Should I buy or sell Viavi Solutions stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VIAV shares. View VIAV analyst ratings or view top-rated stocks .

What is Viavi Solutions' stock price target for 2024?

6 equities research analysts have issued 12 month target prices for Viavi Solutions' shares. Their VIAV share price targets range from $11.00 to $17.00. On average, they anticipate the company's stock price to reach $13.17 in the next twelve months. This suggests a possible upside of 58.8% 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 2024?

Viavi Solutions' stock was trading at $10.07 at the beginning of 2024. Since then, VIAV shares have decreased by 17.7% and is now trading at $8.29. View the best growth stocks for 2024 here .

Are investors shorting Viavi Solutions?

Viavi Solutions saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,130,000 shares, a decrease of 20.3% from the March 15th total of 6,440,000 shares. Based on an average trading volume of 2,230,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.3% of the shares of the stock are sold short. View Viavi Solutions' Short Interest .

When is Viavi Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our VIAV earnings forecast .

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc. (NASDAQ:VIAV) issued its quarterly earnings results on Thursday, February, 1st. The communications equipment provider reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The communications equipment provider had revenue of $254.50 million for the quarter, compared to the consensus estimate of $249.77 million. Viavi Solutions had a trailing twelve-month return on equity of 5.38% and a net margin of 0.49%.

What ETFs hold Viavi Solutions' stock?

ETFs with the largest weight of Viavi Solutions (NASDAQ:VIAV) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) , SPDR S&P Telecom ETF (XTL) and Invesco S&P SmallCap Information Technology ETF (PSCT) . 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 third quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of 0.050-0.090 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $245.0 million-$253.0 million, compared to the consensus revenue estimate of $249.9 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 many different retail and institutional investors. Top institutional shareholders include Park Avenue Securities LLC (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:VIAV

Viavi Solutions (VIAV) Stock Price, News & Analysis

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$8.32

0.00 (0.00%)

(As of 05:12 PM ET)

Compare

Today's Range: $8.11
▼
$8.35
50-Day Range: $8.32
▼
$10.99
52-Week Range: $7.26
▼
$11.65

Volume: 2.00 million shs
Average Volume: 2.16 million shs
Market Capitalization: $1.85 billion

P/E Ratio: 416.00
Dividend Yield: N/A
Price Target: $13.17

Get Viavi Solutions alerts:

Viavi Solutions MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 58.8% Upside
$13.17 Price Target
Short Interest: Healthy
2.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.44
Upright™ Environmental Score
News Sentiment: 0.86
Based on 5 Articles This Week
Insider Trading: Selling Shares
$319,841 Sold Last Quarter
Proj. Earnings Growth: 77.27%
From $0.22 to $0.39 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Computer And Technology Sector

11th out of 589 stocks

Semiconductors & Related Devices Industry

3rd out of 88 stocks

4.3

Analyst's Opinion

Consensus Rating
Viavi Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Viavi Solutions has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.34% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Viavi Solutions has recently decreased by 20.34%, indicating that investor sentiment is improving 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.

3.3

News and Social Media Coverage

News Sentiment
Viavi Solutions has a news sentiment score of 0.86. 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 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Viavi Solutions this week, compared to 4 articles on an average week.
Search Interest
2 people have searched for VIAV on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

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 $319,841.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Viavi Solutions is held by insiders.
Percentage Held by Institutions
95.54% 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 77.27% in the coming year, from $0.22 to $0.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Viavi Solutions is 414.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 137.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Viavi Solutions is 414.50, 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 235.36.
Price to Book Value per Share Ratio
Viavi Solutions has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

April 15, 2024 | prnewswire.com

VIAVI Joins the OpenAirInterface Software Alliance as Strategic Member

April 13, 2024 | americanbankingnews.com

Viavi Solutions Inc. (NASDAQ:VIAV) Short Interest Update

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 12, 2024 | americanbankingnews.com

Viavi Solutions (NASDAQ:VIAV) Rating Increased to Buy at StockNews.com

April 9, 2024 | prnewswire.com

VIAVI Introduces Performance Testing for Post-Quantum Cryptography Deployments

April 4, 2024 | finance.yahoo.com

VIAVI Unveils Groundbreaking Advances in 6G and AI Research with Introduction of 6G City-Scale Digital Twin and AI-Native Air Interface

April 2, 2024 | lse.co.uk

Viavi claims rival bid for Spirent would limit customer choice

March 29, 2024 | businesswire.com

VIAVI Solutions Comments on Offer for Spirent Communications by Keysight Technologies

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 28, 2024 | finance.yahoo.com

VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum

March 27, 2024 | uk.finance.yahoo.com

UPDATE 2-Keysight to launch $1.45 bln rival offer for London-listed Spirent, Sky News reports

March 27, 2024 | msn.com

Keysight to launch an offer for London-listed Spirent, source says

March 27, 2024 | finance.yahoo.com

UPDATE 3-Keysight to launch an offer for London-listed Spirent, source says

March 20, 2024 | finance.yahoo.com

Investors Could Be Concerned With Viavi Solutions' (NASDAQ:VIAV) Returns On Capital

March 20, 2024 | stocknews.com

3 Tech Stocks Surging Past Expectations

March 16, 2024 | finance.yahoo.com

VIAV Apr 2024 9.000 call

March 16, 2024 | finance.yahoo.com

VIAV Apr 2024 11.000 call

March 15, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Viavi Solutions (VIAV), Enghouse Systems (OtherEGHSF) and Adobe (ADBE)

March 13, 2024 | finance.yahoo.com

Insider Sell: EVP, Chief Marketing & Strategy Officer Paul Mcnab Sells 15,004 Shares of ...

