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
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for ANET from our risk checks.
Last Earnings Call
Q2 2026 · 4 Aug 2026Arista Networks (ANET) reported a strong second quarter of 2026, achieving a milestone $3 billion in quarterly revenue, a 37.7% year-over-year increase. Diluted EPS rose nearly 40% to $1.02. Growth was driven by robust demand for AI fabrics, campus, and routing, with AI-related revenue targeted at $3.5 billion for the year. Management highlighted that the company has secured $9.7 billion in purchase commitments, indicating significant supply chain progress.
Analyst Consensus vs. Actuals:
- Revenue: Analysts expected approximately $2.85 billion; Arista beat this with $3.0 billion.
- EPS: Analysts expected approximately $0.94; Arista beat this with $1.02.
Management Outlook: Management raised its full-year 2026 revenue growth guidance to 40% (approx. $12.6 billion). The company remains focused on the "AI super cycle," expanding its AI fabric reach, and navigating ongoing industry-wide supply chain tightness through 2028.
Market Reaction
Arista’s stock fell by approximately 6% following the report. Analysts cited "valuation concerns" and "high expectations" as the primary reasons for the decline; despite the significant earnings and revenue beat, investors likely reacted to the company's caution regarding the sustainability of supply chain improvements and the lack of upward adjustments to specific AI revenue targets.
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Arista Networks, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.87 |
| 52 Week High | US$38.38 |
| 52 Week Low | US$20.97 |
| Beta | 1.61 |
| 1 Month Change | 4.09% |
| 3 Month Change | 32.20% |
| 1 Year Change | 32.51% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 54.73% |
Recent News & Updates
Recent updates
Shareholder Returns
| ANET | CA Communications | CA Market | |
|---|---|---|---|
| 7D | 4.6% | 4.6% | 2.2% |
| 1Y | 32.5% | 24.1% | 31.2% |
Return vs Industry: ANET exceeded the Canadian Communications industry which returned 21.3% over the past year.
Return vs Market: ANET exceeded the Canadian Market which returned 30.8% over the past year.
Price Volatility
| ANET volatility | |
|---|---|
| ANET Average Weekly Movement | 8.5% |
| Communications Industry Average Movement | 8.6% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in CA Market | 16.1% |
| 10% least volatile stocks in CA Market | 3.7% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 5,115 | Jayshree Ullal | www.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
| ANET fundamental statistics | |
|---|---|
| Market cap | CA$338.19b |
| Earnings (TTM) | CA$5.64b |
| Revenue (TTM) | CA$14.70b |
Is ANET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ANET income statement (TTM) | |
|---|---|
| Revenue | US$10.54b |
| Cost of Revenue | US$3.90b |
| Gross Profit | US$6.64b |
| Other Expenses | US$2.60b |
| Earnings | US$4.04b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.21 |
| Gross Margin | 63.00% |
| Net Profit Margin | 38.37% |
| Debt/Equity Ratio | 0% |
How did ANET perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/07 13:54 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 56 analysts. 26 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 |
| Benjamin Reitzes | Barclays |
| Timothy Long | Barclays |