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Arista Networks ANET

US equityMarket cap rank #53Computer HardwareArtificial Intelligence
$205.91
+$2.44 (+1.20%)
Market open · Sep 24, 1:10 pm ET
After hours $203.14 -0.16%
Open$199.49
Prev close$203.47
Day range$198.76 – $206.54
Volume1.54M
Market cap$259.70B
P/E (TTM)65.2
Dividend yield

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

ANET at a glance

Arista Networks (ANET) is trading at $205.91, up 1.20% on the day. Its market value of $259.70B makes it the 53rd largest of the 300 companies we follow.

The 52-week range is $114.52 to $214.89. Today's price is about 91% of the way from the low to the high. Holders are ahead 44.4% over twelve months, and up 27.3% across the last three months.

On the chart it holds above both the 50-day ($188.80) and 200-day ($156.27) moving averages; RSI is 58, and the last 30 sessions moved at roughly 48% annualized volatility.

Revenue for the quarter ended Jun 2026 was $3.04B, up 37.7% from a year earlier, with $1.21B of net profit (a 38.4% margin).

The stock changes hands at 65.2 times trailing earnings, 47% above its five-year average of 44.4. The median for its industry group is 61.8.

18 analysts follow the stock and the average call is "buy". The mean target, $246.06, sits 19.5% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Arista Networks: the business

Arista Networks sells high-speed data-center switches and the software that runs them. Microsoft and Meta are among its largest customers.

What tends to move it. Cloud and AI data-center build-outs drive orders. Customer concentration is the main risk, since a handful of buyers account for a big share of sales.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+1.2%
1 week
+4.2%
1 month
+9.4%
3 months
+27.3%
6 months
+57.4%
Year to date
+57.1%
1 year
+44.4%
Day range
$198.76$206.54
52-week range
$114.52$214.89

Technical signals

Full technicals →
Trend readStrong uptrend

7 bullish · 0 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+5.0%Bullish
Price vs 50-day average+9.1%Bullish
Price vs 200-day average+31.8%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)57.8Bullish
MACD (12,26,9)3.69Bullish
Bollinger band position92%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$205.78 / $206.11
Average price today$203.84
Volume1.54MAvg (90d) 7.49M
Turnover$314.43M
Turnover rate0.15%of shares outstanding
Volume ratio0.44vs. recent average pace
Day amplitude3.83%
Market cap$259.70B
Float market cap$216.05B
Shares outstanding1.05B
EPS (TTM)$2.75
P/E (TTM)65.16
P/B17.55
Book value / share$11.73
Earnings yield0.27%
Net profit (TTM)$3.47B
Net assets$14.80B
30-day volatility47.6%annualized
Avg daily range (ATR)3.69%of price, 14 days
Max drawdown (1y)-28.3%-2.2% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How ANET ranks on BeStock

Market value#53 of 300
P/E (cheapest = 1)#258 of 283
Closeness to 52-week high#31 of 300
Dollar volume today#116 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$3.04B+37.7% YoY
Operating profit$1.38B+39.7% YoY
Net profit$1.21B+36.5% YoY
Diluted EPS$0.95+35.7% YoY
Free cash flow$1.05B-10.4% YoY
Operating cash flow$1.08B

Revenue, last 8 quarters

$1.8BSep '24$1.9BDec '24$2.0BMar '25$2.2BJun '25$2.3BSep '25$2.5BDec '25$2.7BMar '26$3.0BJun '26

Net profit, last 8 quarters

$748.0MSep '24$801.0MDec '24$813.8MMar '25$888.8MJun '25$853.0MSep '25$955.8MDec '25$1.0BMar '26$1.2BJun '26

Profitability & balance sheet

Gross margin63.0%
Operating margin43.1%
Net margin38.4%
Return on equity31.5%
Return on assets20.1%
Return on invested capital28.7%
Current ratio2.96
Liabilities / assets37.6%
Cash & investments$13.34B
Net cash (debt)$13.34B
Free cash flow / sales48.9%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Product$2.61B 85.8%
  • Service$430.50M 14.2%
Average move on report day±8.3%last 16 reports
Closed higher9 of 1656% of the time
Best reaction+19.7%
Worst reaction-13.6%

