Bank of America Corp DE Raises Stock Holdings in Viavi Solutions Inc. $VIAV

Bank of America Corp DE raised its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 27.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,587,893 shares of the communications equipment provider’s stock after purchasing an additional 550,589 shares during the quarter. Bank of America Corp DE’s holdings in Viavi Solutions were worth $86,125,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. WPG Advisers LLC increased its holdings in Viavi Solutions by 96.2% during the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 380 shares during the last quarter. State of Wyoming acquired a new stake in shares of Viavi Solutions during the fourth quarter worth approximately $34,000. Johnson Financial Group Inc. acquired a new stake in shares of Viavi Solutions during the third quarter worth approximately $44,000. Cedar Mountain Advisors LLC bought a new stake in shares of Viavi Solutions in the first quarter worth $50,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Viavi Solutions by 86.2% in the fourth quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after buying an additional 1,317 shares during the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Susquehanna upped their price target on shares of Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a report on Wednesday, July 1st. B. Riley Financial decreased their price objective on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating for the company in a report on Thursday. UBS Group dropped their target price on shares of Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating for the company in a research report on Thursday. Stifel Nicolaus upped their target price on shares of Viavi Solutions from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Needham & Company LLC cut their target price on shares of Viavi Solutions from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $49.88.

Key Viavi Solutions News

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

• Positive Sentiment: Viavi reported fiscal fourth-quarter adjusted earnings of $0.34 per share, above the $0.30 consensus estimate, while revenue reached $443.1 million—also ahead of expectations and up 52.5% year over year. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management issued fiscal first-quarter 2027 EPS guidance of $0.40 to $0.42 and is targeting a $500 million quarterly revenue run rate in calendar 2027. Growth is being supported by data-center, aerospace-and-defense demand and contributions from the Spirent portfolio. Viavi Anticipates Q1 FY2027 EPS and $500 Million Quarter
• Positive Sentiment: The earnings call highlighted expanding test opportunities tied to 1.6-terabit networking, co-packaged optics and optical switching, potentially strengthening Viavi’s exposure to AI-related data-center infrastructure. VIAVI Q4 Earnings Call Signals Data Center Strength
• Neutral Sentiment: Analyst sentiment remains broadly constructive, with buy ratings and targets of $60 from Needham and B. Riley, $65 from Stifel and $70 from Rosenblatt, implying substantial potential upside from recent trading levels.
• Negative Sentiment: UBS lowered its target from $60 to $44 and assigned a neutral rating. Other firms also reduced their targets, suggesting concerns that the strong earnings outlook may already be reflected in the valuation. Analyst Price Target Updates
• Negative Sentiment: A valuation-focused assessment following the earnings beat may be contributing to selling pressure, particularly as Viavi continues to report a negative net margin and carries a high earnings multiple based on current results. Viavi Solutions Following Earnings Beat and Guidance

Viavi Solutions Stock Performance

Viavi Solutions stock opened at $39.14 on Friday. The company has a fifty day moving average price of $44.19 and a two-hundred day moving average price of $38.96. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.39. Viavi Solutions Inc. has a 12 month low of $10.30 and a 12 month high of $60.43. The company has a market cap of $9.16 billion, a PE ratio of -260.92 and a beta of 1.21.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The business had revenue of $443.10 million during the quarter, compared to analyst estimates of $432.62 million. During the same period in the previous year, the business posted $0.13 EPS. The company’s quarterly revenue was up 52.5% on a year-over-year basis. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Research analysts expect that Viavi Solutions Inc. will post 1.02 earnings per share for the current year.

Viavi Solutions 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.