Analysts Set Expectations for Viavi Solutions Q2 Earnings

Viavi Solutions Inc. (NASDAQ:VIAV) – Equities researchers at Northland Securities boosted their Q2 2027 EPS estimates for shares of Viavi Solutions in a research note issued to investors on Thursday, August 6th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of $0.38 per share for the quarter, up from their prior forecast of $0.29. The consensus estimate for Viavi Solutions’ current full-year earnings is $1.02 per share. Northland Securities also issued estimates for Viavi Solutions’ Q3 2027 earnings at $0.34 EPS.

Several other brokerages also recently commented on VIAV. Wall Street Zen upgraded Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus upped their price target on Viavi Solutions from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. UBS Group cut their price target on Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Susquehanna boosted their price objective on Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings downgraded Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $49.88.

Viavi Solutions Price Performance

Shares of NASDAQ VIAV opened at $43.11 on Thursday. The firm’s 50-day moving average price is $43.51 and its 200-day moving average price is $39.54. Viavi Solutions has a 1-year low of $10.30 and a 1-year high of $60.43. The firm has a market capitalization of $10.08 billion, a P/E ratio of -287.38 and a beta of 1.21. The company has a current ratio of 1.85, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27.

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, topping analysts’ consensus estimates of $0.30 by $0.04. The business had revenue of $443.10 million during the quarter, compared to analysts’ expectations of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The business’s quarterly revenue was up 52.5% on a year-over-year basis. During the same period last year, the company posted $0.13 earnings per share. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS.

Hedge Funds Weigh In On Viavi Solutions

Several large investors have recently added to or reduced their stakes in VIAV. WPG Advisers LLC grew its stake in shares of Viavi Solutions by 96.2% during the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 380 shares during the last quarter. Carolina Wealth Advisors LLC increased its holdings in shares of Viavi Solutions by 83.2% in the second quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock worth $41,000 after buying an additional 387 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Viavi Solutions by 3.6% in the 4th quarter. Corient Private Wealth LLC now owns 11,400 shares of the communications equipment provider’s stock valued at $204,000 after acquiring an additional 394 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of Viavi Solutions by 2.0% in the 4th quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider’s stock valued at $438,000 after acquiring an additional 473 shares during the last quarter. Finally, Maryland State Retirement & Pension System boosted its holdings in Viavi Solutions by 1.5% during the 4th quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider’s stock valued at $580,000 after acquiring an additional 478 shares during the period. Institutional investors own 95.54% of the company’s stock.

Insider Activity

In other news, EVP Paul Mcnab sold 1,595 shares of Viavi Solutions stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $37.37, for a total transaction of $59,605.15. Following the completion of the transaction, the executive vice president directly owned 13,876 shares in the company, valued at $518,546.12. This trade represents a 10.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.80% of the stock is owned by corporate insiders.

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.