Arista Networks Inc

ANET

137.30 (0.60%) 0.82

172.57(B)

Information Technology

Communications Equipment

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. 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.

My Holdings:

(?% ownership)

Cost basis:

Market cap:$172.57(B)

EV:$163.72(B)

Total Equity:$10.90(B)

Div. yield:0.00%

Earnings date:Aug-05-2025

P/E:53.22

P/E (fwd):48.86

P/FCF:43.59

P/S:21.72

P/B:15.89

EPS:$2.6

EPS (fwd):$2.8

FCF/share:$3.1

Dividend/share:$0.0

Book value/share:$8.6

ROIC:33.6%

ROA:23.1%

ROE:33.6%

Gross margin:64.2%

Net margin:40.9%

Valuation Summary TTM Financials Growth Estimates Historical Data KPIs Similar Companies Ownership Tools

ANET Valuation & Price Targets

Current Price

$137

Day change: +0.60%

PEvaluation

N/A

Analyst targets

N/A

More Valuation Methods

DCF (2-stage)

N/A

DCF (simple)

N/A

DCF (exit mult.)

N/A

Future P/E

N/A

Peter Lynch FV

N/A

Graham No.

N/A

DDM

N/A

PEvaluation

64% overvalued

Low

$36.7

Mid

$48.9

High

$61.1

Current price

$137.3

Fair P/E

Margin of safety

Market Model

Economic moat: None/narrow

EPS Estimates

	Low	Avg	High	#
FY+1	2.7	2.8	2.9	24
FY+2	2.9	3.2	3.6	25
FY+3	3.5	3.9	4.4	14
FY+4	4.7	4.9	5.1	3
FY+5	5.4	5.4	5.4	1

EPS

Analyst Price Targets

7% undervalued

Low

$103

Mid

$147

High

$160

Current price

$137

Analyst Recommendations

Strong Buy4

Buy18

Hold6

Sell0

Strong Sell0

EPS Estimates

	Low	Avg	High	#
FY+1	2.7	2.8	2.9	24
FY+2	2.9	3.2	3.6	25
FY+3	3.5	3.9	4.4	14
FY+4	4.7	4.9	5.1	3
FY+5	5.4	5.4	5.4	1

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
Terminal Growth Rate
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
Discount Rate

Free cash flow estimates:

Y+1 est.

Y+2 est.

0.00%

Y+3 est.

0.00%

Y+4 est.

0.00%

Y+5 est.

0.00%

Discounted Cash Flow (exit mult.)

Forecast years
Exit FCF Multiple
Discount Rate

Free cash flow estimates:

Y+1 est.

Y+2 est.

0.00%

Y+3 est.

0.00%

Y+4 est.

0.00%

Y+5 est.

0.00%

Future P/E Valuation

Projection Years
Base Revenue
Revenue Growth Rate
Final Net Margin
Final P/E Ratio
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

Summary

TTM Financials

Income (TTM)

Revenue$7.95(B)

Gross profit$5.11(B)

EBITDA$3.47(B)

Net income$3.25(B)

Gross margin64.2%

Operating margin43.1%

Net margin40.9%

Shares outstanding:1.26(B)

Balance sheet

Total assets$16.53(B)

Current assets$13.50(B)

Total liabilities$5.63(B)

Current liabilities$4.05(B)

Cash & Short-term inv.$8.84(B)

Long-term debt$0

Total intangibles$736.30(M)

PP&E$152.30(M)

Cash flow (TTM)

FCF$3.98(B)

CapEx$-71.83(M)

Dividends paid$0

Stock issued$56.98(M)

Stock repurchased$-1.23(B)

Stock-based comp.$377.06(M)

Debt issued$0

Debt repaid$0

Per share data (TTM)

Growth Estimates

Revenue

CAGR: 18.1%

FY+1$8.80(B)

FY+2(+18.0%)$10.38(B)

FY+3(+18.8%)$12.33(B)

