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Added to YB: 2026-08-11

Pitch date: 2026-08-08

ANET [neutral]

Arista Networks, Inc.

-0.5%

current return

Author Info

JP Insights is analyzing the companies powering AI’s physical layer — semiconductors, datacenters, energy, and robotics. Focused on innovation-driven value and long-term reinvestment efficiency. 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

$238.0B

Pitch Price

$192.49

Price Target

300.00 (+59%)

Dividend

N/A

EV/EBITDA

48.41

P/E

59.71

EV/Sales

21.31

Sector

Communications Equipment

Category

growth

Show full summary:
Arista Delivers a Near-Perfect Q2: $3B Revenue, 50% Margins and Raised Guidance

ANET (earnings): Q2 rev $3.04B (+38% YoY), first time above $3B; non-GAAP EPS $1.02; adj op margin 49.9%; FY26 guide raised to $12.6B (~40% growth), supply-limited. AI fabrics >100 customers, scale-across ~$1.2B. $13.3B cash. Trades ~46x '26 EPS ($4.10). Fair, not cheap — author waits for <$175 to add, aggressive at $150-165. 2028 base case $240-245 (~10-11%/yr), bull $300.

Read full article (8 min)