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 2026-09-24.
Adobe Inc. · Technology
$238.25
+13.5% upside to fair value
Med Conviction
Grade B
High Quality
VS
Arista Networks, Inc. · Technology
$203.47
+15.4% upside to fair value
Med Conviction
Grade C
High Quality
QuantHub Verdict
ANET has more upside to fair value
(+15.4%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ADBE |
ANET |
| Current Price |
$238.25 |
$203.47 |
| Fair Value Estimate |
$270.38 |
$234.80 |
| Upside to Fair Value |
+13.5%
|
+15.4%
|
| Market Cap |
$94.7B |
$256.2B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
9.5x
|
49.7x
|
| Price / Sales |
3.6x
|
24.3x
|
| Price / FCF |
8.6x
|
49.7x
|
| Revenue Growth YoY |
+12.9%
|
+37.7%
|
| Gross Margin |
89.1%
|
63.0%
|
| Operating Margin |
35.7%
|
43.1%
|
| Return on Equity |
62.9%
|
30.8%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
11.63%
|
2.01%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Adobe is a global software provider organized into Digital Media, Digital Experience, and Publishing and Advertising, with Creative Cloud as its subscription flagship and Document Cloud as its cloud-native document platform. The business quality is high on fundamentals: TTM gross margin of 89.1%, TTM operating margin of 35.7%, TTM net margin of 28.0%, ROE of 62.9%, and free cash flow of $27.69 pe…
Arista Networks designs and sells high-performance Ethernet switching and routing hardware plus its extensible EOS network operating system, and it sits directly in the path of the AI data-center build-out where networking, not compute, is increasingly the bottleneck. The business quality is genuinely high: TTM gross margin of 63.0%, TTM operating margin of 43.1%, TTM net margin of 38.4%, and ROE…
Accumulation Zones
| Metric |
ADBE |
ANET |
| Zone Low |
$202.78 |
$176.10 |
| Zone High |
$229.82 |
$199.58 |
| In Buy Zone? |
No
|
No
|