March 12, 2024 | prnewswire.com

VIAVI Launches Industry's First Single, Duplex and Multi-Fiber Probe Microscope with Complete Automated Workflow

March 7, 2024 | prnewswire.com

VIAVI Showcases Testing Solutions from Lab to Field for Demanding Artificial Intelligence Applications at OFC 2024

March 6, 2024 | markets.businessinsider.com

Needham Reaffirms Their Hold Rating on Viavi Solutions (VIAV)

March 6, 2024 | msn.com

Spirent agrees $1.27bn takeover bid from Viavi as profits plummet

March 6, 2024 | marketwatch.com

Spirent Communications Agrees to GBP1 Bln Takeover by Viavi Solutions

March 6, 2024 | marketwatch.com

Viavi Solutions Up 11% on News of Spirent Purchase, Silver Lake Investment

March 5, 2024 | msn.com

Spirent Communications agrees £1bn takeover by US-based Viavi Solutions

March 5, 2024 | reuters.com

US-based Viavi to buy UK's Spirent Communications for $1.28 bln

See More Headlines

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Company Calendar

Last Earnings: 2/01/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: N/A
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: $13.17
High Stock Price Target: $17.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +58.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.02
Trailing P/E Ratio: 414.50
Forward P/E Ratio: 37.68
P/E Growth: N/A
Net Income: $25.50 million
Net Margins: 0.49%
Pretax Margin: 3.32%
Return on Equity: 5.38%
Return on Assets: 2.01%

Debt

Debt-to-Equity Ratio: 0.87
Current Ratio: 3.09
Quick Ratio: 2.72

Sales & Book Value

Annual Sales: $1.11 billion
Price / Sales: 1.67
Cash Flow: $0.65 per share
Price / Cash Flow: 12.72
Book Value: $3.12 per share
Price / Book: 2.66

Miscellaneous

Outstanding Shares: 222,600,000
Free Float: 218,593,000
Market Cap: $1.85 billion
Optionable: Optionable
Beta: 0.95

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Key Executives

Mr. Oleg Khaykin (Age 59)
President, CEO & Director
Comp: $900.19k
Mr. Paul McNab (Age 61)
Executive VP and Chief Marketing & Strategy Officer
Comp: $447.12k
Mr. Luke M. Scrivanich (Age 62)
Senior VP and GM of Optical Security & Performance Products
Comp: $422.44k
Mr. Gary W. Staley (Age 57)
Senior Vice President of Global Sales, Network and Service Enablement
Comp: $471.13k
Mr. Ilan Daskal (Age 58)
Executive VP & CFO
Sagar Hebbar
Head of Investor Relations
Mr. Kevin Christopher Siebert (Age 55)
Senior VP, General Counsel & Secretary
Ms. Petra Nagel
Senior Vice President of Human Resources
Mr. Ralph Rondinone (Age 62)
Senior Vice President of Global Operations & Services, Network & Service Enablement
Comp: $421.3k
Ms. Pamela Avent (Age 61)
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?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VIAV shares.
View VIAV analyst ratings or view top-rated stocks.
What is Viavi Solutions' stock price target for 2024?: 6 equities research analysts have issued 12 month target prices for Viavi Solutions' shares. Their VIAV share price targets range from $11.00 to $17.00. On average, they anticipate the company's stock price to reach $13.17 in the next twelve months. This suggests a possible upside of 58.8% 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 2024?: Viavi Solutions' stock was trading at $10.07 at the beginning of 2024. Since then, VIAV shares have decreased by 17.7% and is now trading at $8.29.
View the best growth stocks for 2024 here.
Are investors shorting Viavi Solutions?: Viavi Solutions saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,130,000 shares, a decrease of 20.3% from the March 15th total of 6,440,000 shares. Based on an average trading volume of 2,230,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.3% of the shares of the stock are sold short.
View Viavi Solutions' Short Interest.
When is Viavi Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our VIAV earnings forecast.
How were Viavi Solutions' earnings last quarter?: Viavi Solutions Inc. (NASDAQ:VIAV) issued its quarterly earnings results on Thursday, February, 1st. The communications equipment provider reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The communications equipment provider had revenue of $254.50 million for the quarter, compared to the consensus estimate of $249.77 million. Viavi Solutions had a trailing twelve-month return on equity of 5.38% and a net margin of 0.49%.

What ETFs hold Viavi Solutions' stock?: ETFs with the largest weight of Viavi Solutions (NASDAQ:VIAV) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN), SPDR S&P Telecom ETF (XTL) and Invesco S&P SmallCap Information Technology ETF (PSCT).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 third quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of 0.050-0.090 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $245.0 million-$253.0 million, compared to the consensus revenue estimate of $249.9 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 many different retail and institutional investors. Top institutional shareholders include Park Avenue Securities LLC (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VIAV) was last updated on 4/16/2024 by MarketBeat.com Staff

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Viavi Solutions (VIAV) Stock Price, News & Analysis

Viavi Solutions MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Viavi Solutions Stock (NASDAQ:VIAV)

VIAV Stock Price History

VIAV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

VIAV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™