Needham & Company LLC Raises Viavi Solutions (NASDAQ:VIAV) Price Target to $28.00

Viavi Solutions (NASDAQ:VIAV) had its price target raised by stock analysts at Needham & Company LLC from $24.00 to $28.00 in a research note issued on Thursday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC’s price objective points to a potential upside of 14.47% from the company’s current price.

A number of other analysts have also recently weighed in on the stock. UBS Group upped their price target on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Rosenblatt Securities upped their target price on Viavi Solutions from $15.00 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Wall Street Zen lowered Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Finally, Stifel Nicolaus increased their price objective on shares of Viavi Solutions from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.13.

Viavi Solutions Price Performance

VIAV stock opened at $24.46 on Thursday. The company has a market cap of $5.46 billion, a PE ratio of -135.88 and a beta of 0.94. Viavi Solutions has a 12-month low of $8.10 and a 12-month high of $24.99. The company has a current ratio of 2.61, a quick ratio of 1.74 and a debt-to-equity ratio of 1.46. The stock has a 50-day moving average price of $18.53 and a two-hundred day moving average price of $14.69.

Viavi Solutions (NASDAQ:VIAV) last posted its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The firm had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. During the same quarter in the prior year, the company earned $0.13 EPS. The company’s revenue was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, research analysts predict that Viavi Solutions will post 0.26 EPS for the current year.

Insider Buying and Selling at Viavi Solutions

In related news, Director Richard John Burns sold 3,384 shares of Viavi Solutions stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $18.76, for a total value of $63,483.84. Following the completion of the sale, the director owned 3,384 shares in the company, valued at approximately $63,483.84. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eugenia Corrales sold 3,384 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $18.76, for a total transaction of $63,483.84. Following the transaction, the director owned 3,384 shares in the company, valued at $63,483.84. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 606,226 shares of company stock valued at $10,714,820. Corporate insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Viavi Solutions during the third quarter valued at approximately $44,000. Covestor Ltd raised its stake in Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after acquiring an additional 676 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Viavi Solutions by 32.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after purchasing an additional 898 shares during the period. Finally, Park Avenue Securities LLC acquired a new stake in shares of Viavi Solutions in the 2nd quarter worth approximately $109,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Key Stories Impacting Viavi Solutions

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Q2 results beat expectations: VIAV reported $0.22 EPS (vs. $0.19 est.) and revenue of $369.3M, up 36% year‑over‑year — the beat and solid top‑line growth are driving optimism. VIAVI Solutions, Inc. Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management raised Q3 revenue guidance to $386M–$400M (well above consensus) and issued EPS guidance above expectations — investors view this as confirmation of durable demand from data center, 5G and defense end markets. Viavi anticipates $386M–$400M Q3 revenue with continued data center and aerospace momentum
• Positive Sentiment: Restructuring and cost actions (including a ~5% workforce reduction) were announced; the market cheered the expected margin improvement and the stock hit multi‑decade highs on the news. Viavi Solutions (VIAV) jumps to decades high on restructuring initiative
• Positive Sentiment: Analysts raised price targets and reiterated buys after the quarter (Needham, Susquehanna, Stifel among firms raising PTs), which supports further upside sentiment. Viavi Solutions (VIAV) PT Raised to $28 at Needham
• Neutral Sentiment: New product/IP expansion: Inertial Labs (a VIAVI company) launched IRINS, a LEO‑aided inertial navigation system addressing GNSS‑denied environments — strategic for defense/aerospace but likely a longer‑term revenue driver. Inertial Labs, a VIAVI Solutions Company, Launches IRINS LEO-Aided Inertial Navigation System
• Neutral Sentiment: Full transcripts and deep dives (earnings call/transcript coverage) add detail on segment mix (data center, NSE/OSP, aerospace) for investors modeling revenue sustainability. Viavi Solutions Inc. (VIAV) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Restructuring includes workforce reductions (~5%) — while supportive of margins, layoffs carry execution and execution‑risk headlines that can spur volatility and short‑term investor concern. Viavi rises after ‘solid’ Q2 and outlook keeps analysts bullish to cut 5 workforce

Viavi Solutions Company Profile

Viavi Solutions Inc is a provider of network test, monitoring and assurance solutions for communications service providers, cable operators, enterprises and government agencies. The company offers an extensive portfolio of fiber optic and copper cable test and measurement instruments, wireless network testing equipment and network performance monitoring software. Its products are designed to support the deployment, maintenance and optimization of high-speed broadband, 5G wireless, data center and enterprise networks.

Viavi’s product offerings are organized into two primary segments: Network & Service Enablement and Optical Security & Performance.