FY+4(+20.4%)$14.84(B)

FY+5(+15.4%)$17.12(B)

Net Income

CAGR: 16.8%

FY+1$3.59(B)

FY+2(+15.8%)$4.15(B)

FY+3(+19.9%)$4.98(B)

FY+4(+23.6%)$6.15(B)

FY+5(+8.6%)$6.68(B)

EPS

CAGR: 18.0%

FY+1$2.81

FY+2(+15.3%)$3.24

FY+3(+20.4%)$3.90

FY+4(+25.1%)$4.88

FY+5(+11.5%)$5.44

FCF per share

CAGR: 19.8%

FY+1$3.01

FY+2(+10.0%)$3.31

FY+3(+28.7%)$4.26

FY+4(+21.6%)$5.18

Historical Financials

Showing limited histrical data.

Upgrade to access 10+ years of financials!

YearlyQuarterly

Income

Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomePre-tax incomeIncome tax

Cash flow

Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures

Balance sheet

Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity

Per share data

EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share

Ratios

P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio

Margins

Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin

Returns

ROIC ROAROCEROE

Shares outstanding

Shares (Basic)Shares (Diluted)

Market Cap.

KPIs

Gross Profit By Segment

Product Service

Revenue By Geography

Americas EMEA APAC

Revenue By Segment

Product Service

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 18.00%
Institutions: 69.46%
Other: 12.54%

Institutional ownership

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $1.16(B).

Congress members have bought between $72009 - $255000 worth of the company's stock, and sold between $1.01(M) - $2.54(M).

Insider transactions

2025-09

$0.00

2025-08

$319.46(M)

$0.00

2025-07

$290.25(M)

$0.00

2025-06

$104.33(M)

$0.00

2025-05

$15.14(M)

$0.00

2025-04

$11.41(M)

$0.00

2025-03

$18.88(M)

$0.00

2025-02

$35.88(M)

$0.00

2025-01

$19.87(M)

$0.00

2024-12

$25.00(M)

$0.00

2024-11

$105.41(M)

$0.00

2024-10

$69.59(M)

$0.00

2024-09

$61.44(M)

