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

Viavi Solutions (NASDAQ:VIAV) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share 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.

Analyst Ratings Changes

VIAV has been the topic of a number of recent analyst reports. Needham & Company LLC cut their price objective on Viavi Solutions from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Susquehanna boosted their price objective on shares of Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a report on Wednesday, July 1st. UBS Group reduced their target price on shares of Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Stifel Nicolaus boosted their price target on Viavi Solutions from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.88.

Viavi Solutions Stock Down 3.5%

Shares of NASDAQ:VIAV traded down $1.43 during midday trading on Friday, reaching $39.16. 3,177,436 shares of the company were exchanged, compared to its average volume of 6,332,734. 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 firm has a market cap of $9.16 billion, a PE ratio of -261.85 and a beta of 1.21. Viavi Solutions has a fifty-two week low of $10.30 and a fifty-two week high of $60.43. The stock has a fifty day simple moving average of $44.38 and a two-hundred day simple moving average of $38.96.

Viavi Solutions (NASDAQ:VIAV) last issued its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The business had revenue of $443.10 million for the quarter, compared to the consensus estimate of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 23.56%. The firm’s revenue for the quarter was up 52.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 earnings per share. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, sell-side analysts forecast that Viavi Solutions will post 1.02 earnings per share for the current year.

Key Viavi Solutions News

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

• Positive Sentiment: Quarterly results exceeded expectations: Viavi reported fiscal fourth-quarter adjusted EPS of $0.34, above the $0.30 consensus estimate, while revenue reached $443.1 million versus expectations of $432.6 million. Revenue increased 52.5% year over year, supported by data-center, aerospace and defense demand and contributions from Spirent products. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Strong fiscal first-quarter outlook: Management guided for EPS of $0.40-$0.42 and revenue of $450 million-$460 million, well above analyst estimates of $0.27 EPS and $433.2 million in revenue. The company is also targeting a $500 million quarterly revenue run rate during calendar 2027, reinforcing the growth thesis. Viavi Q1 FY2027 Guidance
• Positive Sentiment: Several analysts remain bullish: Rosenblatt reaffirmed a Buy rating with a $70 price target, while Stifel raised its target to $65 and Needham and B. Riley maintained Buy ratings with $60 targets. These targets imply substantial potential upside if Viavi delivers on its growth outlook. Analyst Ratings and Price Targets
• Neutral Sentiment: Analyst views are diverging: UBS lowered its price target from $60 to $44 and shifted to Neutral. Although the new target remains above the recent trading level, the reduction signals concern that much of Viavi’s expected growth may already be reflected in its valuation. UBS Analyst Update
• Negative Sentiment: Insider selling may weigh on sentiment: Viavi insiders reportedly made 26 stock sales and no purchases during the past six months, including substantial sales by Chief Executive Officer Oleg Khaykin. Such activity can raise caution among investors even when operating results are improving. Viavi Q4 2026 Results and Insider Activity

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership raised its stake in Viavi Solutions by 431.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock worth $84,258,000 after buying an additional 5,389,435 shares during the last quarter. Invesco Ltd. increased its stake in shares of Viavi Solutions by 116.0% during the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock worth $67,886,000 after purchasing an additional 2,045,702 shares during the last quarter. Marshall Wace LLP increased its position in 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 worth $38,983,000 after buying an additional 1,990,848 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in Viavi Solutions in the 4th quarter valued at approximately $22,625,000. Finally, Millennium Management LLC raised its stake in shares of Viavi Solutions by 772.9% during the 3rd quarter. Millennium Management LLC now owns 1,163,336 shares of the communications equipment provider’s stock valued at $14,763,000 after purchasing an additional 1,030,071 shares during the period. 95.54% of the stock is owned by institutional investors.

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.