ANET vs HON: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Arista Networks, Inc. · Technology
$172.86
+82.8% upside to fair value
Grade C
High Quality
VS
Honeywell International Inc. · Industrials
$235.04
-9.9% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
ANET has more upside to fair value
(+82.8%).
HON trades at a lower forward P/E
(22.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ANET |
HON |
| Current Price |
$172.86 |
$235.04 |
| Fair Value Estimate |
$316.03 |
$211.73 |
| Upside to Fair Value |
+82.8%
|
-9.9%
|
| Market Cap |
$217.7B |
$149.4B |
| Forward P/E |
61.9x
|
22.3x
|
| EV / EBITDA |
54.9x
|
16.9x
|
| Price / Sales |
24.2x
|
4.0x
|
| Price / FCF |
51.2x
|
27.7x
|
| Revenue Growth YoY |
+28.9%
|
-2.7%
|
| Gross Margin |
64.1%
|
36.9%
|
| Operating Margin |
42.8%
|
17.7%
|
| Return on Equity |
31.0%
|
33.28%
|
| Dividend Yield |
0% |
1.92% |
| FCF Yield |
1.95%
|
3.61%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Arista Networks is a leading provider of high-speed data center networking hardware and software, specializing in Ethernet switches and cloud networking solutions. The company benefits from strong revenue growth driven by AI and hyperscale cloud demand, with 28.9% revenue growth and 19.3% earnings growth in the most recent quarter. High margins, including a 64.1% gross margin and 42.8% operating …
Honeywell is a diversified industrial conglomerate in the final stages of a transformative three-way separation into Honeywell Aerospace, Solstice Advanced Materials, and a retained Automation entity, targeting Q3 2026 completion. The business generated 33% ROE and $5.4B in free cash flow on $37.4B revenue in FY2025, supported by a record $37B backlog with 23% organic order growth in Q4. At $235 …
Accumulation Zones
| Metric |
ANET |
HON |
| Zone Low |
$237.02 |
$158.80 |
| Zone High |
$268.63 |
$179.97 |
| In Buy Zone? |
Yes
|
No
|