ANET vs MELI: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and MercadoLibre, 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
MercadoLibre, Inc. · Consumer Cyclical
$1,767.42
+41.4% upside to fair value
High Conviction
Grade A
QuantHub Verdict
ANET has more upside to fair value
(+82.8%).
MELI trades at a lower forward P/E
(35.0x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ANET |
MELI |
| Current Price |
$172.86 |
$1,767.42 |
| Fair Value Estimate |
$316.03 |
$2,500.00 |
| Upside to Fair Value |
+82.8%
|
+41.4%
|
| Market Cap |
$217.7B |
$89.6B |
| Forward P/E |
61.9x
|
35.0x
|
| EV / EBITDA |
54.9x
|
18.5x
|
| Price / Sales |
24.2x
|
3.1x
|
| Price / FCF |
51.2x
|
8.9x
|
| Revenue Growth YoY |
+28.9%
|
+39.1%
|
| Gross Margin |
64.1%
|
44.5%
|
| Operating Margin |
42.8%
|
11.1%
|
| Return on Equity |
31.0%
|
33.7%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.95%
|
12.1%
|
| Analyst Consensus |
Strong Buy
|
Strong 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 …
MercadoLibre is the dominant e-commerce and fintech ecosystem across Latin America, operating the largest marketplace and digital payments platform in a region with 670M+ people where e-commerce penetration is still under 15%. Revenue grew 39% to $28.9B in FY2025 with $10.8B in free cash flow — a 12% FCF yield at current prices. The company is trading at its 5-year P/S minimum (3.1x) and P/FCF mi…
Accumulation Zones
| Metric |
ANET |
MELI |
| Zone Low |
$237.02 |
$1,875.00 |
| Zone High |
$268.63 |
$2,125.00 |
| In Buy Zone? |
Yes
|
Yes
|