Viavi Solutions (VIAV)
NASDAQ:VIAV
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VIAV Stock Chart & Stats
$44.14
-$0.16(-1.56%)
At close: 4:00 PM EST
$44.14
-$0.16(-1.56%)
Day’s Range― - ―
52-Week Range$8.75 - $60.43
Previous CloseN/A
Volume231.61K
Average Volume (3M)5.83M
Market Cap
$12.28B
Enterprise Value$12.78B
Total Cash (Recent Filing)$500.80M
Total Debt (Recent Filing)$1.14B
Price to Earnings (P/E)313.9
Beta1.17
Next Earnings
Aug 06, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding233,907,870
10 Day Avg. Volume6,002,225
30 Day Avg. Volume5,830,898
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 Cap1.04
Enterprise Value/Revenue9.36
Enterprise Value/Gross Profit16.81
Enterprise Value/Ebitda61.75
Forecast
1Y Price Target
$64.63Price Target Upside46.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.92
Revenue Forecast (FY)$1.46B
Bulls Say, Bears Say
Bulls Say
Revenue Growth & Healthy Gross MarginsSustained top-line expansion with a ~56% gross margin indicates durable product economics and pricing power across test and optical portfolios. Strong revenue growth supports scale, funds R&D and service offerings, and provides a base for margin recovery and long-term operating leverage.
NSE Strength Via Spirent Product-lineThe Spirent product-line contribution materially enlarges the NSE addressable market and accelerates cross-sell into data center and aerospace & defense customers. Acquisition-driven diversification improves revenue resilience and supports higher incremental margins as volumes scale over multiple quarters.
Management Prioritizing Debt ReductionActive prepayments and convertible reductions show disciplined capital allocation focused on lowering leverage and interest burden. This strengthens long-term financial flexibility, reduces refinancing risk, and creates capacity to reorient free cash flow toward growth or returns once leverage targets are met.
Bears Say
Rising LeverageMaterial increase in leverage reduces balance-sheet flexibility and raises refinancing and interest-rate sensitivity. Elevated debt-to-equity constrains ability to invest through cycles, heightens risk in downturns, and makes returns generation more challenging until leverage is meaningfully reduced.
TTM Net Loss And Negative Net MarginTrailing losses and negative margins impair retained earnings and limit internal funding for R&D, restructuring and capex. Persistent unprofitability would pressure ROE and shareholder optionality, requiring sustained revenue/margin improvements to restore multi-year profitability.
Weakened Cash GenerationDeclining free cash flow and episodic negative operating cash usage reduce the company's ability to self-fund debt paydowns, acquisitions or buybacks. Lower cash conversion increases reliance on external financing and raises vulnerability to working-capital swings and earn-out/timing impacts.
Viavi Solutions News
VIAV FAQ
What was Viavi Solutions’s price range in the past 12 months?
Viavi Solutions lowest stock price was $8.75 and its highest was $60.43 in the past 12 months.
What is Viavi Solutions’s market cap?
Viavi Solutions’s market cap is $12.28B.
When is Viavi Solutions’s upcoming earnings report date?
Viavi Solutions’s upcoming earnings report date is Aug 06, 2026 which is in 92 days.
How were Viavi Solutions’s earnings last quarter?
Viavi Solutions released its earnings results on Apr 29, 2026. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.231 by $0.039.
Is Viavi Solutions overvalued?
According to Wall Street analysts Viavi Solutions’s price is currently Undervalued.
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 0.3.
How many shares outstanding does Viavi Solutions have?
Viavi Solutions has 233,907,870 shares outstanding.
What happened to Viavi Solutions’s price movement after its last earnings report?
Viavi Solutions reported an EPS of $0.27 in its last earnings report, beating expectations of $0.231. Following the earnings report the stock price went up 15.089%.
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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Analyst Consensus
Strong Buy
Average Price Target:
$64.63 (46.41% Upside)
$64.63 (46.41% Upside)
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 $13.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.8%
Last 30 Days ▲ 41.8%
Last 30 Days ▲ 41.8%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
347.61%
12-Months-Change
Fundamentals
Return on Equity
-6.92%
Trailing 12-Months
Asset Growth
30.76%
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
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strong operational beat and clear momentum: revenue and EPS exceeded guidance, margins expanded materially, NSE delivered very high year-over-year growth (driven by Spirent and data center demand), and management provided upbeat sequential guidance. Offsetting items include a substantial cash balance decline driven by strategic earn-outs and debt prepayments, negative operating cash flow for the quarter, near-term dilution from convertible conversions, and some product-mix pressure on OSP gross margins plus a weak wireless/service-provider market. On balance, the company demonstrated robust demand, margin leverage and a constructive outlook while taking deliberate debt-reduction and investment actions; these positives outweigh the near-term cash and dilution headwinds.View all VIAV earnings summariesVIAV Stock 12 Month Forecast
Average Price Target
$64.63
▲(46.41% Upside)
Technical Analysis
Ownership Overview
1.17% Insiders
33.65% Mutual Funds
2.22% Other Institutional Investors
34.10% Public Companies and Individual Investors