Viavi Solutions FY2026 EPS Increased by Northland Securities

Key Points

• Northland Securities raised its estimate for Viavi's FY2026 EPS to $0.75 (from $0.65), above the $0.64 consensus, and multiple firms have boosted price targets leaving the stock with an average target of about $39.25 and a "Moderate Buy" consensus.
• Viavi beat Q1 estimates, reporting $0.27 EPS vs. $0.24 expected and $406.8M revenue (vs. $393.8M), with revenue up 42.8% year-over-year and Q4 2026 guidance set at $0.290–$0.310 EPS.
• Insider selling has been significant—432,286 shares (~$11.6M) sold over the past 90 days—while institutional investors/hedge funds own about 95.54% of the stock.

Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) - Investment analysts at Northland Securities upped their FY2026 earnings estimates for shares of Viavi Solutions in a research note issued on Thursday, April 30th. Northland Securities analyst T. Savageaux now anticipates 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.

A number of other equities analysts have also recently commented on the stock. UBS Group lifted their target price on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a "neutral" rating in a research report on Thursday, April 30th. Rosenblatt Securities lifted their target price on shares of Viavi Solutions from $27.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, March 18th. Wall Street Zen upgraded shares of Viavi Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reiterated a "sell (d-)" rating on shares of Viavi Solutions in a research report on Wednesday, April 29th. Finally, Needham & Company LLC lifted their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. Six equities 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $39.25.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $52.49 on Tuesday. The stock has a market cap of $12.15 billion, a PE ratio of -218.70 and a beta of 1.22. The company's fifty day moving average is $36.28 and its 200 day moving average is $24.98. Viavi Solutions has a 52 week low of $8.75 and a 52 week high of $60.43. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last issued its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. The company had revenue of $406.80 million for the quarter, compared to analysts' expectations of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm's revenue was up 42.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS.

Hedge Funds Weigh In On Viavi Solutions

A number of hedge funds have recently modified their holdings of the company. WPG Advisers LLC boosted its stake in shares of Viavi Solutions by 96.2% during the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider's stock valued at $26,000 after purchasing an additional 380 shares in the last quarter. Cedar Mountain Advisors LLC bought a new stake in shares of Viavi Solutions during the 1st quarter valued at about $50,000. State of Wyoming bought a new stake in shares of Viavi Solutions during the 4th quarter valued at about $34,000. Hantz Financial Services Inc. boosted its stake in shares of Viavi Solutions by 86.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider's stock valued at $51,000 after purchasing an additional 1,317 shares in the last quarter. Finally, Johnson Financial Group Inc. bought a new stake in shares of Viavi Solutions during the 3rd quarter valued at about $44,000. Hedge funds and other institutional investors own 95.54% of the company's stock.

Insider Activity

In other Viavi Solutions news, Director Richard Belluzzo sold 15,775 shares of the business's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $26.85, for a total value of $423,558.75. Following the transaction, the director owned 211,850 shares in the company, valued at approximately $5,688,172.50. The trade was a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Oleg Khaykin sold 74,315 shares of the business's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the completion of the transaction, the chief executive officer owned 1,849,437 shares in the company, valued at $48,973,091.76. The trade was a 3.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 432,286 shares of company stock worth $11,587,733 over the last ninety days. 1.80% of the stock is owned by insiders.

About Viavi Solutions

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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