Viavi Solutions (NASDAQ:VIAV) Updates Q3 2026 Earnings Guidance

Viavi Solutions (NASDAQ:VIAV) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.220-4.000 for the period, compared to the consensus estimate of 0.140. The company issued revenue guidance of $386.0 million-$400.0 million, compared to the consensus revenue estimate of $354.9 million.

Analysts Set New Price Targets

Several analysts have issued reports on VIAV shares. Needham & Company LLC upped their price target on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Stifel Nicolaus increased their target price on Viavi Solutions from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Rosenblatt Securities lifted their price objective on Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, B. Riley lifted their target price on shares of Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Monday. Seven 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.89.

Viavi Solutions Price Performance

Shares of VIAV traded up $0.33 during trading hours on Wednesday, reaching $21.03. 9,034,642 shares of the stock traded hands, compared to its average volume of 4,253,871. The company has a market cap of $4.69 billion, a P/E ratio of 300.43 and a beta of 0.94. The company has a current ratio of 1.99, a quick ratio of 1.74 and a debt-to-equity ratio of 0.88. The company’s 50-day moving average price is $18.09 and its two-hundred day moving average price is $14.47. Viavi Solutions has a 52-week low of $8.10 and a 52-week high of $21.52.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The business had revenue of $299.10 million during the quarter, compared to analysts’ expectations of $294.35 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 EPS. On average, analysts anticipate that Viavi Solutions will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Oleg Khaykin sold 85,836 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $17.63, for a total transaction of $1,513,288.68. Following the completion of the transaction, the chief executive officer owned 2,025,005 shares of the company’s stock, valued at $35,700,838.15. This trade represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Kevin Christopher Siebert sold 24,225 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $18.26, for a total value of $442,348.50. Following the completion of the sale, the senior vice president owned 49,225 shares of the company’s stock, valued at $898,848.50. This trade represents a 32.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 606,226 shares of company stock valued at $10,714,820. Corporate insiders own 1.80% 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: VIAVI reported $0.22 EPS vs. $0.19 consensus, releasing a slide deck and press materials that accompanied the beat — the surprise lift in profit drove immediate buying interest. VIAVI Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Analyst upgrade/price?target increase: B. Riley raised VIAV’s price target (coverage noted) which helped lift sentiment and was cited in reports noting an analyst-driven rally. B. Riley Increases Viavi Solutions (NASDAQ:VIAV) Price Target to $22.00
• Positive Sentiment: Strategic narrative: Coverage highlights that VIAVI is “repositioning” its Edge platform as a core enterprise growth engine — a potential multi?quarter growth story if adoption accelerates. Is Viavi Solutions (VIAV) Quietly Repositioning Its Edge Platform as a Core Enterprise Growth Engine?
• Neutral Sentiment: Analyst coverage roundup and outlook pieces provide mixed perspectives — some see upside from software/edge exposure while others flag execution risks; these pieces give context but not new catalyst. Viavi Solutions Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
• Neutral Sentiment: Momentum and retail attention: multiple news items explain today’s surge and high volume (roughly double average), suggesting short?term momentum traders are active. Why is Viavi Solutions (VIAV) stock soaring today
• Negative Sentiment: Valuation and margin caution: VIAV trades at a high P/E and currently posts slim net margins (~1.3%), which raises downside risk if growth or margin improvement disappoints — keep an eye on guidance and margin trends in upcoming quarters.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds have recently added to or reduced their stakes in the business. Johnson Financial Group Inc. purchased a new stake in shares of Viavi Solutions in the third quarter valued at approximately $44,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of Viavi Solutions in the third quarter valued at $136,000. Headlands Technologies LLC acquired a new position in shares of Viavi Solutions during the 2nd quarter worth $148,000. United Services Automobile Association purchased a new stake in shares of Viavi Solutions in the 1st quarter worth about $165,000. Finally, Vise Technologies Inc. increased its holdings in Viavi Solutions by 16.4% during the 3rd quarter. Vise Technologies Inc. now owns 14,749 shares of the communications equipment provider’s stock valued at $187,000 after acquiring an additional 2,075 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors and hedge funds.

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.