ANET vs NBIS: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and Nebius Group N.V. — 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
Nebius Group N.V. · Technology
$217.99
+45.0% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
NBIS has more upside to fair value
(+45.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ANET |
NBIS |
| Current Price |
$203.47 |
$217.99 |
| Fair Value Estimate |
$234.80 |
$316.09 |
| Upside to Fair Value |
+15.4%
|
+45.0%
|
| Market Cap |
$256.2B |
$52.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
49.7x
|
56.8x
|
| Price / Sales |
24.3x
|
38.6x
|
| Price / FCF |
49.7x
|
—
|
| Revenue Growth YoY |
+37.7%
|
+454.0%
|
| Gross Margin |
63.0%
|
58.6%
|
| Operating Margin |
43.1%
|
-49.3%
|
| Return on Equity |
30.8%
|
0.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.01%
|
—
|
| Analyst Consensus |
Strong Buy
|
Strong 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…
Nebius Group N.V. is an Amsterdam-based AI infrastructure company, formerly Yandex N.V., that builds end-to-end GPU cloud clusters, cloud platforms and developer tools for demanding AI workloads, alongside Toloka AI data solutions, TripleTen education and Avride autonomous driving. The business is growing explosively, with revenue up 454.0% year over year in the most recent quarter, and it has de…
Accumulation Zones
| Metric |
ANET |
NBIS |
| Zone Low |
$176.10 |
$237.07 |
| Zone High |
$199.58 |
$268.68 |
| In Buy Zone? |
No
|
Yes
|