Viavi Solutions (VIAV)
NASDAQ:VIAV
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VIAV Stock Chart & Stats
$39.26
-$0.16(-1.56%)
At close: 4:00 PM EST
$39.26
-$0.16(-1.56%)
Day’s Range― - ―
52-Week Range$8.10 - $43.64
Previous CloseN/A
Volume231.61K
Average Volume (3M)5.81M
Market Cap
$9.08B
Enterprise Value$9.65B
Total Cash (Recent Filing)$767.40M
Total Debt (Recent Filing)$1.33B
Price to Earnings (P/E)―
Beta1.15
Next Earnings
Apr 29, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.22
Shares Outstanding231,389,340
10 Day Avg. Volume5,375,234
30 Day Avg. Volume5,806,407
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 Cap1.06
Enterprise Value/Revenue7.76
Enterprise Value/Gross Profit13.92
Enterprise Value/Ebitda106.15
Forecast
1Y Price Target
$30.56Price Target Upside-22.16% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.84
Revenue Forecast (FY)$1.46B
Bulls Say, Bears Say
Bulls Say
Revenue Re-acceleration And End-market MomentumSustained double-digit revenue re-acceleration, driven by data center demand and recent product-line acquisitions, signals durable market traction. This improves scale and recurring software/service opportunities, supporting steady top-line expansion and stronger negotiating leverage with large telco and OEM customers.
Large Cash Balance And Proactive Debt ReductionA sizeable cash position plus targeted prepayments materially improve liquidity and reduce near-term refinancing risk. That financial flexibility allows prioritized deleveraging, strategic M&A integration, and funding of R&D or product reinvestment without immediate reliance on external capital markets.
Consistent Free-cash-flow GenerationRecurring positive free cash flow underpins durable internal funding for capital spending, debt reduction, and targeted reinvestment. Even with volatility, persistent FCF helps smooth capital allocation, enabling the company to execute on cost saves, integrate acquisitions, and support product roadmap over multiple quarters.
Bears Say
Rising Leverage And Higher Debt LoadMaterial increase in leverage reduces balance-sheet flexibility and raises interest and refinancing exposure. Higher debt levels constrain strategic options, increase sensitivity to margin swings, and heighten execution risk if revenue or cash conversion deteriorates during cyclical telecom capex slowdowns.
Choppy Profitability And Margin PressureInconsistent profitability and weaker operating margins versus historical peaks suggest fragile cost leverage and earnings quality. Persistent margin pressure limits ability to deleverage, reduce reinvestment capacity, and creates vulnerability to sustained input cost or pricing headwinds in low-growth segments.
Share Dilution From Convertible Note ExchangesSignificant dilution from convertible exchanges increases the share base, lowering per-share earnings power and potential shareholder returns. Reliance on equity conversions to address liabilities can impede long-term EPS recovery and may limit the effectiveness of future capital-allocation choices.
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 $43.64 in the past 12 months.
What is Viavi Solutions’s market cap?
Viavi Solutions’s market cap is $9.08B.
When is Viavi Solutions’s upcoming earnings report date?
Viavi Solutions’s upcoming earnings report date is Apr 29, 2026 which is in 13 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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$30.56 (-22.16% Downside)
$30.56 (-22.16% Downside)
Blogger Sentiment
Bullish
VIAV Sentiment 100%
Sector Average ―
Sector Average ―
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 ▲ 4.0%
Last 30 Days ▲ 21.7%
Last 30 Days ▲ 21.7%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
305.77%
12-Months-Change
Fundamentals
Return on Equity
-5.44%
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
$30.56
▼(-22.16% Downside)
Technical Analysis
Ownership Overview
1.20% Insiders
33.26% Mutual Funds
22.85% Other Institutional Investors
14.90% Public Companies and Individual Investors