Viavi Solutions (NASDAQ:VIAV) Rating Increased to Equal Weight at Morgan Stanley

Key Points

• Viavi Solutions has been upgraded from an "underweight" to an "equal weight" rating by Morgan Stanley, with a price target set at $11.00, indicating a potential downside of 3.98% from its current price.
• Other research firms, including Susquehanna and B. Riley, have also raised their ratings on Viavi Solutions, with price targets reaching up to $15.00 and an average rating of "Moderate Buy."
• Viavi Solutions reported earnings of $0.13 per share for the quarter, exceeding estimates, and its revenue grew by 15.3% compared to the previous year, with a forecast of $0.26 EPS for the current fiscal year.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) was upgraded by stock analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm currently has a $11.00 price target on the communications equipment provider's stock. Morgan Stanley's price target would suggest a potential downside of 6.22% from the stock's current price.

A number of other research firms also recently weighed in on VIAV. Susquehanna raised Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 price target on the stock in a research note on Friday, August 8th. Wall Street Zen raised Viavi Solutions from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, May 13th. B. Riley increased their target price on Viavi Solutions from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. UBS Group lifted their price target on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Finally, Rosenblatt Securities restated a "buy" rating and set a $13.50 price target on shares of Viavi Solutions in a research note on Friday, June 20th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $13.50.

Viavi Solutions Trading Up 2.0%

Shares of NASDAQ:VIAV traded up $0.23 during trading on Tuesday, reaching $11.73. The stock had a trading volume of 5,130,082 shares, compared to its average volume of 4,038,151. Viavi Solutions has a 52 week low of $7.80 and a 52 week high of $12.91. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 1.50. The firm's fifty day moving average is $10.53 and its 200 day moving average is $10.29. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 73.32 and a beta of 0.91.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Viavi Solutions's revenue for the quarter was up 15.3% on a year-over-year basis. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. As a group, equities analysts forecast that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling at Viavi Solutions

In other news, SVP Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $11.18, for a total value of $146,625.70. Following the completion of the transaction, the senior vice president owned 71,159 shares in the company, valued at $795,557.62. This trade represents a 15.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard Belluzzo sold 8,385 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $11.34, for a total transaction of $95,085.90. Following the sale, the director owned 225,541 shares in the company, valued at $2,557,634.94. The trade was a 3.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,873 shares of company stock valued at $605,095. Company insiders own 1.52% of the company's stock.

Institutional Investors Weigh In On Viavi Solutions

Several institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in shares of Viavi Solutions during the 4th quarter valued at $718,000. Stifel Financial Corp lifted its holdings in shares of Viavi Solutions by 4.1% in the fourth quarter. Stifel Financial Corp now owns 99,368 shares of the communications equipment provider's stock worth $1,004,000 after buying an additional 3,902 shares in the last quarter. Northern Trust Corp boosted its position in shares of Viavi Solutions by 13.6% in the fourth quarter. Northern Trust Corp now owns 2,517,015 shares of the communications equipment provider's stock valued at $25,422,000 after acquiring an additional 301,482 shares during the period. Ameriprise Financial Inc. grew its stake in Viavi Solutions by 4.1% during the fourth quarter. Ameriprise Financial Inc. now owns 2,337,490 shares of the communications equipment provider's stock valued at $23,609,000 after acquiring an additional 92,382 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new stake in Viavi Solutions during the 4th quarter worth approximately $135,000. Hedge funds and other institutional investors own 95.54% of the company's stock.

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.