Symbols / ANET
ANET Chart
About
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.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Computer Hardware | Market Cap | 172.74B |
| Enterprise Value | 161.64B | Income | 3.51B | Sales | 9.01B |
| Book/sh | 9.85 | Cash/sh | 8.55 | Dividend Yield | — |
| Payout | 0.00% | Employees | 5115 | IPO | — |
| P/E | 50.06 | Forward P/E | 32.35 | PEG | — |
| P/S | 19.18 | P/B | 13.93 | P/C | — |
| EV/EBITDA | 41.14 | EV/Sales | 17.95 | Quick Ratio | 2.35 |
| Current Ratio | 3.05 | Debt/Eq | 0.18 | LT Debt/Eq | — |
| EPS (ttm) | 2.74 | EPS next Y | 4.24 | EPS Growth | 19.10% |
| Revenue Growth | 28.90% | Earnings | 2026-05-05 | ROA | 14.39% |
| ROE | 31.40% | ROIC | — | Gross Margin | 64.06% |
| Oper. Margin | 41.52% | Profit Margin | 38.99% | Shs Outstand | 1.26B |
| Shs Float | 1.04B | Short Float | 1.24% | Short Ratio | 1.36 |
| Short Interest | — | 52W High | 164.94 | 52W Low | 59.43 |
| Beta | 1.46 | Avg Volume | 7.93M | Volume | 6.71M |
| Target Price | $178.06 | Recom | Strong_buy | Prev Close | $132.89 |
| Price | $137.17 | Change | 3.22% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$178.06
Mean price target
2. Current target
$137.17
Latest analyst target
3. DCF / Fair value
$48.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$137.17
Low
$140.00
High
$220.00
Mean
$178.06
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-18 | reit | Needham | Buy → Buy | $185 |
| 2026-02-13 | main | Goldman Sachs | Buy → Buy | $188 |
| 2026-02-13 | main | Evercore ISI Group | Outperform → Outperform | $200 |
| 2026-02-13 | main | Barclays | Overweight → Overweight | $184 |
| 2026-02-13 | main | Wells Fargo | Overweight → Overweight | $185 |
| 2026-02-13 | reit | Piper Sandler | Overweight → Overweight | $175 |
| 2026-02-13 | main | Keybanc | Overweight → Overweight | $178 |
| 2026-02-13 | main | Rosenblatt | Neutral → Neutral | $165 |
| 2026-02-13 | main | Needham | Buy → Buy | $185 |
| 2026-02-10 | main | Rosenblatt | Neutral → Neutral | $165 |
| 2026-01-05 | up | Piper Sandler | Neutral → Overweight | $159 |
| 2025-12-17 | main | Morgan Stanley | Overweight → Overweight | $159 |
| 2025-11-05 | main | Barclays | Overweight → Overweight | $183 |
| 2025-11-05 | reit | Piper Sandler | Neutral → Neutral | $145 |
| 2025-11-05 | main | Rosenblatt | Neutral → Neutral | $140 |
| 2025-10-10 | main | Morgan Stanley | Overweight → Overweight | $171 |
| 2025-09-16 | main | Needham | Buy → Buy | $160 |
| 2025-09-12 | main | Melius Research | Buy → Buy | $185 |
| 2025-09-12 | main | Goldman Sachs | Buy → Buy | $175 |
| 2025-09-12 | main | Morgan Stanley | Overweight → Overweight | $140 |
- Capital Research Global Investors Decreases Stock Holdings in Arista Networks, Inc. $ANET - MarketBeat ue, 10 Mar 2026 11
- Should You Buy ANET Stock At $135? - Forbes hu, 05 Mar 2026 17
- Arista Networks: AI Race Continues, The Stock Is A Portfolio Holding (NYSE:ANET) - Seeking Alpha Mon, 09 Mar 2026 17
- Is Arista Networks (ANET) Stock Outpacing Its Computer and Technology Peers This Year? - Yahoo Finance Fri, 20 Feb 2026 08
