Arista Networks (ANET)
NYSEInformation TechnologyComputer HardwareSnapshot 2026-07-07
$166.44-3.95%
Close 2026-07-07 · 1-day change
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Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 12 valuation methods, at three horizons. Current price $166.44. As of 2026-07-08. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $166 ANET trades at 53× p/e, below its 72× p/e peer median, but our blended $130 fair value sits below the price. We hold it with low confidence: our number sits well below the analyst range. Analysts target $164–$200. Note: our $130 fair value sits below the entire analyst range ($164–$200). The flat-multiple read looks rich, but earnings are inflecting up — trailing growth is accelerating and forward estimates confirm — so we've softened our read rather than brand an accelerating name expensive. Even valued only for durable growth at sustainable margins, it's worth about $180 — above today's price, so the premium reflects that growth case, not pure multiple expansion. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $181.00 | — | — | Analyst | high |
| dcf fcfe | 12M | $147.59 | — | — | Analyst | high |
| dcf fcff | 12M | $149.78 | — | — | Analyst | high |
| graham number | 12M | $27.48 | — | — | TTM | high |
| Peer EV/EBITDA | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$164.00 – $200.00 (median $181.00) · 9 analysts · as of 2026-06-18
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 3569% over what the business is worth with no growth; closing that gap needs roughly 19.0 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $0.31/sh owner earnings.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $61.16 |
| 18.5 |
| 3.18 |
| TTM |
| high |
| Peer P/FCF | 12M | $102.87 | 24.8 | 4.14 | TTM | high |
| Peer P/E | 12M | $226.69 | 71.5 | 3.17 | TTM | high |
| Peer P/S | 12M | $27.74 | 3.6 | 7.62 | TTM | high |
| PEG | 12M | $35.07 | 11.1 | 3.17 | TTM | high |
| residual income | 12M | $18.68 | — | — | TTM | high |
| Own P/E history | 12M | $170.30 | 53.7 | 3.17 | TTM | high |
| triangulated | 12M | $247.32 | 71.5 | 3.46 | Triangulated | high |
| Peer P/E | 3Y | $397.43 | 71.5 | 5.56 | Analyst | low |
| Peer P/S | 3Y | $51.11 | 3.6 | 14.04 | Analyst | low |
| PEG | 3Y | $61.49 | 11.1 | 5.56 | Analyst | low |
| Own P/E history | 3Y | $298.57 | 53.7 | 5.56 | Analyst | low |
| Peer P/E | 5Y | $525.60 | 71.5 | 7.35 | Analyst | medium |
| Peer P/S | 5Y | $67.59 | 3.6 | 18.57 | Analyst | medium |
| PEG | 5Y | $81.32 | 11.1 | 7.35 | Analyst | medium |
| Own P/E history | 5Y | $394.86 | 53.7 | 7.35 | Analyst | medium |