Key facts, as of
As of October 8, 2026, Arista Networks (ANET) trades at $215.83, up 48.6% over the past year. Its 52-week range runs from $114.52 to $217.32; the price is 0.7% below that high. It is 0.7% below its all-time high of $217.32, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +3728.7%, against +312.9% for the S&P 500 (SPY). It sits 34.7% above its 200-day average of $160.24, the usual sign of a long-term uptrend. Its 30-day volatility is 36.7% annualized, which we rate high risk. It has a trailing P/E of 68.1.
Cite: Portfolio Terminal, "Arista Networks (ANET) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/anet
Where it trades today
trading 99% of the way up its 52-week range
How the price has moved
How far it is from its record
Arista Networks (ANET) is 0.7% below its all-time high of $217.32, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +3728.7%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- ANET trades at 68.1x earnings, well above the technology average of 28.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility is running around 36.7%, above the sector norm of 28.0%, so position sizing matters more than usual.
- ANET is in a bullish short-term regime and only 0.7% below its 52-week high, so the question is whether fundamentals can keep pace with that stronger tape.
Portfolio Use Case
- ANET is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in ANET.
- If the short-term trend rolls over while volume fades, the market may stop paying up for momentum before the fundamentals change.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for ANET come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for ANET. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What Arista Networks does
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…
What analysts expect
ANET carries a strong buy consensus from 29 analysts, with an average price target of $242.55 versus $215.83 today (+12.4%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
ANET generated $10.54B in trailing revenue (37.7% year over year), with a 38.4% net margin, and $3.89B of free cash flow, supported by $13.34B of net cash.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $9.01B | $5.77B | $3.86B | $3.51B | $2.79 | $4.25B |
| 2024 | $7.00B | $4.49B | $2.94B | $2.85B | $2.27 | $3.68B |
| 2023 | $5.86B | $3.63B | $2.26B | $2.09B | $1.69 | $2.00B |
| 2022 | $4.38B | $2.68B | $1.53B | $1.35B | $1.10 | $448.17M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
ANET is in 7 of the 30 ETFs we track. It weighs most in XLK: 1.23% of the fund, holding #19 of 75.
Famous investors who hold it
ANET is in the latest 13F of 1 of the 15 famous investors we follow. Ray Dalio (Bridgewater Associates) holds the most of it: 0.18% of the portfolio, position #90 of 992, as of Q2 2026.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
ANET beside the technology names it is usually measured against.
What the chart is saying
Trading at its high for the year, with no resistance overhead.
uptrend- Price is 10.2% above its 50-day average and 34.7% above its 200-day.
- RSI at 67 is neither stretched nor washed out.
- Nothing above has stopped it this year; the nearest floor is $213.44 (-1.1%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is ANET a good investment in 2026?
Arista Networks trades at a P/E ratio of 68.1, with high volatility (36.7% annualized). Recent momentum is positive.
What is the risk level of ANET?
Based on 30-day volatility of 36.7%, ANET has HIGH risk. Beta of 1.60 indicates higher sensitivity to market movements than average.
Does ANET pay dividends?
Arista Networks currently does not pay a regular dividend.
How far is ANET from its all-time high?
Arista Networks is 0.7% below its all-time high of $217.32, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +3728.7%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold ANET?
7 of the 30 popular ETFs we track hold Arista Networks. The largest weights: XLK (1.23%), VGT (0.85%), VUG (0.58%), SPY (0.32%) and IVV (0.32%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is ANET?
0.31%, as of August 31, 2026: ANET is holding #56 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $3.05 in Arista Networks.
Which famous investors own ANET?
Ray Dalio (0.18% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for ANET?
The average analyst price target for Arista Networks (ANET) is $242.55 based on 29 analyst estimates, about 12.4% above the current price of $215.83. The published range runs from $190.00 to $289.00.
How much revenue does ANET generate?
Arista Networks reported $10.54B in trailing twelve-month revenue. Revenue growth is running at 37.7% year over year. Net margin sits at 38.4%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare ANET with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.