ANET Earnings Predictions — 2026-08-04

Ticker Report or Guide KPI Prediction Answer Confidence
ANET Report Total Revenue (Q2 2026) BEAT pred ~$2.90B vs. cons $2.827B MEDIUM
ANET Report Non-GAAP Gross Margin (Q2 2026) IN-LINE pred ~62.5% vs. cons ~62.4% HIGH
ANET Report Non-GAAP EPS (Q2 2026) BEAT pred ~$0.90 vs. cons $0.883 MEDIUM
ANET Guide Revenue (Q3 2026) BETTER guide ~$2.975B vs. cons $2.940B MEDIUM
ANET Guide Revenue (FY 2026) BETTER guide ~$11.75B vs. cons $11.600B MEDIUM
ANET Guide AI Revenue Target (FY 2026) BETTER guide ~$3.75B vs. embedded $3.50B MEDIUM
ANET Guide Non-GAAP Gross Margin (FY 2026) UNCHANGED guide 62%-64% reiterated vs. cons ~62.5% midpoint HIGH
ANET Return Day-1 residual (stock − beta × S&P 500) +7.0% MEDIUM
ANET Return 5-day cumulative residual +3.0% (FADE) FADE — Day-1 pop partially reverses as sell-side digests implied Q4 math and deferred trajectory commentary; 2 of 3 historical Archetype A quarters faded over 5 days MEDIUM