Is ANET a good stock to buy right now?

Based on our 6-factor quantitative model, Arista Networks, Inc. (ANET) receives a "Reduce" rating with a composite score of 44.7/100. It is ranked #2,453 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 50/100, Momentum 52/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for ANET?

Arista Networks, Inc. (ANET) has a "Reduce" rating and 2-star score. The composite score of 44.7 ranks it #2,453 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is ANET in?

Arista Networks, Inc. operates in the Technology sector (Computer Hardware industry) with a market cap of $156.88 billion. It is classified as a large-cap stock.

Does ANET pay a dividend?

ANET does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is ANET's P/E ratio?

ANET has a trailing P/E ratio of 50.83x. The Technology sector average is 45.3x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is ANET?

ANET's quality factor score is 50/100. Gross margin: 64.4%. ROE: 26.7% vs sector average -1.4%. High margins suggest pricing power and competitive moats.

How is ANET valued compared to peers?

ANET's value factor score is 50/100 (higher = cheaper). Key multiples: P/E 50.8x, EV/EBITDA 46.5x. Valuation is roughly in line with peers.

What is ANET's debt level?

ANET's debt-to-equity ratio is 57%. Sector average: 43%. Moderate leverage is normal for established companies.

ANET has a beta of 1.62, meaning it amplifies market moves. Stability score: 42/100.

Does ANET have high short interest?

ANET's short interest factor score is 26/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

ANET Stock Analysis: Reduce (Score 44.7/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
ANET	+0.89%	+16.32%	+5.54%	+12.46%	+102.82%	-	-	-
Industry Proxy XLK	+0.39%	+4.88%	+2.05%	-0.94%	-26.62%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+0.96%	+12.71%	+5.20%	+12.82%	+73.30%	-	-	-
Alpha vs Sector	+0.50%	+11.44%	+3.49%	+13.39%	+129.45%	-	-	-

Metric	ANET	Benchmark
P/E Ratio	50.8x	+12%
EV/EBITDA	46.5x	+264%
Price / Book	13.6x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
VRSN VERISIGN INC/CA	56	79	59	40	30.3x	-41.1%	88.0%	50.6%	8.3%	-87.0x	$23.0B	VS
IHS IHS Holding Ltd	55	42	63	63	-	-616.0%	48.0%	-96.1%	-	365.0x	$2.8B	VS
LHX L3HARRIS TECHNOLOGIES, INC. /DE/	55	50	52	66	38.3x	9.0%	25.5%	8.1%	10.3%	110.0x	$66.1B	VS
ESP ESPEY MFG & ELECTRONICS CORP	53	48	44	71	26.3x	12.8%	29.0%	17.1%	-11.7%	66.0x	$169M	VS
NYAX Nayax Ltd.	52	38	46	78	-	-13.6%	44.6%	-1.8%	-	30.0x	$2.2B	VS
ESE ESCO TECHNOLOGIES INC	52	49	40	69	69.6x	7.4%	40.8%	10.4%	16.3%	9.0x	$7.6B	VS
INTT INTEST CORP	52	50	32	72	-	-3.2%	43.1%	-3.1%	-22.8%	46.0x	$179M	VS
KARO Karooooo Ltd.	49	50	72	53	-	117.1%	69.5%	20.3%	-	10.0x	$1.6B	VS
MTC MMTec, Inc.	47	32	40	96	-	-1,370.8%	81.6%	-4,879.7%	-	120.0x	$136M	VS
CCLD CareCloud, Inc.	47	38	71	60	11.9x	18.5%	48.0%	9.6%	10.6%	47.0x	$154M	VS
ANET Arista Networks, Inc.	45	50	50	52	50.8x	26.7%	64.4%	39.8%	36.6%	57.0x	$156.9B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%	0.6%
Operating Margin %	0.4%	0.4%	0.4%	0.4%	0.3%	0.3%	0.3%	0.3%	0.1%	0.3%	0.2%
EBITDA Margin %	0.4%	0.4%	0.5%	0.4%	0.3%	0.3%	0.3%	0.4%	-	0.3%	0.2%
Net Margin %	0.4%	0.4%	0.4%	0.4%	0.3%	0.3%	0.3%	0.4%	0.2%	0.3%	0.2%
FCF Margin %	9.5%	-	52.5%	-	-	-	31.1%	39.3%	-	37.4%	13.5%
ROE %	0.3%	0.3%	0.3%	0.3%	0.3%	0.2%	0.2%	0.3%	-0.9%	0.3%	0.2%
ROA %	0.2%	0.2%	0.2%	0.2%	0.2%	0.1%	0.1%	0.2%	-0.6%	0.2%	0.1%
ROIC %	28.4%	24.6%	32.2%	24.7%	24.7%	18.4%	22.8%	35.7%	-99.3%	46.3%	33.2%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.6%

