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Viavi Solutions (VIAV)
NASDAQ:VIAV
VIAV Stock Chart & Stats
$27.88
-$0.16(-1.56%)
At close: 4:00 PM EST
$27.88
-$0.16(-1.56%)
Day’s Range― - ―
52-Week Range$8.10 - $35.61
Previous CloseN/A
Volume231.61K
Average Volume (3M)5.98M
Market Cap
$6.45B
Enterprise Value$7.02B
Total Cash (Recent Filing)$767.40M
Total Debt (Recent Filing)$1.33B
Price to Earnings (P/E)―
Beta1.20
Next Earnings
May 05, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.22
Shares Outstanding231,389,340
10 Day Avg. Volume7,184,940
30 Day Avg. Volume5,980,934
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)2.85
Price to Sales (P/S)2.05
P/FCF Ratio35.89
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue5.64
Enterprise Value/Gross Profit10.12
Enterprise Value/Ebitda77.18
Forecast
1Y Price Target
$26.50Price Target Upside-4.95% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)0.67
Revenue Forecast (FY)$1.38B
Bulls Say, Bears Say
Bulls Say
Re-accelerating Revenue GrowthSustained top-line acceleration, driven by strong demand in data center and aerospace & defense and contribution from recent acquisitions, indicates durable market traction. Management's sequential guidance and repeated outperformance suggest the company can extend revenue momentum into multiple quarters, supporting investments and strategic initiatives.
Resilient Gross Margins Across SegmentsHigh and steady gross margins reflect structural product mix and pricing power in test and optical businesses. Margin resilience across NSE and OSP, including OSP gross margin and strong OSP operating margin, supports sustainable cash generation and reinvestment capacity, making profitability less sensitive to revenue volatility.
Strong Cash Position And Active Debt ManagementA large cash balance plus consistent free cash flow gives the company flexibility to reduce leverage and fund strategic priorities. The use of cash to prepay term debt and exchanges to address convertibles shows disciplined capital allocation, enhancing balance-sheet resilience and capacity for M&A or R&D without relying solely on external financing.
Bears Say
Rising Leverage And Balance-sheet SensitivityMaterial increase in leverage reduces financial flexibility and raises interest-cost sensitivity. With debt-to-equity elevated versus prior periods, the company is more exposed to cyclical revenue or margin shocks, which can limit its ability to fund growth initiatives and increase refinancing risk if cash generation weakens.
Choppy Profitability And Earnings QualityInconsistent profitability — including a recent swing to a net loss — weakens predictability of earnings and returns. Lower operating margins versus earlier peak periods suggest reduced operating leverage, making the company more vulnerable to margin pressure and constraining sustainable funding for capex, R&D, or shareholder returns.
Share Dilution From Convertible ExchangesSignificant dilution from convertible-note exchanges increases share count, lowering per-share earnings and cash-per-share metrics over the long term. While exchanges reduced near-term cash outflows, persistent dilution can hamper EPS growth, reduce shareholder returns potential, and limit flexibility for future buybacks.
Viavi Solutions News
VIAV FAQ
What was Viavi Solutions’s price range in the past 12 months?
Viavi Solutions lowest stock price was $8.10 and its highest was $35.61 in the past 12 months.
What is Viavi Solutions’s market cap?
Viavi Solutions’s market cap is $6.45B.
When is Viavi Solutions’s upcoming earnings report date?
Viavi Solutions’s upcoming earnings report date is May 05, 2026 which is in 57 days.
How were Viavi Solutions’s earnings last quarter?
Viavi Solutions released its earnings results on Jan 28, 2026. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.188 by $0.032.
Is Viavi Solutions overvalued?
According to Wall Street analysts Viavi Solutions’s price is currently Overvalued.
Does Viavi Solutions pay dividends?
Viavi Solutions does not currently pay dividends.
What is Viavi Solutions’s EPS estimate?
Viavi Solutions’s EPS estimate is 0.23.
How many shares outstanding does Viavi Solutions have?
Viavi Solutions has 231,389,340 shares outstanding.
What happened to Viavi Solutions’s price movement after its last earnings report?
Viavi Solutions reported an EPS of $0.22 in its last earnings report, beating expectations of $0.188. Following the earnings report the stock price went up 17.451%.
Which hedge fund is a major shareholder of Viavi Solutions?
Currently, no hedge funds are holding shares in VIAV
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Viavi Solutions Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$26.50 (-4.95% Downside)
$26.50 (-4.95% Downside)
Blogger Sentiment
Bullish
VIAV Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 4.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $11.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 9.8%
Last 30 Days ▲ 9.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
157.90%
12-Months-Change
Fundamentals
Return on Equity
-5.54%
Trailing 12-Months
Asset Growth
61.02%
Trailing 12-Months
Company Description
Viavi Solutions
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, original equipment manufacturers, government, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, consumer and industrial, government, automotive, and industrial markets. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1923 and is headquartered in Scottsdale, Arizona.
VIAV Company Deck
VIAV Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong financial outperformance for the quarter with robust revenue growth (+36.4% YoY), margin expansion, EPS beats, and clear momentum in high-growth end markets (data center and aerospace & defense). Management provided constructive Q3 guidance and highlighted cash strength and active debt management. Near-term negatives include a modest shortfall in Spirent timing, one-time restructuring charges (~$32M) with ~5% workforce reduction, share dilution from convertible exchanges (and a higher expected share count), slight margin pressure in parts of the business, and a small decline in operating cash flow. On balance, the positives around top-line strength, margin improvement, segment momentum, and disciplined capital allocation outweigh the lowlights.View all VIAV earnings summariesVIAV Stock 12 Month Forecast
Average Price Target
$26.50
▼(-4.95% Downside)
Technical Analysis
Ownership Overview
1.22% Insiders
33.30% Mutual Funds
15.71% Other Institutional Investors
22.35% Public Companies and Individual Investors