Companies /Technology

Arista Networks Inc

NYSE: ANET Computer Hardware
$178.49
▲ $8.58 (+5.05%) today
Markets closed · 4:42pm ET

24/7 Wall St. View

Price Prediction $219.02 +28.9% Our analysts’ 12-month view: target, optimistic case, and floor. ANET price prediction → Earnings Beat +11.2% EPS vs. the estimate, revenue, and how the market reacted. ANET earnings history →

ANET at a Glance

Valuation
Market cap
$207.0B
P/E ratio
53.3
Profitability
Revenue (TTM)
$10.5B
Profit margin
38.4%
EPS (TTM)
$3.08
Price
52-week range
$115 – $217
24/7 target
$219.02
Street target
$243.59
Earnings
Q3 2026 EPS
$1.20
vs. $1.08 est.
+11.2%

Headquartered in Santa Clara, CA Fiscal year ends December NYSE: ANET arista.com

About Arista Networks

Arista Networks provides data-driven, client-to-cloud networking for large AI, data center, campus and routing environments. It sells high-performance Ethernet switching and routing platforms, which generate most of its product revenue. These run on its unified network operating system, Arista EOS, and the company adds analytics, automation and security software such as Arista AVA and Netdi. Arista also earns recurring service revenue from support and maintenance contracts.

Its AI networking portfolio is built on open standards and includes:
- The Arista 7800 AI Spine.
- Etherlink architectures, including the liquid-cooled Etherlink SU-144 rack-scale system for scale-up AI fabrics based on Ethernet for Scale-Up Networks (ESUN).
- Scale-across designs that use SRv6 to link geographically distributed data centers of up to one million XPUs.

Arista partners with AMD, Arm, Broadcom, d-Matrix, Meta, Microsoft and Qualcomm on these architectures. A limited number of large customers, including cloud and AI titans, account for a substantial portion of revenue. The company relies on third-party contract manufacturers and a predominant merchant silicon vendor. Arista joined the S&P 100 in September 2026 and is on the 2026 Fortune 500 list. Updated

Revenue by Segment · Q3 2026
  1. Product87%
  2. Service13%

Latest Activity

Jim Cramer
PodcastMad Money w/ Jim CramerJim Cramer · 44 min

Mad Money w/ Jim Cramer 11/3/26

  • Cramer calls the mega caps millstones: Nasdaq rose 0.83% while the Dow fell 197 points
  • Strong after-hours results from AMD and Arista Networks as proof non-Magnificent-Seven tech can lead
  • Oracle's $10 billion block priced at $116 and traded to $126, a sign buyers see a floor in tech
  • Wants a crescendo washout before committing more; Apple's reaction and a Palantir selloff weighed

The leadership baton is being passed to second-tier data center names, and Cramer would rather own companies with clean balance sheets than the big caps issuing debt and equity to stay in the AI race. He is not calling a bottom yet: without a high-volume reversal day, he keeps money elsewhere.

Read more
Earnings CallJayshree UllalCEO
Arista registered another momentous quarter with the highest year-over-year revenue growth since our IPO and record profitability, surpassing even my high expectations.
22 days earlierSold ANET4

Ullal sold stock on October 13, 22 days before standing up and calling the quarter better than her own high expectations. Insider sales at a $214 billion company often run on preset plans, but the sequence matters: she lightened up ahead of the strongest growth quarter since the IPO.

Read more
Earnings CallJayshree UllalCEO
Arista registered another momentous quarter with the highest year-over-year revenue growth since our IPO and record profitability, surpassing even my high expectations.
27 days earlierSold ANET4

Ullal sold shares on October 8, then stood up 27 days later to call the quarter record-setting on both growth and profitability. The sale landed before the numbers were public, so the words and the trade point in opposite directions. Worth tracking whether more Form 4s follow at these levels.

Read more
Earnings CallJayshree UllalCEO
Arista registered another momentous quarter with the highest year-over-year revenue growth since our IPO and record profitability, surpassing even my high expectations.
26 days earlierSold ANET4

She sold shares 26 days before this earnings call, so the record quarter she is describing was already in view when the Form 4 was filed. Selling into the best growth since the IPO is the kind of timing worth noting on a $214 billion company.

Read more
Jayshree Ullal
Earnings · 2026 Q3Jayshree UllalCEO
This strong momentum across customer sectors highlights our increased relevance for the generative and agentic AI era.

Arista's CEO is framing the $213.5 billion networking company as core infrastructure for agentic AI on the Q3 earnings call. Ethernet's widening lead over InfiniBand in AI scale-out networks is the backdrop investors should be pricing.

Read more
ANETArista Networks
Q3 2026
EPS
$1.20
est $1.08+11.2%
Revenue
$3.66B
est $3.33B+9.7%

AI networking demand just produced Arista's fastest revenue growth since its IPO, up 58.5% year over year. Management guided fourth-quarter revenue above what analysts had modeled, so the data-center buildout trade keeps running.

Quarterly EPS — reported vs estimate
Read more
Jayshree Ullal
Earnings · 2026 Q3Jayshree UllalCEO
Arista registered another momentous quarter with the highest year-over-year revenue growth since our IPO and record profitability, surpassing even my high expectations.

A CEO calling results better than her own high expectations is rare, and here it comes attached to the fastest growth Arista has posted in its 12 years as a public company. The AI networking buildout is landing in the income statement, with profitability at a record too.

Read more
ANETArista Networks
New 52-week high$215.36+2.3% vs prior high · 2026-08-12

Arista Networks just printed a fresh 52-week high at $215.36. A networking name in price discovery is one to keep an eye on.

Read more
the AI-networking race · 5y
$10K invested in each — worth today:
ANET$86.2K8.6×
HPE$43.9K4.4×

Same $10,000 in the AI-networking race five years ago: Arista Networks turned it into $86,169, Hewlett Packard Enterprise into $43,888. A 42,000 dollar gap from picking the switch maker over the server giant.

Read more

ANET Coverage

9:29am ET
Investing

Arista Says Its AI Business Will Double to $7 Billion

Arista's CEO just handed Wall Street a 2027 revenue target that blew past consensus by nearly $2 billion, but buried inside that bullish call is a slower-growing business that raises real questions…

ANET
Omor Ibne Ehsan
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Frequently Asked Questions

What does Arista Networks do?

Arista Networks provides data-driven, client-to-cloud networking for large AI, data center, campus and routing environments. It sells high-performance Ethernet switching and routing platforms, which generate most of its product revenue.

What is the ANET stock price target?

24/7 Wall St.'s 12-month price target for ANET is $219.02, rated Buy. The Wall Street consensus target is $243.59. ANET price prediction →