Arista Networks (ANET) Stock Insights

ANET price $186.72 -0.28 -0.15%

Ticker
ANET
Price
$186.72
Change
-0.28 -0.15%
Market cap ?
$235.49B
P/E ?
55.21
Forward P/E ?
45.40
Dividend yield ?
0.00%
Beta ?
1.60
Sector
Technology
Industry
Computer Hardware
Stocklytics score
61
Value
22
Quality
86
Growth
75

Stocklytics score rationale: value 22, quality 86, growth 75.

Financials

2016201720182019202020212022202320242025
1129167000164618600021513690002410706000231751200029480370004381310000586016800070031000009005700000

Arista Networks, Inc. is a leading global technology firm that designs, promotes, and distributes innovative cloud networking solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions. Its comprehensive product portfolio features advanced extensible operating systems, a collection of powerful network applications, and high-performance gigabit Ethernet switching and routing hardware…

Fair value

ANET fair value $138.90. Price $186.72. Price is 34% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 86% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 5.16B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.6). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 1.26B. Net debt -1.96B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare ANET

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-03—1.08—3.33B
2026-08-041.020.893.04B2.83B
2026-05-050.870.812.71B2.62B
2026-02-120.820.762.49B2.39B
2025-11-040.750.722.31B2.26B
2025-08-050.730.652.20B2.11B
2025-05-060.650.592.00B1.97B
2025-02-180.650.571.93B1.90B
2024-11-070.600.521.81B1.81B
2024-07-290.530.491.69B1.66B
2024-05-070.500.431.57B1.55B
2024-02-120.520.421.54B1.53B
2023-10-300.460.401.51B1.48B
2023-07-310.400.361.46B1.38B
2023-05-010.360.341.35B1.31B
2023-02-130.350.301.28B1.20B
2022-10-310.310.261.18B1.06B
2022-08-010.270.231.05B978.75M
2022-05-020.210.20877.07M856.14M
2022-02-140.200.18824.46M790.10M
2021-11-010.180.17748.70M738.32M
2021-08-020.170.16707.32M681.24M
2021-05-040.160.15667.56M642.03M
2021-02-180.150.15648.48M628.05M
2020-11-020.150.14605.43M552.89M
2020-08-040.130.12540.57M499.58M
2020-05-050.130.11523.03M468.65M
2020-02-130.140.13552.55M506.70M
2019-10-310.170.15654.41M586.30M
2019-08-010.150.14608.32M548.49M
2019-05-020.140.13595.42M533.56M
2019-02-140.140.13595.73M548.07M
2018-11-010.130.12563.31M491.23M
2018-08-020.120.10519.85M457.89M
2018-05-030.100.10472.49M429.79M
2018-02-150.110.09467.87M385.79M
2017-11-020.100.07437.63M321.47M
2017-08-030.090.06405.21M287.28M
2017-05-040.060.05335.48M310.22M
2017-02-160.070.05327.97M258.59M

Dividends

Yield 0.00%. Payout ratio 0.00%. Frequency —.

Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.

Ex-dateDividendRecordPaymentFrequency
No data yet.

