Viavi Solutions (NASDAQ:VIAV) Updates Q1 2027 Earnings Guidance

Viavi Solutions (NASDAQ:VIAV) updated its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.400-0.420 for the period, compared to the consensus estimate of 0.270. The company issued revenue guidance of $450.0 million-$460.0 million, compared to the consensus revenue estimate of $433.2 million.

Analyst Ratings Changes

A number of brokerages have recently commented on VIAV. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. B. Riley Financial lowered their target price on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday. Susquehanna increased their target price on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a research note on Wednesday, July 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a report on Thursday. Finally, Weiss Ratings cut 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 assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Viavi Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.88.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV traded up $1.69 on Thursday, hitting $40.59. The company had a trading volume of 6,987,041 shares, compared to its average volume of 6,347,823. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. The company has a market cap of $9.49 billion, a PE ratio of -169.12 and a beta of 1.21. Viavi Solutions has a 52-week low of $10.02 and a 52-week high of $60.43. The business has a 50 day moving average of $44.54 and a 200 day moving average of $38.81.

Viavi Solutions (NASDAQ:VIAV) last announced its earnings results 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. The firm had revenue of $443.10 million during the quarter, compared to the consensus estimate of $432.62 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm’s revenue for the quarter was up 52.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, equities analysts anticipate that Viavi Solutions will post 0.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Viavi Solutions news, CEO Oleg Khaykin sold 136,547 shares of the 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 of the company’s stock, valued at $61,603,512.36. This represents a 10.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.80% of the company’s stock.

Trending Headlines about Viavi Solutions

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

• Positive Sentiment: Viavi reported fiscal Q4 EPS of $0.34, exceeding the $0.30 consensus estimate, while revenue rose 52.5% year over year to $443.1 million, ahead of expectations for $432.6 million. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management guided for fiscal Q1 2027 EPS of $0.40-$0.42 and revenue of $450 million-$460 million, well above analyst expectations of $0.27 EPS and $433.2 million in revenue. The outlook reflects strength in data-center, aerospace and defense markets. Viavi Anticipates Q1 FY2027 EPS of $0.40-$0.42
• Positive Sentiment: Profitability improved sharply, with operating profit up more than 300% year over year and cash and equivalents reaching approximately $648 million, strengthening the company’s financial flexibility.
• Positive Sentiment: Stifel raised its VIAV price target to $65 and maintained a “buy” rating, while Rosenblatt reaffirmed its “buy” rating with a $70 target. Analyst Price Target Updates
• Neutral Sentiment: Needham and B. Riley reduced their price targets to $60, though both retained “buy” ratings. UBS cut its target to $44 and shifted to “neutral,” highlighting valuation concerns despite the improved outlook.
• Negative Sentiment: Recent trading data cited in the reports showed company insiders selling shares without reported purchases over the past six months, which may temper enthusiasm among some investors.

Hedge Funds Weigh In On Viavi Solutions

Hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in Viavi Solutions by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock valued at $86,875,000 after acquiring an additional 231,570 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Viavi Solutions by 431.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock worth $84,258,000 after acquiring an additional 5,389,435 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Viavi Solutions by 116.0% in the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock worth $67,886,000 after purchasing an additional 2,045,702 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Viavi Solutions by 65.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,195,062 shares of the communications equipment provider’s stock valued at $39,116,000 after purchasing an additional 869,465 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in Viavi Solutions by 1,011.9% in the fourth quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after buying an additional 1,990,848 shares during the period. Institutional investors and hedge funds own 95.54% of the company’s stock.

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.