| ANET |
Report |
Revenue (Q2'26) |
BEAT |
pred ~$2.92B vs. cons $2.828B |
HIGH |
| ANET |
Report |
Non-GAAP diluted EPS (Q2'26) |
BEAT |
pred ~$0.93 vs. cons $0.89 |
MEDIUM |
| ANET |
Report |
Non-GAAP gross margin (Q2'26) |
IN-LINE |
pred ~62.0% vs. cons ~62.4% |
MEDIUM |
| ANET |
Guide |
Q3'26 revenue guide |
BETTER |
guide ~$3.0B vs. cons ~$2.93B (Q3'26) |
MEDIUM |
| ANET |
Guide |
FY2026 revenue growth guide (raise) |
BETTER |
guide ~$11.8B (~31% gr) vs. cons ~$11.6B (FY2026) |
MEDIUM |
| ANET |
Guide |
FY2026 AI fabric target |
BETTER |
guide ~$3.75B vs. prior $3.5B (FY2026) |
LOW |
| ANET |
Guide |
Gross-margin outlook (memory/mix) |
LOWER |
guide ~61-62% vs. cons ~62.5% (2H'26) |
MEDIUM |
| ANET |
Guide |
New 10%+ customer confirmation |
UNKNOWN |
pred 1 new whale vs. cons 0-1 confirmed (FY2026) |
LOW |
| ANET |
Return |
Day-1 residual (stock − beta × S&P 500) |
+3.5% |
— |
MEDIUM |
| ANET |
Return |
5-day cumulative residual |
+3.0% (STABILIZE) |
Beat-and-raise on revenue/EPS with an AI-fabric bump lifts out-period sales estimates, but the ~+17% pre-print run (into a ~2.1 beta name) and memory-cost/mix margin pressure cap EPS revisions higher — so the initial idiosyncratic pop largely holds rather than compounds; margin debate offsets revenue raise, keeping follow-through muted. |
LOW |