ANET|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $1.08 | - | - |
| Q2'26 | $0.90 | $1.02 | +13.0% |
| Q1'26 | $0.81 | $0.87 | +7.6% |
| Q4'25 | $0.80 | $0.82 | +2.1% |
| Q3'25 | $0.71 | $0.75 | +5.0% |
| Q2'25 | $0.65 | $0.73 | +12.4% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $3.4B | - | - |
| Q2'26 | $2.9B | $3.0B | +5.6% |
| Q1'26 | $2.6B | $2.7B | +3.4% |
| Q4'25 | $2.6B | $2.5B | -4.6% |
| Q3'25 | - | $2.3B | - |
| Q2'25 | - | $2.2B | - |
ANET|Monthly Returns
Market Data
ANET Stock Snapshot
- Market cap
- 251.73B
- P/E ratio
- 62.2
- Day range
- $187.33 – $194.69
- News sentiment
- 67/100 · Bullish
- Analyst target
- $241.04 (+25.4%)
- Consensus
- Buy · 37 analysts
ANET sits in the upper part of its 52-week range with the technical picture unresolved. A stock this widely held moves on consensus revisions more than on individual catalysts.
Behaviour On Record
What ANET's own history says about today's numbers
- Realized volatility (21d)
- 50.4% 73rd pct
- Below its peak
- -8.4%
- vs 200-day average
- +25.9%
- Up days (1y)
- 53%
Arista Networks Inc is currently running 50.4% annualised volatility over the last 21 sessions. Measured against ANET's own 12 years of daily returns rather than a market-wide average, that is the 73rd percentile — a little above its own norm, against a typical reading of 39.4%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
ANET is trading -8.4% below its running peak. Across 11 full years on file, its median worst-drawdown-in-a-year was -32.3%, and the deepest was -50.9% in 2025. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.
Price sits +25.9% from its 200-day moving average. Against every other day in its history, that gap ranks at the 72nd percentile — a somewhat wider gap than its own norm. Over the past year ANET closed higher on 53% of sessions, and it is currently 1 session into a rising streak.
On September specifically: over 13 years of records, ANET finished the month higher 7 of 13 times, with a median return of +1.8% and an average of +0.4%. Its strongest month historically has been July at +7.5% on average, its weakest September at +0.4%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
Overnight risk is measurable too: ANET has opened more than 2% away from the prior close in 174 of 3,086 sessions (5.6% of the time), with the largest gaps running +6.3% and -10.1%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
Across the last 3 dated reports on file, ANET moved an average of 5.4% in the session after earnings, closing higher 0 of those 3 times, with a median move of -7.0% and a largest of -7.1%.
All figures computed from 3,087 daily closes between 2014-06-06 and 2026-09-15, split-adjusted, recomputed daily. Percentiles are against ANET's own 12-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of ANET's sector?
Arista Networks Inc sits in the Technology sector, currently ranked 6th of 11 GICS sectors by relative-strength rotation score (lagging).
- Sector rank
- #6 of 11
- Sector state
- Lagging
- Sector rotation score
- 50
Analyst Rating Changes
Are analysts turning bullish or bearish on ANET?
Deutsche Bank most recently initiated coverage on Arista Networks Inc to Buy on Sep 1, 2026 with a price target of $220. Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- Deutsche Bank — Buy
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
