Viavi Solutions Inc. (NASDAQ:VIAV) Receives Average Rating of “Moderate Buy” from Analysts

Viavi Solutions Inc. (NASDAQ:VIAV) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $39.25.

A number of analysts recently issued reports on the stock. B. Riley Financial raised their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. UBS Group raised their target price on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Needham & Company LLC lifted their price target on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Susquehanna lifted their price target on shares of Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a report on Thursday, April 30th.

Insider Buying and Selling

In other Viavi Solutions news, EVP Paul Mcnab sold 2,727 shares of Viavi Solutions stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $54.96, for a total value of $149,875.92. Following the transaction, the executive vice president owned 15,471 shares in the company, valued at $850,286.16. This trade represents a 14.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Doug Gilstrap sold 10,000 shares of Viavi Solutions stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the transaction, the director owned 55,766 shares in the company, valued at approximately $3,067,130. This trade represents a 15.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 450,369 shares of company stock worth $23,789,119 over the last 90 days. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

A number of hedge funds have recently made changes to their positions in VIAV. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Viavi Solutions by 431.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock valued at $84,258,000 after purchasing an additional 5,389,435 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Viavi Solutions in the 1st quarter valued at $75,294,000. Invesco Ltd. boosted its holdings in shares of Viavi Solutions by 116.0% in the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock valued at $67,886,000 after purchasing an additional 2,045,702 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Viavi Solutions by 1,011.9% in the 4th quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after acquiring an additional 1,990,848 shares during the period. Finally, Bowen Hanes & Co. Inc. purchased a new position in shares of Viavi Solutions in the 4th quarter valued at $33,323,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions Stock Up 2.5%

Shares of NASDAQ VIAV opened at $48.75 on Tuesday. Viavi Solutions has a 1 year low of $9.08 and a 1 year high of $60.43. The firm’s 50 day moving average price is $46.12 and its 200 day moving average price is $31.22. The firm has a market cap of $11.40 billion, a P/E ratio of -203.12 and a beta of 1.18. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61.

Viavi Solutions (NASDAQ:VIAV) last announced its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. During the same quarter last year, the business earned $0.15 earnings per share. Viavi Solutions’s revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, sell-side analysts anticipate that Viavi Solutions will post 0.73 earnings per share for the current year.

About Viavi Solutions

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.