- 1 Underrated Artificial Intelligence (AI) Stock to Buy Before It Jumps 33%, According to Wall Street - The Motley Fool hu, 26 Feb 2026 08
- Top Wall Street analysts are bullish on the growth potential of these three stocks - CNBC Sun, 22 Feb 2026 08
- Vestcor Inc Buys 8,674 Shares of Arista Networks, Inc. $ANET - MarketBeat ue, 10 Mar 2026 10
- Is Most-Watched Stock Arista Networks, Inc. (ANET) Worth Betting on Now? - Yahoo Finance Fri, 30 Jan 2026 08
- Banque Cantonale Vaudoise Raises Stock Position in Arista Networks, Inc. $ANET - MarketBeat ue, 10 Mar 2026 07
- Goldman Sachs Raises PT on Arista Networks, Inc. (ANET) Stock - Yahoo Finance Mon, 23 Feb 2026 08
- Swiss National Bank Reduces Stock Position in Arista Networks, Inc. $ANET - MarketBeat Mon, 09 Mar 2026 12
- Arista Networks, Inc. $ANET Shares Sold by Korea Investment CORP - MarketBeat Sun, 08 Mar 2026 12
- Arista Networks, Inc. $ANET Shares Sold by WINTON GROUP Ltd - MarketBeat Mon, 09 Mar 2026 12
- Arista Networks, Inc. $ANET Shares Sold by B. Metzler seel. Sohn & Co. AG - MarketBeat Sun, 08 Mar 2026 08
- Russell Investments Group Ltd. Sells 280,863 Shares of Arista Networks, Inc. $ANET - MarketBeat Mon, 09 Mar 2026 11
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 8000 | 1029372.0 | — | Sale at price 127.90 - 129.95 per share. | GIANCARLO CHARLES H | Director | — | 2026-03-02 00:00:00 | I |
| 1 | 1815 | 240380.0 | — | Sale at price 129.41 - 133.35 per share. | WASSENAAR YVONNE | Director | — | 2026-02-25 00:00:00 | D |
| 2 | 422 | 54042.0 | — | Sale at price 126.85 - 131.46 per share. | BATTLES KELLY BODNAR | Director | — | 2026-02-23 00:00:00 | D |
| 3 | 971 | nan | — | — | WASSENAAR YVONNE | Director | — | 2026-02-20 00:00:00 | D |
| 4 | 971 | nan | — | — | BATTLES KELLY BODNAR | Director | — | 2026-02-20 00:00:00 | D |
| 5 | 42534 | nan | — | — | BREITHAUPT CHANTELLE YVETTE | Chief Financial Officer | — | 2026-02-20 00:00:00 | D |
| 6 | 10360 | nan | — | — | NIGHTINGALE TODD | President | — | 2026-02-20 00:00:00 | D |
| 7 | 808 | nan | — | — | LAVENDER ROBERT G | Director | — | 2026-02-20 00:00:00 | D |
| 8 | 971 | nan | — | — | SCHEINMAN DANIEL | Director | — | 2026-02-20 00:00:00 | D |
| 9 | 971 | nan | — | — | GIANCARLO CHARLES H | Director | — | 2026-02-20 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.17 | 0.13 | 0.14 | 0.14 |
| NormalizedEBITDA | 3.93B | 3.01B | 2.33B | 1.59B |
| TotalUnusualItems | 18.70M | 27.48M | ||
| TotalUnusualItemsExcludingGoodwill | 18.70M | 27.48M | ||
| NetIncomeFromContinuingOperationNetMinorityInterest | 3.51B | 2.85B | 2.09B | 1.35B |
| ReconciledDepreciation | 72.60M | 62.00M | 70.60M | 62.70M |
| ReconciledCostOfRevenue | 3.24B | 2.51B | 2.23B | 1.71B |
| EBITDA | 3.93B | 3.01B | 2.33B | 1.59B |
| EBIT | 3.86B | 2.94B | 2.26B | 1.53B |
| NetInterestIncome | 383.40M | 311.00M | 152.40M | 27.56M |
| InterestIncome | 383.40M | 311.00M | 152.40M | 27.56M |
| NormalizedIncome | 3.51B | 2.85B | 2.09B | 1.35B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 3.51B | 2.85B | 2.09B | 1.35B |
| TotalExpenses | 5.15B | 4.06B | 3.60B | 2.85B |
