ANET drawdown: 6.9% below the all-time high
Arista Networks Inc. (ANET) is 6.9% below its all-time high, set Jul 10, 2026 (as of market close, Jul 24, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (2014).
- Below all-time high
- −6.9%
- 93.1% of ATH
- All-time high
- $187.0
- Jul 10, 2026
- Time below the high
- 14 days
- since Jul 10, 2026
- Worst-ever drawdown
- −52.2%
- Mar 16, 2020
- Longest underwater
- 2.1 yrs
- between all-time highs
- Today's level first reached
- Apr 22, 2026
- 3 mo ago
- Last time this deep
- Jul 2, 2026
- in a previous episode
% of all-time high since 2014#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of ANET, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Apr 16, 2019 | Mar 16, 2020 | −52.2% | 11 mo | May 20, 2021 | 2.1 yrs |
| Jan 22, 2025 | Apr 4, 2025 | −50.4% | 2 mo | Aug 6, 2025 | 6 mo |
| Sep 29, 2014 | Feb 9, 2016 | −43.2% | 16 mo | Nov 21, 2016 | 2.1 yrs |
| Aug 24, 2018 | Dec 24, 2018 | −38.8% | 4 mo | Mar 21, 2019 | 7 mo |
| Dec 27, 2021 | Jun 16, 2022 | −38.4% | 6 mo | Mar 8, 2023 | 14 mo |
| Oct 29, 2025 | Mar 30, 2026 | −28.3% | 5 mo | Apr 17, 2026 | 6 mo |
| Apr 22, 2026 | May 11, 2026 | −23.2% | 19 days | Jul 8, 2026 | 3 mo |
| Feb 15, 2018 | Feb 21, 2018 | −22.7% | 6 days | Aug 24, 2018 | 6 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2014: how far ANET stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: ANET is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ
- How far is ANET from its all-time high?
- ANET is currently 6.9% below its all-time high, set Jul 10, 2026 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ANET drawdown ever?
- The deepest decline on record in our data (since 2014) took the stock 52.2% below its prior high, bottoming Mar 16, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2014 (split-adjusted). "All-time" means since our price data begins — ANET may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.