Inside the research
Arista Networks, Inc.
ANET Research profile · latest available data
Price overview
$206.55
▲ +0.85 (+0.4%)
| 52w hi | $210.50 |
|---|---|
| 52w lo | $116.13 |
| Vol | 4.38M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.50
| Short | +0.06 |
|---|---|
| Medium | +0.79 |
| Long | +0.81 |
computed 2026-09-27
Key fundamentals
Arista Networks, Inc.
Technology · Computer Hardware
| Market cap | $260.51B |
|---|---|
| Enterprise value | $247.16B |
| Trailing P/E | 65.57x |
| Forward P/E | 39.82x |
| EV / EBITDA | 53.27x |
| P / S (ttm) | 24.71x |
| Profit margin | 38.4% |
| Return on equity | 31.5% |
| Revenue growth | +37.7% |
| Earnings growth | +35.7% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.30 | |
| Sector | +0.19 | |
| Technical | +0.16 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center, cloud and AI networking, cognitive adjacencies, and cognitive network software and services. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, cloud service providers, financial services organizations, government agencies, media and entertainment, healthcare, oil and gas, education, manufacturing, industrial, 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. Arista Networks, Inc. was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. The company was incorporated in 2004 and is headquartered in Santa Clara, California.
Risk Metrics
| Beta vs SPX | 1.83 |
|---|---|
| Corr SPX | 0.54 |
| Annual vol | 54.6% |
| Annual ret | +53.4% |
| Sharpe | 0.98 |
| Max DD | -50.4% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $188.59 |
|---|---|
| High / Low | $220.00 / $173.00 |
| Median | $186.00 |
| Analysts | 26 |
| Strong Buy | 7 | |
|---|---|---|
| Buy | 21 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-07 | Barclays | → Overweight |
| 2026-05-06 | UBS | → Buy |
| 2026-05-06 | TD Cowen | → Buy |
| 2026-05-06 | Rosenblatt | → Buy |
| 2026-05-06 | Piper Sandler | → Overweight |
| 2026-05-06 | Needham | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Exhibits | read |
| 2026-06-02 | Shareholder Vote | read |
| 2026-05-05 | Earnings Release, Exhibits | read |
| 2026-02-12 | Earnings Release, Exhibits | read |
| 2025-11-04 | Earnings Release, Exhibits | read |
| 2025-09-08 | Officer / Director Change, Bylaws Amendment… | read |
| 2025-08-05 | Earnings Release, Exhibits | read |
| 2025-06-16 | Officer / Director Change, Exhibits | read |
| 2025-06-03 | Shareholder Vote | read |
| 2025-05-06 | Earnings Release, Officer / Director Change… | read |
| 2025-03-17 | Officer / Director Change, Other Material Event… | read |
| 2025-02-18 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 417 | $88.14K |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 9.13K | $1.93M |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 1.67K | $349.69K |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 24.32K | $5.07M |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 47.03K | $9.76M |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 22 | $4.65K |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 496 | $104.64K |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 91 | $19.03K |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 1.32K | $275.16K |
| 2026-08-12 | Ullal Jayshree | CEO and Chairperson | Sell | 2.55K | $529.77K |
Flow & Concentration
| Insider 180d net | -$729.25M |
|---|---|
| Insider buys / sells | 0 / 178 |
| Insider bias | Sellers |
| 13F holders | 8 |
| Top-5 share | 98.4% |
| HHI | 3,504 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $8.18B | 48.17M |
| Fidelity / FMR LLC | $8.04B | 47.35M |
| Capital Research / Capital World | $1.09B | 6.43M |
| AQR Capital Management | $1.00B | 5.93M |
| Citadel Advisors | $975.65M | 5.74M |
| Millennium Management | $274.50M | 1.62M |
| Bridgewater Associates | $43.20M | 254.28K |
| T. Rowe Price Group | $3.95M | 23.23M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2014–2025 · 12 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $5.86B | +23.3% | |
| Gross profit | $3.63B | +35.1% | |
| Operating income | $3.86B | +36.5% | |
| Net income | $2.09B | +51.7% | |
| Cash from ops | $2.03B | +28.2% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $208.85 | $212.00 | $205.52 | $206.55 | 4.38M |
| Sep 24 | $199.91 | $206.54 | $198.76 | $205.70 | 3.56M |
| Sep 23 | $205.46 | $206.48 | $200.75 | $203.47 | 3.97M |
| Sep 22 | $204.35 | $208.26 | $203.26 | $205.19 | 4.57M |
| Sep 21 | $203.47 | $205.95 | $200.74 | $205.42 | 5.00M |
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