| TotalOperatingIncomeAsReported | 3.86B | 2.94B | 2.26B | 1.53B |
| DilutedAverageShares | 1.28B | 1.28B | 1.27B | 1.27B |
| BasicAverageShares | 1.26B | 1.26B | 1.24B | 1.23B |
| DilutedEPS | 2.75 | 2.23 | 1.65 | 1.07 |
| BasicEPS | 2.79 | 2.27 | 1.69 | 1.10 |
| DilutedNIAvailtoComStockholders | 3.51B | 2.85B | 2.09B | 1.35B |
| NetIncomeCommonStockholders | 3.51B | 2.85B | 2.09B | 1.35B |
| NetIncome | 3.51B | 2.85B | 2.09B | 1.35B |
| NetIncomeIncludingNoncontrollingInterests | 3.51B | 2.85B | 2.09B | 1.35B |
| NetIncomeContinuousOperations | 3.51B | 2.85B | 2.09B | 1.35B |
| TaxProvision | 738.30M | 413.00M | 334.70M | 229.35M |
| PretaxIncome | 4.25B | 3.27B | 2.42B | 1.58B |
| OtherIncomeExpense | 10.20M | 9.50M | 12.30M | 27.13M |
| OtherNonOperatingIncomeExpenses | 10.20M | 9.50M | 12.30M | 27.13M |
| GainOnSaleOfSecurity | 18.70M | 27.48M | ||
| NetNonOperatingInterestIncomeExpense | 383.40M | 311.00M | 152.40M | 27.56M |
| InterestIncomeNonOperating | 383.40M | 311.00M | 152.40M | 27.56M |
| OperatingIncome | 3.86B | 2.94B | 2.26B | 1.53B |
| OperatingExpense | 1.91B | 1.55B | 1.37B | 1.15B |
| ResearchAndDevelopment | 1.24B | 996.70M | 854.90M | 728.39M |
| SellingGeneralAndAdministration | 675.30M | 550.00M | 518.10M | 420.20M |
| SellingAndMarketingExpense | 533.40M | 427.30M | 399.00M | 326.95M |
| GeneralAndAdministrativeExpense | 141.90M | 122.70M | 119.10M | 93.24M |
| OtherGandA | 141.90M | 122.70M | 119.10M | 93.24M |
| GrossProfit | 5.77B | 4.49B | 3.63B | 2.68B |
| CostOfRevenue | 3.24B | 2.51B | 2.23B | 1.71B |
| TotalRevenue | 9.01B | 7.00B | 5.86B | 4.38B |
| OperatingRevenue | 9.01B | 7.00B | 5.86B | 4.38B |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 1.26B | 1.26B | 1.25B | 1.23B |
| ShareIssued | 1.26B | 1.26B | 1.25B | 1.23B |
| TotalDebt | 43.96M | 56.53M | ||
| TangibleBookValue | 11.95B | 9.73B | 6.86B | 4.50B |
| InvestedCapital | 12.37B | 9.99B | 7.22B | 4.89B |
| WorkingCapital | 11.01B | 9.18B | 6.48B | 4.26B |
| NetTangibleAssets | 11.95B | 9.73B | 6.86B | 4.50B |
| CapitalLeaseObligations | 43.96M | 56.53M | ||
| CommonStockEquity | 12.37B | 9.99B | 7.22B | 4.89B |
| TotalCapitalization | 12.37B | 9.99B | 7.22B | 4.89B |
| TotalEquityGrossMinorityInterest | 12.37B | 9.99B | 7.22B | 4.89B |
| StockholdersEquity | 12.37B | 9.99B | 7.22B | 4.89B |
| GainsLossesNotAffectingRetainedEarnings | 12.00M | -13.20M | -3.33M | -33.91M |
| OtherEquityAdjustments | 12.00M | -13.20M | -3.33M | -33.91M |
| RetainedEarnings | 9.45B | 7.54B | 5.11B | 3.14B |
| AdditionalPaidInCapital | 2.91B | 2.47B | 2.11B | 1.78B |
| CapitalStock | 100.00K | 100.00K | 125.00K | 31.00K |
| CommonStock | 100.00K | 100.00K | 125.00K | 31.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 7.08B | 4.05B | 2.74B | 1.89B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 1.70B | 1.32B | 818.14M | 596.06M |
| OtherNonCurrentLiabilities | 331.80M | 252.80M | 227.14M | 102.41M |
| TradeandOtherPayablesNonCurrent | 95.75M | 89.84M | 69.92M | |
| NonCurrentDeferredLiabilities | 1.37B | 1.06B | 591.00M | 403.81M |