Operating Margin %

0.4%

0.3%

0.1%

0.3%

0.2%

EBITDA Margin %

0.4%

0.5%

0.4%

0.3%

0.4%

0.3%

0.2%

Net Margin %

0.4%

0.3%

0.4%

0.2%

0.3%

0.2%

FCF Margin %

9.5%

52.5%

31.1%

39.3%

37.4%

13.5%

ROE %

0.3%

0.2%

0.3%

-0.9%

0.3%

0.2%

ROA %

0.2%

0.1%

0.2%

-0.6%

0.2%

0.1%

ROIC %

28.4%

24.6%

32.2%

24.7%

18.4%

22.8%

35.7%

-99.3%

46.3%

33.2%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$8.3B	$9.0B	$7.0B	$5.9B	$4.4B	$2.9B	$2.3B	$2.4B	$0	$1.6B	$1.1B	$838M
	—	$3.2B	—	$2.2B	$1.7B	$1.1B	—	—	—	—	—	—
	$5.4B	$5.8B	$4.5B	$3.6B	$2.7B	$1.9B	$1.5B	$1.5B	-$778M	$1.1B	$723M	$544M
Gross Margin	64.4%	64.1%	64.1%	62.0%	61.1%	63.8%	63.9%	64.1%	63.8%	64.5%	64.0%	64.9%
	—	$1.2B	$997M	$855M	$728M	$587M	$487M	$463M	$442M	$350M	$274M	$209M
Depreciation	—	—	$2M	—	—	—	$55M	$26M	$24M	$22M	$21M	$15M
Total Operating Expenses	—	$1.9B	—	$1.4B	$1.1B	$956M	—	—	—	—	—	—
	$3.6B	$3.9B	$2.9B	$2.3B	$1.5B	$925M	$700M	$806M	-$1.9B	$470M	$243M	$149M
EBIT	$3.6B	$3.9B	$2.9B	$2.3B	$1.5B	$925M	$700M	$806M	-$1.9B	$470M	$243M	$149M
EBITDA	$3.6B	$3.9B	$3.3B	$2.3B	$1.5B	$925M	$784M	$888M	$313M	$497M	$267M	$164M
Operating Margin	43.3%	42.8%	42.0%	38.5%	34.9%	31.4%	30.2%	33.4%	12.7%	28.6%	21.6%	17.8%
EBITDA Margin	43.3%	42.8%	46.6%	38.5%	34.9%	31.4%	33.8%	36.9%	---	30.2%	23.6%	19.6%
	—	—	—	—	—	—	—	—	$3M	$3M	$3M	$3M
	—	$4.2B	—	$2.4B	$1.6B	$931M	—	—	—	—	—	—
Income Tax Expense	—	$738M	$413M	$335M	$229M	$90M	$104M	$2M	-$39M	$52M	$58M	$25M
	$3.3B	$3.5B	$2.9B	$2.1B	$1.4B	$841M	$635M	$860M	-$1.8B	$423M	$184M	$121M
Net Margin	39.8%	39.0%	40.7%	35.6%	30.9%	28.5%	27.4%	35.7%	15.3%	25.7%	16.3%	14.5%
	$2.79	$2.79	$2.27	$6.75	$4.41	$2.74	$2.09	$2.82	$4.39	$5.85	$2.66	$1.81
Diluted EPS	$2.79	$2.75	$2.27	$6.58	$4.27	$2.63	$2.09	$2.82	$4.39	$5.85	$2.66	$1.81
Weighted Avg Basic	—	1.3B	—	309M	306M	307M	—	—	—	—	—	—
Weighted Avg Diluted	—	1.3B	—	317M	316M	319M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$8.3B

