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Arista Networks Inc

Arista Networks Inc

ANET
$194.96USD+0.61%+1.18 today

MARKET CAP

245.9B

P/E (TTM)

66.8x

FWD P/E

DAY RANGE

$195 – $201

52W RANGE

$115
$215

AI Summary

Stalk
Sell NowMedium

ANET continues to trade in a clear downtrend marked by sequential lower highs and lower lows below the descending 9EMA/20EMA. The medium-term bias is firmly bearish, warranting Sell Now into the short-term EMA resistance cluster. Short-term momentum remains negative with no oversold exhaustion, and failure to hold the 50 EMA opens the path toward the 200 SMA.

  • Q2 revenue hit $3.04B, ANET’s first quarter exceeding $3B.
  • Q2 EPS of $1.02 topped estimates, stock reached record $214.
  • Shares trade at a steep premium to historical forward P/E.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$2.9B$4.4B$5.9B$7.0B$9.0B
YoY %+27.2%+48.6%+33.8%+19.5%+28.6%
P / Sales15.6x8.7x12.5x20.2x18.6x
EV / Sales16.0x9.0x12.7x20.4x19.1x
Gross Profit, Adj.$1.9B$2.7B$3.6B$4.5B$5.8B
YoY %+26.9%+42.3%+35.7%+23.7%+28.4%
Margin %63.8%61.1%61.9%64.1%64.1%
EV / Gross Profit25.0x14.8x20.4x31.8x29.9x
EBITDA, Adj.$975.1M$1.6B$2.3B$3.0B$3.9B
YoY %+32.7%+63.0%+46.4%+29.2%+30.7%
Margin %33.1%36.3%39.7%42.9%43.6%
EV / EBITDA48.2x24.8x31.9x47.5x43.8x
EBIT$924.7M$1.5B$2.3B$2.9B$3.9B
YoY %+32.2%+65.1%+47.8%+30.4%+31.0%
Margin %31.4%34.9%38.5%42.0%42.8%
EV / EBIT50.9x25.9x32.9x48.5x44.7x
Net Income$840.9M$1.4B$2.1B$2.9B$3.5B
YoY %+32.5%+60.8%+54.3%+36.6%+23.1%
Net Margin28.5%30.9%35.6%40.7%39.0%
EPS (GAAP)$0.66$1.07$1.65$2.23$2.75
YoY %+32.0%+62.1%+54.2%+35.2%+23.3%