Arista Networks vs HPE: A $20,879 gap after five years in networking

As seen on the 24/7 Wall St. homepage on November 12, 2026.

the AI-networking race · 5y
$10K invested in each — worth today:
ANET$59.9K6.0×
HPE$39.0K3.9×

Both networking bets worked, but $10,000 in Arista five years ago is worth $59,862 today versus $38,983 in Hewlett Packard Enterprise. That is a $20,879 gap between the two.

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The same $10,000 placed in Arista Networks and Hewlett Packard Enterprise on November 12, 2021 ended five years apart by $20,879.

Arista's climb was steeper and arrived earlier, compounding into a lead that Hewlett Packard Enterprise never fully closed.

Sponsored

Arista's roughly 5.99x multiple over the period reflects how the market priced it as a focused networking franchise. HPE's broader product portfolio spread exposure across more than just the highest-demand corner of the networking market.

For investors weighing these two names today, the five-year scorecard shows that positioning within a theme matters as much as the theme itself. Both companies rode the same AI-networking tailwind, yet the outcomes diverged sharply.

Sources

Mentioned: ANET, HPE

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