ANET · Arista Networks, Inc.
Technology NYQ United States arista.com ↗
NEUTRAL STRONG BUY
Val Gro Qua Mom Sta Cap P/S20.49 P/E Fwd P/E35.36 PEG2.18 52W –  RSI Target$192.31 (+21.7%) Beta1.60 Div
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Computer Hardware Santa Clara, United States 5,115 employees
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.
52-Week Range
52W Low 52W High
Position in Range
RSI (14)
0 · Oversold RSI 40 Overbought · 100
Signal Neutral
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Volume Analysis
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0Bullish
0Bearish
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Next Earnings Aug 04, 2026
Beat Rate 100%
Consensus STRONG BUY
Analyst Upside +21.7%
EPS — History & Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
100% 8/8 quarters
Wall Street Consensus
STRONG BUY
29
1
BuyHoldSell
Price Target Range
$192.31 +21.7% upside
Low $164 High $220
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
Needham Buy ↔ Maintain 2026-07-22
Wells Fargo Overweight ↔ Maintain 2026-07-16
TD Cowen Buy ↔ Maintain 2026-07-13
Keybanc Overweight ↔ Maintain 2026-06-18
Morgan Stanley Overweight ↔ Maintain 2026-06-12
B of A Securities Buy ↔ Maintain 2026-06-08
Barclays Overweight ↔ Maintain 2026-05-07
UBS Buy ↔ Maintain 2026-05-06
Citigroup Buy ↔ Maintain 2026-05-06
Piper Sandler Overweight ↔ Maintain 2026-05-06
Rosenblatt Buy ↔ Maintain 2026-05-06
JP Morgan Overweight ↔ Maintain 2026-04-16
Truist Securities Buy ● Initiate 2026-03-31
Goldman Sachs Buy ↔ Maintain 2026-02-13
Evercore ISI Group Outperform ↔ Maintain 2026-02-13
Needham 2026-07-22
Buy ↔ Maintain
Wells Fargo 2026-07-16
Overweight ↔ Maintain
TD Cowen 2026-07-13
Buy ↔ Maintain
Keybanc 2026-06-18
Overweight ↔ Maintain
Morgan Stanley 2026-06-12
Overweight ↔ Maintain
B of A Securities 2026-06-08
Buy ↔ Maintain
Barclays 2026-05-07
Overweight ↔ Maintain
UBS 2026-05-06
Buy ↔ Maintain
Citigroup 2026-05-06
Buy ↔ Maintain
Piper Sandler 2026-05-06
Overweight ↔ Maintain
Rosenblatt 2026-05-06
Buy ↔ Maintain
JP Morgan 2026-04-16
Overweight ↔ Maintain
Truist Securities 2026-03-31
Buy ● Initiate
Goldman Sachs 2026-02-13
Buy ↔ Maintain
Evercore ISI Group 2026-02-13
Outperform ↔ Maintain
Profitability
Gross Margin 63.54%TTM
Op. Margin 42.74%TTM
ROE 31.52%TTM
Rev. Growth 35.10%YoY
Free Cash Flow 4.36BTTM
FCF Yield TTM
Balance Sheet
Debt / Equity N/AMRQ
Current Ratio 2.83MRQ
Cash 12.35BMRQ
Total Debt 0.00MRQ
Net Debt MRQ
How ANET Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap198.91B
Enterprise Value186.56B
Trailing P/E54.47
Forward P/E35.36
PEG Ratio (5yr)2.18
Price/Sales (ttm)20.49
Price/Book (mrq)14.75
EV/Revenue19.21
EV/EBITDA44.03
Share Statistics
Avg Vol (3m)9.69M
Shares Outstanding1.26B
Float1.04B
% Held by Insiders17.27%
% Held by Institutions72.94%
Short Ratio2.27
Short % of Float1.91%
Profitability
Gross Margin63.54%
Operating Margin (ttm)42.74%
Profit Margin38.32%
Return on Assets (ttm)14.36%
Return on Equity (ttm)31.52%
Income Statement
Revenue (ttm)9.71B
Revenue Growth (yoy)35.10%
Gross Profit (ttm)6.17B
EBITDA4.24B
Net Income (ttm)3.72B
Diluted EPS (ttm)2.90
EPS Growth (yoy)25.00%
Balance Sheet
Total Cash (mrq)12.35B
Total Debt (mrq)0.00
Debt / Equity (mrq)N/A
Current Ratio (mrq)2.83
Book Value / Share10.71
Operating CF (ttm)5.42B
Free Cash Flow (ttm)4.36B
Trading & Dividends
Beta (5Y)1.60
50-Day MA164.90
200-Day MA145.60
Fwd Dividend YieldN/A
Payout Ratio0.00%
Ownership Breakdown
Institutional 72.94% Insider 17.27% Public 9.8%
Short Interest 1.91% of float
Low
Institutional 13F Holdings

Famous investors who disclosed a position in ANET in their latest SEC 13F filing.

