ANET Stock Overview

Engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. More details

ANET fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	6/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 12.02% per year

Earnings grew by 40.2% over the past year

Risk Analysis

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Arista Networks Inc Competitors

Evertz Technologies

TSX:ET

CA$923.4m

Vecima Networks

TSX:VCM

CA$314.6m

Celestica

TSX:CLS

CA$22.2b

Motorola Solutions

NYSE:MSI

US$80.6b

Price History & Performance

Summary of share price highs, lows and changes for Arista Networks
Historical stock prices
Current Share Price	US$22.22
52 Week High	US$22.45
52 Week Low	US$21.30
Beta	1.09
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.51%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	ANET	CA Communications	CA Market
7D	n/a	-9.3%	-0.1%
1Y	n/a	-8.8%	17.9%

Return vs Industry: Insufficient data to determine how ANET performed against the Canadian Communications industry.

Return vs Market: Insufficient data to determine how ANET performed against the Canadian Market.

Price Volatility

Is ANET's price volatile compared to industry and market?
ANET volatility
ANET Average Weekly Movement	n/a
Communications Industry Average Movement	6.3%
Market Average Movement	8.6%
10% most volatile stocks in CA Market	18.5%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: ANET's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine ANET's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	4,023	Jayshree Ullal	www.arista.com

Arista Networks Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for 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 and cloud networking systems, including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products, and routing systems addressing Core Routing, Edge Routing, Data Center Interconnect (DCI), Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration, automation, analytics, network monitoring, and security.

Arista Networks Inc Fundamentals Summary

How do Arista Networks's earnings and revenue compare to its market cap?
ANET fundamental statistics
Market cap	CA$207.38b
Earnings (TTM)	CA$3.81b
Revenue (TTM)	CA$9.44b

56.0x

P/E Ratio

22.6x

P/S Ratio

Is ANET overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ANET income statement (TTM)
Revenue	US$6.61b
Cost of Revenue	US$2.35b
Gross Profit	US$4.26b
Other Expenses	US$1.59b
Earnings	US$2.66b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 18, 2025

Earnings per share (EPS)	2.12
Gross Margin	64.41%
Net Profit Margin	40.29%
Debt/Equity Ratio	0%

How did ANET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 12:34
End of Day Share Price	2025/02/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Arista Networks Inc is covered by 65 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Kelleher	Argus Research Company
Ishan Majumdar	Baptista Research
Benjamin Reitzes	Barclays