ANET vs NOW: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and ServiceNow, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-18.
Arista Networks, Inc. · Technology
$169.86
+22.0% upside to fair value
Grade B
High Quality
VS
ServiceNow, Inc. · Technology
$103.24
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
NOW has more upside to fair value
(+45.0%).
ANET trades at a lower forward P/E
(56.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ANET |
NOW |
| Current Price |
$169.86 |
$103.24 |
| Fair Value Estimate |
$207.23 |
$149.70 |
| Upside to Fair Value |
+22.0%
|
+45.0%
|
| Market Cap |
$213.9B |
$106.5B |
| Forward P/E |
56.5x
|
61.1x
|
| EV / EBITDA |
44.7x
|
32.9x
|
| Price / Sales |
21.7x
|
7.6x
|
| Price / FCF |
39.9x
|
23.0x
|
| Revenue Growth YoY |
+35.1%
|
+22.1%
|
| Gross Margin |
63.5%
|
76.6%
|
| Operating Margin |
42.8%
|
13.4%
|
| Return on Equity |
30.6%
|
15.0%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.51%
|
4.35%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Arista Networks is a leading provider of cloud and AI data-center switching solutions with a durable competitive moat driven by its strong presence among hyperscale cloud customers and AI networking providers. The company benefits from a seasoned management team led by founding CEO Jayshree V. Ullal, who has over 17 years at the helm and deep domain expertise. Arista's financials show robust grow…
ServiceNow, Inc. operates in the technology sector specializing in software applications, delivering high-quality enterprise cloud solutions with a durable competitive moat evidenced by a 15% return on equity and strong gross margins of 76.6%. The company is currently in an investing growth phase with 22.1% revenue growth in the most recent quarter, although earnings growth is modest at 2.0%. Des…
Accumulation Zones
| Metric |
ANET |
NOW |
| Zone Low |
$155.42 |
$112.27 |
| Zone High |
$176.15 |
$127.24 |
| In Buy Zone? |
Yes
|
Yes
|