Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Arista Networks's share price for the quarter that ended in Mar. 2026 was $122.2. Arista Networks's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,259 Mil. Therefore, Arista Networks's market cap for the quarter that ended in Mar. 2026 was $153,874 Mil.
Arista Networks's quarterly market cap
declined
from Sep. 2025 ($180,909 Mil) to Dec. 2025 ($166,122 Mil) and
declined
from Dec. 2025 ($166,122 Mil) to Mar. 2026 ($153,874 Mil).
Arista Networks's annual market cap
increased
from Dec. 2023 ($73,677 Mil) to Dec. 2024 ($139,529 Mil) and
increased
from Dec. 2024 ($139,529 Mil) to Dec. 2025 ($166,122 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Arista Networks's Enterprise Value for Today is $189,101 Mil.
Arista Networks (LTS:0HHR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Arista Networks Market Cap Related Terms
Arista Networks Market Cap Historical Data
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The historical data trend for Arista Networks's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Computer Hardware subindustry, Arista Networks's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Arista Networks Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Arista Networks's Market Cap distribution charts can be found below:
* The bar in red indicates where Arista Networks's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Arista Networks's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Arista Networks (LTS:0HHR) has a Market Cap of $201,455 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Arista Networks and its competitors. According to the industry distribution chart, Arista Networks ranks #7 out of 2519 companies in the Hardware industry, placing it in the top 0.3%.
Is Arista Networks' Market Cap too high?
Arista Networks' current Market Cap is $201,455 Mil. The Hardware industry median Market Cap is 210.36. Arista Networks' value of $201,455 Mil is 95665.4% above this industry median. Based on the distribution chart, Arista Networks ranks #7 out of 2519 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Arista Networks has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' Market Cap compare to WDC and STX?
According to the Hardware industry distribution chart, Arista Networks ranks #7 out of 2519 companies for Market Cap. This places Arista Networks in the top 0% of its industry — outperforming the majority of peers. The industry median Market Cap is 210.36. Arista Networks' value of $201,455 Mil is 95665.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 210.36, based on 2,519 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arista Networks's current Market Cap of $201,455 Mil is 95665.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Arista Networks and its competitors. For the Hardware industry, the median Market Cap is 210.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arista Networks's current Market Cap is $201,455 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Networks stock overvalued right now?
Based on GuruFocus' analysis, Arista Networks (LTS:0HHR) is currently considered Modestly Overvalued. The stock's GF Value™ is $139.45, compared to a current price of $159.78 — trading 14.6% above its estimated fair value. The current Market Cap is $201,455 Mil and 95665.4% above the Hardware industry median of 210.36. Arista Networks' overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Arista Networks (LTS:0HHR), the current Market Cap is $201,455 Mil as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Arista Networks (LTS:0HHR) Overvalued in 2026?
Based on GuruFocus' analysis, Arista Networks stock appears to be overvalued.
The current stock price of $159.78 is trading 14.6% above its estimated GF Value™ of $139.45.
GuruFocus considers Arista Networks to be Modestly Overvalued.
Key valuation signals for LTS:0HHR:
Market Cap: $201,455 Mil
GF Value™: $139.45 vs. price of $159.78 (14.6% above fair value)
Industry Position: 95665.4% above the Hardware median (#7 of 2519)
No single metric tells the full story. See the LTS:0HHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
88GF Score
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