Stock move on the day after each report

-7.1%2024/Q3-6.4%2024/Q4-4.8%2025/Q1+17.5%2025/Q2-8.6%2025/Q3+4.8%2025/Q4-13.6%2026/Q1+3.6%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings59.4x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 44.4x

#2612 of 2977 stocks by PE (1 = cheapest)

Price / book16.0x
CheapRich

Near the top of its 5-year range · 91st percentile, 5-year average 11.7x

#5036 of 5303 stocks by PB (1 = cheapest)

Price / sales22.5x
CheapRich

Near the top of its 5-year range · 92nd percentile, 5-year average 15.3x

#4697 of 5143 stocks by PS (1 = cheapest)

P/E over five years

28x40x53x65xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$230.00
Price vs. fair value-10.5%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts18
Average target$246.06+19.5% vs. price
  • Buy 100%
Low $215.00Now $205.91Avg $246.06High $289.00

Latest rating actions

  • 31 Aug 2026Deutsche BankBUY · PT $220.00
  • 27 Aug 2026BofA SecuritiesBUY · PT $240.00
  • 21 Aug 2026Piper SandlerBUY · PT $240.00
  • 10 Aug 2026Goldman SachsBUY · PT $225.00
  • 6 Aug 2026CitiBUY · PT $215.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership73.0%-0.11 pts vs. prior quarter
Institutions holding2,692-10 vs. prior quarter
Insider trades (recent)11 buys / 9 sellsNet buying
Short interest1.15% of floatDays to cover 2.5 · as of 31 Aug 2026
Short-sale volume share20.7%5-day average of daily volume

Short-sale volume as % of daily volume

17%21%26%30%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$21.06M (8 inflow days, 12 outflow days).

Latest headlines

More news →
  • Goldman Sachs: Initiates Arista Networks (ANET.US) with a "Buy" rating; price target set at $225Zhitong Finance · 9 Sep 2026
  • Arista Networks(ANET.US) 10% Shareholder Sells US$60.78 Million in Common StockMarket news · 1 Sep 2026
  • Deutsche Bank Initiates Arista Networks(ANET.US) With Buy Rating, Announces Target Price $220Market news · 1 Sep 2026
  • Citi Maintains Arista Networks(ANET.US) With Buy Rating, Raises Target Price to $215Market news · 7 Aug 2026
  • A Quick Look at Today's Ratings for Arista Networks(ANET.US), With a Forecast Between $215 to $250Market news · 6 Aug 2026
  • A Quick Look at Today's Ratings for Arista Networks(ANET.US), With a Forecast Between $220 to $289Market news · 5 Aug 2026

ANET stock: common questions

How is Arista Networks stock doing today?

$205.91 is the latest print for ANET, a move of +1.20% against yesterday's close of $203.47. Today's low and high so far: $198.76 and $206.54.

What is ANET worth in total?

Equity value comes to $259.70B at the current price. By that measure it is number 53 of the 300 names in our coverage.

What multiple of earnings does ANET sell for?

Buyers pay 65.2 times the last twelve months of profit (EPS $2.75). Averaged over five years the multiple has been 44.4, and today's level ranks in the 94th percentile of its own history.

Where does ANET sit in its 52-week range?

The year's floor is $114.52 and the ceiling $214.89. Shares are 4.2% away from that ceiling.

Does ANET send cash back through a dividend?

Our data shows no dividend paid by Arista Networks over the trailing twelve months.

What is the analyst view on Arista Networks?

Of 18 analysts, 100% say buy, 0% hold and 0% sell. Price targets average $246.06, with the most cautious at $215.00 and the most optimistic at $289.00.

What does Arista Networks do?

Arista Networks sells high-speed data-center switches and the software that runs them. Microsoft and Meta are among its largest customers.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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