ANET
Arista Networks, Inc.
ANET's fundamentals are strong, but it looks expensive: trading at 56x earnings, above its usual 40x. Analysts expect strong earnings growth.
COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
ANET Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
ANET's revenue, profitability, cash flow and balance sheet are all currently strong.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
ANET PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 31x | $115 | -44% |
| Forward | 36x | $207 | — |
| Fair | 40x | $147 | -29% |
| Expensive | 52x | $194 | -6% |
| Current | 56x | $207 | — |
Historical ranges are pointers, not guarantees.
ANET's PE is in its expensive range at 56x. If earnings grow as analysts expect, today's price would be 36x next year's earnings, in its fair range.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
ANET Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Moderate | |
| Moderate |
ANET has the edge over COIN on the outlook, with more favorable revenue expectations.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
ANET Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.67 | +53% |
| Q3 2026 | $3.71 | +41% |
| Q2 2026 | $3.16 | +24% |
| Q1 2026 | $2.91 | +23% |
| Q4 2025 | $2.75 | +23% |
| Q3 2025 | $2.64 | +27% |
| Q2 2025 | $2.55 | +32% |
| Q1 2025 | $2.37 | +32% |
| Q4 2024 | $2.23 | +35% |
ANET has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
ANET Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +58% |
| Q2 2026 | $3B | +38% |
| Q1 2026 | $2.7B | +35% |
| Q4 2025 | $2.5B | +29% |
| Q3 2025 | $2.3B | +27% |
| Q2 2025 | $2.2B | +30% |
| Q1 2025 | $2B | +28% |
| Q4 2024 | $1.9B | +25% |
ANET has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 45% | +2.5 points |
| Q2 2026 | 45% | +0.7 points |
| Q1 2026 | 43% | -0.1 points |
| Q4 2025 | 42% | +0.1 points |
| Q3 2025 | 42% | -1 points |
| Q2 2025 | 45% | +3.3 points |
| Q1 2025 | 43% | +0.8 points |
| Q4 2024 | 41% | -0.1 points |
ANET has the edge over COIN on profitability, with a higher operating margin.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
ANET Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1B | -11% |
| Q2 2026 | $1.1B | -10% |
| Q1 2026 | $1.6B | +167% |
| Q4 2025 | $1.2B | +20% |
| Q3 2025 | $1.2B | +6.1% |
| Q2 2025 | $1.2B | +19% |
| Q1 2025 | $613.3M | +22% |
| Q4 2024 | $1B | +96% |
ANET has the edge over COIN on cash flow, with more consistent year-over-year improvement.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
ANET Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +2.2M shares |
| 1 year | +0.1% | +1.6M shares |
| 3 years | +0.6% | +7.7M shares |
| 5 years | 0% | -344K shares |
| Available history | -1.2% | -15.9M shares |
ANET has 1.3B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $620.1M |
| Q3 2025 | — |
| Q2 2025 | $195.9M |
| Q1 2025 | $787.1M |
| Q4 2024 | $123.8M |
ANET spent $620M buying back its own shares over the past year, down 44% from the year before.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has the edge over ANET on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
ANET Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.9x | Net Cash |
ANET has more cash than debt.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has the edge over ANET on leverage, with a lower net debt burden relative to earnings.
ANET Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 40.9 | Neutral |
ANET's weekly RSI is 60 (neutral) and its Stochastic is 41 (neutral).
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
ANET PE vs Technology Sector
| Metric | ANET | Sector median | Relative |
|---|---|---|---|
| PE | 56x | 28x | 100% above |
| PE % | 91 | 35 | 56 pts above |
ANET is trading at 56x earnings, a 100% premium to the Technology sector's median of 28x.
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
ANET Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $190.8 | 8.3% above |
| 20 week MA | $188.0 | 9.9% above |
| 50 week MA | $160.7 | 29% above |
| 100 week MA | $136.6 | 51% above |
| 200 week MA | $99.6 | 107% above |
ANET has the edge over COIN on trend strength, trading above more of its moving averages.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
ANET Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.8 | $18.1 | +41% |
| 2021 | $18.1 | $35.5 | +96% |
| 2022 | $35.5 | $29.9 | -16% |
| 2023 | $29.9 | $58.9 | +97% |
| 2024 | $58.9 | $113.0 | +92% |
| 2025 | $113.0 | $131.8 | +17% |
| 2026 YTD | $131.8 | $206.6 | +57% |
ANET has the edge over COIN on returns for 2026, with the stronger performance.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.