Viavi Solutions’ (VIAV) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Viavi Solutions (NASDAQ:VIAV) in a research report report published on Wednesday morning,Benzinga reports. They currently have a $70.00 target price on the communications equipment provider’s stock.

Several other equities research analysts have also issued reports on VIAV. Susquehanna lifted their price target on shares of Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a research note on Wednesday, July 1st. Wall Street Zen downgraded shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. UBS Group decreased their price objective on Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. B. Riley Financial lowered their target price on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Finally, Weiss Ratings lowered Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Viavi Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $55.43.

Viavi Solutions Trading Up 9.3%

NASDAQ:VIAV opened at $40.68 on Wednesday. The company has a market cap of $10.04 billion, a P/E ratio of -271.18 and a beta of 1.22. Viavi Solutions has a twelve month low of $12.16 and a twelve month high of $60.43. The business has a 50 day moving average price of $38.00 and a two-hundred day moving average price of $41.84. The company has a quick ratio of 1.62, a current ratio of 1.85 and a debt-to-equity ratio of 0.27.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. The company had revenue of $443.10 million for the quarter, compared to the consensus estimate of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The firm’s revenue was up 52.5% compared to the same quarter last year. During the same period last year, the company earned $0.13 earnings per share. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, analysts expect that Viavi Solutions will post 1.42 EPS for the current fiscal year.

Insider Activity

In other Viavi Solutions news, Director Laura Black sold 71,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $46.12, for a total transaction of $3,274,520.00. Following the sale, the director directly owned 71,497 shares of the company’s stock, valued at approximately $3,297,441.64. This represents a 49.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Luke Scrivanich sold 35,866 shares of the stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $36.24, for a total transaction of $1,299,783.84. Following the completion of the sale, the senior vice president owned 39,598 shares of the company’s stock, valued at approximately $1,435,031.52. This represents a 47.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 199,694 shares of company stock valued at $7,976,233 in the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Viavi Solutions

Several hedge funds have recently bought and sold shares of the company. Silvant Capital Management LLC acquired a new position in Viavi Solutions during the second quarter worth approximately $33,000. WPG Advisers LLC boosted its stake in shares of 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 acquiring an additional 380 shares during the period. Persistent Asset Partners Ltd acquired a new position in shares of Viavi Solutions during the 2nd quarter worth approximately $38,000. Carolina Wealth Advisors LLC increased its holdings in shares of Viavi Solutions by 83.2% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock worth $41,000 after acquiring an additional 387 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Viavi Solutions by 309.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,130 shares of the communications equipment provider’s stock valued at $54,000 after acquiring an additional 854 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

More Viavi Solutions News

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

• Positive Sentiment: CMMC certification strengthens defense positioning: VIAVI’s Aerospace and Defense division completed Level 2 certification under the Cybersecurity Maturity Model Certification program. The credential may improve the company’s ability to serve government, defense and national-security customers, although it does not immediately provide a measurable revenue impact. VIAVI Successfully Achieves CMMC Level 2 Certification
• Positive Sentiment: AI and data-center demand are supporting the growth outlook: Recent commentary highlighted strong demand for VIAVI’s Network and Service Enablement products, adoption of 1.6-terabit networking and contributions from its Spirent acquisition. The company is also benefiting from broader exposure to AI data centers, 6G and wireless testing markets. Should VIAV Be in Your Portfolio After a 196.4% Gain in a Year?
• Positive Sentiment: Analyst remains bullish: Rosenblatt Securities reaffirmed a “Buy” rating and a $70 price target, well above recent trading levels. The broader analyst consensus remains “Moderate Buy,” with an average target of approximately $55.43. Rosenblatt Securities Reaffirms Buy Rating for Viavi Solutions
• Neutral Sentiment: Short-interest data showed no current short position: Reported short interest totaled zero shares as of September 24, producing a zero-day days-to-cover ratio. This could reduce short-selling pressure, though the figure may reflect a reporting or data anomaly rather than a meaningful change in investor positioning.
• Negative Sentiment: Insider selling creates a modest sentiment headwind: Senior Vice President Luke Scrivanich sold 35,866 shares valued at roughly $1.3 million, reducing his position by 47.5%. The transaction was made under a pre-arranged Rule 10b5-1 trading plan, which lessens its significance as a bearish signal. Luke Scrivanich Sells Shares of Viavi Solutions
• Negative Sentiment: Wireless weakness remains a risk: Analysts noted that softer wireless demand could limit growth even as data-center networking and Spirent-related opportunities provide momentum.

Viavi Solutions Company Profile

Viavi Solutions Inc (NASDAQ: VIAV) develops test, measurement, and assurance technologies for communications networks and optical systems. Its products and software help telecommunications providers, network equipment manufacturers, data centers, government organizations, and other enterprises build, validate, monitor, and maintain wired and wireless networks.

The company’s offerings include instruments and software for fiber-optic testing, network installation and certification, service activation, network performance monitoring, troubleshooting, and telecommunications equipment testing.