Viavi Solutions Inc. (NASDAQ:VIAV) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts remain moderately bullish: Viavi Solutions has a consensus “Moderate Buy” rating, with six buys, one strong buy, one hold, and one sell among nine analysts. The average 12-month price target is $55.43.
• Recent results exceeded expectations: The company reported quarterly EPS of $0.34 versus the $0.30 consensus and revenue of $443.1 million, up 52.5% year over year. Management guided to $0.40–$0.42 EPS for Q1 2027.
• Insiders have been selling shares while the stock trades below analyst targets: Insiders sold 163,828 shares worth $6.68 million in the last quarter, and VIAV recently opened at $34.47—well below its $55.43 average target.

Shares of Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) have received a consensus rating of "Moderate Buy" from the nine analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $55.4286.

VIAV has been the subject of several recent analyst reports. UBS Group decreased their price objective 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, August 6th. Stifel Nicolaus lifted their target price on shares of Viavi Solutions from $60.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Susquehanna boosted their target price 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. Weiss Ratings cut shares of Viavi Solutions from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, September 8th. Finally, B. Riley Financial decreased their price target on Viavi Solutions from $63.00 to $60.00 and set a "buy" rating for the company in a report on Thursday, August 6th.

Insiders Place Their Bets

In related news, Director Laura Black sold 71,000 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $46.12, for a total transaction of $3,274,520.00. Following the completion of the sale, the director owned 71,497 shares of the company's stock, valued at $3,297,441.64. This trade represents a 49.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Paul McNab sold 11,032 shares of Viavi Solutions stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $38.97, for a total value of $429,917.04. Following the completion of the sale, the executive vice president owned 25,639 shares of the company's stock, valued at approximately $999,151.83. The trade was a 30.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 163,828 shares of company stock worth $6,676,449 in the last quarter. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Viavi Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. WPG Advisers LLC boosted its holdings in Viavi Solutions by 96.2% in the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider's stock worth $26,000 after acquiring an additional 380 shares in the last quarter. Silvant Capital Management LLC acquired a new stake in Viavi Solutions in the 2nd quarter valued at $33,000. Persistent Asset Partners Ltd bought a new stake in Viavi Solutions during the 2nd quarter valued at $38,000. Carolina Wealth Advisors LLC increased its stake in Viavi Solutions by 83.2% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider's stock valued at $41,000 after purchasing an additional 387 shares in the last quarter. Finally, Cedar Mountain Advisors LLC acquired a new position in Viavi Solutions during the first quarter worth $50,000. Institutional investors own 95.54% of the company's stock.

Viavi Solutions Price Performance

Viavi Solutions stock opened at $34.47 on Thursday. The stock's 50 day moving average is $38.53 and its 200 day moving average is $41.66. Viavi Solutions has a one year low of $12.05 and a one year high of $60.43. The firm has a market cap of $8.51 billion, a P/E ratio of -229.78 and a beta of 1.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $432.62 million. During the same quarter in the prior year, the firm posted $0.13 EPS. The company's revenue for the quarter was up 52.5% compared to the same quarter last year. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, research analysts expect that Viavi Solutions will post 1.32 EPS for the current year.

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.

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