$0.00

	Date	Shares	Total ($)	Price ($)	Name	Title
Sell	2025-08-08	192,979	26,953,512	139.7	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-08-07	345,856	48,395,902	139.9	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-08-06	1,785,165	243,176,281	136.2	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-08-01	8,000	936,044	117.0	GIANCARLO CHARLES H	Director
Sell	2025-07-31	880,180	109,841,571	124.8	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-07-30	288,820	35,290,438	122.2	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-07-29	588,000	70,061,858	119.2	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-07-28	527,302	60,949,419	115.6	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-07-25	864	99,081	114.7	BATTLES KELLY BODNAR	Director
Sell	2025-07-25	60,698	6,981,539	115.0	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-07-17	56,000	6,226,748	111.2	DUDA KENNETH	Chief Technology Officer
Grant	2025-07-17	30,000	105,450	3.5	DUDA KENNETH	Chief Technology Officer
Sell	2025-07-01	8,000	794,906	99.4	GIANCARLO CHARLES H	Director
Sell	2025-06-30	841,912	86,236,431	102.4	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-06-27	2,016	205,616	102.0	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-06-26	117,782	12,017,580	102.0	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-06-17	56,000	5,164,868	92.2	DUDA KENNETH	Officer and Director
Grant	2025-06-17	30,000	105,450	3.5	DUDA KENNETH	Officer and Director
Grant	2025-06-09	50,000	0	0.0	GIANCARLO CHARLES H	Director
Sell	2025-06-02	8,000	705,440	88.2	GIANCARLO CHARLES H	Director
Sell	2025-05-21	168	15,826	94.2	WASSENAAR YVONNE	Director
Grant	2025-05-12	2,304	0	0.0	WASSENAAR YVONNE	Director
Sell	2025-05-06	160,000	14,411,584	90.1	DUDA KENNETH	Chief Technology Officer
Grant	2025-05-06	80,000	281,200	3.5	DUDA KENNETH	Chief Technology Officer
Sell	2025-05-01	8,000	708,675	88.6	GIANCARLO CHARLES H	Director
Sell	2025-04-22	1,492	102,180	68.5	BATTLES KELLY BODNAR	Director
Sell	2025-04-07	159,970	10,683,848	66.8	DUDA KENNETH	Chief Technology Officer
Sell	2025-04-07	30	2,112	70.4	DUDA KENNETH	Chief Technology Officer
Grant	2025-04-07	80,000	5,453,600	68.2	DUDA KENNETH	Chief Technology Officer
Sell	2025-04-01	8,000	620,386	77.5	GIANCARLO CHARLES H	Director
Sell	2025-03-06	160,000	13,576,071	84.9	DUDA KENNETH	Chief Technology Officer
Grant	2025-03-06	80,000	322,304	4.0	DUDA KENNETH	Chief Technology Officer
Sell	2025-03-03	8,000	712,235	89.0	GIANCARLO CHARLES H	Director
Sell	2025-03-03	51,848	4,593,257	88.6	TAXAY MARC	General Counsel
Sell	2025-02-26	17,433	1,683,584	96.6	MCCOOL JOHN F.	Officer
Sell	2025-02-24	17,433	1,623,655	93.1	MCCOOL JOHN F.	Officer
Sell	2025-02-24	138,351	12,988,491	93.9	ULLAL JAYSHREE	Chief Executive Officer
Sell	2025-02-21	168	17,233	102.6	WASSENAAR YVONNE	Director
Sell	2025-02-19	112	11,436	102.1	MCCOOL JOHN F.	Officer
Sell	2025-02-14	1,488	159,409	107.1	BATTLES KELLY BODNAR	Director
Sell	2025-02-06	160,000	18,497,049	115.6	DUDA KENNETH	Chief Technology Officer
Grant	2025-02-06	80,000	322,304	4.0	DUDA KENNETH	Chief Technology Officer
Sell	2025-02-03	8,000	896,158	112.0	GIANCARLO CHARLES H	Director
Sell	2025-01-21	168	20,331	121.0	WASSENAAR YVONNE	Director
Sell	2025-01-06	160,000	18,955,756	118.5	DUDA KENNETH	Chief Technology Officer
Grant	2025-01-06	80,000	322,304	4.0	DUDA KENNETH	Chief Technology Officer
