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Model output · Signal date 2026-10-16

Arista Networks, Inc. (ANET) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE

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Rating · 90D ▲ Bullish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Top 35% of 5172 stocks scored
Rank correlation · 90D 30.0% Spearman, 357 dates
Market Cap $223.21B mega-cap · #2 of 16 peers
Summary

Arista Networks, Inc. (ANET) stock forecast summary

Our AI ranks Arista Networks, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Arista Networks, Inc. is a mega-cap company with a market capitalization of $223.21B. It ranks number 2 by market capitalization among the 16 Computer Communications Equipment issuers in our coverage with a current forecast. Its Net Margin of 38.4% is the highest of the 12 peers that report one.

For ANET, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 30.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, ANET included.

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Price

ANET price chart and AI forecast

ANET
Cross-section · 2026-10-16

How ANET ranks among 5172 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Arista Networks, Inc. (ANET) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Computer Communications Equipment peers listed below that report each metric.

Valuation & Market

MetricANETIndustry medianRank
Market Cap $223.21B $351M 2/16
P/E Ratio 58.99x 51.12x 3/8
P/B Ratio 15.08x 3.88x 2/13
EPS $3.00 – –
Book Value/Share $11.73 – –
Revenue/Share $8.36 – –
FCF/Share $4.09 – –

Profitability & Margins

MetricANETIndustry medianRank
ROE 27.3% 13.4% 2/11
ROA 17.1% 4.8% 1/12
ROIC 26.9% 4.6% 1/12
Gross Margin 63.0% 62.2% 7/14
Operating Margin 43.1% 0.6% 1/15
Net Margin 38.4% 4.7% 1/12
EBT Margin 47.3% 2.4% 1/15
Tax Rate 18.9% – –

Financial Health

MetricANETIndustry medianRank
Current Ratio 2.96x 2.48x 4/13
Quick Ratio 2.59x 2.00x 3/12
D/E Ratio 0.60x 0.58x 7/14
Financial Leverage 1.60x 1.58x 7/14
Interest Coverage 143.7x 6.0x 3/13
Working Capital $13.35B $22M 1/13

Cash Flow

MetricANETIndustry medianRank
Operating Cash Flow $5.31B $11M 2/15
Free Cash Flow $5.16B $116M 2/8
Capital Spending -$151M -$24M 7/8
OCF Growth YoY 31.1% -0.1% 1/9
FCF Growth YoY 29.7% 0.5% 2/7
FCF/Sales 48.9% 19.9% 1/8
CapEx/Sales 1.4% 2.2% 7/8

Operational Efficiency

MetricANETIndustry medianRank
Asset Turnover 0.44x 0.51x 9/10
Receivables Turnover 4.7x 7.7x 6/9
Inventory Turnover 1.5x 4.0x 10/11
Fixed Assets Turnover 33.7x 19.9x 2/8
Days Sales Outstanding 78 days 47 days 4/9
Days Inventory 237 days 93 days 2/11
Payables Period 65 days 65 days 5/9
Cash Conversion Cycle 251 days 73 days 1/8

Income Statement

MetricANETIndustry medianRank
Total Revenue $10.54B $600M 2/10
Operating Income $4.55B $960K 2/15
Net Income $4.04B $23M 2/12
R&D Expense $1.37B $74M 2/13
SG&A Expense $1.76B $130M 3/14
Cost of Goods Sold $3.90B $69M 2/14

Dividend & Shareholder Information

MetricANETIndustry medianRank
Shares Outstanding 1261M – –
Net Income Growth 24.4% 14.2% 3/7
EPS Growth 56.9% 10.7% 2/7

Balance Sheet Highlights (USD millions)

Total Current Assets$20.16B85.0% of assets
Cash & Short-term Investments$2.29B9.7% of assets
Accounts Receivable$2.27B9.6% of assets
Inventory$2.54B10.7% of assets
Total Liabilities$8.92B37.6% of assets
Short-term Debt$6.13B25.8% of assets
Quarterly Financial Reports

ANET quarterly financials and insider trading

Industry Peers · Computer Communications Equipment

Arista Networks, Inc. (ANET) industry peers

Companies classified under the same SEC industry code as Arista Networks, Inc. (Computer Communications Equipment): 16 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
ANET Arista Networks, Inc. ▲ $223.21B 59.0x 15.1x
CSCO Cisco Systems, Inc. ▶ $423.39B 32.3x 8.4x
FFIV F5, Inc. ▼ $25.03B 35.2x 6.5x
EXTR Extreme Networks Inc ▶ $2.84B 70.1x 32.0x
DGII Digi International Inc ▶ $2.65B 57.8x 3.9x
ATEN A10 Networks, Inc. ▲ $1.78B 44.5x 7.5x
NTGR Netgear, Inc. ▶ $599M – 1.3x
ALLT Allot Ltd. ▶ $439M 451.5x 3.9x
LTRX Lantronix Inc ▲ $262M – 2.2x
SILC Silicom Ltd. ▲ $230M – 2.0x
BOSC Bos Better Online Solutions Ltd ▶ $30M 6.9x 1.0x
INTZ Intrusion Inc ▲ $15M – 5.5x
FOXX Foxx Development Holdings Inc. ▶ $15M – –
WLDS Wearable Devices Ltd. ▼ $4M – 0.2x
CIIT Tianci International, Inc. ▼ $2M – –
HUBC Hub Cyber Security Ltd. ▼ $720K – –

Where ANET sits on the market map

Technology · Computer Communications Equipment
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News

Arista Networks, Inc. (ANET) stock news

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FAQ

Arista Networks, Inc. (ANET) stock forecast FAQ

What is the Arista Networks, Inc. (ANET) stock forecast?

Our AI ranks Arista Networks, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Arista Networks, Inc. stock predictions?

For ANET, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 30.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Arista Networks, Inc. forecasts updated?

Arista Networks, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Arista Networks, Inc.'s industry peers?

16 issuers in our coverage, ANET included, share the SEC industry code Computer Communications Equipment. The largest are: Cisco Systems, Inc. (CSCO), F5, Inc. (FFIV), Extreme Networks Inc (EXTR), Digi International Inc (DGII), A10 Networks, Inc. (ATEN), Netgear, Inc. (NTGR).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.