Brokerages Set Viavi Solutions Inc. (NASDAQ:VIAV) Price Target at $25.00

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have received an average rating of “Moderate Buy” from the nine analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $25.00.

A number of equities research analysts have issued reports on VIAV shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Needham & Company LLC boosted their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Stifel Nicolaus upped their price target on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Susquehanna increased their price target on shares of Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a research report on Thursday, January 29th. Finally, B. Riley Financial lifted their price objective on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, January 26th.

Viavi Solutions Price Performance

Shares of NASDAQ VIAV opened at $35.30 on Thursday. The business has a fifty day moving average price of $28.73 and a two-hundred day moving average price of $20.47. The stock has a market capitalization of $8.17 billion, a PE ratio of -196.10 and a beta of 0.85. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. Viavi Solutions has a fifty-two week low of $8.10 and a fifty-two week high of $38.08.

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

Insider Transactions at Viavi Solutions

In other news, Director Richard Belluzzo sold 15,775 shares of Viavi Solutions stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $26.85, for a total value of $423,558.75. Following the transaction, the director owned 211,850 shares in the company, valued at approximately $5,688,172.50. This trade represents a 6.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul Mcnab sold 3,551 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $32.89, for a total value of $116,792.39. Following the transaction, the executive vice president directly owned 18,198 shares of the company’s stock, valued at $598,532.22. This trade represents a 16.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 485,772 shares of company stock worth $12,736,803. 1.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new stake in shares of Viavi Solutions in the 4th quarter valued at approximately $34,000. GAMMA Investing LLC increased its position in Viavi Solutions by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in Viavi Solutions during the 3rd quarter worth approximately $44,000. Covestor Ltd lifted its stake in Viavi Solutions by 22.9% in the 3rd 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 during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after purchasing an additional 898 shares during the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

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.