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Arista Networks, Inc. (ANET)

186.72 -0.28 (-0.15%)
At close: October 28 at 4:00:03 PM EDT
184.10 -2.75 (-1.47%)
Pre-Market: 9:09:38 AM EDT
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Arista Networks enters its November 3 Q3 earnings reportwith strong reported growth, higher 2026 revenue guidance, and expanding adoption of Ethernet-based artificial-intelligence networking. The main investor debate centers on whether AI demand and customer expansion can support Arista’s premium valuation while gross-margin pressure, supply constraints, and hyperscaler concentration persist.

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  • Previous Close 187.00
  • Open 190.17
  • Bid 182.60 x 20000
  • Ask 185.00 x 20000
  • Day's Range 184.77 - 191.11
  • 52 Week Range 114.52 - 217.41
  • Volume 4,994,807
  • Avg. Volume 6,024,176
  • Market Cap (intraday) 235.496B
  • Beta (5Y Monthly) 1.61
  • PE Ratio (TTM) 58.90
  • EPS (TTM) 3.17
  • Earnings Date Nov 3, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 243.59
  • Morningstar Rating Rating available with Stock Picks access

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.

www.arista.com

5,115

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ANET
42.50%
S&P 500 (^GSPC)
13.13%

1-Year Return

ANET
19.10%
S&P 500 (^GSPC)
12.38%

3-Year Return

ANET
323.91%
S&P 500 (^GSPC)
88.08%

5-Year Return

ANET
633.96%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 3.04B
Earnings 1.21B
Profit Margin 39.95%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
1B
2B
3B
37.0%
38.0%
39.0%

Analyst Insights

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Analyst Price Targets

190.00
243.59 Average
186.72 Current
290.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/19/2026
Analyst TD Cowen
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 250 -> 205

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    38.37%

  • Return on Assets (ttm)

    14.12%

  • Return on Equity (ttm)

    31.48%

  • Revenue (ttm)

    10.54B

  • Net Income Avi to Common (ttm)

    4.04B

  • Diluted EPS (ttm)

    3.17

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    13.34B

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    3.89B

Company Insights

Research Reports

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