ANET vs DELL: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and Dell Technologies Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-24.
Arista Networks, Inc. · Technology
$203.47
+15.4% upside to fair value
Med Conviction
Grade C
High Quality
VS
Dell Technologies Inc. · Technology
$569.00
-32.5% upside to fair value
Low Conviction
Grade C
QuantHub Verdict
ANET has more upside to fair value
(+15.4%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ANET |
DELL |
| Current Price |
$203.47 |
$569.00 |
| Fair Value Estimate |
$234.80 |
$383.93 |
| Upside to Fair Value |
+15.4%
|
-32.5%
|
| Market Cap |
$256.2B |
$378.0B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
49.7x
|
21.8x
|
| Price / Sales |
24.3x
|
2.5x
|
| Price / FCF |
49.7x
|
42.9x
|
| Revenue Growth YoY |
+37.7%
|
+57.7%
|
| Gross Margin |
63.0%
|
19.8%
|
| Operating Margin |
43.1%
|
9.6%
|
| Return on Equity |
30.8%
|
-574.6%
|
| Dividend Yield |
0% |
0.41% |
| FCF Yield |
2.01%
|
2.33%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
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…
Dell Technologies is a $378 billion market-cap computer hardware vendor spanning Infrastructure Solutions Group (servers, storage, networking), Client Solutions Group (PCs, displays, peripherals), and a VMware-related software franchise, led by founder-CEO Michael Dell. The business is fundamentally low-quality on the numbers: TTM gross margin is 19.8%, operating margin 9.6%, and net margin 7.5%,…
Accumulation Zones
| Metric |
ANET |
DELL |
| Zone Low |
$176.10 |
$287.95 |
| Zone High |
$199.58 |
$326.34 |
| In Buy Zone? |
No
|
No
|