Analysts Set Viavi Solutions Inc. (NASDAQ:VIAV) Price Target at $17.44

Viavi Solutions Inc. (NASDAQ:VIAV) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $17.4444.

Several research analysts have issued reports on the company. Argus boosted their target price on Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Wall Street Zen upgraded Viavi Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday. Stifel Nicolaus increased their target price on Viavi Solutions from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Needham & Company LLC lifted their target price on Viavi Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, B. Riley raised shares of Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Thursday, October 30th.

Viavi Solutions Trading Up 1.5%

VIAV stock opened at $18.05 on Friday. Viavi Solutions has a twelve month low of $8.10 and a twelve month high of $19.75. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 257.86 and a beta of 0.94. The company has a quick ratio of 1.74, a current ratio of 1.99 and a debt-to-equity ratio of 0.88. The firm’s fifty day simple moving average is $17.73 and its two-hundred day simple moving average is $13.80.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. The firm had revenue of $299.10 million during the quarter, compared to analyst estimates of $294.35 million. Viavi Solutions had a net margin of 1.33% and a return on equity of 10.70%. The business’s revenue was up 25.6% on a year-over-year basis. During the same quarter last year, the business earned $0.06 EPS. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. As a group, analysts anticipate that Viavi Solutions will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Kevin Christopher Siebert sold 24,225 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $18.26, for a total value of $442,348.50. Following the transaction, the senior vice president owned 49,225 shares of the company’s stock, valued at $898,848.50. This represents a 32.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Keith Barnes sold 121,467 shares of the firm’s stock in a transaction 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 transaction, the director owned 27,213 shares in the company, valued at $494,732.34. The trade was a 81.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 606,226 shares of company stock worth $10,714,820. 1.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its stake 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 valued at $42,000 after buying an additional 825 shares during the period. Johnson Financial Group Inc. purchased a new stake in shares of Viavi Solutions in the 3rd quarter worth approximately $44,000. Covestor Ltd boosted its stake in shares of Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in Viavi Solutions by 32.0% during the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after buying an additional 898 shares during the period. Finally, Family Legacy Financial Solutions LLC purchased a new position in Viavi Solutions during the second quarter valued at approximately $43,000. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

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.