Viavi Solutions (NASDAQ:VIAV) Given New $44.00 Price Target at UBS Group

Viavi Solutions (NASDAQ:VIAV) had its price objective lowered by research analysts at UBS Group from $60.00 to $44.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the communications equipment provider’s stock. UBS Group’s target price would suggest a potential upside of 8.91% from the stock’s previous close.

VIAV has been the subject of a number of other research reports. Stifel Nicolaus upped their target price on shares of Viavi Solutions from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday. Rosenblatt Securities reissued a “buy” rating and issued a $70.00 price target on shares of Viavi Solutions in a research note on Thursday. B. Riley Financial lowered their price target on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings downgraded shares of Viavi Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 16th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $49.88.

Viavi Solutions Price Performance

Shares of NASDAQ VIAV traded up $1.50 during midday trading on Thursday, hitting $40.40. The stock had a trading volume of 4,819,378 shares, compared to its average volume of 6,340,062. The company has a market capitalization of $9.45 billion, a PE ratio of -168.03 and a beta of 1.21. The stock has a 50 day simple moving average of $44.54 and a 200-day simple moving average of $38.81. Viavi Solutions has a 1 year low of $10.02 and a 1 year high of $60.43. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The firm had revenue of $443.10 million during the quarter, compared to analysts’ expectations of $432.62 million. During the same period in the previous year, the business earned $0.13 earnings per share. The firm’s revenue for the quarter 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, sell-side analysts expect that Viavi Solutions will post 0.73 EPS for the current fiscal year.

Insider Activity

In other news, CEO Oleg Khaykin sold 136,547 shares of Viavi Solutions stock in a transaction on Friday, May 8th. The stock was sold at an average price of $51.82, for a total transaction of $7,075,865.54. Following the transaction, the chief executive officer owned 1,188,798 shares in the company, valued at $61,603,512.36. The trade was a 10.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds have recently modified their holdings of VIAV. Bank of New York Mellon Corp acquired a new stake in Viavi Solutions during the second quarter worth about $87,914,000. GSA Capital Partners LLP acquired a new position in Viavi Solutions in the 2nd quarter valued at about $1,021,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Viavi Solutions in the 2nd quarter valued at approximately $415,000. Carolina Wealth Advisors LLC grew its stake 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 valued at $41,000 after buying an additional 387 shares during the period. Finally, Trust Point Inc. increased its holdings in shares of Viavi Solutions by 8.0% during the 2nd quarter. Trust Point Inc. now owns 12,177 shares of the communications equipment provider’s stock worth $581,000 after buying an additional 901 shares during the last quarter. Hedge funds and other institutional investors own 95.54% of the company’s stock.

More Viavi Solutions News

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

• Positive Sentiment: Fiscal Q4 results exceeded expectations. Viavi reported adjusted earnings of $0.34 per share, above the $0.30 consensus estimate, while revenue rose 52.5% year over year to $443.1 million, surpassing expectations of approximately $432.6 million. Growth was supported by data-center, aerospace and defense demand and contributions from Spirent products. VIAV Q4 Earnings Top Estimates on Data Center, A&D Strength
• Positive Sentiment: Management delivered an upbeat outlook. First-quarter fiscal 2027 guidance calls for EPS of $0.40 to $0.42 and revenue of $450 million to $460 million, well above consensus estimates of $0.27 EPS and $433.2 million revenue. The company is also targeting a $500 million quarterly revenue run rate in calendar 2027. Viavi anticipates Q1 FY2027 EPS of $0.40-$0.42
• Positive Sentiment: Analyst sentiment remains bullish. Stifel Nicolaus raised its price target to $65 and maintained a Buy rating, while Rosenblatt reaffirmed its Buy rating with a $70 target. These targets imply substantial potential upside and suggest analysts view the earnings momentum and guidance as sustainable.
• Neutral Sentiment: Some analysts trimmed targets despite retaining Buy ratings. Needham lowered its target from $68 to $60, and B. Riley reduced its target from $63 to $60. The cuts may reflect valuation or risk management rather than a change in the broader bullish view. Needham lowers VIAV price target
• Negative Sentiment: Valuation and insider selling remain risks. Commentary has raised valuation concerns following the rally, while reported insider activity shows 26 sales and no purchases over the past six months, including substantial selling by executives. These factors could limit further gains or increase volatility even as operating results improve. Viavi Solutions following earnings beat and guidance

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.