Viavi Solutions (NASDAQ:VIAV) Price Target Cut to $60.00 by Analysts at Needham & Company LLC

Viavi Solutions (NASDAQ:VIAV) had its price target lowered by Needham & Company LLC from $68.00 to $60.00 in a report issued on Thursday, Marketbeat reports. The firm presently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC’s price target indicates a potential upside of 54.24% from the company’s current price.

Other research analysts also recently issued research reports about the company. Rosenblatt Securities reissued a “buy” rating and issued a $70.00 price target on shares of Viavi Solutions in a research note on Wednesday, June 10th. Susquehanna lifted their price objective on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a research note on Wednesday, July 1st. UBS Group upped their price objective on Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, B. Riley Financial raised their target price on Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Viavi Solutions has an average rating of “Moderate Buy” and an average target price of $45.88.

Viavi Solutions Trading Down 3.5%

VIAV stock opened at $38.90 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. Viavi Solutions has a twelve month low of $9.92 and a twelve month high of $60.43. The company has a market cap of $9.10 billion, a P/E ratio of -162.08 and a beta of 1.21. The business has a fifty day moving average of $44.54 and a 200-day moving average of $38.81.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data 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. 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 analyst estimates of $432.62 million. During the same period last year, the company earned $0.13 earnings per share. The company’s revenue 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, equities research analysts expect that Viavi Solutions will post 0.73 EPS for the current year.

Insider Activity at Viavi Solutions

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VIAV. Arrowstreet Capital Limited Partnership lifted its stake in 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 valued at $84,258,000 after purchasing an additional 5,389,435 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Viavi Solutions in the first quarter valued at approximately $75,294,000. Invesco Ltd. raised its stake in Viavi Solutions by 116.0% in the fourth quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock valued at $67,886,000 after buying an additional 2,045,702 shares during the period. Marshall Wace LLP lifted its position in shares of Viavi Solutions by 1,011.9% in the fourth quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after buying an additional 1,990,848 shares during the last quarter. Finally, Bowen Hanes & Co. Inc. acquired a new stake in shares of Viavi Solutions in the fourth quarter valued at approximately $33,323,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions News Roundup

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

• Positive Sentiment: Viavi reported adjusted earnings of $0.34 per share, exceeding the $0.30 consensus estimate, while revenue reached $443.1 million versus expectations of $432.6 million. Revenue increased 52.5% year over year, reflecting strong demand for the communications-equipment provider’s products. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Profitability improved sharply: gross profit rose 60.1% to $261.7 million and operating profit climbed roughly 301% to $61.3 million. Cash and equivalents totaled $647.8 million, supporting financial flexibility. Viavi Solutions Q4 2026 Earnings
• Positive Sentiment: Fiscal Q1 2027 guidance was well above consensus, with adjusted EPS forecast at $0.40–$0.42 versus the $0.27 estimate and revenue projected at $450 million–$460 million versus $433.2 million. Management is also targeting a $500 million quarter during calendar 2027. Viavi Anticipates Q1 FY2027 EPS and Revenue Growth
• Negative Sentiment: Investor reaction may reflect profit-taking after a major run-up and concerns about valuation, with the stock trading below its 50-day average. QuiverQuant also reported 26 insider sales and no insider purchases over the past six months, including substantial sales by executives; that pattern can weigh on sentiment even though it does not necessarily indicate deteriorating fundamentals.
• Neutral Sentiment: Analyst price targets remain broadly bullish, with a reported median of $66, but the large gap between targets and the current trading level may have raised the market’s expectations for continued execution.

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.