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 2026-05-05.
Arista Networks, Inc. · Technology
$172.62
+12.4% upside to fair value
Grade C
High Quality
VS
Palo Alto Networks, Inc. · Technology
$174.41
-0.1% upside to fair value
Grade B
High Quality
QuantHub Verdict
ANET has more upside to fair value
(+12.4%).
ANET trades at a lower forward P/E
(61.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ANET |
PANW |
| Current Price |
$172.62 |
$174.41 |
| Fair Value Estimate |
$193.98 |
$174.18 |
| Upside to Fair Value |
+12.4%
|
-0.1%
|
| Market Cap |
$217.4B |
$118.9B |
| Forward P/E |
61.8x
|
94.6x
|
| EV / EBITDA |
54.8x
|
52.3x
|
| Price / Sales |
24.1x
|
12.0x
|
| Price / FCF |
51.1x
|
29.2x
|
| Revenue Growth YoY |
+28.9%
|
+14.9%
|
| Gross Margin |
64.1%
|
73.5%
|
| Operating Margin |
42.8%
|
14.4%
|
| Return on Equity |
31.0%
|
15.5%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.96%
|
3.42%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
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…
Palo Alto Networks, Inc. is a leading global cybersecurity company specializing in AI-driven security platforms with a strong recurring revenue base exceeding 80% of total revenue. The company benefits from a high gross margin of 73.5% and solid profitability with a net margin of 13.0%, supported by accelerating revenue growth of 14.9% and earnings growth of 61.6% in the most recent quarter. Unde…
Accumulation Zones
| Metric |
ANET |
PANW |
| Zone Low |
$145.48 |
$130.63 |
| Zone High |
$164.88 |
$148.05 |
| In Buy Zone? |
No
|
No
|