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 2026-05-05.
Arista Networks, Inc. · Technology
$172.62
+12.4% upside to fair value
Grade C High Quality
VS
Honeywell International Inc. · Industrials
$213.17
-14.5% upside to fair value
Grade D
QuantHub Verdict
ANET has more upside to fair value (+12.4%). HON trades at a lower forward P/E (33.0x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric ANET HON
Current Price $172.62 $213.17
Fair Value Estimate $193.98 $182.35
Upside to Fair Value +12.4% -14.5%
Market Cap $217.4B $135.1B
Forward P/E 61.8x 33.0x
EV / EBITDA 54.8x 23.9x
Price / Sales 24.1x 3.7x
Price / FCF 51.1x 32.4x
Revenue Growth YoY +28.9% -6.9%
Gross Margin 64.1% 36.9%
Operating Margin 42.8% 14.9%
Return on Equity 31.0% 23.6%
Dividend Yield 0% 0%
FCF Yield 1.96% 3.09%
Analyst Consensus Strong Buy Buy
Investment Thesis
ANET — Arista Networks, Inc.
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…
HON — Honeywell International Inc.
Honeywell International Inc. is a diversified industrial conglomerate operating across Aerospace Technologies, Building Automation, Process Automation and Technology, and Safety and Productivity Solutions. The company benefits from a strong leadership team with deep internal experience and a history of strategic acquisitions that have expanded its portfolio into high-growth areas such as aerospac…
Accumulation Zones
Metric ANET HON
Zone Low $145.48 $136.76
Zone High $164.88 $155.00
In Buy Zone? No No
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