Viavi Solutions (NASDAQ:VIAV) Price Target Raised to $28.00 at Needham & Company LLC

Viavi Solutions (NASDAQ:VIAV) had its price target boosted by research analysts at Needham & Company LLC from $24.00 to $28.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 33.14% from the stock’s current price.

Several other research analysts also recently commented on VIAV. Wall Street Zen downgraded Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 18th. Rosenblatt Securities increased their target price on shares of Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Argus upped their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Stifel Nicolaus raised their target price on shares of Viavi Solutions from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.78.

Viavi Solutions Stock Up 1.6%

VIAV opened at $21.03 on Thursday. The company has a market cap of $4.69 billion, a PE ratio of 300.43 and a beta of 0.94. Viavi Solutions has a twelve month low of $8.10 and a twelve month high of $21.52. The company has a 50-day moving average price of $18.18 and a 200 day moving average price of $14.52. The company has a quick ratio of 1.74, a current ratio of 1.99 and a debt-to-equity ratio of 0.88.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data 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. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The company had revenue of $369.30 million for the quarter, compared to analysts’ expectations of $365.25 million. During the same period in the previous year, the firm posted $0.13 EPS. Viavi Solutions’s revenue was up 36.4% compared to the same quarter last year. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Sell-side analysts expect that Viavi Solutions will post 0.26 earnings per share for the current fiscal year.

Insider Activity at Viavi Solutions

In other news, Director Donald A. Colvin sold 40,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $17.09, for a total value of $683,600.00. Following the completion of the sale, the director owned 148,524 shares of the company’s stock, valued at $2,538,275.16. This represents a 21.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Keith Barnes sold 121,467 shares of Viavi Solutions stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $18.18, for a total transaction of $2,208,270.06. Following the sale, the director directly owned 27,213 shares in the company, valued at approximately $494,732.34. The trade was a 81.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 606,226 shares of company stock valued at $10,714,820 over the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Several large investors have recently modified their holdings of VIAV. GAMMA Investing LLC grew its holdings in shares of 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 during the period. Johnson Financial Group Inc. purchased a new stake in Viavi Solutions in the 3rd quarter valued at about $44,000. Covestor Ltd lifted its position in Viavi Solutions by 22.9% in the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after buying an additional 676 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake 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 worth $47,000 after buying an additional 898 shares during the period. Finally, Park Avenue Securities LLC acquired a new stake in shares of Viavi Solutions during the second quarter valued at about $109,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Key Stories Impacting Viavi Solutions

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Q2 results beat consensus — Viavi reported $0.22 EPS vs. $0.19 expected and revenue of $369.3M (up 36.4% YoY), demonstrating stronger-than-forecast growth that supports upside to near-term earnings momentum. Viavi Q2 Earnings and Call
• Positive Sentiment: Management raised Q3 fiscal 2026 guidance — Viavi issued substantially higher revenue guidance ($386M–$400M vs. consensus ? $355M) and an EPS range that exceeds Street expectations, signaling confidence in sustained demand and giving analysts cover to raise estimates. VIAVI Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Analyst upgrade and higher price target — B. Riley raised its price target to $22 and coverage/upgrade activity has prompted buying interest; the market reaction (shares moved up after the upgrade) reinforces short-term positive technical momentum. B. Riley Increases Viavi Price Target Stock Up After Analyst Upgrade
• Positive Sentiment: New product from Inertial Labs (a Viavi company) — Launch of IRINS, a LEO?aided inertial navigation system, expands Viavi’s addressable markets (defense, aerospace, secure timing/positioning) and showcases product diversification beyond test & measurement and optical/network solutions. Inertial Labs Launches IRINS
• Neutral Sentiment: Earnings call transcript and slide deck available — Investors can review management commentary and slides (channel mix, margin outlook, backlog) for detail; these materials will determine whether beat/guidance translate to sustainable margin expansion. Q2 2026 Earnings Call Transcript VIAVI Q2 Press Release / Slides
• Neutral Sentiment: Analyst/industry pieces note strategic repositioning — Coverage (Yahoo, Benzinga) discusses Viavi shifting its edge/platform strategy and potential upside to future earnings; useful for thematic longer-term thesis but not immediate catalysts. Yahoo: Quietly Repositioning Its Edge Platform Benzinga: Earnings Potential

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.