Q3 EPS Estimates for Viavi Solutions Boosted by Analyst

Viavi Solutions Inc. (NASDAQ:VIAV) – Research analysts at Northland Securities increased their Q3 2026 EPS estimates for shares of Viavi Solutions in a report issued on Thursday, January 29th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings per share of $0.18 for the quarter, up from their prior estimate of $0.12. The consensus estimate for Viavi Solutions’ current full-year earnings is $0.26 per share. Northland Securities also issued estimates for Viavi Solutions’ Q4 2026 earnings at $0.19 EPS and FY2027 earnings at $0.80 EPS.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share for the quarter, beating the consensus estimate 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 13.03% and a negative net margin of 3.38%.Viavi Solutions’s quarterly revenue was up 36.4% on a year-over-year basis. During the same period last year, the business posted $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS.

Several other analysts have also commented on VIAV. Susquehanna increased their price target on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research report on Thursday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. UBS Group increased their target price on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Argus boosted their price target on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Needham & Company LLC upped their price objective on Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Viavi Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $22.13.

Viavi Solutions Trading Down 1.0%

Shares of VIAV stock opened at $24.46 on Monday. The stock has a market cap of $5.66 billion, a P/E ratio of -135.88 and a beta of 0.95. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. Viavi Solutions has a fifty-two week low of $8.10 and a fifty-two week high of $24.99. The business has a fifty day simple moving average of $18.53 and a 200-day simple moving average of $14.75.

Insiders Place Their Bets

In other Viavi Solutions news, EVP Ilan Daskal sold 170,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $17.49, for a total transaction of $2,973,300.00. Following the transaction, the executive vice president owned 10,132 shares in the company, valued at $177,208.68. The trade was a 94.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Oleg Khaykin sold 85,836 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $17.63, for a total value of $1,513,288.68. Following the completion of the sale, the chief executive officer owned 2,025,005 shares of the company’s stock, valued at approximately $35,700,838.15. This trade represents a 4.07% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 518,763 shares of company stock worth $9,200,587. 1.80% of the stock is owned by company insiders.

Institutional Trading of Viavi Solutions

Several large investors have recently bought and sold shares of VIAV. GAMMA Investing LLC lifted its position in shares of Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in Viavi Solutions during the 3rd quarter worth $44,000. Covestor Ltd lifted its holdings in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after buying an additional 676 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares in the last quarter. Finally, Vise Technologies Inc. purchased a new position in Viavi Solutions in the 2nd quarter valued at about $128,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Key Headlines Impacting Viavi Solutions

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

• Positive Sentiment: Q2 results beat expectations: VIAV reported $0.22 EPS (vs. $0.19 est.) and revenue of $369.3M, up 36% year‑over‑year — the beat and solid top‑line growth are driving optimism. VIAVI Solutions, Inc. Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management raised Q3 revenue guidance to $386M–$400M (well above consensus) and issued EPS guidance above expectations — investors view this as confirmation of durable demand from data center, 5G and defense end markets. Viavi anticipates $386M–$400M Q3 revenue with continued data center and aerospace momentum
• Positive Sentiment: Restructuring and cost actions (including a ~5% workforce reduction) were announced; the market cheered the expected margin improvement and the stock hit multi‑decade highs on the news. Viavi Solutions (VIAV) jumps to decades high on restructuring initiative
• Positive Sentiment: Analysts raised price targets and reiterated buys after the quarter (Needham, Susquehanna, Stifel among firms raising PTs), which supports further upside sentiment. Viavi Solutions (VIAV) PT Raised to $28 at Needham
• Neutral Sentiment: New product/IP expansion: Inertial Labs (a VIAVI company) launched IRINS, a LEO‑aided inertial navigation system addressing GNSS‑denied environments — strategic for defense/aerospace but likely a longer‑term revenue driver. Inertial Labs, a VIAVI Solutions Company, Launches IRINS LEO-Aided Inertial Navigation System
• Neutral Sentiment: Full transcripts and deep dives (earnings call/transcript coverage) add detail on segment mix (data center, NSE/OSP, aerospace) for investors modeling revenue sustainability. Viavi Solutions Inc. (VIAV) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Restructuring includes workforce reductions (~5%) — while supportive of margins, layoffs carry execution and execution‑risk headlines that can spur volatility and short‑term investor concern. Viavi rises after ‘solid’ Q2 and outlook keeps analysts bullish to cut 5 workforce

About Viavi Solutions

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.