Viavi Solutions Inc. (NASDAQ:VIAV) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts rate Viavi Solutions “Moderate Buy.” Of 10 analysts, six recommend buying, one strongly recommends buying, two rate the stock a hold and one rates it a sell; the average 12-month price target is $49.88.
• Viavi’s latest quarterly results exceeded expectations, with adjusted EPS of $0.34 versus the $0.30 consensus and revenue of $443.1 million versus $432.6 million expected. Revenue rose 52.5% year over year, and management guided to first-quarter 2027 EPS of $0.40–$0.42.
• The stock opened at $38.90, well below its 52-week high of $60.43. Recent insider activity included substantial share sales by a director and an executive, while institutional investors own 95.54% of outstanding shares.

Shares of Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) have been assigned an average rating of "Moderate Buy" from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $49.8750.

VIAV has been the subject of several recent analyst reports. Weiss Ratings downgraded shares of Viavi Solutions from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday, August 11th. Susquehanna lifted their price target on shares of Viavi Solutions from $65.00 to $66.00 and gave the stock a "positive" rating in a research report on Wednesday, July 1st. UBS Group decreased their price target on shares of Viavi Solutions from $60.00 to $44.00 and set a "neutral" rating for the company in a report on Thursday, August 6th. Stifel Nicolaus upped their price objective on shares of Viavi Solutions from $60.00 to $65.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Needham & Company LLC lowered their price objective on shares of Viavi Solutions from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, August 6th.

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, Director Laura A. Black sold 71,000 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $46.12, for a total value of $3,274,520.00. Following the completion of the transaction, the director directly owned 71,497 shares of the company's stock, valued at approximately $3,297,441.64. The trade was a 49.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Mcnab sold 1,595 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $37.37, for a total value of $59,605.15. Following the completion of the sale, the executive vice president owned 13,876 shares of the company's stock, valued at $518,546.12. This trade represents a 10.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. WPG Advisers LLC boosted its position in shares of Viavi Solutions by 96.2% during the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider's stock worth $26,000 after buying an additional 380 shares during the period. Silvant Capital Management LLC acquired a new stake in shares of Viavi Solutions in the 2nd quarter valued at approximately $33,000. State of Wyoming bought a new position in shares of Viavi Solutions in the fourth quarter valued at $34,000. Persistent Asset Partners Ltd acquired a new position in Viavi Solutions during the second quarter worth $38,000. Finally, Carolina Wealth Advisors LLC raised its position in Viavi Solutions by 83.2% during the second quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider's stock worth $41,000 after acquiring an additional 387 shares in the last quarter. Institutional investors own 95.54% of the company's stock.

Viavi Solutions Price Performance

Viavi Solutions stock opened at $38.90 on Friday. The firm has a market capitalization of $9.60 billion, a P/E ratio of -259.32 and a beta of 1.21. Viavi Solutions has a 1 year low of $10.78 and a 1 year high of $60.43. The business has a 50-day moving average of $42.39 and a 200-day moving average of $40.39. The company has a current ratio of 1.85, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. The company had revenue of $443.10 million during the quarter, compared to analysts' expectations of $432.62 million. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%.Viavi Solutions's revenue was up 52.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. On average, equities analysts anticipate that Viavi Solutions will post 1.32 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source