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If You Invested $1000 in Arista Networks a Decade Ago, This is How Much It'd Be Worth Now

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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.

Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.

What if you'd invested in Arista Networks (ANET - Free Report) ten years ago? It may not have been easy to hold on to ANET for all that time, but if you did, how much would your investment be worth today?

Arista Networks' Business In-Depth

With that in mind, let's take a look at Arista Networks' main business drivers.

Santa Clara, CA-based Arista Networks, Inc. is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next generation data center networks.

Arista uses multiple silicon architectures across its products. At the core of the company’s cloud networking solutions is the Linux-based Extensible Operating System (EOS), which was architected to be fully programmable and highly modular.

EOS supports leading cloud and virtualization solutions, including Microsoft System Center, OpenStack and other cloud management frameworks. The company co-authored the Virtual Extensible LAN (VXLAN) protocol specification with VMware and was the first to demonstrate VXLAN integration. It has now expanded VXLAN routing and integration.

In 2015, Arista introduced CloudVision, a network-wide approach for workload orchestration and workflow automation delivering a turnkey solution for cloud networking. In 2019, Arista introduced 10 new 400G platforms. In the Leaf/Spine High Network Radix category, it now offers two new fixed 32 port 400G switches and a 128 port 100G/32 port 400G modular switch. For the Universal Leaf and Spine category of switching, the company introduced R3 series 100G and 400G products supporting up to 2.5M routes on its 7280R3 series fixed and 7500R3 series modular platforms.

Arista introduced a modular family called the 7800R3, a high density 100G and 400G platform supporting up to 460 Tbps of system throughput. Also, it launched the 720XP Series of fixed Power over Ethernet (PoE) leaf switches with 60W PoE, enabling it to offer a complete end-to-end solution for cognitive campus Ethernet as well as the introduction of WiFi-6 wireless Access Points (APs).

The company serves five verticals namely – cloud titans (customers that deploy more than one million servers), cloud specialty providers, service providers, financial services and rest of enterprise. Arista’s customers include six of the largest cloud service providers based on annual revenues. In 2024, total revenues were $7 billion.

Bottom Line

Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Arista Networks, if you bought shares a decade ago, you're likely feeling really good about your investment today.

According to our calculations, a $1000 investment made in July 2015 would be worth $20,615.96, or a gain of 1,961.60%, as of July 23, 2025, and this return excludes dividends but includes price increases.

In comparison, the S&P 500's gained 198.45% and the price of gold went up 202.98% over the same time frame.

Analysts are anticipating more upside for ANET.

Arista should benefit from its software-driven, data-centric approach that helps customers build their cloud architecture and enhance the cloud experience they offer their clients. Diversification across its top verticals and product lines, along with an improved market demand supported by a flexible business model and solid cash flow, augurs well for long-term growth. The versatility of Arista's unified software stack across various use cases, including WAN routing and campus and data center infrastructure, sets it apart from other competitors in the industry. However, Arista faces stiff competition in cloud networking solutions, particularly in the 10-gigabit Ethernet and above. Rise in headcount expense, new product introduction costs and higher variable expenditures are straining margins. High customer concentration is worrisome.

Over the past four weeks, shares have rallied 15.59%, and there have been 1 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.


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