Sell	2025-01-02	8,000	892,090	111.5	GIANCARLO CHARLES H	Director
Grant	2024-12-11	936,000	0	0.0	ULLAL JAYSHREE	Chief Executive Officer
Sell	2024-12-09	288	31,306	108.7	MCCOOL JOHN F.	Officer
Sell	2024-12-06	160,000	17,326,175	108.3	DUDA KENNETH	Chief Technology Officer
Grant	2024-12-06	80,000	322,304	4.0	DUDA KENNETH	Chief Technology Officer
Sell	2024-12-02	2,000	3,280,801	1640.4	GIANCARLO CHARLES H	Director
Sell	2024-12-02	2,660	4,363,465	1640.4	TAXAY MARC	General Counsel
Sell	2024-11-21	1,585	2,567,510	1619.9	MCCOOL JOHN F.	Officer
Sell	2024-11-21	17,759	28,767,449	1619.9	ULLAL JAYSHREE	Chief Executive Officer
Sell	2024-11-06	40,000	67,699,216	1692.5	DUDA KENNETH	Chief Technology Officer
Grant	2024-11-06	20,000	341,700	17.1	DUDA KENNETH	Chief Technology Officer
Grant	2024-11-06	20,000	33,849,608	1692.5	DUDA KENNETH	Officer and Director
Sell	2024-11-04	832	1,314,160	1579.5	ULLAL JAYSHREE	Chief Executive Officer
Grant	2024-11-04	832	47,079	56.6	ULLAL JAYSHREE	Chief Executive Officer
Sell	2024-11-01	584	920,781	1576.7	MCCOOL JOHN F.	Officer
Sell	2024-11-01	2,000	3,153,359	1576.7	GIANCARLO CHARLES H	Director
Sell	2024-11-01	624	983,848	1576.7	TAXAY MARC	General Counsel
Grant	2024-11-01	584	33,805	57.9	MCCOOL JOHN F.	Officer
Grant	2024-11-01	624	36,250	58.1	TAXAY MARC	General Counsel
Sell	2024-10-22	373	591,668	1586.2	BATTLES KELLY BODNAR	Director
Sell	2024-10-07	40,000	62,806,400	1570.2	DUDA KENNETH	Chief Technology Officer
Grant	2024-10-07	20,000	341,700	17.1	DUDA KENNETH	Chief Technology Officer
Grant	2024-10-07	20,000	31,403,200	1570.2	DUDA KENNETH	Chief Technology Officer
Sell	2024-10-02	836	1,302,890	1558.5	ULLAL JAYSHREE	Chief Executive Officer
Grant	2024-10-02	836	47,305	56.6	ULLAL JAYSHREE	Chief Executive Officer
Sell	2024-10-01	580	885,892	1527.4	MCCOOL JOHN F.	Officer
Sell	2024-10-01	2,000	3,054,801	1527.4	GIANCARLO CHARLES H	Director
Sell	2024-10-01	624	953,098	1527.4	TAXAY MARC	General Counsel
Grant	2024-10-01	580	33,561	57.9	MCCOOL JOHN F.	Officer
Grant	2024-10-01	624	36,250	58.1	TAXAY MARC	General Counsel
Sell	2024-09-17	2,000	2,887,600	1443.8	GIANCARLO CHARLES H	Director
Sell	2024-09-16	372	534,430	1436.6	BATTLES KELLY BODNAR	Director
Sell	2024-09-06	38,311	48,166,137	1257.2	DUDA KENNETH	Chief Technology Officer
Sell	2024-09-06	1,689	2,123,479	1257.2	DUDA KENNETH	Chief Technology Officer
Grant	2024-09-06	20,000	341,700	17.1	DUDA KENNETH	Chief Technology Officer
Grant	2024-09-06	20,000	25,144,808	1257.2	DUDA KENNETH	Chief Technology Officer
Sell	2024-09-03	584	763,218	1306.9	MCCOOL JOHN F.	Officer
Sell	2024-09-03	4,497	5,877,039	1306.9	TAXAY MARC	General Counsel
Sell	2024-09-03	832	1,087,324	1306.9	ULLAL JAYSHREE	Chief Executive Officer
Grant	2024-09-03	832	47,079	56.6	ULLAL JAYSHREE	Chief Executive Officer
Grant	2024-09-03	584	33,805	57.9	MCCOOL JOHN F.	Officer
Grant	2024-09-03	624	36,250	58.1	TAXAY MARC	General Counsel
Sell	2024-08-26	38,408	52,955,399	1378.8	DUDA KENNETH	Chief Technology Officer
Sell	2024-08-26	1,592	2,194,985	1378.8	DUDA KENNETH	Chief Technology Officer
Grant	2024-08-26	20,000	341,700	17.1	DUDA KENNETH	Chief Technology Officer
Grant	2024-08-26	20,000	27,575,192	1378.8	DUDA KENNETH	Chief Technology Officer
Sell	2024-08-21	2,575	3,665,666	1423.6	MCCOOL JOHN F.	Officer
Sell	2024-08-21	17,752	25,271,030	1423.6	ULLAL JAYSHREE	Chief Executive Officer

