Rosenblatt Securities Reaffirms “Buy” Rating for Viavi Solutions (NASDAQ:VIAV)

Viavi Solutions (NASDAQ:VIAV)‘s stock had its “buy” rating reissued by equities researchers at Rosenblatt Securities in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $70.00 target price on the communications equipment provider’s stock. Rosenblatt Securities’ target price points to a potential upside of 78.85% from the stock’s current price.

Several other equities research analysts have also weighed in on VIAV. UBS Group increased their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. B. Riley Financial upped their target price on Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a report on Friday, April 24th. Susquehanna increased their price target on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a research report on Wednesday, July 1st. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings lowered Viavi Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 16th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Viavi Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.88.

Viavi Solutions Stock Down 3.6%

VIAV stock opened at $39.14 on Thursday. Viavi Solutions has a twelve month low of $10.30 and a twelve month high of $60.43. The company has a current ratio of 1.85, a quick ratio of 1.39 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $9.16 billion, a P/E ratio of -260.92 and a beta of 1.21. The firm has a 50 day simple moving average of $44.19 and a 200-day simple moving average of $38.96.

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

Institutional Investors Weigh In On Viavi Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of VIAV. WPG Advisers LLC increased its holdings in shares of Viavi Solutions by 96.2% during the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 380 shares in the last quarter. Carolina Wealth Advisors LLC lifted its position in shares of Viavi Solutions by 83.2% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock worth $41,000 after purchasing an additional 387 shares during the period. Corient Private Wealth LLC grew its holdings in Viavi Solutions by 3.6% during the 4th 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 during the period. Lido Advisors LLC lifted its stake in Viavi Solutions by 2.0% in the fourth quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider’s stock valued at $438,000 after buying an additional 473 shares during the period. Finally, Maryland State Retirement & Pension System grew its holdings in Viavi Solutions by 1.5% in the fourth quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider’s stock worth $580,000 after purchasing an additional 478 shares during the period. 95.54% of the stock is currently owned by institutional investors.

Key Stories Impacting Viavi Solutions

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.