ADBE vs ANET: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and Arista Networks, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-05.
Adobe Inc. · Technology
$248.16
+45.0% upside to fair value
High Conviction
Grade B
VS
Arista Networks, Inc. · Technology
$172.62
+12.4% upside to fair value
Grade C
High Quality
QuantHub Verdict
ADBE has more upside to fair value
(+45.0%).
ADBE trades at a lower forward P/E
(14.1x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ADBE |
ANET |
| Current Price |
$248.16 |
$172.62 |
| Fair Value Estimate |
$359.82 |
$193.98 |
| Upside to Fair Value |
+45.0%
|
+12.4%
|
| Market Cap |
$101.2B |
$217.4B |
| Forward P/E |
14.1x
|
61.8x
|
| EV / EBITDA |
—
|
54.8x
|
| Price / Sales |
4.1x
|
24.1x
|
| Price / FCF |
9.8x
|
51.1x
|
| Revenue Growth YoY |
+3.3%
|
+28.9%
|
| Gross Margin |
89.1%
|
64.1%
|
| Operating Margin |
36.6%
|
42.8%
|
| Return on Equity |
62.3%
|
31.0%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
10.2%
|
1.96%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Adobe Inc. develops industry-leading creative software, digital experience platforms, and publishing tools, powering digital content creation and marketing for professionals worldwide. The business excels with high gross margins above 89%, a sticky subscription model driving recurring revenue over $17B ARR, and dominant moats in digital media, though it faces intensifying AI competition and slowi…
Arista Networks is a leading provider of software-driven cloud networking solutions focused on AI, cloud, and data center markets. The company benefits from durable competitive advantages including a highly experienced leadership team led by CEO Jayshree Ullal, who has driven growth from startup to a $100 billion market cap S&P 500 company. Arista's business quality is high, supported by strong r…
Accumulation Zones
| Metric |
ADBE |
ANET |
| Zone Low |
$269.87 |
$145.48 |
| Zone High |
$305.85 |
$164.88 |
| In Buy Zone? |
Yes
|
No
|