Loading...
ANET logo

Arista Networks, Inc.TSX:ANET Stock Report

Market Cap CA$252.8b
Share Price
CA$25.62
CA$33.95
24.5% undervalued intrinsic discount
1Y58.1%
7D-17.9%
Portfolio Value
View

Arista Networks, Inc.

TSX:ANET Stock Report

Market Cap: CA$252.8b

Arista Networks (ANET) Stock Overview

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. More details

ANET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

ANET Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Arista Networks, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Arista Networks
Historical stock prices
Current Share PriceUS$25.67
52 Week HighUS$32.42
52 Week LowUS$15.69
Beta1.67
1 Month Change6.74%
3 Month Change3.55%
1 Year Change58.07%
3 Year Changen/a
5 Year Changen/a
Change since IPO17.27%

Recent News & Updates

Seeking Alpha Mar 13

Arista Networks: All Ready To Storm To New Highs (Upgrade)

Summary Time to upgrade Arista Networks, Inc. to Buy as AI networking demand accelerates and the company’s differentiated platform remains vital to hyperscalers. ANET’s hardware/software integration and scale position it to benefit from the AI data center buildout, with FY2026 revenue growth guided above 25%. Despite a premium valuation at 38x forward earnings, ANET’s multiple has normalized from prior highs, and price action signals readiness for a new advancing phase. Risks from white box competition persist, but ANET’s domain expertise and scalable software continue to secure major cloud customers. I urge investors to capitalize while ANET stock hasn't broken out to new highs, while we remain in the current accumulation phase. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Mar 13

Arista Networks: All Ready To Storm To New Highs (Upgrade)

Summary Time to upgrade Arista Networks, Inc. to Buy as AI networking demand accelerates and the company’s differentiated platform remains vital to hyperscalers. ANET’s hardware/software integration and scale position it to benefit from the AI data center buildout, with FY2026 revenue growth guided above 25%. Despite a premium valuation at 38x forward earnings, ANET’s multiple has normalized from prior highs, and price action signals readiness for a new advancing phase. Risks from white box competition persist, but ANET’s domain expertise and scalable software continue to secure major cloud customers. I urge investors to capitalize while ANET stock hasn't broken out to new highs, while we remain in the current accumulation phase. Read the full article on Seeking Alpha

Shareholder Returns

ANETCA CommunicationsCA Market
7D-17.9%0.5%1.0%
1Y58.1%25.6%34.0%

Return vs Industry: ANET exceeded the Canadian Communications industry which returned 24.7% over the past year.

Return vs Market: ANET exceeded the Canadian Market which returned 34.5% over the past year.

Price Volatility

Is ANET's price volatile compared to industry and market?
ANET volatility
ANET Average Weekly Movement8.7%
Communications Industry Average Movement8.0%
Market Average Movement10.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.0%

Stable Share Price: ANET has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ANET's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20045,115Jayshree Ullalwww.arista.com

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.

Arista Networks, Inc. Fundamentals Summary

How do Arista Networks's earnings and revenue compare to its market cap?
ANET fundamental statistics
Market capCA$252.84b
Earnings (TTM)CA$5.08b
Revenue (TTM)CA$13.26b
48.0x
P/E Ratio
18.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ANET income statement (TTM)
RevenueUS$9.71b
Cost of RevenueUS$3.54b
Gross ProfitUS$6.17b
Other ExpensesUS$2.45b
EarningsUS$3.72b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.95
Gross Margin63.54%
Net Profit Margin38.32%
Debt/Equity Ratio0%

How did ANET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 08:45
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 60 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Benjamin ReitzesBarclays
Timothy LongBarclays