Stocks / Technology · Computer Communications Equipment
Deep dip, logged on our public Ledger on the Oct 30 close; 22% below its 52-week high.
A quality company trading well above our fair value estimate, 13% under its Market Value.
5 bullish · 5 bearish See why
Every level vs today’s $168.86
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 15.0% ±2 points. Bear = 10.5% and 13.0%; bull = 8.5% and 17.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is above even the bull case.
What the price implies To be worth today’s price, ANET’s free cash flow would need to grow about 21% a year for five years; our estimate uses 15%.
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much ANET moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 4.3× the S&P 500’s.
Rule-based from the data on this page, strongest first. Not advice.
GrowthSales compounded 27% a year from FY2022 to FY2025.
GrowthSales grew 33% to $10.5B over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityReturn on equity of 31% over the last 12 months.
ValuationTrades 13.3% below its Market Value of $194.71, the average price paid since the Aug 4 filing.
QualityPasses all four of our quality checks: cash generation, returns on capital, growth and balance sheet.
ValuationOur DCF fair value estimate is $124.65, 26% below the price.
ValuationP/E of 53.3× is 20% above its own average of 44.3× at the last 3 fiscal year-ends.
ValuationP/E of 53.3× vs a 33.9× median for the 138 Technology companies we cover.
RiskSwings hard: beta 2.28 vs the S&P 500 and 55% yearly volatility (SPY 13%).
RiskReports earnings Nov 3 (consensus EPS $0.99): results can move the price sharply and reset Market Value.
Notable investors, executives, analysts and public figures on Arista Networks in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Closest in size in Technology
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Arista Networks’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Assumes 15.0% growth for 5 years (revenue grew 27.1% a year FY22–FY25; capped at 15%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $4.04 a share, trailing 12 months to Jun 30, 2026 (company filings via Yahoo Finance, checked against SEC).
Closed 13.3% below what the market has paid since earnings on Aug 4 (Market Value $194.71, 62 trading days).
Tracking starts with the Nov 2 close.
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
One text when a published rule fires on ANET or any of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
QualityDip