$9.0B

$7.0B

$5.9B

$4.4B

$2.9B

$2.3B

$2.4B

$1.6B

$1.1B

$838M

—

$3.2B

—

$2.2B

$1.7B

$1.1B

—

$5.4B

$5.8B

$4.5B

$3.6B

$2.7B

$1.9B

$1.5B

-$778M

$1.1B

$723M

$544M

Gross Margin

64.4%

64.1%

62.0%

61.1%

63.8%

63.9%

64.1%

63.8%

64.5%

64.0%

64.9%

—

$1.2B

$997M

$855M

$728M

$587M

$487M

$463M

$442M

$350M

$274M

$209M

Depreciation

—

$2M

—

$55M

$26M

$24M

$22M

$21M

$15M

Total Operating Expenses

—

$1.9B

—

$1.4B

$1.1B

$956M

—

$3.6B

$3.9B

$2.9B

$2.3B

$1.5B

$925M

$700M

$806M

-$1.9B

$470M

$243M

$149M

EBIT

$3.6B

$3.9B

$2.9B

$2.3B

$1.5B

$925M

$700M

$806M

-$1.9B

$470M

$243M

$149M

EBITDA

$3.6B

$3.9B

$3.3B

$2.3B

$1.5B

$925M

$784M

$888M

$313M

$497M

$267M

$164M

Operating Margin

43.3%

42.8%

42.0%

38.5%

34.9%

31.4%

30.2%

33.4%

12.7%

28.6%

21.6%

17.8%

EBITDA Margin

43.3%

42.8%

46.6%

38.5%

34.9%

31.4%

33.8%

36.9%

---

30.2%

23.6%

19.6%

—

$3M

—

$4.2B

—

$2.4B

$1.6B

$931M

—

Income Tax Expense

—

$738M

$413M

$335M

$229M

$90M

$104M

$2M

-$39M

$52M

$58M

$25M

$3.3B

$3.5B

$2.9B

$2.1B

$1.4B

$841M

$635M

$860M

-$1.8B

$423M

$184M

$121M

Net Margin

39.8%

39.0%

40.7%

35.6%

30.9%

28.5%

27.4%

35.7%

15.3%

25.7%

16.3%

14.5%

$2.79

$2.27

$6.75

$4.41

$2.74

$2.09

$2.82

$4.39

$5.85

$2.66

$1.81

Diluted EPS

$2.79

$2.75

$2.27

$6.58

$4.27

$2.63

$2.09

$2.82

$4.39

$5.85

$2.66

$1.81

Weighted Avg Basic

—

1.3B

—

309M

306M

307M

—

Weighted Avg Diluted

—

1.3B

—

317M

316M

319M

—

Arista Networks, Inc. (ANET) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Arista Networks, Inc. Do?

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, 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. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California. Arista Networks, Inc. (ANET) is classified as a large-cap stock in the Technology sector, specifically within the Computer Hardware industry. The company is led by CEO Jayshree V. Ullal and employs approximately 3,610 people, headquartered in SANTA CLARA, California. With a market capitalization of $156.9B, ANET is one of the prominent companies in the Technology sector.

Arista Networks, Inc. (ANET) Stock Rating — Reduce (April 2026)

As of April 2026, Arista Networks, Inc. receives a Reduce rating with a composite score of 44.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.ANET ranks #2,453 out of 4,446 stocks in our coverage universe. Within the Technology sector, Arista Networks, Inc. ranks #265 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

ANET Stock Price and 52-Week Range

Arista Networks, Inc. (ANET) currently trades at $147.36. The stock gained $1.31 (0.9%) in the most recent trading session. The 52-week high for ANET is $164.94, which means the stock is currently trading -10.7% from its annual peak. The 52-week low is $59.43, putting the stock 148.0% above its annual trough. Recent trading volume was 7.1M shares, reflecting moderate market activity.

Is ANET Overvalued or Undervalued? — Valuation Analysis

Arista Networks, Inc. (ANET) carries a value factor score of 50/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 50.83x, compared to the Technology sector average of 45.27x — a premium of 12%. The price-to-book ratio stands at 13.57x, versus the sector average of 3.16x. The price-to-sales ratio is 20.16x, compared to 1.06x for the average Technology stock. On an enterprise value basis, ANET trades at 46.54x EV/EBITDA, versus 12.79x for the sector.