Insider trades

DateInsiderActionSharesPriceValue
2026-10-20Duda KennethSell599$177.91106.57K
2026-10-20Duda KennethSell449$179.0280.38K
2026-10-20Duda KennethSell3.27K$180.12588.09K
2026-10-20Duda KennethSell5.99K$180.931.08M
2026-10-20Duda KennethSell5.51K$181.781.00M
2026-10-20Duda KennethSell185$182.7933.82K
2026-10-20Duda KennethSell374$177.9166.54K
2026-10-20Duda KennethSell281$179.0250.30K
2026-10-20Duda KennethSell2.04K$180.12367.62K
2026-10-20Duda KennethSell3.74K$180.93677.04K
2026-10-20Duda KennethSell3.45K$181.78626.42K
2026-10-20Duda KennethSell116$182.7921.20K
2026-10-20Duda KennethSell17.33K$14.15245.20K
2026-10-20Duda KennethBuy17.33K$14.15245.20K
2026-10-20Duda KennethSell649$177.91115.46K
2026-10-20Duda KennethSell486$179.0287.00K
2026-10-20Duda KennethSell3.54K$180.12637.26K
2026-10-20Duda KennethSell6.49K$180.931.17M
2026-10-20Duda KennethSell5.97K$181.781.09M
2026-10-20Duda KennethSell200$182.7936.56K
2026-10-09Ullal JayshreeSell93.24K$217.1020.24M
2026-10-09Ullal JayshreeSell18.66K$217.104.05M
2026-10-08Ullal JayshreeSell19.99K$217.054.34M
2026-10-08Ullal JayshreeSell4.00K$217.05868.19K
2026-10-07Ullal JayshreeSell69.27K$217.1415.04M
2026-10-07Ullal JayshreeSell13.86K$217.143.01M
2026-10-06Ullal JayshreeSell65.90K$211.3613.93M
2026-10-06Ullal JayshreeSell259.05K$212.2754.99M
2026-10-06Ullal JayshreeSell3.90K$213.06831.37K
2026-10-06Ullal JayshreeSell13.18K$211.362.79M
2026-10-06Ullal JayshreeSell51.80K$212.2711.00M
2026-10-06Ullal JayshreeSell781$213.06166.40K
2026-10-06Breithaupt Chantelle YvetteSell1.22K$215.00263.16K
2026-10-01TEMPLETON MARK BSell700$201.62141.14K
2026-10-01TEMPLETON MARK BSell500$202.90101.45K
2026-10-01TEMPLETON MARK BSell1.80K$204.44368.00K
2026-10-01TEMPLETON MARK BSell1.80K$205.58370.04K
2026-10-01TEMPLETON MARK BSell200$206.0341.21K
2026-09-25Ullal JayshreeSell44.73K$211.409.45M
2026-09-25Ullal JayshreeSell8.95K$211.401.89M
2026-09-21Duda KennethSell1.37K$201.70275.52K
2026-09-21Duda KennethSell6.85K$202.661.39M
2026-09-21Duda KennethSell2.49K$203.49507.09K
2026-09-21Duda KennethSell3.26K$204.78668.00K
2026-09-21Duda KennethSell2.03K$205.50417.36K
2026-09-21Duda KennethSell854$201.70172.25K
2026-09-21Duda KennethSell4.28K$202.66867.58K
2026-09-21Duda KennethSell1.56K$203.49317.03K
2026-09-21Duda KennethSell2.04K$204.78417.35K
2026-09-21Duda KennethSell1.27K$205.50260.77K
2026-09-21Duda KennethSell17.33K$14.15245.20K
2026-09-21Duda KennethBuy17.33K$14.15245.20K
2026-09-21Duda KennethSell1.48K$201.70298.52K
2026-09-21Duda KennethSell7.42K$202.661.50M
2026-09-21Duda KennethSell2.70K$203.49549.41K
2026-09-21Duda KennethSell3.53K$204.78723.50K
2026-09-21Duda KennethSell2.20K$205.50452.09K
2026-09-17BECHTOLSHEIM ANDREASSell7.17K$193.611.39M
2026-09-17BECHTOLSHEIM ANDREASSell29.27K$194.525.69M
2026-09-17BECHTOLSHEIM ANDREASSell32.84K$195.476.42M
2026-09-17BECHTOLSHEIM ANDREASSell20.42K$196.294.01M
2026-09-17BECHTOLSHEIM ANDREASSell17.95K$197.513.54M
2026-09-17BECHTOLSHEIM ANDREASSell26.43K$198.335.24M
2026-09-17BECHTOLSHEIM ANDREASSell38.92K$199.587.77M
2026-09-17BECHTOLSHEIM ANDREASSell58.04K$200.3811.63M
2026-09-17BECHTOLSHEIM ANDREASSell16.24K$201.343.27M
2026-09-17BECHTOLSHEIM ANDREASSell15.70K$202.403.18M
2026-09-17BECHTOLSHEIM ANDREASSell25.10K$203.565.11M
2026-09-17BECHTOLSHEIM ANDREASSell11.93K$204.312.44M
2026-09-10Duda KennethSell28.62K——
2026-09-10Duda KennethSell28.62K——
2026-09-10Duda KennethBuy57.23K——
2026-09-08TEMPLETON MARK BSell1.30K$195.27253.85K
2026-09-08TEMPLETON MARK BSell700$196.20137.34K
2026-09-08TEMPLETON MARK BSell1.00K$197.46197.46K
2026-09-08TEMPLETON MARK BSell1.70K$198.44337.34K
2026-09-08TEMPLETON MARK BSell300$199.3259.80K
2026-09-08Duda KennethBuy100.00K——
2026-09-08Duda KennethBuy100.00K——
2026-09-08Duda KennethSell200.00K——
2026-09-01Breithaupt Chantelle YvetteSell612$195.77119.81K
2026-08-28Duda KennethBuy85.88K——
2026-08-28Duda KennethBuy85.88K——
2026-08-28Duda KennethSell51.16K——
2026-08-28Duda KennethSell51.16K——
2026-08-28Duda KennethSell42.94K——
2026-08-28Duda KennethSell42.94K——
2026-08-28Duda KennethSell42.94K——
2026-08-28Duda KennethSell42.94K——
2026-08-28Duda KennethBuy102.32K——
2026-08-27BECHTOLSHEIM ANDREASSell15.05K$199.913.01M
2026-08-27BECHTOLSHEIM ANDREASSell50.09K$200.8110.06M
2026-08-27BECHTOLSHEIM ANDREASSell70.05K$201.7414.13M
2026-08-27BECHTOLSHEIM ANDREASSell73.79K$202.7114.96M
2026-08-27BECHTOLSHEIM ANDREASSell20.85K$203.694.25M
2026-08-27BECHTOLSHEIM ANDREASSell64.51K$204.8213.21M
2026-08-27BECHTOLSHEIM ANDREASSell5.65K$205.451.16M
2026-08-25Ullal JayshreeSell3.28K$191.10627.00K
2026-08-25Ullal JayshreeSell10.13K$191.991.94M
2026-08-25Ullal JayshreeSell400$192.6477.06K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 2.36K, holders +242 vs prior quarter. Ownership 72.08%.

