Viavi Solutions (NASDAQ:VIAV) Price Target Raised to $25.00

Viavi Solutions (NASDAQ:VIAVFree Report) had its price target raised by Susquehanna from $18.00 to $25.00 in a research report released on Thursday,Benzinga reports. They currently have a positive rating on the communications equipment provider’s stock.

A number of other brokerages have also commented on VIAV. Needham & Company LLC lifted their price target on shares of Viavi Solutions from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday. UBS Group lifted their target price on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Argus boosted their target price on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Finally, Rosenblatt Securities lifted their price objective on Viavi Solutions from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.13.

View Our Latest Research Report on VIAV

Viavi Solutions Stock Down 1.0%

Viavi Solutions stock opened at $24.46 on Thursday. Viavi Solutions has a 12 month low of $8.10 and a 12 month high of $24.99. The stock has a fifty day simple moving average of $18.53 and a two-hundred day simple moving average of $14.72. The company has a current ratio of 2.61, a quick ratio of 1.74 and a debt-to-equity ratio of 1.46. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of -135.88 and a beta of 0.94.

Viavi Solutions (NASDAQ:VIAVGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company had revenue of $369.30 million for the quarter, compared to analysts’ expectations of $365.25 million. During the same period last year, the firm posted $0.13 earnings per share. Viavi Solutions’s revenue was up 36.4% compared to the same quarter last year. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Equities analysts predict that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Activity at Viavi Solutions

In other news, SVP Kevin Christopher Siebert sold 24,225 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $18.26, for a total value of $442,348.50. Following the transaction, the senior vice president owned 49,225 shares of the company’s stock, valued at $898,848.50. This trade represents a 32.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Keith Barnes sold 121,467 shares of Viavi Solutions stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $18.18, for a total value of $2,208,270.06. Following the transaction, the director directly owned 27,213 shares in the company, valued at approximately $494,732.34. The trade was a 81.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 606,226 shares of company stock valued at $10,714,820 in the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Several large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares in the last quarter. Johnson Financial Group Inc. bought a new position in Viavi Solutions in the 3rd quarter worth $44,000. Covestor Ltd boosted its holdings in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after buying an additional 676 shares during the period. Nisa Investment Advisors LLC increased its stake in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares in the last quarter. Finally, ST Germain D J Co. Inc. raised its holdings in Viavi Solutions by 92,963.6% during the fourth quarter. ST Germain D J Co. Inc. now owns 10,237 shares of the communications equipment provider’s stock valued at $182,000 after acquiring an additional 10,226 shares during the period. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Viavi Solutions News Roundup

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

About Viavi Solutions

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Viavi Solutions (NASDAQ:VIAV)

Receive News & Ratings for Viavi Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viavi Solutions and related companies with MarketBeat.com's FREE daily email newsletter.