| NonCurrentDeferredRevenue | 1.37B | 1.06B | 591.00M | 403.81M |
| NonCurrentDeferredTaxesLiabilities | 42.00K | 129.07M | ||
| LongTermDebtAndCapitalLeaseObligation | 43.96M | 56.53M | ||
| LongTermCapitalLeaseObligation | 43.96M | 56.53M | ||
| CurrentLiabilities | 5.38B | 2.73B | 1.92B | 1.29B |
| OtherCurrentLiabilities | 246.80M | 188.50M | 161.87M | 131.04M |
| CurrentDeferredLiabilities | 4.00B | 1.73B | 915.20M | 637.43M |
| CurrentDeferredRevenue | 4.00B | 1.73B | 915.20M | 637.43M |
| PensionandOtherPostRetirementBenefitPlansCurrent | 147.85M | 134.22M | 117.05M | |
| PayablesAndAccruedExpenses | 1.13B | 816.40M | 708.14M | 408.01M |
| CurrentAccruedExpenses | 475.40M | 435.30M | 273.08M | 175.43M |
| Payables | 651.70M | 381.10M | 435.06M | 232.57M |
| AccountsPayable | 651.70M | 381.10M | 435.06M | 232.57M |
| TotalAssets | 19.45B | 14.04B | 9.96B | 6.78B |
| TotalNonCurrentAssets | 3.06B | 2.13B | 1.56B | 1.22B |
| OtherNonCurrentAssets | 668.80M | 325.30M | 151.90M | 166.61M |
| NonCurrentDeferredAssets | 1.77B | 1.44B | 945.79M | 574.91M |
| NonCurrentDeferredTaxesAssets | 1.77B | 1.44B | 945.79M | 574.91M |
| InvestmentsAndAdvances | 39.47M | 20.25M | ||
| GoodwillAndOtherIntangibleAssets | 416.10M | 268.50M | 357.30M | 388.13M |
| OtherIntangibleAssets | 62.01M | 88.77M | 122.20M | 93.56M |
| Goodwill | 416.10M | 268.50M | 268.53M | 265.92M |
| NetPPE | 203.10M | 98.80M | 101.58M | 95.01M |
| AccumulatedDepreciation | -248.70M | -219.40M | -188.08M | -156.85M |
| GrossPPE | 451.80M | 318.20M | 289.66M | 251.86M |
| Leases | 38.40M | 34.70M | 34.58M | 30.10M |
| ConstructionInProgress | 107.90M | 8.20M | 4.24M | 2.12M |
| OtherProperties | 175.80M | 65.18M | ||
| MachineryFurnitureEquipment | 258.20M | 228.10M | 206.19M | 178.13M |
| LandAndImprovements | 47.30M | 47.20M | 44.65M | 41.50M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 16.39B | 11.91B | 8.40B | 5.55B |
| OtherCurrentAssets | 632.29M | 412.52M | 124.36M | 172.89M |
| PrepaidAssets | 1.51B | 632.30M | 412.52M | 314.22M |
| Inventory | 2.25B | 1.83B | 1.95B | 1.29B |
| FinishedGoods | 1.64B | 1.27B | 1.01B | 530.19M |
| RawMaterials | 611.20M | 565.40M | 930.78M | 759.52M |
| Receivables | 1.89B | 1.14B | 1.03B | 923.10M |
| AccountsReceivable | 1.89B | 1.14B | 1.03B | 923.10M |
| AllowanceForDoubtfulAccountsReceivable | -9.91M | -5.39M | -5.09M | |
| GrossAccountsReceivable | 1.03B | 928.49M | 521.60M | |
| CashCashEquivalentsAndShortTermInvestments | 10.74B | 8.30B | 5.01B | 3.02B |
| OtherShortTermInvestments | 8.78B | 5.54B | 3.07B | 2.35B |
| CashAndCashEquivalents | 1.96B | 2.76B | 1.94B | 671.71M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 4.25B | 3.68B | 2.00B | 448.17M |
| RepurchaseOfCapitalStock | -1.60B | -423.60M | -112.30M | -670.29M |
| CapitalExpenditure | -119.50M | -32.00M | -34.40M | -44.64M |
| IncomeTaxPaidSupplementalData | 1.10B | 970.60M | 686.20M | 427.85M |
| EndCashPosition | 1.97B | 2.76B | 1.94B | 675.98M |
| BeginningCashPosition | 2.76B | 1.94B | 676.00M | 625.05M |
| EffectOfExchangeRateChanges | 1.70M | -4.80M | 800.00K | -3.61M |
