(ANET) Arista Networks - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US0404132054
Stock: Networking Software, Networking Hardware, Cloud Solutions, Data Centers
Total Rating 76
Risk 91
Buy Signal -0.10
| Risk 5d forecast | |
|---|---|
| Volatility | 54.0% |
| Relative Tail Risk | -10.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.24 |
| Alpha | 31.37 |
| Character TTM | |
|---|---|
| Beta | 2.380 |
| Beta Downside | 1.484 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.42% |
| CAGR/Max DD | 1.07 |
EPS (Earnings per Share)
Revenue
Risks
Technicals:
volatile
Description: ANET Arista Networks March 05, 2026
Arista Networks (ANET) develops and sells data-driven networking solutions. These solutions support AI, data center, campus, and routing environments globally. The companys core offering, Extensible Operating System (EOS), is a software-driven networking platform.
ANETs business model includes the sale of hardware and software, along with post-contract support services. The company serves diverse industries, including cloud service providers and financial institutions. The communications equipment sector is characterized by rapid technological advancements and high R&D investment.
Distribution channels include direct sales and partnerships with integrators and resellers. Understanding ANETs market position and competitive landscape is crucial; ValueRay offers tools for such analysis.
Headlines to watch out for
- Hyperscale cloud provider spending dictates data center equipment demand
- Enterprise AI infrastructure buildouts accelerate network hardware sales
- Supply chain disruptions impact component availability and production costs
- Competition from established networking vendors pressures pricing
- Regulatory scrutiny on data center energy consumption increases operational costs
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 3.51b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.22 > 0.02 and ΔFCF/TA -4.31 > 1.0 |
| NWC/Revenue: 122.3% < 20% (prev 131.1%; Δ -8.80% < -1%) |
| CFO/TA 0.22 > 3% & CFO 4.37b > Net Income 3.51b |
| Net Debt (-1.96b) to EBITDA (4.12b): -0.48 < 3 |
| Current Ratio: 3.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.28b) vs 12m ago -0.59% < -2% |
| Gross Margin: 64.06% > 18% (prev 0.64%; Δ 6.34k% > 0.5%) |
| Asset Turnover: 53.78% > 50% (prev 49.87%; Δ 3.91% > 0%) |
| Interest Coverage Ratio: -20.17 > 6 (EBITDA TTM 4.12b / Interest Expense TTM -200.7m) |
Altman Z'' 8.33
| A: 0.57 (Total Current Assets 16.39b - Total Current Liabilities 5.38b) / Total Assets 19.45b |
| B: 0.49 (Retained Earnings 9.45b / Total Assets 19.45b) |
| C: 0.24 (EBIT TTM 4.05b / Avg Total Assets 16.75b) |
| D: 1.34 (Book Value of Equity 9.46b / Total Liabilities 7.08b) |
| Altman-Z'' Score: 8.33 = AAA |
Beneish M -2.62
| DSRI: 1.29 (Receivables 1.89b/1.14b, Revenue 9.01b/7.00b) |
| GMI: 1.00 (GM 64.06% / 64.13%) |
| AQI: 1.01 (AQ_t 0.15 / AQ_t-1 0.14) |
| SGI: 1.29 (Revenue 9.01b / 7.00b) |
| TATA: -0.04 (NI 3.51b - CFO 4.37b) / TA 19.45b) |
| Beneish M-Score: -2.62 (Cap -4..+1) = A |
What is the price of ANET shares?
As of March 13, 2026, the stock is trading at USD 138.23 with a total of 4,171,399 shares traded.
Over the past week, the price has changed by -3.85%, over one month by -0.81%, over three months by +7.43% and over the past year by +67.02%.
Over the past week, the price has changed by -3.85%, over one month by -0.81%, over three months by +7.43% and over the past year by +67.02%.
Is ANET a buy, sell or hold?
Arista Networks has received a consensus analysts rating of 4.29.
Therefore, it is recommended to buy ANET.
- StrongBuy: 15
- Buy: 7
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the ANET price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 178.1 | 28.8% |
| Analysts Target Price | 178.1 | 28.8% |
ANET Fundamental Data Overview March 13, 2026
P/E Trailing = 50.6909
P/E Forward = 38.7597
P/S = 19.4926
P/B = 13.6954
P/EG = 1.9021
Revenue TTM = 9.01b USD
EBIT TTM = 4.05b USD
EBITDA TTM = 4.12b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -1.96b USD (from netDebt column, last quarter)
Enterprise Value = 164.80b USD (175.54b + (null Debt) - CCE 10.74b)
Interest Coverage Ratio = -20.17 (Ebit TTM 4.05b / Interest Expense TTM -200.7m)
EV/FCF = 38.75x (Enterprise Value 164.80b / FCF TTM 4.25b)
FCF Yield = 2.58% (FCF TTM 4.25b / Enterprise Value 164.80b)
FCF Margin = 47.22% (FCF TTM 4.25b / Revenue TTM 9.01b)
Net Margin = 38.99% (Net Income TTM 3.51b / Revenue TTM 9.01b)
