(ANET) Arista Networks - Ratings and Ratios
Switches, Routers, Software, Support
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 53.9% |
| Value at Risk 5%th | 77.6% |
| Relative Tail Risk | -12.47% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.56 |
| Alpha | -4.88 |
| CAGR/Max DD | 1.28 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.504 |
| Beta | 1.655 |
| Beta Downside | 1.862 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.42% |
| Mean DD | 9.28% |
| Median DD | 5.15% |
Description: ANET Arista Networks December 02, 2025
Arista Networks (NYSE:ANET) designs, markets, and sells cloud-centric networking hardware and software-including its EOS (Extensible Operating System) and a suite of network applications-for AI, data-center, campus, and routing environments across the Americas, EMEA, and APAC. Its product portfolio spans data-center switches, cloud-scale routers, and cognitive network services, complemented by post-sale support such as technical assistance, hardware repair, and software upgrades. Sales are channeled through distributors, system integrators, VARs, OEM partners, and a direct sales force, serving customers in internet services, cloud providers, finance, government, media, healthcare, energy, education, and manufacturing.
Key recent metrics: FY 2024 revenue grew ~23% YoY to $3.8 bn, with operating margin expanding to 22% as higher-margin software subscriptions offset hardware pricing pressure. The data-center networking market is projected to expand at a CAGR of ~12% through 2028, driven by surging demand for hyperscale cloud capacity and AI workloads-both tailwinds that directly benefit Arista’s EOS-based, low-latency switch architecture. A notable sector driver is the ongoing “cloud-first” shift among enterprise IT budgets, which is reallocating spend from legacy networking gear to programmable, software-defined solutions where Arista holds a leading market share.
For a deeper, data-driven assessment of Arista’s valuation and risk profile, you may find ValueRay’s analytical tools useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (3.36b TTM) > 0 and > 6% of Revenue (6% = 506.9m TTM) |
| FCFTA 0.22 (>2.0%) and ΔFCFTA -2.32pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 124.5% (prev 127.7%; Δ -3.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.23 (>3.0%) and CFO 4.14b > Net Income 3.36b (YES >=105%, WARN >=100%) |
| Net Debt (-2.33b) to EBITDA (3.88b) ratio: -0.60 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.25 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.28b) change vs 12m ago -0.41% (target <= -2.0% for YES) |
| Gross Margin 64.34% (prev 64.41%; Δ -0.07pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 54.69% (prev 51.48%; Δ 3.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -20.57 (EBITDA TTM 3.88b / Interest Expense TTM -185.5m) >= 6 (WARN >= 3) |
Altman Z'' 8.69
| (A) 0.58 = (Total Current Assets 15.18b - Total Current Liabilities 4.67b) / Total Assets 18.05b |
| (B) 0.51 = Retained Earnings (Balance) 9.12b / Total Assets 18.05b |
| (C) 0.25 = EBIT TTM 3.82b / Avg Total Assets 15.45b |
| (D) 1.49 = Book Value of Equity 9.12b / Total Liabilities 6.14b |
| Total Rating: 8.69 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 84.02
| 1. Piotroski 5.0pt |
| 2. FCF Yield 2.75% |
| 3. FCF Margin 47.89% |
| 4. Debt/Equity 0.01 |
| 5. Debt/Ebitda -0.60 |
| 6. ROIC - WACC (= 16.05)% |
| 7. RoE 31.28% |
| 8. Rev. Trend 97.76% |
| 9. EPS Trend -43.72% |
What is the price of ANET shares?
Over the past week, the price has changed by +4.15%, over one month by +11.66%, over three months by -9.82% and over the past year by +15.94%.
Is ANET a buy, sell or hold?
- Strong Buy: 15
- Buy: 7
- Hold: 5
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the ANET price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 163.4 | 24.6% |
| Analysts Target Price | 163.4 | 24.6% |
| ValueRay Target Price | 190.2 | 45% |
ANET Fundamental Data Overview December 20, 2025
P/E Trailing = 47.384
P/E Forward = 37.594
P/S = 18.5755
P/B = 13.1797
P/EG = 1.8533
Beta = 1.411
Revenue TTM = 8.45b USD
EBIT TTM = 3.82b USD
EBITDA TTM = 3.88b USD
Long Term Debt = unknown (none)
Short Term Debt = 22.1m USD (from shortTermDebt, last fiscal year)
Debt = 59.6m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -2.33b USD (from netDebt column, last quarter)
Enterprise Value = 146.89b USD (156.93b + Debt 59.6m - CCE 10.11b)
Interest Coverage Ratio = -20.57 (Ebit TTM 3.82b / Interest Expense TTM -185.5m)
FCF Yield = 2.75% (FCF TTM 4.05b / Enterprise Value 146.89b)
FCF Margin = 47.89% (FCF TTM 4.05b / Revenue TTM 8.45b)
Net Margin = 39.73% (Net Income TTM 3.36b / Revenue TTM 8.45b)
Gross Margin = 64.34% ((Revenue TTM 8.45b - Cost of Revenue TTM 3.01b) / Revenue TTM)
Gross Margin QoQ = 64.56% (prev 65.25%)
Tobins Q-Ratio = 8.14 (Enterprise Value 146.89b / Total Assets 18.05b)
Interest Expense / Debt = 20.36% (Interest Expense 12.1m / Debt 59.6m)
Taxrate = 20.81% (224.1m / 1.08b)
NOPAT = 3.02b (EBIT 3.82b * (1 - 20.81%))
Current Ratio = 3.25 (Total Current Assets 15.18b / Total Current Liabilities 4.67b)
Debt / Equity = 0.01 (Debt 59.6m / totalStockholderEquity, last quarter 11.91b)
Debt / EBITDA = -0.60 (Net Debt -2.33b / EBITDA 3.88b)
Debt / FCF = -0.58 (Net Debt -2.33b / FCF TTM 4.05b)
Total Stockholder Equity = 10.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.60% (Net Income 3.36b / Total Assets 18.05b)
RoE = 31.28% (Net Income TTM 3.36b / Total Stockholder Equity 10.73b)
RoCE = 28.51% (EBIT 3.82b / Capital Employed (Total Assets 18.05b - Current Liab 4.67b))
RoIC = 28.16% (NOPAT 3.02b / Invested Capital 10.73b)
WACC = 12.11% (E(156.93b)/V(156.99b) * Re(12.11%) + D(59.6m)/V(156.99b) * Rd(20.36%) * (1-Tc(0.21)))
Discount Rate = 12.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.05%
[DCF Debug] Terminal Value 69.36% ; FCFE base≈3.70b ; Y1≈4.56b ; Y5≈7.79b
Fair Price DCF = 56.91 (DCF Value 71.66b / Shares Outstanding 1.26b; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -43.72 | EPS CAGR: -2.35% | SUE: 2.49 | # QB: 5
Revenue Correlation: 97.76 | Revenue CAGR: 31.59% | SUE: 1.47 | # QB: 6
EPS next Quarter (2026-03-31): EPS=0.76 | Chg30d=-0.001 | Revisions Net=+11 | Analysts=19
EPS next Year (2026-12-31): EPS=3.36 | Chg30d=+0.010 | Revisions Net=+19 | Growth EPS=+16.8% | Growth Revenue=+22.6%
Additional Sources for ANET Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle