NASDAQ:VIAV Viavi Solutions (VIAV) Stock Forecast, Price & News $9.76 +0.11 (+1.14%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$9.51▼$9.8550-Day Range$8.67▼$10.8352-Week Range$8.52▼$16.00Volume2.07 million shsAverage Volume1.82 million shsMarket Capitalization$2.17 billionP/E Ratio54.22Dividend YieldN/APrice Target$13.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Viavi Solutions MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside38.3% Upside$13.50 Price TargetShort InterestHealthy2.54% of Float Sold ShortDividend StrengthN/ASustainability-1.44Upright™ Environmental ScoreNews Sentiment1.25Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth25.71%From $0.35 to $0.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.69 out of 5 starsComputer And Technology Sector66th out of 607 stocksSemiconductors & Related Devices Industry12th out of 85 stocks 3.2 Analyst's Opinion Consensus RatingViavi Solutions has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, Viavi Solutions has a forecasted upside of 38.3% from its current price of $9.76.Amount of Analyst CoverageViavi Solutions has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.54% of the float of Viavi Solutions has been sold short.Short Interest Ratio / Days to CoverViavi Solutions has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Viavi Solutions has recently increased by 16.01%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldViavi Solutions does not currently pay a dividend.Dividend GrowthViavi Solutions does not have a long track record of dividend growth. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreViavi Solutions has received a 41.22% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Telecommunication network testing software", "Predictive analytics software", and "Fibre optic test equipment" products. See details.Environmental SustainabilityThe Environmental Impact score for Viavi Solutions is -1.44. Previous Next 2.9 News and Social Media Coverage News SentimentViavi Solutions has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Viavi Solutions this week, compared to 7 articles on an average week.Search InterestOnly 3 people have searched for VIAV on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows6 people have added Viavi Solutions to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Viavi Solutions insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.57% of the stock of Viavi Solutions is held by insiders.Percentage Held by Institutions90.87% of the stock of Viavi Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Viavi Solutions are expected to grow by 25.71% in the coming year, from $0.35 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Viavi Solutions is 54.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Viavi Solutions is 54.22, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 354.19.Price to Book Value per Share RatioViavi Solutions has a P/B Ratio of 3.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Viavi Solutions (NASDAQ:VIAV) StockViavi 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. The Network Enablement segment offers an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in Chandler, AZ.Read More Receive VIAV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Viavi Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address VIAV Stock News HeadlinesJune 3, 2023 | americanbankingnews.comContrasting Viavi Solutions (NASDAQ:VIAV) and Chavant Capital Acquisition (NASDAQ:CLAY)June 2, 2023 | americanbankingnews.comViavi Solutions (NASDAQ:VIAV) Rating Increased to Buy at StockNews.comJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 20, 2023 | americanbankingnews.comViavi Solutions Inc. (NASDAQ:VIAV) Receives $13.50 Consensus Price Target from AnalystsMay 19, 2023 | fool.comViavi Solutions (NASDAQ: VIAV)May 19, 2023 | americanbankingnews.comViavi Solutions (NASDAQ:VIAV) Earns Hold Rating from Analysts at StockNews.comMay 15, 2023 | marketwatch.com2030, GNSS Simulator Market Growth | Future Prospects and Competitive AnalysisMay 15, 2023 | finance.yahoo.comVIAVI Introduces T/Rx Electromagnetic Spectrum SolutionJune 7, 2023 | UNKNOWN (Ad)Lithium Has Boomed And This American Stock Is Ready..Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!May 11, 2023 | marketwatch.comInfrared Filters Market New Insight Report | 2023-2030May 11, 2023 | marketwatch.comLatest "Deep Packet Inspection (DPI) Market" Sales and Developments Forecast [2023-2031]May 10, 2023 | finance.yahoo.comVIAVI Unveils the Rugged, Handheld CX100 ComXpert for Field Testing Tactical and Land Mobile Radios and NetworksMay 10, 2023 | marketwatch.comInsights into the 3D Imaging in Smartphone Market and Its Future Growth Prospects 2023-2030May 9, 2023 | tmcnet.comWireless Testing Global Market Report 2023: Development and Deployment of 5G Networks Drives GrowthMay 9, 2023 | marketwatch.comFiber Optic Security Systems Market is Booming Worldwide to Show Significant Growth over the Forecast 2023May 9, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Viavi Solutions Inc.'s FY2024 Earnings (NASDAQ:VIAV)May 9, 2023 | americanbankingnews.comFY2023 EPS Estimates for Viavi Solutions Inc. Increased by Analyst (NASDAQ:VIAV)May 7, 2023 | marketwatch.comStrain and Temperature Sensing (DTSS) Systems Market Outlook 2023 and Forecast to 2030 | Luna, VIAVI Solutions, Silixa, HAWKMay 7, 2023 | americanbankingnews.comViavi Solutions Inc. (NASDAQ:VIAV) Expected to Earn Q1 2024 Earnings of $0.10 Per ShareMay 6, 2023 | americanbankingnews.comViavi Solutions (NASDAQ:VIAV) Rating Lowered to Hold at StockNews.comMay 5, 2023 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Viavi Solutions (NASDAQ:VIAV)May 5, 2023 | marketwatch.com5G Signal Analysers Market Overview 2023 to 2030, Future Trends and Forecast | Anritsu, Keysight Technologies, Rohde & Schwarz, VIAVI SolutionsMay 5, 2023 | americanbankingnews.comSusquehanna Lowers Viavi Solutions (NASDAQ:VIAV) Price Target to $12.00May 5, 2023 | americanbankingnews.comViavi Solutions (NASDAQ:VIAV) Sets New 1-Year Low Following Analyst DowngradeMay 4, 2023 | marketwatch.com3D Imaging in 5G Smartphone Market Demand and Competitive Analysis by Key Players to 2030| Viavi Solutions Inc, RPC Photonic Inc, CDAMay 4, 2023 | benzinga.comNetwork Slicing Market size to grow by USD 821.83 million from 2022 to 2027, North America to account for 36% of the market growth- TechnavioMay 3, 2023 | msn.comRosenblatt Reiterates Viavi Solutions (VIAV) Buy RecommendationSee More Headlines VIAV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VIAV Company Calendar Last Earnings5/02/2023Today6/06/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/10/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:VIAV Previous SymbolNASDAQ:VIAVV CUSIPN/A CIK912093 Webwww.viavisolutions.com Phone(408) 404-3600Fax408-404-4500Employees3,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+38.3%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio54.22 Forward P/E Ratio27.89 P/E GrowthN/ANet Income$15.50 million Net Margins3.57% Pretax Margin8.07% Return on Equity15.92% Return on Assets5.80% Debt Debt-to-Equity Ratio0.92 Current Ratio2.43 Quick Ratio2.13 Sales & Book Value Annual Sales$1.29 billion Price / Sales1.68 Cash Flow$1.08 per share Price / Cash Flow9.06 Book Value$2.95 per share Price / Book3.31Miscellaneous Outstanding Shares222,450,000Free Float218,957,000Market Cap$2.17 billion OptionableOptionable Beta0.81 Key ExecutivesOleg KhaykinPresident, Chief Executive Officer & DirectorRalph RondinoneSenior Vice President-Global Operations & ServicesHendrikus Petrus Cornelis DerksenChief Financial Officer & Executive Vice PresidentPaul McNabExecutive VP, Chief Marketing & Strategy OfficerKevin Christopher SiebertSecretary, Senior Vice President & General CounselKey CompetitorsSiTimeNASDAQ:SITMMaxLinearNYSE:MXLSilicon Motion TechnologyNASDAQ:SIMOFormFactorNASDAQ:FORMOSI SystemsNASDAQ:OSISView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 10,881 shares on 5/26/2023Ownership: 0.015%Legato Capital Management LLCBought 128,762 shares on 5/25/2023Ownership: 0.058%Ameriprise Financial Inc.Sold 1,223,258 shares on 5/22/2023Ownership: 1.192%New York State Common Retirement FundSold 95,787 shares on 5/18/2023Ownership: 0.087%Susquehanna International Group LLPBought 20,300 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions VIAV Stock - Frequently Asked Questions Should I buy or sell Viavi Solutions stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VIAV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VIAV, but not buy additional shares or sell existing shares. View VIAV analyst ratings or view top-rated stocks. What is Viavi Solutions' stock price forecast for 2023? 