Q4 EPS Forecast for Viavi Solutions Increased by Analyst

Key Points

• Northland Securities raised its Q4 2026 EPS estimate for Viavi to $0.25 (from $0.19) and projects FY2027 EPS of $1.07; Viavi set Q4 2026 guidance at $0.29–$0.31 per share.
• Q3 beat and demand surge: Viavi reported $0.27 EPS vs. $0.24 expected and revenue of $406.8M (up 42.8% YoY), fueling analyst price-target upgrades and a consensus "Moderate Buy" with shares reaching a 52-week high.
• Insider selling amid heavy institutional inflows: Company insiders have sold shares recently (including the CEO), while institutional investors dramatically increased positions, leaving institutions owning ~95.5% of the stock.

Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) - Equities research analysts at Northland Securities boosted their Q4 2026 earnings per share (EPS) estimates for shares of Viavi Solutions in a research report issued on Thursday, April 30th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will post earnings per share of $0.25 for the quarter, up from their prior estimate of $0.19. The consensus estimate for Viavi Solutions' current full-year earnings is $0.64 per share. Northland Securities also issued estimates for Viavi Solutions' Q1 2027 earnings at $0.24 EPS, Q2 2027 earnings at $0.29 EPS, Q4 2027 earnings at $0.29 EPS and FY2027 earnings at $1.07 EPS.

Other equities research analysts have also issued research reports about the company. Wall Street Zen raised Viavi Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. Needham & Company LLC lifted their target price on Viavi Solutions from $28.00 to $36.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Stifel Nicolaus lifted their target price on Viavi Solutions from $20.00 to $24.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. UBS Group lifted their target price on Viavi Solutions from $25.00 to $60.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, B. Riley Financial lifted their target price on Viavi Solutions from $26.00 to $53.00 and gave the company a "buy" rating in a research report on Friday, April 24th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.25.

Viavi Solutions Price Performance

Shares of Viavi Solutions stock opened at $55.33 on Monday. The business's 50 day simple moving average is $36.28 and its 200 day simple moving average is $24.98. Viavi Solutions has a 52-week low of $8.10 and a 52-week high of $60.43. The firm has a market cap of $12.80 billion, a PE ratio of -230.53 and a beta of 1.22. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The business had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. During the same quarter last year, the firm earned $0.15 EPS. Viavi Solutions's revenue for the quarter was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS.

Insiders Place Their Bets

In other Viavi Solutions news, CEO Oleg Khaykin sold 74,315 shares of the business's stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the transaction, the chief executive officer owned 1,849,437 shares of the company's stock, valued at $48,973,091.76. The trade was a 3.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard Belluzzo sold 15,775 shares of the business'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 value of $423,558.75. Following the transaction, the director directly owned 211,850 shares in the company, valued at $5,688,172.50. This trade represents a 6.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 444,773 shares of company stock valued at $11,679,431 in the last 90 days. 1.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VIAV. Arrowstreet Capital Limited Partnership increased its position in shares of Viavi Solutions by 431.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock worth $84,258,000 after purchasing an additional 5,389,435 shares during the last quarter. Invesco Ltd. increased its position in shares of Viavi Solutions by 116.0% during the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider's stock worth $67,886,000 after purchasing an additional 2,045,702 shares during the last quarter. Marshall Wace LLP increased its position in shares of Viavi Solutions by 1,011.9% during the 4th quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider's stock worth $38,983,000 after purchasing an additional 1,990,848 shares during the last quarter. Bowen Hanes & Co. Inc. acquired a new position in shares of Viavi Solutions during the 4th quarter worth approximately $33,323,000. Finally, Aberdeen Group plc acquired a new position in shares of Viavi Solutions during the 3rd quarter worth approximately $20,110,000. Institutional investors and hedge funds own 95.54% of the company's stock.

Key Stories Impacting Viavi Solutions

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

• Positive Sentiment: Q3 results beat expectations — Viavi reported $0.27 EPS vs. $0.24 expected and revenue above consensus, which investors interpreted as confirmation of accelerating demand. Q3 Earnings Call Transcript
• Positive Sentiment: Revenue surge and product demand — Coverage highlights strong revenue growth (year-over-year jump) tied to robust demand from data centers and AI infrastructure customers. That demand narrative helped push the stock higher. Viavi Revenue Soars
• Positive Sentiment: Analyst target upgrades — Susquehanna raised its target to $65 and reiterated a positive view; this upgrade amplified bullish sentiment and buying interest. Susquehanna Price Target Raise
• Neutral Sentiment: UBS raised its price target to $60 but kept a "neutral" rating — the higher target provides support, but the neutral stance tempers how much upside analysts are promising. UBS Price Target Change
• Positive Sentiment: Market reaction and technicals — Shares hit a 52-week high on strong volume as investors rotated into names benefiting from the data-center/AI capex cycle, reinforcing momentum. MarketWatch: 52-Week High
• Neutral Sentiment: Earnings coverage and summaries from multiple outlets provide consistent messaging (beat + strong demand), but long-term upside will depend on sustained order flow and margin trajectory. Earnings Estimates

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.

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