Viavi Solutions (NASDAQ:VIAV) Issues Q4 2026 Earnings Guidance

Viavi Solutions (NASDAQ:VIAV) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.290-0.310 for the period, compared to the consensus EPS estimate of 0.230. The company issued revenue guidance of $427.0 million-$437.0 million, compared to the consensus revenue estimate of $402.3 million.

Wall Street Analysts Forecast Growth

VIAV has been the subject of several research analyst reports. B. Riley Financial upped their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Susquehanna upped their target price on shares of Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a research note on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Viavi Solutions in a research note on Wednesday. Rosenblatt Securities upped their target price on shares of Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Finally, Wall Street Zen cut shares of Viavi Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $39.25.

Viavi Solutions Price Performance

VIAV traded up $2.94 during midday trading on Friday, hitting $55.34. The company had a trading volume of 3,060,009 shares, compared to its average volume of 5,803,642. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61. The company has a market capitalization of $12.80 billion, a PE ratio of -230.80 and a beta of 0.85. Viavi Solutions has a twelve month low of $8.10 and a twelve month high of $60.43. The firm’s 50-day simple moving average is $36.28 and its 200-day simple moving average is $24.81.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The firm had revenue of $406.80 million during the quarter, compared to analysts’ expectations of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 17.16%. The company’s quarterly revenue was up 42.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Equities research analysts predict that Viavi Solutions will post 0.64 EPS for the current fiscal year.

Insider Activity

In other news, SVP Gary W. Staley sold 24,237 shares of the firm’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $23.93, for a total value of $579,991.41. Following the transaction, the senior vice president owned 136,267 shares of the company’s stock, valued at approximately $3,260,869.31. This trade represents a 15.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Oleg Khaykin sold 74,315 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the transaction, the chief executive officer directly owned 1,849,437 shares in the company, valued at $48,973,091.76. The trade was a 3.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 485,772 shares of company stock worth $12,736,803 in the last ninety days. Insiders own 1.80% of the company’s stock.

More Viavi Solutions News

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

• Positive Sentiment: Beats and revenue growth — VIAV reported Q3 results that beat consensus on EPS and revenue, with revenue up ~43% YoY and improved margins; management also issued Q4 EPS and revenue guidance above Street expectations. PR Newswire: VIAVI Announces Third Quarter Fiscal 2026 Results
• Positive Sentiment: Raised guidance — Company set Q4 FY26 EPS guidance of $0.290–$0.310 and revenue guidance meaningfully above consensus, signaling continued demand momentum. MarketBeat: VIAV earnings/guidance
• Positive Sentiment: Analyst reassessments — Several firms lifted price targets (Susquehanna to $65 with a positive rating; UBS raised its target to $60), helping momentum and validating the earnings/growth story. TickerReport / analyst moves
• Positive Sentiment: Shares and market reaction — Coverage noted a strong intraday rally and a move to 52‑week highs as investors bought into top-line strength and guidance. MarketWatch: Shares hit 52-week high
• Neutral Sentiment: Sector/market context — Commentaries link VIAV’s performance to a broader data‑center and AI-related demand cycle that’s lifting multiple vendors, which could be cyclical or sustainable depending on capex trends. MSN: Data-center demand context
• Neutral Sentiment: Earnings materials/transcript — Full call transcript and slide deck are available for investors who want management detail on order trends, product mix and margin drivers. Seeking Alpha: Earnings call transcript
• Negative Sentiment: GAAP/net-income nuance and data-provider flags — Some aggregators flagged much weaker GAAP net income/ diluted EPS metrics in the release or supplemental tables versus adjusted metrics; investors should check GAAP vs. adjusted reconciliation. QuiverQuant: GAAP vs adjusted and metrics
• Negative Sentiment: Heavy insider selling noted — Data aggregators show substantial insider sales in recent months, which some investors view as a red flag even if the company fundamentals are improving. QuiverQuant: Insider transactions

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC bought a new stake in shares of Viavi Solutions during the fourth quarter worth $218,000. Corient Private Wealth LLC increased its position in shares of Viavi Solutions by 3.6% during the fourth quarter. Corient Private Wealth LLC now owns 11,400 shares of the communications equipment provider’s stock worth $204,000 after acquiring an additional 394 shares in the last quarter. Invesco Ltd. increased its position in shares of Viavi Solutions by 116.0% during the fourth quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock worth $67,886,000 after acquiring an additional 2,045,702 shares in the last quarter. Vident Advisory LLC bought a new stake in shares of Viavi Solutions during the fourth quarter worth $410,000. Finally, State of Tennessee Department of Treasury increased its position in shares of Viavi Solutions by 4.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 86,904 shares of the communications equipment provider’s stock worth $1,549,000 after acquiring an additional 3,340 shares in the last quarter. Institutional investors own 95.54% of the company’s stock.

About Viavi Solutions

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.