ANET vs PANW: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and Palo Alto Networks, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-06.
Arista Networks, Inc. · Technology
$169.86
+22.0% upside to fair value
Grade B
High Quality
VS
Palo Alto Networks, Inc. · Technology
$287.78
+2.9% upside to fair value
Grade B
High Quality
QuantHub Verdict
ANET has more upside to fair value
(+22.0%).
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 |
PANW |
| Current Price |
$169.86 |
$287.78 |
| Fair Value Estimate |
$207.23 |
$296.19 |
| Upside to Fair Value |
+22.0%
|
+2.9%
|
| Market Cap |
$213.9B |
$196.1B |
| Forward P/E |
56.5x
|
248.9x
|
| EV / EBITDA |
44.7x
|
85.9x
|
| Price / Sales |
21.7x
|
18.5x
|
| Price / FCF |
39.9x
|
45.7x
|
| Revenue Growth YoY |
+35.1%
|
+31.1%
|
| Gross Margin |
63.5%
|
71.9%
|
| Operating Margin |
42.8%
|
9.6%
|
| Return on Equity |
30.6%
|
6.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.51%
|
2.19%
|
| 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…
Palo Alto Networks is a leading cybersecurity company specializing in next-generation security platforms with a strong subscription and support revenue base comprising approximately 81% of total revenue. The company benefits from a wide and expanding competitive moat driven by its AI- and platform-driven cybersecurity solutions, led by a seasoned management team. Despite strong revenue growth of …
Accumulation Zones
| Metric |
ANET |
PANW |
| Zone Low |
$155.42 |
$222.14 |
| Zone High |
$176.15 |
$251.76 |
| In Buy Zone? |
Yes
|
No
|