Viavi Solutions (NASDAQ:VIAV) Earns Buy Rating from Stifel Nicolaus

Key Points

• Stifel Nicolaus has restated its "buy" rating for Viavi Solutions, raising its price target from $13.00 to $15.00, indicating an upside potential of 18.16% from the current stock price.
• Viavi Solutions reported better-than-expected earnings for the last quarter, with earnings per share (EPS) of $0.13, surpassing analysts' estimates and showing a 15.3% increase in revenue compared to the previous year.
• Currently, the stock has a consensus rating of "Moderate Buy" with a consensus target price of $13.72, reflecting the sentiment of six analysts rating it as a buy.

Viavi Solutions (NASDAQ:VIAV - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Stifel Nicolaus in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $15.00 price objective on the communications equipment provider's stock, up from their previous price objective of $13.00. Stifel Nicolaus' price objective would indicate a potential upside of 18.16% from the company's current price.

A number of other research firms have also issued reports on VIAV. Rosenblatt Securities restated a "buy" rating and set a $13.50 price target on shares of Viavi Solutions in a report on Friday, June 20th. UBS Group upped their price objective on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. B. Riley upped their price objective on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Viavi Solutions in a research note on Wednesday, October 8th. Finally, Morgan Stanley upgraded shares of Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 price objective on the stock in a research note on Tuesday, September 2nd. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.72.

Viavi Solutions Trading Up 3.5%

Shares of VIAV stock traded up $0.43 during trading hours on Monday, reaching $12.70. 515,889 shares of the stock traded hands, compared to its average volume of 2,375,185. Viavi Solutions has a 1-year low of $8.10 and a 1-year high of $12.99. The business has a fifty day moving average price of $11.63 and a 200 day moving average price of $10.47. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $2.83 billion, a PE ratio of 79.29 and a beta of 0.90.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. The business had revenue of $290.50 million for the quarter, compared to analyst estimates of $285.19 million. During the same quarter in the previous year, the business earned $0.08 earnings per share. The firm's revenue was up 15.3% compared to the same quarter last year. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. On average, equities research analysts forecast that Viavi Solutions will post 0.26 EPS for the current year.

Insiders Place Their Bets

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 9,927 shares of the business's stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $12.17, for a total value of $120,811.59. Following the completion of the sale, the senior vice president directly owned 84,598 shares of the company's stock, valued at $1,029,557.66. The trade was a 10.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard Belluzzo sold 8,387 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $12.63, for a total transaction of $105,927.81. Following the completion of the sale, the director directly owned 217,154 shares of the company's stock, valued at $2,742,655.02. This represents a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 73,789 shares of company stock valued at $857,189 over the last ninety days. Corporate insiders own 1.52% of the company's stock.

Institutional Trading of Viavi Solutions

Large investors have recently modified their holdings of the company. KBC Group NV boosted its holdings in shares of Viavi Solutions by 38.1% during the 1st quarter. KBC Group NV now owns 12,967 shares of the communications equipment provider's stock worth $145,000 after buying an additional 3,579 shares during the period. Wakefield Asset Management LLLP bought a new stake in Viavi Solutions in the 1st quarter valued at $1,098,000. Principal Financial Group Inc. boosted its holdings in Viavi Solutions by 2.8% in the 1st quarter. Principal Financial Group Inc. now owns 1,106,034 shares of the communications equipment provider's stock valued at $12,377,000 after purchasing an additional 30,359 shares during the period. GAMMA Investing LLC boosted its holdings in Viavi Solutions by 1,429.1% in the 1st quarter. GAMMA Investing LLC now owns 39,008 shares of the communications equipment provider's stock valued at $436,000 after purchasing an additional 36,457 shares during the period. Finally, Graham Capital Management L.P. bought a new stake in Viavi Solutions in the 1st quarter valued at $1,447,000. 95.54% of the stock is owned by institutional investors.

Viavi Solutions Company Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.

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