Gross Margin = 64.06% ((Revenue TTM 9.01b - Cost of Revenue TTM 3.24b) / Revenue TTM)
Gross Margin QoQ = 62.86% (prev 64.56%)
Tobins Q-Ratio = 8.47 (Enterprise Value 164.80b / Total Assets 19.45b)
Interest Expense / Debt = unknown (Interest Expense 12.1m / Debt none)
Taxrate = 15.97% (181.6m / 1.14b)
NOPAT = 3.40b (EBIT 4.05b * (1 - 15.97%))
Current Ratio = 3.05 (Total Current Assets 16.39b / Total Current Liabilities 5.38b)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.48 (Net Debt -1.96b / EBITDA 4.12b)
Debt / FCF = -0.46 (Net Debt -1.96b / FCF TTM 4.25b)
Total Stockholder Equity = 11.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.97% (Net Income 3.51b / Total Assets 19.45b)
RoE = 31.01% (Net Income TTM 3.51b / Total Stockholder Equity 11.32b)
RoCE = 28.77% (EBIT 4.05b / Capital Employed (Total Assets 19.45b - Current Liab 5.38b))
RoIC = 30.05% (NOPAT 3.40b / Invested Capital 11.32b)
WACC = 14.68% (E(175.54b)/V(175.54b) * Re(14.68%) + (debt-free company))
Discount Rate = 14.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.02%
[DCF] Terminal Value 62.55% ; FCFF base≈4.02b ; Y1≈4.96b ; Y5≈8.45b
[DCF] Fair Price = 48.91 (EV 59.49b - Net Debt -1.96b = Equity 61.46b / Shares 1.26b; r=14.68% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -37.21 | EPS CAGR: -0.64% | SUE: 3.30 | # QB: 6
Revenue Correlation: 98.26 | Revenue CAGR: 32.05% | SUE: 3.74 | # QB: 7
EPS next Quarter (2026-06-30): EPS=0.85 | Chg7d=+0.001 | Chg30d=+0.038 | Revisions Net=+15 | Analysts=19
EPS current Year (2026-12-31): EPS=3.53 | Chg7d=+0.006 | Chg30d=+0.186 | Revisions Net=+24 | Growth EPS=+18.6% | Growth Revenue=+27.0%
EPS next Year (2027-12-31): EPS=4.24 | Chg7d=+0.000 | Chg30d=+0.167 | Revisions Net=+16 | Growth EPS=+20.0% | Growth Revenue=+20.2%
[Analyst] Revisions Ratio: +0.88 (16 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 12.7% (Discount Rate 14.7% - Earnings Yield 2.0%)
[Growth] Growth Spread = +13.4% (Analyst 26.1% - Implied 12.7%)
P/E Forward = 38.7597
P/S = 19.4926
P/B = 13.6954
P/EG = 1.9021
Revenue TTM = 9.01b USD
EBIT TTM = 4.05b USD
EBITDA TTM = 4.12b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -1.96b USD (from netDebt column, last quarter)
Enterprise Value = 164.80b USD (175.54b + (null Debt) - CCE 10.74b)
Interest Coverage Ratio = -20.17 (Ebit TTM 4.05b / Interest Expense TTM -200.7m)
EV/FCF = 38.75x (Enterprise Value 164.80b / FCF TTM 4.25b)
FCF Yield = 2.58% (FCF TTM 4.25b / Enterprise Value 164.80b)
FCF Margin = 47.22% (FCF TTM 4.25b / Revenue TTM 9.01b)
Net Margin = 38.99% (Net Income TTM 3.51b / Revenue TTM 9.01b)
Gross Margin = 64.06% ((Revenue TTM 9.01b - Cost of Revenue TTM 3.24b) / Revenue TTM)
Gross Margin QoQ = 62.86% (prev 64.56%)
Tobins Q-Ratio = 8.47 (Enterprise Value 164.80b / Total Assets 19.45b)
Interest Expense / Debt = unknown (Interest Expense 12.1m / Debt none)
Taxrate = 15.97% (181.6m / 1.14b)
NOPAT = 3.40b (EBIT 4.05b * (1 - 15.97%))
Current Ratio = 3.05 (Total Current Assets 16.39b / Total Current Liabilities 5.38b)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.48 (Net Debt -1.96b / EBITDA 4.12b)
Debt / FCF = -0.46 (Net Debt -1.96b / FCF TTM 4.25b)
Total Stockholder Equity = 11.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.97% (Net Income 3.51b / Total Assets 19.45b)
RoE = 31.01% (Net Income TTM 3.51b / Total Stockholder Equity 11.32b)
RoCE = 28.77% (EBIT 4.05b / Capital Employed (Total Assets 19.45b - Current Liab 5.38b))
RoIC = 30.05% (NOPAT 3.40b / Invested Capital 11.32b)
WACC = 14.68% (E(175.54b)/V(175.54b) * Re(14.68%) + (debt-free company))
Discount Rate = 14.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.02%
[DCF] Terminal Value 62.55% ; FCFF base≈4.02b ; Y1≈4.96b ; Y5≈8.45b
[DCF] Fair Price = 48.91 (EV 59.49b - Net Debt -1.96b = Equity 61.46b / Shares 1.26b; r=14.68% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -37.21 | EPS CAGR: -0.64% | SUE: 3.30 | # QB: 6
Revenue Correlation: 98.26 | Revenue CAGR: 32.05% | SUE: 3.74 | # QB: 7
EPS next Quarter (2026-06-30): EPS=0.85 | Chg7d=+0.001 | Chg30d=+0.038 | Revisions Net=+15 | Analysts=19
EPS current Year (2026-12-31): EPS=3.53 | Chg7d=+0.006 | Chg30d=+0.186 | Revisions Net=+24 | Growth EPS=+18.6% | Growth Revenue=+27.0%
EPS next Year (2027-12-31): EPS=4.24 | Chg7d=+0.000 | Chg30d=+0.167 | Revisions Net=+16 | Growth EPS=+20.0% | Growth Revenue=+20.2%
[Analyst] Revisions Ratio: +0.88 (16 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 12.7% (Discount Rate 14.7% - Earnings Yield 2.0%)
[Growth] Growth Spread = +13.4% (Analyst 26.1% - Implied 12.7%)