Viavi Solutions Inc. (NASDAQ:VIAV) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $25.00.

Several equities analysts have recently issued reports on the company. Susquehanna boosted their price objective on Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a research report on Thursday, January 29th. Stifel Nicolaus raised their target price on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Rosenblatt Securities lifted their target price on Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Finally, Wall Street Zen lowered Viavi Solutions from a “buy” rating to a “hold” rating in a report on Saturday, March 7th.

Insider Activity at Viavi Solutions

In related news, SVP Gary W. Staley sold 24,237 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $23.93, for a total transaction of $579,991.41. Following the transaction, the senior vice president owned 136,267 shares in the company, valued at $3,260,869.31. This trade represents a 15.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Mcnab sold 3,551 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $32.89, for a total value of $116,792.39. Following the sale, the executive vice president directly owned 18,198 shares in the company, valued at approximately $598,532.22. The trade was a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 485,772 shares of company stock worth $12,736,803 in the last three months. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its stake in shares of Viavi Solutions by 431.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock worth $84,258,000 after buying an additional 5,389,435 shares in the last quarter. Invesco Ltd. boosted its stake in Viavi Solutions by 116.0% during the fourth quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock valued at $67,886,000 after buying an additional 2,045,702 shares in the last quarter. Marshall Wace LLP boosted its stake in Viavi Solutions by 1,011.9% during the fourth quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after buying an additional 1,990,848 shares in the last quarter. Bowen Hanes & Co. Inc. acquired a new position in Viavi Solutions during the fourth quarter worth about $33,323,000. Finally, Aberdeen Group plc acquired a new position in Viavi Solutions during the third quarter worth about $20,110,000. 95.54% of the stock is owned by institutional investors.

Viavi Solutions Stock Performance

Shares of VIAV opened at $37.27 on Thursday. The firm has a fifty day moving average of $27.22 and a 200-day moving average of $19.71. The company has a market cap of $8.62 billion, a price-to-earnings ratio of -207.04 and a beta of 0.92. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61. Viavi Solutions has a 1 year low of $8.10 and a 1 year high of $38.08.

Viavi Solutions (NASDAQ:VIAV) last posted its 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. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The firm had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. During the same period in the previous year, the business posted $0.13 EPS. Viavi Solutions’s revenue was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, equities analysts anticipate that Viavi Solutions will post 0.26 earnings per share for the current year.

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.