Added to YB: 2026-05-12
Pitch date: 2026-05-08
ANET [neutral]
Arista Networks, Inc.
Author Info
Beyond the Hype is writing about AI Infrastructure and Semiconductors - mainly CPUs, GPUs, Networking, and memory, with a smattering of Solar, BEVs, and Autonomous driving. Sign up for the newsletter.
Company Info
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.
Market Cap
$178.5B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.22
P/E
48.72
EV/Sales
17.11
Sector
Communications Equipment
Category
growth
ANET Q1’26: Supply Chain Limits Growth
ANET (earnings): Q1 rev $2.71B (+35% YoY) beat on strong AI/cloud demand; raised FY26 rev guide to $11.5B (+27.7%) & AI rev to $3.5B. GM compressed to 62.4% on supply shortages forcing $8.9B purchase commitments; mgmt eating costs vs passing to customers. Scale-across now 1/3+ of AI rev as distributed DC model gains. Risks: customer concentration (MSFT/META >10% each), 1-2yr margin pressure, deferred rev volatility. Long-term thesis intact despite post-ER selloff.
Read full article (3 min)