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Insider Transactions
DateInsiderRoleTransactionSharesValue
2026-07-20 DUDA KENNETH President Conversion of Exercise of derivative security at price 15.28 per share. 17,333 $264,795
2026-07-20 DUDA KENNETH President Sale at price 169.90 - 172.40 per share. 43,333 $7,388,872
2026-07-14 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 176.18 - 185.00 per share. 300,000 $54,231,399
2026-07-10 ULLAL JAYSHREE Chief Executive Officer Sale at price 187.18 per share. 234,578 $43,907,278
2026-07-09 ULLAL JAYSHREE Chief Executive Officer Sale at price 187.31 - 189.18 per share. 242,422 $45,616,220
2026-07-02 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 157.24 - 167.07 per share. 240,000 $39,040,876
2026-07-01 GIANCARLO CHARLES H Director Sale at price 162.34 - 170.03 per share. 8,000 $1,336,474
2026-07-01 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 159.85 - 170.27 per share. 260,000 $42,696,873
2026-06-22 DUDA KENNETH President Conversion of Exercise of derivative security at price 174.56 per share. 17,333 $3,025,648
2026-06-15 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 164.06 - 168.72 per share. 260,000 $43,049,018
2026-06-04 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Conversion of Exercise of derivative security at price 14.15 - 15.26 per share. 158,000 $2,303,570
2026-06-04 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 158.07 - 167.66 per share. 240,000 $39,135,436
2026-06-01 GIANCARLO CHARLES H Director Sale at price 162.28 - 171.72 per share. 8,000 $1,352,728
2026-05-26 BREITHAUPT CHANTELLE YVETTE Chief Financial Officer Sale at price 157.00 per share. 2,448 $384,336
2026-05-26 ULLAL JAYSHREE Chief Executive Officer Sale at price 154.47 - 157.30 per share. 13,809 $2,141,004
2026-05-26 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 154.50 - 160.01 per share. 220,000 $34,508,850
2026-05-22 BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security Sale at price 149.68 - 154.16 per share. 205,000 $31,107,344
2026-05-21 BATTLES KELLY BODNAR Director Sale at price 140.49 - 147.93 per share. 422 $61,797
2026-05-20 TEMPLETON MARK B Director 971
2026-05-20 SCHEINMAN DANIEL Director 971
2026-05-20 DUDA KENNETH President 31,034
2026-05-20 WASSENAAR YVONNE Director 971
2026-05-20 BATTLES KELLY BODNAR Director 971
2026-05-20 BREITHAUPT CHANTELLE YVETTE Chief Financial Officer 12,266
2026-05-20 LAVENDER ROBERT G Director 807
DUDA KENNETH President
Conversion of Exercise of derivative security at price 15.28 per share.
2026-07-20 17,333 sh $264,795
DUDA KENNETH President
Sale at price 169.90 - 172.40 per share.
2026-07-20 43,333 sh $7,388,872
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 176.18 - 185.00 per share.
2026-07-14 300,000 sh $54,231,399
ULLAL JAYSHREE Chief Executive Officer
Sale at price 187.18 per share.
2026-07-10 234,578 sh $43,907,278
ULLAL JAYSHREE Chief Executive Officer
Sale at price 187.31 - 189.18 per share.
2026-07-09 242,422 sh $45,616,220
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 157.24 - 167.07 per share.
2026-07-02 240,000 sh $39,040,876
GIANCARLO CHARLES H Director
Sale at price 162.34 - 170.03 per share.
2026-07-01 8,000 sh $1,336,474
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 159.85 - 170.27 per share.
2026-07-01 260,000 sh $42,696,873
DUDA KENNETH President
Conversion of Exercise of derivative security at price 174.56 per share.
2026-06-22 17,333 sh $3,025,648
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 164.06 - 168.72 per share.
2026-06-15 260,000 sh $43,049,018
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Conversion of Exercise of derivative security at price 14.15 - 15.26 per share.
2026-06-04 158,000 sh $2,303,570
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 158.07 - 167.66 per share.
2026-06-04 240,000 sh $39,135,436
GIANCARLO CHARLES H Director
Sale at price 162.28 - 171.72 per share.
2026-06-01 8,000 sh $1,352,728
BREITHAUPT CHANTELLE YVETTE Chief Financial Officer
Sale at price 157.00 per share.
2026-05-26 2,448 sh $384,336
ULLAL JAYSHREE Chief Executive Officer
Sale at price 154.47 - 157.30 per share.
2026-05-26 13,809 sh $2,141,004
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 154.50 - 160.01 per share.
2026-05-26 220,000 sh $34,508,850
BECHTOLSHEIM ANDREAS V Beneficial Owner of more than 10% of a Class of Security
Sale at price 149.68 - 154.16 per share.
2026-05-22 205,000 sh $31,107,344
BATTLES KELLY BODNAR Director
Sale at price 140.49 - 147.93 per share.
2026-05-21 422 sh $61,797
TEMPLETON MARK B Director
2026-05-20 971 sh
SCHEINMAN DANIEL Director
2026-05-20 971 sh
DUDA KENNETH President
2026-05-20 31,034 sh
WASSENAAR YVONNE Director
2026-05-20 971 sh
BATTLES KELLY BODNAR Director
2026-05-20 971 sh
BREITHAUPT CHANTELLE YVETTE Chief Financial Officer
2026-05-20 12,266 sh
LAVENDER ROBERT G Director
2026-05-20 807 sh