| ChangesInCash | -800.20M | 829.10M | 1.26B | 54.54M |
| FinancingCashFlow | -1.60B | -421.80M | -83.80M | -654.60M |
| CashFlowFromContinuingFinancingActivities | -1.60B | -421.80M | -83.80M | -654.60M |
| NetOtherFinancingCharges | -50.50M | -58.40M | -33.60M | -32.73M |
| ProceedsFromStockOptionExercised | 57.70M | 60.20M | 62.10M | 48.41M |
| NetCommonStockIssuance | -1.60B | -423.60M | -112.30M | -670.29M |
| CommonStockPayments | -1.60B | -423.60M | -112.30M | -670.29M |
| InvestingCashFlow | -3.58B | -2.46B | -687.50M | 216.33M |
| CashFlowFromContinuingInvestingActivities | -3.58B | -2.46B | -687.50M | 216.33M |
| NetOtherInvestingChanges | 14.90M | -6.60M | -3.20M | -12.69M |
| NetInvestmentPurchaseAndSale | -3.17B | -2.42B | -651.70M | 418.75M |
| SaleOfInvestment | 3.58B | 2.11B | 1.96B | 1.84B |
| PurchaseOfInvestment | -6.75B | -4.53B | -2.61B | -1.42B |
| NetBusinessPurchaseAndSale | -300.00M | 0.00 | 1.80M | -145.09M |
| SaleOfBusiness | 0.00 | 1.80M | 1.30M | |
| PurchaseOfBusiness | -300.00M | 0.00 | -145.09M | -19.93M |
| NetPPEPurchaseAndSale | -119.50M | -32.00M | -34.40M | -44.64M |
| PurchaseOfPPE | -119.50M | -32.00M | -34.40M | -44.64M |
| OperatingCashFlow | 4.37B | 3.71B | 2.03B | 492.81M |
| CashFlowFromContinuingOperatingActivities | 4.37B | 3.71B | 2.03B | 492.81M |
| ChangeInWorkingCapital | 687.80M | 985.20M | -15.90M | -912.82M |
| ChangeInOtherWorkingCapital | 2.45B | 1.29B | 465.00M | 142.98M |
| ChangeInOtherCurrentLiabilities | 119.40M | 47.80M | 128.10M | 71.12M |
| ChangeInOtherCurrentAssets | -937.40M | -234.20M | -66.40M | -117.47M |
| ChangeInPayablesAndAccruedExpense | 212.70M | -118.10M | 218.80M | 31.44M |
| ChangeInAccruedExpense | 66.59M | 83.52M | ||
| ChangeInPayable | 212.70M | -118.10M | 218.80M | 31.44M |
| ChangeInAccountPayable | 260.50M | -51.60M | 198.60M | 31.44M |
| ChangeInTaxPayable | -47.80M | -66.50M | 20.20M | 44.03M |
| ChangeInIncomeTaxPayable | -47.80M | -66.50M | 20.20M | 44.03M |
| ChangeInPrepaidAssets | -85.17M | -134.81M | ||
| ChangeInInventory | -412.50M | 110.60M | -655.50M | -638.95M |
| ChangeInReceivables | -746.40M | -106.10M | -105.90M | -401.95M |
| ChangesInAccountReceivables | -746.40M | -106.10M | -105.90M | -401.95M |
| OtherNonCashItems | -27.10M | -53.60M | -34.00M | -8.83M |
| StockBasedCompensation | 439.20M | 355.40M | 296.80M | 230.93M |
| UnrealizedGainLossOnInvestmentSecurities | -27.48M | 0.00 | ||
| AmortizationOfSecurities | -60.47M | -33.52M | 12.77M | 26.85M |
| DeferredTax | -312.00M | -492.90M | -370.80M | -244.38M |
| DeferredIncomeTax | -312.00M | -492.90M | -370.80M | -244.38M |
| DepreciationAmortizationDepletion | 72.60M | 62.00M | 70.60M | 62.70M |
| DepreciationAndAmortization | 72.60M | 62.00M | 70.60M | 62.70M |
| Depreciation | 70.63M | 62.70M | 50.33M | |
| OperatingGainsLosses | -18.70M | -27.48M | ||
| GainLossOnInvestmentSecurities | -18.70M | -27.48M | ||
| NetIncomeFromContinuingOperations | 3.51B | 2.85B | 2.09B | 1.35B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for ANET
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|