B. Riley Financial Has Lowered Expectations for Viavi Solutions (NASDAQ:VIAV) Stock Price

Viavi Solutions (NASDAQ:VIAV) had its price objective reduced by investment analysts at B. Riley Financial from $63.00 to $60.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the communications equipment provider’s stock. B. Riley Financial’s price target indicates a potential upside of 53.30% from the company’s previous close.

Several other analysts also recently issued reports on the company. UBS Group boosted their price target on Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Needham & Company LLC dropped their target price on Viavi Solutions from $68.00 to $60.00 and set a “buy” rating for the company in a report on Thursday. Susquehanna boosted their target price on shares of Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a research report on Wednesday, July 1st. Wall Street Zen upgraded shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings downgraded shares of Viavi Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 16th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $49.88.

Viavi Solutions Stock Performance

NASDAQ VIAV opened at $39.14 on Thursday. The stock has a market cap of $9.16 billion, a PE ratio of -260.92 and a beta of 1.21. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.39 and a current ratio of 1.85. The firm has a 50-day moving average of $44.19 and a 200-day moving average of $38.96. Viavi Solutions has a 52-week low of $10.30 and a 52-week high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.04. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The firm had revenue of $443.10 million during the quarter, compared to the consensus estimate of $432.62 million. During the same period last year, the business posted $0.13 earnings per share. The business’s revenue for the quarter was up 52.5% compared to the same quarter last year. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. On average, sell-side analysts anticipate that Viavi Solutions will post 1.02 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Viavi Solutions in the 2nd quarter valued at $1,228,529,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Viavi Solutions by 431.1% during the 3rd 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 in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Viavi Solutions during the 1st quarter worth $75,294,000. Invesco Ltd. lifted its position 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 buying an additional 2,045,702 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Viavi Solutions by 1,011.9% during the 4th 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. Institutional investors 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 fiscal fourth-quarter adjusted earnings of $0.34 per share, above the $0.30 consensus estimate, while revenue reached $443.1 million—also ahead of expectations and up 52.5% year over year. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management issued fiscal first-quarter 2027 EPS guidance of $0.40 to $0.42 and is targeting a $500 million quarterly revenue run rate in calendar 2027. Growth is being supported by data-center, aerospace-and-defense demand and contributions from the Spirent portfolio. Viavi Anticipates Q1 FY2027 EPS and $500 Million Quarter
• Positive Sentiment: The earnings call highlighted expanding test opportunities tied to 1.6-terabit networking, co-packaged optics and optical switching, potentially strengthening Viavi’s exposure to AI-related data-center infrastructure. VIAVI Q4 Earnings Call Signals Data Center Strength
• Neutral Sentiment: Analyst sentiment remains broadly constructive, with buy ratings and targets of $60 from Needham and B. Riley, $65 from Stifel and $70 from Rosenblatt, implying substantial potential upside from recent trading levels.
• Negative Sentiment: UBS lowered its target from $60 to $44 and assigned a neutral rating. Other firms also reduced their targets, suggesting concerns that the strong earnings outlook may already be reflected in the valuation. Analyst Price Target Updates
• Negative Sentiment: A valuation-focused assessment following the earnings beat may be contributing to selling pressure, particularly as Viavi continues to report a negative net margin and carries a high earnings multiple based on current results. Viavi Solutions Following Earnings Beat and Guidance

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.