Arista Networks (ANET)
NYSEInformation TechnologyComputer HardwareSnapshot 2026-09-14
$187.81-5.90%
Close 2026-09-14 · 1-day change
NYSEInformation TechnologyComputer HardwareSnapshot 2026-09-14
Research Workspace
Put ANET beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Communications Equipment is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 33% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, earnings delivery, margins.
View ManagementExpectations look high — the market is pricing in about 59% growth a year, above the roughly 41% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 3% on a typical day and fell roughly 28% in its worst 12-month stretch.
View RiskArista Networks must continue to capitalize on AI and data center demand to justify its valuation. Revenue grew 37.7% year over year in Q2 FY2026, with a strong earnings beat. It trades at 59× P/E versus a peer median of 38×, indicating the market is pricing in more growth than expected. If guidance is cut on the next call, the stock could face a significant decline, with a 15% miss probability. Peer multiples imply a price about 63% below where it trades (it looks expensive on this basis). This read is provisional.
Trailing returns as of 2026-09-14. ANET is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 31 analysts currently covering ANET (as of Sep 2026).
Based on 10 Wall Street analysts offering 12-month price targets for ANET in the last 4 months.
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Compare ANET with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
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| ANET Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Communications Equipment — fair value, gap to price, and forward P/E.
Compare the value case
Put ANET next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Invest in AI networking and platform innovation
AI networking growth aligns with innovation investment objective.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $187.81
The last 12 months of price, then the range of analyst 12-month targets from today’s $187.81.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Highlights competitive advantage over Celestica, supporting growth.
Threatens: Invest in AI networking and platform innovation
AI investments may delay revenue growth realization.
Threatens: Invest in AI networking and platform innovation
Political risk could hinder AI networking investments.
Advances: Invest in AI networking and platform innovation
AI networking investment aligns with innovation objectives.
Advances: Achieve strong revenue growth
Q3 revenue guidance upgrade supports strong revenue growth objective.
Advances: Achieve strong revenue growth
Earnings highlight strong AI demand, supporting revenue growth.
Advances: Achieve revenue growth
Exceeding earnings estimates supports revenue growth objective.
