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

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have earned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $22.1250.

Several research analysts recently issued reports on the stock. Argus upped their target price on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Susquehanna lifted their price target on Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a research note on Thursday, January 29th. Stifel Nicolaus upped their price objective on Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Needham & Company LLC raised their price objective on Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, B. Riley Financial boosted their target price on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, January 26th.

Insider Buying and Selling at Viavi Solutions

In related news, SVP Gary W. Staley sold 24,237 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $3,260,869.31. This trade represents a 15.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ilan Daskal sold 170,000 shares of Viavi Solutions stock in a transaction on 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 completion of the transaction, the executive vice president owned 10,132 shares in the company, valued at approximately $177,208.68. The trade was a 94.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 753,711 shares of company stock valued at $16,526,234. 1.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital World Investors raised its holdings in shares of Viavi Solutions by 3.5% during the third quarter. Capital World Investors now owns 14,955,454 shares of the communications equipment provider’s stock valued at $189,785,000 after acquiring an additional 500,000 shares in the last quarter. Schroder Investment Management Group increased its position in Viavi Solutions by 16.6% during the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock valued at $82,709,000 after purchasing an additional 1,166,547 shares during the period. Dimensional Fund Advisors LP raised its holdings in Viavi Solutions by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock worth $86,875,000 after purchasing an additional 231,570 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position 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 purchasing an additional 5,389,435 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Viavi Solutions by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 5,351,211 shares of the communications equipment provider’s stock worth $95,373,000 after purchasing an additional 20,776 shares during the period. Institutional investors own 95.54% of the company’s stock.

Viavi Solutions Trading Down 1.2%

Shares of VIAV opened at $27.30 on Wednesday. Viavi Solutions has a 1-year low of $8.10 and a 1-year high of $27.84. The company has a market capitalization of $6.32 billion, a P/E ratio of -151.63 and a beta of 0.96. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. The firm’s 50 day simple moving average is $19.72 and its 200 day simple moving average is $15.53.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $369.30 million during the quarter, compared to analysts’ expectations of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The business’s quarterly revenue was up 36.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Sell-side analysts forecast that Viavi Solutions will post 0.26 earnings per share for the current fiscal year.

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.