Viavi Solutions (NASDAQ:VIAV) Price Target Raised to $28.00 at Needham & Company LLC

Viavi Solutions (NASDAQ:VIAV) had its price target raised by Needham & Company LLC from $24.00 to $28.00 in a research note released on Thursday, Marketbeat.com reports. They currently have a buy rating on the communications equipment provider’s stock.

Other analysts also recently issued reports about the company. Stifel Nicolaus boosted their target price on Viavi Solutions from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. UBS Group boosted their price objective on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Argus lifted their target price on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.22.

Viavi Solutions Trading Up 17.5%

VIAV opened at $24.70 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.74 and a current ratio of 1.99. Viavi Solutions has a one year low of $8.10 and a one year high of $24.95. The company has a market cap of $5.51 billion, a P/E ratio of -137.21 and a beta of 0.94. The business’s 50-day simple moving average is $18.36 and its 200-day simple moving average is $14.59.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. Viavi Solutions had a positive return on equity of 13.43% and a negative net margin of 3.38%.The firm’s quarterly revenue was up 36.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, equities research analysts expect that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling at Viavi Solutions

In other news, Director Keith Barnes sold 121,467 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $18.18, for a total value of $2,208,270.06. Following the completion of the sale, the director directly owned 27,213 shares of the company’s stock, valued at $494,732.34. This trade represents a 81.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ilan Daskal sold 170,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $17.49, for a total value of $2,973,300.00. Following the transaction, the executive vice president directly owned 10,132 shares in the company, valued at $177,208.68. This represents a 94.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 606,226 shares of company stock valued at $10,714,820. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. ST Germain D J Co. Inc. grew its stake in shares of Viavi Solutions by 92,963.6% during the 4th quarter. ST Germain D J Co. Inc. now owns 10,237 shares of the communications equipment provider’s stock worth $182,000 after purchasing an additional 10,226 shares during the period. Concurrent Investment Advisors LLC acquired a new position in Viavi Solutions during the fourth quarter worth about $1,695,000. Virtus Wealth Solutions LLC purchased a new position in Viavi Solutions in the fourth quarter valued at about $1,916,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Viavi Solutions during the 4th quarter valued at approximately $210,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Viavi Solutions by 23.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 80,787 shares of the communications equipment provider’s stock worth $1,440,000 after acquiring an additional 15,426 shares in the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

Key Viavi Solutions News

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

• Positive Sentiment: Q2 results beat across the board: EPS and revenue topped estimates and revenue grew ~36% YoY, driven by data center, 5G and defense demand. Viavi Q2 Earnings Beat Estimates
• Positive Sentiment: Company raised Q3 revenue guidance to $386M–$400M (well above consensus) and signaled continued data center and aerospace momentum — the main driver cited for the stronger outlook. Viavi anticipates $386M–$400M Q3 revenue
• Positive Sentiment: Analysts reacted with multiple price‑target increases (Needham to $28, Susquehanna to $25, Stifel to $24), signaling stronger sell‑side conviction after the print and guidance. Analyst price target moves
• Positive Sentiment: Company product/segment progress: Viavi’s Inertial Labs unit launched an IRINS LEO‑aided inertial navigation system targeting denied/degraded environments — reinforces defense/aerospace revenue exposure. Inertial Labs launches IRINS
• Neutral Sentiment: Management commentary and full earnings call transcripts provide details on mix, backlog and margin levers (useful for modeling but not a surprise beyond the guidance). Earnings call transcript (Fool)
• Neutral Sentiment: Operational action: company plans a ~5% workforce reduction — reduces expense base but may be viewed variably by investors. Workforce reduction reported
• Negative Sentiment: Valuation/expectations risk: the rally increases expectations (high P/E vs. history), so future earnings misses or a slowdown in data‑center orders could pressure the stock. Deep dive & risks (Yahoo Finance)

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.