Viavi Solutions' (VIAV) Buy Rating Reiterated at Rosenblatt Securities

Key Points

• Rosenblatt Securities reiterated its Buy rating on Viavi Solutions and set a $70 price target, implying nearly 80% upside from the reported $38.90 share price. The broader analyst consensus is “Moderate Buy,” with an average target of $45.88.
• Viavi exceeded quarterly expectations, reporting adjusted EPS of $0.34 versus $0.30 expected and revenue of $443.1 million versus $432.6 million. Revenue grew 52.5% year over year, while management guided to fiscal Q1 2027 EPS of $0.40–$0.42.
• Insider selling is a potential concern: CEO Oleg Khaykin sold 136,547 shares worth approximately $7.1 million, and insiders reportedly made 26 sales without purchases over the past six months.

Viavi Solutions (NASDAQ:VIAV - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Rosenblatt Securities in a research note issued on Thursday,Benzinga reports. They currently have a $70.00 price objective on the communications equipment provider's stock. Rosenblatt Securities' price objective would indicate a potential upside of 79.95% from the company's current price.

Other analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Viavi Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, July 16th. B. Riley Financial raised their price objective on Viavi Solutions from $26.00 to $53.00 and gave the company a "buy" rating in a research note on Friday, April 24th. Needham & Company LLC decreased their price target on Viavi Solutions from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday. UBS Group boosted their price objective on Viavi Solutions from $25.00 to $60.00 and gave the company a "neutral" rating in a research report on Thursday, April 30th. Finally, Susquehanna increased their price objective on Viavi Solutions from $65.00 to $66.00 and gave the company a "positive" rating in a research note on Wednesday, July 1st. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $45.88.

Viavi Solutions Trading Down 3.5%

NASDAQ:VIAV opened at $38.90 on Thursday. The firm has a market cap of $9.10 billion, a P/E ratio of -162.08 and a beta of 1.21. Viavi Solutions has a 52 week low of $9.92 and a 52 week high of $60.43. The firm's fifty day moving average is $44.54 and its 200-day moving average is $38.81. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61.

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. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The business had revenue of $443.10 million during the quarter, compared to analyst estimates of $432.62 million. During the same quarter in the previous year, the business posted $0.13 EPS. Viavi Solutions's quarterly revenue was up 52.5% on a year-over-year basis. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Equities analysts expect that Viavi Solutions will post 0.73 earnings per share for the current year.

Insider Activity at Viavi Solutions

In other news, CEO Oleg Khaykin sold 136,547 shares of the firm's stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $51.82, for a total value of $7,075,865.54. Following the completion of the sale, the chief executive officer directly owned 1,188,798 shares of the company's stock, valued at approximately $61,603,512.36. This trade represents a 10.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.80% of the company's stock.

Hedge Funds Weigh In On Viavi Solutions

Institutional investors have recently bought and sold shares of the stock. WPG Advisers LLC lifted its position in shares of Viavi Solutions by 96.2% in 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 in the last quarter. Carolina Wealth Advisors LLC increased its stake in Viavi Solutions by 83.2% in the 2nd 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 during the last quarter. Corient Private Wealth LLC increased its stake in Viavi Solutions by 3.6% in the 4th quarter. Corient Private Wealth LLC now owns 11,400 shares of the communications equipment provider's stock worth $204,000 after acquiring an additional 394 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of Viavi Solutions by 2.0% during the 4th quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider's stock worth $438,000 after acquiring an additional 473 shares in the last quarter. Finally, Maryland State Retirement & Pension System boosted its position in shares of Viavi Solutions by 1.5% during the 4th quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider's stock valued at $580,000 after acquiring an additional 478 shares during the last quarter. 95.54% of the stock is owned by institutional investors.

Key Headlines Impacting Viavi Solutions

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Fiscal Q4 beat expectations: Viavi reported adjusted EPS of $0.34, above the $0.30 consensus estimate, while revenue reached $443.1 million versus expectations of approximately $432.6 million. Revenue increased 52.5% year over year, and adjusted EPS rose sharply from $0.13 a year earlier. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Profitability and liquidity improved: Gross profit rose 60.1% to $261.7 million, operating profit increased 300.7% to $61.3 million, and net income attributable to common shareholders climbed to $32.7 million. Cash and equivalents totaled $647.8 million at quarter-end. Viavi Solutions Releases Q4 2026 Earnings
• Positive Sentiment: Strong outlook: Management forecast fiscal Q1 2027 adjusted EPS of $0.40-$0.42 and revenue of $450 million-$460 million, well above consensus estimates of $0.27 EPS and $433.2 million in revenue. The company is also targeting a $500 million quarterly revenue milestone during calendar 2027. Viavi Anticipates Q1 FY2027 EPS and Revenue Outlook
• Neutral Sentiment: Analyst price targets remain generally bullish, with recent targets ranging from $53 to $70 and a reported median of $66, although targets may already reflect much of the expected growth.
• Negative Sentiment: Insider activity could weigh on sentiment: company insiders reportedly made 26 sales and no purchases during the past six months, including significant selling by CEO Oleg Khaykin.

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.

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