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Arista Networks (ANET) Stock Analysis

Technology Updated August 24, 2026
$188.25
52W $114.52 – $214.89
65/100
$237.54B
58.8
1.61
AI Committee Verdict
Buy
65/100
Conviction: High · 83% agreement · 6 analysts
-28.4%
High

Is ANET Bullish or Bearish?

Bullish. Innellis AI committee rates Arista Networks (ANET) Buy with a composite score of 65/100 , based on 6 analysts with 83% agreement. Last updated August 24, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +9.92 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -10.08 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is revenue growing 32.6% yoy -- genuine top-line momentum. The main limiting factor is p/e of 63.5 is expensive by classic value standards. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • ROE of 30.8% shows genuine earnings power backing the valuation — Value
  • Revenue growing 32.6% YoY -- genuine top-line momentum — Growth
  • 5 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
  • Trend and market structure agree -- coherent bullish picture — Technical
Bear Case
  • P/E of 63.5 is expensive by classic value standards — Value
  • Price-to-book of 13.3x prices in significant intangible value — Value
  • MACD histogram negative -- bearish momentum — Technical
  • Bollinger bandwidth of 27.7% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 24, 2026
Overall Committee Score
65/100
Agreement
83%
Analysts
6
Conviction
High
Sector Rank
Top 5%
of 287 Technology peers
Value Analyst neutral
49 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 30.8% shows genuine earnings power backing the valuation
− P/E of 63.5 is expensive by classic value standards
Growth Analyst bullish
83 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 32.6% YoY -- genuine top-line momentum
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst bullish
62 / 100 · Moderate confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 27.7% signals elevated volatility
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
70 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.40 across 63 articles, 14d)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 65.1 to 65.1.

Comparing 2026-08-23 to 2026-08-24 (1 day apart).

Technical Analysis

RSI (14)
47.3
Neutral
MACD Histogram
-1.529
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
0.51
Inside Bands
Price vs Moving Averages
EMA 9
$191.44 Below
EMA 21
$188.25 Below
EMA 50
$178.97 Above
EMA 200
$154.22 Above

Fundamental Analysis

Valuation
8
Growth
89
Profitability
100
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 58.8×
P/B Ratio 16.05×
PEG Ratio 2.50
Dividend Yield 0.00%
52W High $214.89
52W Low $114.52
Quality & Growth
ROE 2838.5%
ROA 1805.5%
Gross Margin 6300.4%
Operating Margin 4313.6%
Revenue Growth YoY
Debt / Equity 0.00
AI Fundamental Assessment
P/E ratio of 58.8 (rich relative to a 15-40x range); Price-to-book of 16.0x; PEG ratio of 2.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 28.4%; Return on assets of 18.1%; Net margin of 38.4%; Gross margin of 63.0%; Current ratio of 2.96 (healthy short-term liquidity); Debt-to-equity of 0.00; Free cash flow per share is positive (4.10); Most recent quarter beat estimates by 13.0%; 5 consecutive earnings beats; EPS growth accelerating (+6.1% -> +17.2% QoQ); Average YoY EPS growth of 39.7%; Analyst estimates rising over recent quarters
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