
Viavi Solutions Inc. (NASDAQ:VIAV – Free Report) – Northland Securities lifted their FY2026 EPS estimates for shares of Viavi Solutions in a report issued on Thursday, April 30th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings of $0.75 per share for the year, up from their prior estimate of $0.65. The consensus estimate for Viavi Solutions’ current full-year earnings is $0.64 per share.
Several other equities research analysts have also commented on VIAV. UBS Group boosted their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Viavi Solutions in a research note on Wednesday, April 29th. Rosenblatt Securities boosted their price objective on shares of Viavi Solutions from $27.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Needham & Company LLC boosted their price objective on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Stifel Nicolaus boosted their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $39.25.
Viavi Solutions Trading Down 5.1%
Shares of VIAV opened at $52.49 on Tuesday. The firm’s 50-day moving average price is $36.28 and its 200-day moving average price is $24.98. The firm has a market capitalization of $12.15 billion, a price-to-earnings ratio of -218.70 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. Viavi Solutions has a 1-year low of $8.75 and a 1-year high of $60.43.
Viavi Solutions (NASDAQ:VIAV – Get Free Report) last announced its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The company’s revenue for the quarter was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS.
Insider Activity
In other news, CEO Oleg Khaykin sold 74,315 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total value of $1,967,861.20. Following the transaction, the chief executive officer owned 1,849,437 shares in the company, valued at approximately $48,973,091.76. This represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Richard Belluzzo sold 15,775 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $26.85, for a total transaction of $423,558.75. Following the completion of the transaction, the director owned 211,850 shares in the company, valued at approximately $5,688,172.50. This represents a 6.93% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 432,286 shares of company stock worth $11,587,733. Corporate insiders own 1.80% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in VIAV. Royal Bank of Canada raised its holdings in shares of Viavi Solutions by 11.5% during the first quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock valued at $2,051,000 after purchasing an additional 18,910 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Viavi Solutions by 110.5% during the first quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider’s stock valued at $377,000 after purchasing an additional 17,673 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Viavi Solutions by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider’s stock valued at $1,467,000 after purchasing an additional 5,775 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Viavi Solutions by 205.4% during the first quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after purchasing an additional 320,662 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Viavi Solutions during the first quarter valued at approximately $165,000. 95.54% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Stories
Receive News & Ratings for Viavi Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viavi Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
