Viavi Solutions (NASDAQ:VIAV – Get Free Report) had its price objective raised by investment analysts at Stifel Nicolaus from $60.00 to $65.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the communications equipment provider’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 66.07% from the company’s current price.
Several other equities research analysts also recently issued reports on the company. Susquehanna upped their price target on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a report on Wednesday, July 1st. Needham & Company LLC dropped their price objective on Viavi Solutions from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday. B. Riley Financial cut their price objective on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday. Wall Street Zen upgraded shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group upped their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Six 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.88.
View Our Latest Analysis on VIAV
Viavi Solutions Price Performance
Viavi Solutions (NASDAQ:VIAV – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The firm had revenue of $443.10 million during the quarter, compared to analyst estimates of $432.62 million. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%.The company’s revenue for the quarter was up 52.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, research analysts anticipate that Viavi Solutions will post 1.02 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Viavi Solutions
Several institutional investors have recently added to or reduced their stakes in the stock. WPG Advisers LLC increased its holdings in Viavi Solutions by 96.2% during the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 380 shares during the last quarter. Persistent Asset Partners Ltd purchased a new position in Viavi Solutions in the second quarter valued at about $38,000. Carolina Wealth Advisors LLC boosted its stake in Viavi Solutions by 83.2% in the second quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock valued at $41,000 after acquiring an additional 387 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Viavi Solutions during the 2nd quarter valued at approximately $57,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Viavi Solutions during the 1st quarter valued at approximately $50,000. Institutional investors own 95.54% of the company’s stock.
More Viavi Solutions News
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Viavi reported fiscal fourth-quarter adjusted earnings of $0.34 per share, above the $0.30 consensus estimate, while revenue reached $443.1 million—also ahead of expectations and up 52.5% year over year. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
- Positive Sentiment: Management issued fiscal first-quarter 2027 EPS guidance of $0.40 to $0.42 and is targeting a $500 million quarterly revenue run rate in calendar 2027. Growth is being supported by data-center, aerospace-and-defense demand and contributions from the Spirent portfolio. Viavi Anticipates Q1 FY2027 EPS and $500 Million Quarter
- Positive Sentiment: The earnings call highlighted expanding test opportunities tied to 1.6-terabit networking, co-packaged optics and optical switching, potentially strengthening Viavi’s exposure to AI-related data-center infrastructure. VIAVI Q4 Earnings Call Signals Data Center Strength
- Neutral Sentiment: Analyst sentiment remains broadly constructive, with buy ratings and targets of $60 from Needham and B. Riley, $65 from Stifel and $70 from Rosenblatt, implying substantial potential upside from recent trading levels.
- Negative Sentiment: UBS lowered its target from $60 to $44 and assigned a neutral rating. Other firms also reduced their targets, suggesting concerns that the strong earnings outlook may already be reflected in the valuation. Analyst Price Target Updates
- Negative Sentiment: A valuation-focused assessment following the earnings beat may be contributing to selling pressure, particularly as Viavi continues to report a negative net margin and carries a high earnings multiple based on current results. Viavi Solutions Following Earnings Beat and Guidance
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.
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