Viavi Solutions (NASDAQ:VIAV) Updates Q1 2026 Earnings Guidance

Key Points

• Viavi Solutions has increased its Q1 2026 earnings guidance to an expected EPS of $0.130-0.14, exceeding the consensus estimate of $0.110, along with revenue guidance of $290-$298 million compared to the consensus of $275.6 million.
• Brokerage analysts have mixed ratings for Viavi Solutions, with seven positive ratings (including one strong buy) and one sell rating, while the consensus price target stands at $12.69.
• The stock is currently trading around $10.16, with institutional investors owning approximately 95.54% of the company, indicating strong market confidence.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.130-0.14 for the period, compared to the consensus estimate of 0.110. The company issued revenue guidance of $290.0 million-$298.0 million, compared to the consensus revenue estimate of $275.6 million.

Analysts Set New Price Targets

A number of brokerages recently commented on VIAV. Needham & Company LLC reissued a "buy" rating and issued a $15.00 price objective on shares of Viavi Solutions in a research note on Friday, May 2nd. B. Riley reduced their price target on Viavi Solutions from $12.00 to $11.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Wall Street Zen upgraded Viavi Solutions from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, May 13th. Rosenblatt Securities reissued a "buy" rating and set a $13.50 price target on shares of Viavi Solutions in a research report on Friday, June 20th. Finally, UBS Group cut their price objective on shares of Viavi Solutions from $11.50 to $11.00 and set a "neutral" rating on the stock in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $12.69.

Viavi Solutions Stock Performance

Viavi Solutions stock traded up $0.12 during mid-day trading on Thursday, reaching $10.16. 2,844,867 shares of the company traded hands, compared to its average volume of 1,598,029. The firm's fifty day moving average is $9.88 and its two-hundred day moving average is $10.36. Viavi Solutions has a fifty-two week low of $7.05 and a fifty-two week high of $12.91. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.53 and a quick ratio of 1.32. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 52.84 and a beta of 0.87.

Insider Activity at Viavi Solutions

In related news, Director Richard Belluzzo sold 8,385 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $10.02, for a total transaction of $84,017.70. Following the completion of the transaction, the director owned 242,311 shares of the company's stock, valued at $2,427,956.22. This trade represents a 3.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. United Services Automobile Association acquired a new position in Viavi Solutions in the 1st quarter worth about $165,000. AQR Capital Management LLC grew its holdings in shares of Viavi Solutions by 110.5% during the first quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider's stock worth $377,000 after buying an additional 17,673 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Viavi Solutions by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider's stock valued at $1,467,000 after acquiring an additional 5,775 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Viavi Solutions by 11.5% during the 1st quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider's stock valued at $2,051,000 after acquiring an additional 18,910 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in Viavi Solutions by 205.4% in the first quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider's stock valued at $5,335,000 after acquiring an additional 320,662 shares during the last quarter. Institutional investors and hedge funds own 95.54% of the company's stock.

About Viavi Solutions

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.