Northland Securities Estimates Viavi Solutions Q2 Earnings

Key Points

• Northland raised its Q2 2027 EPS estimate for Viavi Solutions to $0.47 from $0.38. The company’s latest reported quarter also delivered $0.47 EPS, beating the $0.41 consensus, while revenue of $469.3 million exceeded estimates and rose 56.9% year over year.
• Analyst sentiment is broadly positive: Viavi has a consensus “Moderate Buy” rating and an average price target of $57.83, though some firms recently lowered their targets.
• Institutional investors own 95.54% of the stock, while company insiders sold about 198,099 shares worth $7.9 million over the past 90 days.

Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) - Analysts at Northland Securities boosted their Q2 2027 earnings per share estimates for shares of Viavi Solutions in a research note issued on Thursday, November 5th. Northland Securities analyst T. Savageaux now anticipates that the communications equipment provider will post earnings of $0.47 per share for the quarter, up from their prior estimate of $0.38. The consensus estimate for Viavi Solutions' current full-year earnings is $1.42 per share.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.06. The company had revenue of $469.30 million for the quarter, compared to analyst estimates of $455.06 million. Viavi Solutions had a net margin of 3.97% and a return on equity of 25.36%. The firm's revenue was up 56.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 EPS.

Several other research firms also recently weighed in on VIAV. Needham & Company LLC cut their price objective on Viavi Solutions from $60.00 to $53.00 and set a "buy" rating on the stock in a report on Thursday, November 5th. B. Riley Financial lowered their target price on Viavi Solutions from $63.00 to $60.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Wall Street Zen upgraded Viavi Solutions from a "buy" rating to a "strong-buy" rating in a research report on Saturday, November 7th. UBS Group dropped their target price on Viavi Solutions from $44.00 to $33.00 and set a "neutral" rating for the company in a research report on Thursday, November 5th. Finally, Weiss Ratings raised Viavi Solutions from a "sell (d)" rating to a "hold (c)" rating in a research note on Monday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $57.83.

Viavi Solutions Stock Performance

NASDAQ VIAV opened at $33.00 on Thursday. The firm's fifty day moving average price is $36.44 and its two-hundred day moving average price is $38.83. The stock has a market cap of $8.12 billion, a PE ratio of 137.51 and a beta of 1.31. Viavi Solutions has a fifty-two week low of $15.51 and a fifty-two week high of $60.43. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.40 and a current ratio of 1.65.

Hedge Funds Weigh In On Viavi Solutions

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Viavi Solutions in the second quarter valued at approximately $1,228,529,000. Assenagon Asset Management S.A. raised its holdings in Viavi Solutions by 1,402.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 5,639,752 shares of the communications equipment provider's stock worth $236,418,000 after purchasing an additional 5,264,496 shares during the last quarter. Bank of America Corp DE bought a new position in Viavi Solutions during the 2nd quarter worth approximately $134,922,000. Bank of New York Mellon Corp acquired a new position in shares of Viavi Solutions in the 2nd quarter worth approximately $87,914,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Viavi Solutions in the 1st quarter worth approximately $75,294,000. 95.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, EVP Paul McNab sold 11,032 shares of Viavi Solutions stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $38.97, for a total transaction of $429,917.04. Following the transaction, the executive vice president directly owned 25,639 shares of the company's stock, valued at approximately $999,151.83. The trade was a 30.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laura A. Black sold 71,000 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $46.12, for a total value of $3,274,520.00. Following the completion of the sale, the director owned 71,497 shares in the company, valued at $3,297,441.64. This trade represents a 49.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 198,099 shares of company stock worth $7,916,628. Company insiders own 1.20% of the company's stock.

Viavi Solutions Company Profile

Viavi Solutions Inc. develops testing, monitoring and assurance solutions for communications networks. Its products and software help service providers, equipment makers and enterprises build, maintain and troubleshoot fiber-optic, broadband, wireless and other network infrastructure, including technologies used in 5G and data centers. The company also makes optical technologies and security products, including features used to authenticate banknotes, identity documents and branded goods. These offerings support applications in areas such as anti-counterfeiting, document security and optical coatings.

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