Viavi Solutions (NASDAQ:VIAV) Issues Q1 2027 Earnings Guidance

Viavi Solutions (NASDAQ:VIAV) updated its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.400-0.420 for the period, compared to the consensus earnings per share estimate of 0.270. The company issued revenue guidance of $450.0 million-$460.0 million, compared to the consensus revenue estimate of $433.2 million.

Viavi Solutions Price Performance

Shares of Viavi Solutions stock traded down $1.42 on Wednesday, hitting $38.90. 7,372,695 shares of the company were exchanged, compared to its average volume of 4,800,080. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $44.54 and a 200 day moving average price of $38.81. The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of -162.08 and a beta of 1.21. Viavi Solutions has a 1-year low of $9.92 and a 1-year high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The firm had revenue of $443.10 million during the quarter, compared to analysts’ expectations of $432.62 million. During the same quarter last year, the firm earned $0.13 earnings per share. The business’s revenue for the quarter was up 52.5% on a year-over-year basis. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, sell-side analysts predict that Viavi Solutions will post 0.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VIAV has been the subject of a number of recent research reports. UBS Group raised their target price on Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. B. Riley Financial boosted their price target on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Susquehanna raised their price objective on shares of Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a research report on Wednesday, July 1st. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $70.00 target price on shares of Viavi Solutions in a research note on Wednesday, June 10th. Six equities 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 a consensus rating of “Moderate Buy” and an average target price of $42.88.

Insider Buying and Selling

In other news, CEO Oleg Khaykin sold 136,547 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $51.82, for a total value of $7,075,865.54. Following the transaction, the chief executive officer owned 1,188,798 shares of the company’s stock, valued at $61,603,512.36. This represents a 10.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. State of Wyoming acquired a new stake in shares of Viavi Solutions during the fourth quarter valued at about $34,000. Johnson Financial Group Inc. purchased a new position in shares of Viavi Solutions during the 3rd quarter worth approximately $44,000. Kestra Advisory Services LLC purchased a new position in shares of Viavi Solutions during the 4th quarter worth approximately $90,000. Empowered Funds LLC acquired a new stake in Viavi Solutions in the 4th quarter valued at approximately $126,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Viavi Solutions in the 3rd quarter valued at approximately $136,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

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.