
What is Arista Networks’s market cap?
Arista Networks’s market cap is $220.78B.
When is Arista Networks’s upcoming earnings report date?
Arista Networks’s upcoming earnings report date is Aug 03, 2026 which is in 60 days.
How were Arista Networks’s earnings last quarter?
Arista Networks released its earnings results on May 05, 2026. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.808 by $0.062.
Is Arista Networks overvalued?
According to Wall Street analysts Arista Networks’s price is currently Undervalued.
Does Arista Networks pay dividends?
Arista Networks does not currently pay dividends.
What is Arista Networks’s EPS estimate?
Arista Networks’s EPS estimate is 0.88.
How many shares outstanding does Arista Networks have?
Arista Networks has 1,259,202,600 shares outstanding.
What happened to Arista Networks’s price movement after its last earnings report?
Arista Networks reported an EPS of $0.87 in its last earnings report, beating expectations of $0.808. Following the earnings report the stock price went down -13.606%.
Which hedge fund is a major shareholder of Arista Networks?
Currently, no hedge funds are holding shares in ANET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Arista Networks Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$187.53 (14.19% Upside)
$187.53 (14.19% Upside)
Blogger Sentiment
Bullish
ANET Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 9.7%
Last 30 Days ▲ 9.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
95.28%
12-Months-Change
Fundamentals
Return on Equity
30.58%
Trailing 12-Months
Asset Growth
49.20%
Trailing 12-Months
Company Description
Arista Networks
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
ANET Company Deck
ANET Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong commercial and financial momentum: high revenue growth (Q1 revenue +35.1% YoY), robust profitability, record operating cash flow, a raised full-year revenue target and an increased AI sales target. Product and market advances (number-one share >10GbE, >100 vendors endorsing XPO, numerous enterprise and cloud wins) support durable demand. Key concerns centered on industry-wide supply constraints (extended lead times, higher procurement costs), gross margin pressure from mix and supply premiums, deferred revenue/acceptance timing volatility, and elevated purchase commitments and inventory. Overall, the positives (growth, profitability, cash, AI traction, product leadership) outweigh the operational and supply-chain headwinds, but management expects supply-driven volatility in near-term quarters.View all ANET earnings summariesANET Revenue Breakdown
84.13% Product
15.87% Service
ANET Stock 12 Month Forecast
Average Price Target
$187.53
▲(14.19% Upside)
Technical Analysis
Ownership Overview
17.07% Insiders
18.03% Mutual Funds
11.93% Other Institutional Investors
32.84% Public Companies and Individual Investors