Should I buy or sell Viavi Solutions stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last twelve months. There are currently 3 hold ratings and 1 buy rating 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 target for 2024?

4 equities research analysts have issued 12 month price objectives for Viavi Solutions' stock. Their VIAV share price targets range from $9.00 to $13.00. On average, they predict the company's share price to reach $11.14 in the next year. This suggests a possible upside of 33.9% 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 start of the year. Since then, VIAV shares have decreased by 20.8% and is now trading at $8.32. 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, February 1st 2024. View our VIAV earnings forecast .

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc. (NASDAQ:VIAV) posted its quarterly earnings results on Thursday, November, 2nd. The communications equipment provider reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The communications equipment provider earned $247.90 million during the quarter, compared to analyst estimates of $250.63 million. Viavi Solutions had a net margin of 0.26% and a trailing twelve-month return on equity of 6.57%.

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) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK) . SPDR S&P 600 Small Cap ETF (SLY) .

What guidance has Viavi Solutions issued on next quarter's earnings?

Viavi Solutions issued an update on its second quarter earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $0.06-0.10 for the period, compared to the consensus estimate of $0.14. The company issued revenue guidance of $240-260 million, compared to the consensus revenue estimate of $268.73 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) .

Who are Viavi Solutions' major shareholders?

Viavi Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (7.16%), Schroder Investment Management Group (2.07%), Clearbridge Investments LLC (1.58%), Adage Capital Partners GP L.L.C. (1.41%), Jacobs Levy Equity Management Inc. (1.29%) and Ameriprise Financial Inc. (1.23%). Insiders that own company stock include Gary W Staley, Gary W Staley , 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 .

Viavi Solutions Stock Price, News & Analysis (NASDAQ:VIAV)

$8.32

-0.24 (-2.80%)

(As of 12/5/2023 ET)

Compare

Today's Range: $8.24
▼
$8.51
50-Day Range: $7.44
▼
$9.18
52-Week Range: $7.26
▼
$12.19

Volume: 1.09 million shs
Average Volume: 1.87 million shs
Market Capitalization: $1.85 billion

P/E Ratio: 832.83
Dividend Yield: N/A
Price Target: $11.14

Viavi Solutions MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 33.9% Upside
$11.14 Price Target
Short Interest: Healthy
2.87% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.44
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$139,796 Sold Last Quarter
Proj. Earnings Growth: 84.62%
From $0.26 to $0.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Computer And Technology Sector

154th out of 592 stocks

Semiconductors & Related Devices Industry

27th out of 79 stocks

3.1

Analyst's Opinion

Consensus Rating
Viavi Solutions has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.14, Viavi Solutions has a forecasted upside of 33.9% from its current price of $8.32.
Amount of Analyst Coverage
Viavi Solutions has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.87% of the float of Viavi Solutions has been sold short.
Short Interest Ratio / Days to Cover
Viavi Solutions has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Viavi Solutions has recently increased by 5.71%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Viavi Solutions does not currently pay a dividend.
Dividend Growth
Viavi Solutions does not have a long track record of dividend growth.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Viavi 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 Sustainability
The Environmental Impact score for Viavi Solutions is -1.44.

1.2

News and Social Media Coverage

News Sentiment
Viavi Solutions has a news sentiment score of 0.22. 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 lower news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Viavi Solutions this week, compared to 6 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Viavi Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $139,796.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Viavi Solutions is held by insiders.
Percentage Held by Institutions
94.65% of the stock of Viavi Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Viavi Solutions are expected to grow by 84.62% in the coming year, from $0.26 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Viavi Solutions is 832.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 117.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Viavi Solutions is 832.83, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.59.
Price to Book Value per Share Ratio
Viavi Solutions has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Viavi Solutions Stock (NASDAQ:VIAV)

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for communications service providers, hyperscalers, network equipment manufacturers, original equipment manufacturers, government, and avionics customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. Its solutions include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and test and measurement instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, consumer and industrial, government, automotive, and industrial markets. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.

VIAV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VIAV Stock News Headlines

December 4, 2023 | americanbankingnews.com

Viavi Solutions Inc. (NASDAQ:VIAV) Receives $11.14 Consensus Price Target from Analysts

November 15, 2023 | finance.yahoo.com

VIAVI CTO Sameh Yamany Testifies at House Communications and Technology Subcommittee Hearing on "Leveraging AI to Enhance American Communications"

December 6, 2023 | Edge On The Street (Ad)

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November 15, 2023 | finance.yahoo.com

VIAVI Accelerates O-RAN Interoperability Testing with Industry's First Real-Time Analyzer

November 14, 2023 | finance.yahoo.com

Viavi Solutions Inc.: Slower carrier spending spurs caution

November 6, 2023 | finance.yahoo.com

Windstream Wholesale and VIAVI Change the Network Intelligence Game with Unmatched Visibility and Speed

November 3, 2023 | finance.yahoo.com

Viavi Solutions Inc. (NASDAQ:VIAV) Q1 2024 Earnings Call Transcript

November 3, 2023 | finanznachrichten.de

VIAVI Financials: Viavi Announces First Quarter Fiscal 2024 Results

December 6, 2023 | Edge On The Street (Ad)

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November 3, 2023 | finanznachrichten.de

VIAVI Solutions, Inc. Announces First Quarter Fiscal 2024 Results

November 3, 2023 | finance.yahoo.com

Viavi Solutions Inc (VIAV) Reports 20.1% Year-Over-Year Decline in Q1 FY 2024 Net Revenue

November 2, 2023 | finance.yahoo.com

VIAVI ANNOUNCES FIRST QUARTER FISCAL 2024 RESULTS

November 2, 2023 | finance.yahoo.com

Shareholders May Be Wary Of Increasing Viavi Solutions Inc.'s (NASDAQ:VIAV) CEO Compensation Package

