Why is ANET down?
Down 24% so far from Oct 9 to Nov 2.
- Data center stocks fell together, a median 32% from Oct 9 to Nov 2 (43 stocks);
Down 24% so far from Oct 9 to Nov 2.
ANET's Quality Score rose 1 point on Mon, Nov 2, to 9.
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| The company | Sales up 33% on the year |
| Latest filing | 10-Q, Aug 5 |
TodayData center, chip, and memory stocks fell together: “OpenAI pledges data center power cuts”
Tue Dec 1: UBS 30th Annual Global Technology…Investor conference · date confirmed.
2 more dates ahead: conferences, for Pro members.
After its last 4 reports it closed -3.5% on average, higher 2 of 4 times.
Averagefor quality, not price, 1 of 14 chart checks firingWhat the Quality Score means
ANET is #3 of 8 by Quality Score among Computer Communications Equipment.
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Net income over four quarters: ANET $4.04B, CSCO $13.3B, GLW $1.90B, CLS $1.12B.
Reports Tue Nov 3, after the close (tomorrow). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
ANET's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Revenue | about $3.3B |
Sales grew 31% a year over 5 years, fiscal 2020 to 2025.
Its share count grew 0.1% a year over 5 years.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Aug 4, 2026 | +10.3% | +3.6% | +3.9% |
| May 5, 2026 | -10.1% | -13.6% | -16.3% |
| Feb 12, 2026 | +7.9% | +4.8% | -1.7% |
Sales grew in six of the last seven years, to $9B in 2025. It made a profit in each of the eight years.
18 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: ANET is 1.0% of XLK, 0.8% of FTEC, and 0.8% of VGT, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
“The markets in which we participate are highly competitive and characterized by rapidly transforming technology, changing end-customer needs, evolving industry standards, frequent introductions of new products and services and industry consolidation.”
ANET scores 9 today, which Breakaway calls Average. It is #3 of 8 in Computer Communications Equipment by Quality Score, with 1 of 14 chart checks firing. Down 24% so far from Oct 9 to Nov 2. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
ANET scores 9 today, which Breakaway calls Average (6 to 10). That is #3 of 8 in Computer Communications Equipment by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind ANET's 9.
Reports Tue Nov 3, after the close, a date the company confirmed. ANET closed higher after 2 of its last 4 reports. Past behavior, not a forecast.
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