Overall, ANET's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Arista Networks, Inc. Profitability — ROE, Margins, and Quality Score

Arista Networks, Inc. (ANET) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 26.7%, compared to the Technology sector average of -1.4%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 17.0% versus the sector average of -1.0%.

On a margin basis, Arista Networks, Inc. reports gross margins of 64.4%, compared to 50.9% for the sector. The operating margin is 43.3% (sector: -0.5%). Net profit margin stands at 39.8%, versus -1.5% for the average Technology stock. Revenue growth is running at 36.5% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

ANET Debt, Balance Sheet, and Financial Health

Arista Networks, Inc. has a debt-to-equity ratio of 57.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 3.05x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $2.33B.

ANET has a beta of 1.62, meaning it is more volatile than the broader market — a $10,000 investment in ANET would be expected to move 61.9% more than the S&P 500 on any given day. The stability factor score for Arista Networks, Inc. is 42/100, reflecting average volatility within the normal range for its sector.

Arista Networks, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Arista Networks, Inc. reported revenue of $8.33B and earnings per share (EPS) of $2.79. Net income for the quarter was $3.30B. Gross margin was 64.4%. Operating income came in at $3.61B.

In FY 2025, Arista Networks, Inc. reported revenue of $9.01B and earnings per share (EPS) of $2.79. Net income for the quarter was $3.51B. Gross margin was 64.1%. Revenue grew 28.6% year-over-year compared to FY 2024. Operating income came in at $3.86B.

In Q3 2025, Arista Networks, Inc. reported revenue of $2.31B and earnings per share (EPS) of $0.68. Net income for the quarter was $853M. Gross margin was 64.6%. Revenue grew 27.5% year-over-year compared to Q3 2024. Operating income came in at $978M.

In Q2 2025, Arista Networks, Inc. reported revenue of $2.20B and earnings per share (EPS) of $0.71. Net income for the quarter was $889M. Gross margin was 65.3%. Revenue grew 30.4% year-over-year compared to Q2 2024. Operating income came in at $986M.

Over the past 8 quarters, Arista Networks, Inc. has demonstrated a growth trajectory, with revenue expanding from $1.69B to $8.33B. Investors analyzing ANET stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

ANET Dividend Yield and Income Analysis

Arista Networks, Inc. (ANET) does not currently pay a dividend. This is common among growth-oriented companies in the Computer Hardware industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

ANET Momentum and Technical Analysis Profile

Arista Networks, Inc. (ANET) has a momentum factor score of 52/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 26/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

ANET vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Arista Networks, Inc. (ANET) ranks #265 out of 584 stocks based on the Blank Capital composite score. This places ANET in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing ANET against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ANET vs S&P 500 (SPY) comparison to assess how Arista Networks, Inc. stacks up against the broader market across all factor dimensions.

ANET Next Earnings Date

No upcoming earnings date has been announced for Arista Networks, Inc. (ANET) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy ANET? — Investment Thesis Summary

The quantitative profile for Arista Networks, Inc. suggests caution.

In summary, Arista Networks, Inc. (ANET) earns a Reduce rating with a composite score of 44.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ANET stock.

Related Resources for ANET Investors

Explore more research and tools: ANET vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ANET head-to-head with peers: ANET vs IHS, ANET vs VRSN, ANET vs ESE.

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Arista Networks, Inc. (ANET) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Arista Networks, Inc. Do?

Arista Networks, Inc. (ANET) Stock Rating — Reduce (April 2026)

ANET Stock Price and 52-Week Range

Is ANET Overvalued or Undervalued? — Valuation Analysis

Arista Networks, Inc. Profitability — ROE, Margins, and Quality Score

ANET Debt, Balance Sheet, and Financial Health

Arista Networks, Inc. Revenue and Earnings History — Quarterly Trend

ANET Dividend Yield and Income Analysis

ANET Momentum and Technical Analysis Profile

ANET vs Competitors — Technology Sector Ranking and Peer Comparison

ANET Next Earnings Date

Should You Buy ANET? — Investment Thesis Summary

Related Resources for ANET Investors

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Institutional Benchmarks

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