NYSE: ANET
Arista Networks, Inc.
Technology · Computer Hardware
After hours: $198.35(+0.25%) · as of 7:58 PM ET
Market Cap
$249.13B
52w High
$214.89
52w Low
$114.52
P/E
62.36
Volume
5.21M
Outstanding Shares
1.26B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 43.73% over the last year. Revenue grew 32.57% over the trailing twelve months. Operating margin moved from 43.14% to 43.14%. Free cash flow grew 29.68% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (78th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 43.14% — continued expansion would be needed to justify the premium. Revenue growth of 32.57% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Arista Networks, Inc. is a leading global technology firm that designs, promotes, and distributes innovative cloud networking solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions.
Valuation
Stock splits
Every 1 shares became 4
Every 1 shares became 4
Profitability & growth
Analyst consensus
40
Buy
13
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 3, 2026
Q4 FY26 · EPS est $1.06 · Revenue est $3.32B
View