8 brokerages have issued 12-month target prices for Viavi Solutions' shares. Their VIAV share price forecasts range from $11.00 to $18.00. On average, they anticipate the company's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 38.3% from the stock's current price. View analysts price targets for VIAV or view top-rated stocks among Wall Street analysts. How have VIAV shares performed in 2023? Viavi Solutions' stock was trading at $10.51 at the beginning of 2023. Since then, VIAV stock has decreased by 7.1% and is now trading at $9.76. View the best growth stocks for 2023 here. When is Viavi Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our VIAV earnings forecast. How were Viavi Solutions' earnings last quarter? Viavi Solutions Inc. (NASDAQ:VIAV) released its earnings results on Tuesday, May, 2nd. The communications equipment provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by $0.02. The communications equipment provider had revenue of $247.80 million for the quarter, compared to the consensus estimate of $247.07 million. Viavi Solutions had a trailing twelve-month return on equity of 15.92% and a net margin of 3.57%. What ETFs hold Viavi Solutions' stock? ETFs with the largest weight of Viavi Solutions (NASDAQ:VIAV) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), SPDR S&P Telecom ETF (XTL), Invesco S&P SmallCap Information Technology ETF (PSCT), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), Invesco Nasdaq Future Gen 200 ETF (QQQS), Defiance Next Gen Connectivity ETF (FIVG), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and SPDR S&P SmallCap 600 ESG ETF (ESIX). What guidance has Viavi Solutions issued on next quarter's earnings? Viavi Solutions issued an update on its fourth quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.07-$0.09 for the period, compared to the consensus EPS estimate of $0.11. The company issued revenue guidance of $242.00 million-$262.00 million, compared to the consensus revenue estimate of $262.35 million. What is Oleg Khaykin's approval rating as Viavi Solutions' CEO? 100 employees have rated Viavi Solutions Chief Executive Officer Oleg Khaykin on Glassdoor.com. Oleg Khaykin has an approval rating of 87% among the company's employees. What other stocks do shareholders of Viavi Solutions own? Based on aggregate information from My MarketBeat watchlists, some companies that other Viavi Solutions investors own include NVIDIA (NVDA), Intel (INTC), Energy Transfer (ET), QUALCOMM (QCOM), Lam Research (LRCX), AT&T (T), Cisco Systems (CSCO), Lumentum (LITE), Visa (V) and Verizon Communications (VZ). What is Viavi Solutions' stock symbol? Viavi Solutions trades on the NASDAQ under the ticker symbol "VIAV." Who are Viavi Solutions' major shareholders? Viavi Solutions' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.10%), Wellington Management Group LLP (6.93%), State Street Corp (3.83%), Dimensional Fund Advisors LP (1.99%), Geode Capital Management LLC (1.97%) and Clearbridge Investments LLC (1.58%). Insiders that own company stock include Gary W Staley, Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Luke M Scrivanich, Luke M Scrivanich, Oleg Khaykin, Paul Mcnab, Ralph Rondinone, Richard Belluzzo and Timothy Campos. View institutional ownership trends. How do I buy shares of Viavi Solutions? Shares of VIAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Viavi Solutions' stock price today? One share of VIAV stock can currently be purchased for approximately $9.76. How much money does Viavi Solutions make? Viavi Solutions (NASDAQ:VIAV) has a market capitalization of $2.17 billion and generates $1.29 billion in revenue each year. The communications equipment provider earns $15.50 million in net income (profit) each year or $0.18 on an earnings per share basis. How many employees does Viavi Solutions have? The company employs 3,600 workers across the globe. How can I contact Viavi Solutions? Viavi Solutions' mailing address is 6001 AMERICA CENTER DRIVE 6TH FLOOR, SAN JOSE CA, 95002. The official website for the company is www.viavisolutions.com. The communications equipment provider can be reached via phone at (408) 404-3600, via email at investor.relations@viavisolutions.com, or via fax at 408-404-4500. This page (NASDAQ:VIAV) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Viavi Solutions Inc. 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