November 1, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Viavi Solutions's earnings report

October 18, 2023 | msn.com

Viavi appoints Ilan Daskal as CFO

October 18, 2023 | marketwatch.com

Viavi Solutions Names Ilan Daskal CFO

October 18, 2023 | finance.yahoo.com

VIAVI Appoints Ilan Daskal as Executive Vice President and Chief Financial Officer

October 17, 2023 | finance.yahoo.com

VIAVI Announces Date for Fiscal First Quarter 2024 Financial Results

October 12, 2023 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Viavi Solutions (NASDAQ:VIAV)

October 9, 2023 | msn.com

Viavi's Positioning In 5G: Promising, But Stock Is Expensive

October 4, 2023 | finance.yahoo.com

VIAVI Launches NITRO® Wireless, Delivering Cloud Intelligence and Automation to Accelerate 5G and 6G

September 30, 2023 | finance.yahoo.com

Viavi Solutions Inc. (UNS1.F)

September 21, 2023 | finance.yahoo.com

VIAVI Expands Network Security Portfolio with Observer Sentry Threat Exposure Management for AWS Services

September 18, 2023 | finance.yahoo.com

VIAVI And Partners Awarded Funding for Three Projects In DSIT ONE Competition

September 14, 2023 | markets.businessinsider.com

VIAVI Partners With Google Cloud To Introduce NITRO AIOps

September 14, 2023 | finance.yahoo.com

VIAVI Partners with Google Cloud to Provide Cloud-Based Network Intelligence and Optimization

August 30, 2023 | msn.com

Viavi Solutions CFO Derksen resigns

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/05/2023
Next Earnings (Estimated): 2/01/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:VIAV
Previous Symbol: NASDAQ:VIAVV
CUSIP: N/A
CIK: 912093
Web: www.viavisolutions.com
Phone: (408) 404-3600
Fax: 408-404-4500
Employees: 3,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.14
High Stock Price Target: $13.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +33.9%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.01
Trailing P/E Ratio: 832.83
Forward P/E Ratio: 32.00
P/E Growth: N/A
Net Income: $25.50 million
Net Margins: 0.26%
Pretax Margin: 3.29%
Return on Equity: 6.57%
Return on Assets: 2.41%

Debt

Debt-to-Equity Ratio: 0.93
Current Ratio: 2.95
Quick Ratio: 2.58

Sales & Book Value

Annual Sales: $1.11 billion
Price / Sales: 1.67
Cash Flow: $0.66 per share
Price / Cash Flow: 12.61
Book Value: $3.12 per share
Price / Book: 2.67

Miscellaneous

Outstanding Shares: 222,400,000
Free Float: 218,392,000
Market Cap: $1.85 billion
Optionable: Optionable
Beta: 0.92

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Key Executives

Mr. Oleg Khaykin (Age 58)
President, CEO & Director
Comp: $900.19k
Mr. Paul McNab (Age 60)
Executive VP and Chief Marketing & Strategy Officer
Comp: $447.12k
Mr. Luke M. Scrivanich (Age 61)
Senior VP and GM of Optical Security & Performance Products
Comp: $422.44k
Mr. Gary W. Staley (Age 56)
Senior Vice President of Global Sales, Network and Service Enablement
Comp: $471.13k
Mr. Ilan Daskal (Age 57)
Executive VP & CFO
Sagar Hebbar
Head of Investor Relations
Mr. Kevin Christopher Siebert (Age 54)
Senior VP, General Counsel & Secretary
Ms. Petra Nagel
Senior Vice President of Human Resources
Mr. Ralph Rondinone (Age 61)
Senior Vice President of Global Operations & Services, Network & Service Enablement
Comp: $421.3k
Ms. Pamela Avent (Age 60)
Global Controller
Comp: $578.15k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VIAV Stock Analysis - Frequently Asked Questions

Should I buy or sell Viavi Solutions stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last twelve months. There are currently 3 hold ratings and 1 buy rating 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 target for 2024?: 4 equities research analysts have issued 12 month price objectives for Viavi Solutions' stock. Their VIAV share price targets range from $9.00 to $13.00. On average, they predict the company's share price to reach $11.14 in the next year. This suggests a possible upside of 33.9% 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 start of the year. Since then, VIAV shares have decreased by 20.8% and is now trading at $8.32.
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, February 1st 2024.
View our VIAV earnings forecast.
How were Viavi Solutions' earnings last quarter?: Viavi Solutions Inc. (NASDAQ:VIAV) posted its quarterly earnings results on Thursday, November, 2nd. The communications equipment provider reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The communications equipment provider earned $247.90 million during the quarter, compared to analyst estimates of $250.63 million. Viavi Solutions had a net margin of 0.26% and a trailing twelve-month return on equity of 6.57%.
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) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK).SPDR S&P 600 Small Cap ETF (SLY).

What guidance has Viavi Solutions issued on next quarter's earnings?: Viavi Solutions issued an update on its second quarter earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $0.06-0.10 for the period, compared to the consensus estimate of $0.14. The company issued revenue guidance of $240-260 million, compared to the consensus revenue estimate of $268.73 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).
Who are Viavi Solutions' major shareholders?: Viavi Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (7.16%), Schroder Investment Management Group (2.07%), Clearbridge Investments LLC (1.58%), Adage Capital Partners GP L.L.C. (1.41%), Jacobs Levy Equity Management Inc. (1.29%) and Ameriprise Financial Inc. (1.23%). Insiders that own company stock include Gary W Staley, Gary W Staley, 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.

This page (NASDAQ:VIAV) was last updated on 12/6/2023 by MarketBeat.com Staff

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