Viavi Solutions FY2027 EPS Lifted by Northland Securities

Viavi Solutions Inc. (NASDAQ:VIAV) – Northland Securities raised their FY2027 earnings per share estimates for Viavi Solutions in a research note issued on Monday, April 20th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings per share of $1.04 for the year, up from their prior estimate of $0.80. The consensus estimate for Viavi Solutions’ current full-year earnings is $0.64 per share. Northland Securities also issued estimates for Viavi Solutions’ Q4 2027 earnings at $0.30 EPS.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company’s revenue for the quarter was up 36.4% compared to the same quarter last year. During the same period last year, the firm earned $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS.

A number of other equities analysts also recently commented on VIAV. Needham & Company LLC lifted their target price on Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Rosenblatt Securities lifted their target price on Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Wall Street Zen downgraded Viavi Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Susquehanna lifted their target price on Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research note on Thursday, January 29th. Finally, Stifel Nicolaus lifted their target price on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Six equities 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Viavi Solutions Stock Up 0.1%

NASDAQ:VIAV opened at $44.31 on Thursday. The company has a market capitalization of $10.25 billion, a price-to-earnings ratio of -246.15 and a beta of 0.85. Viavi Solutions has a one year low of $8.10 and a one year high of $46.06. The stock has a 50-day simple moving average of $33.84 and a 200 day simple moving average of $23.47. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61.

Hedge Funds Weigh In On Viavi Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC boosted 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 buying an additional 394 shares during the period. Lido Advisors LLC boosted its position in shares of Viavi Solutions by 2.0% during the fourth quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider’s stock worth $438,000 after buying an additional 473 shares during the period. Maryland State Retirement & Pension System boosted its position in shares of Viavi Solutions by 1.5% during the fourth quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider’s stock worth $580,000 after buying an additional 478 shares during the period. Covestor Ltd increased its holdings in shares of Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Viavi Solutions by 1.6% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 51,094 shares of the communications equipment provider’s stock valued at $910,000 after purchasing an additional 800 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Viavi Solutions news, SVP Gary W. Staley sold 24,237 shares of Viavi Solutions stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $23.93, for a total value of $579,991.41. Following the completion of the transaction, the senior vice president directly owned 136,267 shares in the company, valued at $3,260,869.31. The trade was a 15.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Oleg Khaykin sold 74,315 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total value of $1,967,861.20. Following the completion of the transaction, the chief executive officer owned 1,849,437 shares of the company’s stock, valued at approximately $48,973,091.76. The trade was a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 485,772 shares of company stock valued at $12,736,803. 1.80% of the stock is currently owned by insiders.

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.