Congressional trading

2025-09

$0.00

2025-08

$0.00

2025-07

$0.00

2025-06

$550001

$0.00

2025-05

$83001

$0.00

2025-04

$115003

$0.00

2025-03

$40501

$32002

2025-02

$8001

2025-01

$32002

$83001

2024-12

$0.00

2024-11

$875003

$0.00

2024-10

$0.00

2024-09

$0.00

	Date	Politician	Party	Chamber	Amount ($)
Sell	2025-06-27	Michael T. McCaul	R	House	$250,001 - $500,000
Sell	2025-06-16	Michael T. McCaul	R	House	$100,001 - $250,000
Sell	2025-05-29	Rob Bresnahan	R	House	$1,001 - $15,000
Sell	2025-05-12	Jefferson Shreve	R	House	$50,001 - $100,000
Sell	2025-04-28	Michael T. McCaul	R	House	$50,001 - $100,000
Sell	2025-04-23	Ro Khanna	D	House	$1,001 - $15,000
Sell	2025-04-23	Ro Khanna	D	House	$1,001 - $15,000
Sell	2025-04-09	Ro Khanna	D	House	$1,001 - $15,000
Sell	2025-04-08	Rob Bresnahan	R	House	$1,001 - $15,000
Sell	2025-04-01	Julie Johnson	D	House	$1,001 - $15,000
Sell	2025-03-27	Greg Landsman	D	House	$1,001 - $15,000
Buy	2025-03-20	Byron Donalds	R	House	$1,001 - $15,000
Buy	2025-03-20	Byron Donalds	R	House	$1,001 - $15,000
Buy	2025-03-20	Byron Donalds	R	House	$1,001 - $15,000
Buy	2025-03-12	Ro Khanna	D	House	$1,001 - $15,000
Sell	2025-03-05	Jefferson Shreve	R	House	$15,001 - $50,000
Sell	2025-02-13	Rob Bresnahan	R	House	$1,001 - $15,000
Buy	2025-02-12	Julie Johnson	D	House	$1,001 - $15,000
Sell	2025-01-31	Josh Gottheimer	D	House	$1,001 - $15,000
Buy	2025-01-30	Michael T. McCaul	R	House	$50,001 - $100,000
Sell	2025-01-28	Josh Gottheimer	D	House	$1,001 - $15,000
Sell	2025-01-13	Rob Bresnahan	R	House	$1,001 - $15,000
Sell	2025-01-13	Rob Bresnahan	R	House	$1,001 - $15,000
Buy	2025-01-02	James Comer	R	House	$1,001 - $15,000
Sell	2024-11-19	Michael T. McCaul	R	House	$100,001 - $250,000
Sell	2024-11-19	Michael T. McCaul	R	House	$100,001 - $250,000
Sell	2024-11-19	Michael T. McCaul	R	House	$100,001 - $250,000
Sell	2024-11-19	Michael T. McCaul	R	House	$100,001 - $250,000
Sell	2024-11-19	Michael T. McCaul	R	House	$100,001 - $250,000
Sell	2024-08-26	Michael T. McCaul	R	House	$15,001 - $50,000
Sell	2024-08-26	Michael T. McCaul	R	House	$15,001 - $50,000
Buy	2024-08-21	Greg Landsman	D	House	$15,001 - $50,000
Buy	2024-08-14	Greg Landsman	D	House	$1,001 - $15,000
Sell	2024-07-29	Josh Gottheimer	D	House	$1,001 - $15,000

Tools

Dividend Income

Investment Amount
Dividend Yield

What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

How to Use This Calculator?

Enter the dividend yield and the invested amount. Optionally, preload stock data to automatically fetch the dividend yield.

Required Investment

Dividend Yield
Desired Yearly Payout
Desired Quarterly Payout
Desired Monthly Payout

What is the Required Investment Calculator?

The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

How to Use This Calculator?

Enter the dividend yield and your desired dividend income. Optionally, preload stock data to automatically fetch the dividend yield.

Future Dividend Yield

Base Dividend
Current Price
Number of Years
Dividend Growth Rate

What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

How to Use This Calculator?

Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate

What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.

About

Terms & privacy

Price charts & news courtesy of TradingView

Blog

Contact