HolderSharesChangeChange %Value
BLACKROCK, INC.91.38M-523.80K-0.57%15.52B
VANGUARD CAPITAL MANAGEMENT LLC68.69M418.14K+0.61%11.67B
STATE STREET CORP48.17M1.40M+3.00%8.18B
FMR LLC47.35M-4.96M-9.48%8.04B
GEODE CAPITAL MANAGEMENT, LLC27.51M276.47K+1.02%4.66B
VANGUARD PORTFOLIO MANAGEMENT LLC25.81M-30.93K-0.12%4.38B
PRICE T ROWE ASSOCIATES INC /MD/23.23M-6.09M-20.79%3.95B
MORGAN STANLEY19.70M1.19M+6.44%3.35B
CRESSET ASSET MANAGEMENT, LLC19.37M-1.32M-6.40%3.29B
CAPITAL RESEARCH GLOBAL INVESTORS13.16M-1.60M-10.81%2.24B
AMERIPRISE FINANCIAL INC12.80M2.77M+27.64%2.17B
NORGES BANK12.25M12.25MNew2.08B
JPMORGAN CHASE & CO11.72M1.19M+11.35%1.92B
NUVEEN, LLC10.74M-1.86M-14.78%1.82B
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC10.46M-158.73K-1.49%1.78B
NORTHERN TRUST CORP10.14M-4.12K-0.04%1.72B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/9.73M2.50M+34.55%1.71B
FRANKLIN TEMPLETON INC9.93M1.87M+23.28%1.69B
GOLDMAN SACHS GROUP INC9.64M-491.20K-4.85%1.64B
SCHRODER INVESTMENT MANAGEMENT GROUP9.62M-134.87K-1.38%1.63B
DEUTSCHE BANK AG\9.36M388.35K+4.33%1.59B
WELLINGTON MANAGEMENT GROUP LLP8.44M470.45K+5.90%1.43B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.8.23M8.23MNew1.40B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC8.23M586.95K+7.68%1.40B
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP7.62M-843.08K-9.97%1.29B

Insights

Revenue by product
PeriodValue
FY2018Product: 1841100000.0, Service: 310269000.0
FY2019Product: 2021150000.0, Service: 389556000.0
FY2020Product: 1830842000.0, Service: 486670000.0
FY2021Product: 2377727000.0, Service: 570310000.0
FY2022Product: 3716079000.0, Service: 665231000.0
FY2023Product: 5029493000.0, Service: 830675000.0
FY2024Product: 5884021000.0, Service: 1119125000.0
FY2025Product: 7576900000.0, Service: 1428800000.0
Revenue by region
PeriodValue
FY2014Asia Pacific: 44007000.0, EMEA: 74555000.0, Other Americas: 8853000.0, UNITED STATES: 456691000.0
FY2015Asia Pacific: 62272000.0, EMEA: 128400000.0, Other Americas: 12506000.0, UNITED STATES: 634413000.0
FY2016Asia Pacific: 85638000.0, EMEA: 168789000.0, Other Americas: 12388000.0, UNITED STATES: 862352000.0
FY2017Asia Pacific: 154350000.0, EMEA: 299547000.0, Other Americas: 17584000.0, UNITED STATES: 1174705000.0
FY2018Americas: 1550453000.0, Asia Pacific: 186847000.0, EMEA: 414069000.0
FY2019Americas: 1833163000.0, Asia Pacific: 195892000.0, EMEA: 381651000.0
FY2020Americas: 1771992000.0, Asia Pacific: 218791000.0, EMEA: 326729000.0
FY2021Americas: 2156183000.0, Asia Pacific: 305018000.0, EMEA: 486836000.0
FY2022Americas: 3462621000.0, Asia Pacific: 388889000.0, EMEA: 529800000.0
FY2023Americas: 4651193000.0, Asia Pacific: 538015000.0, EMEA: 670960000.0
FY2024Americas: 5729039000.0, Asia Pacific: 560932000.0, EMEA: 713175000.0
FY2025Americas: 7122100000.0, Asia Pacific: 813300000.0, EMEA: 1070300000.0

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Arista Networks (ANET) Stock Insights

ANET$186.72-0.28 -0.15%

$235.49B

Market Cap

55.21

P/E

45.40

Forward P/E

61

Score

Price History