Viavi Solutions (NASDAQ:VIAV) Issues Q4 2026 Earnings Guidance

Viavi Solutions (NASDAQ:VIAV) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.290-0.310 for the period, compared to the consensus earnings per share estimate of 0.230. The company issued revenue guidance of $427.0 million-$437.0 million, compared to the consensus revenue estimate of $402.3 million.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VIAV. Stifel Nicolaus upped their price target on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Wall Street Zen lowered Viavi Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Needham & Company LLC upped their price target on Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. B. Riley Financial upped their price target on Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Rosenblatt Securities upped their price target on Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.88.

Viavi Solutions Stock Performance

NASDAQ VIAV traded up $2.36 during trading hours on Wednesday, hitting $45.53. The company had a trading volume of 7,491,854 shares, compared to its average volume of 5,639,401. Viavi Solutions has a fifty-two week low of $8.10 and a fifty-two week high of $48.89. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. The business has a fifty day simple moving average of $35.38 and a 200-day simple moving average of $24.47. The firm has a market cap of $10.54 billion, a P/E ratio of -252.93 and a beta of 0.85.

Viavi Solutions (NASDAQ:VIAV) last issued its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The firm had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.81 million. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Equities analysts predict that Viavi Solutions will post 0.64 EPS for the current year.

Insider Transactions at Viavi Solutions

In related news, SVP Gary W. Staley sold 24,237 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $23.93, for a total transaction of $579,991.41. Following the completion of the transaction, the senior vice president owned 136,267 shares of the company’s stock, valued at $3,260,869.31. This trade represents a 15.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Paul Mcnab sold 3,551 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $32.89, for a total value of $116,792.39. Following the transaction, the executive vice president directly owned 18,198 shares of the company’s stock, valued at $598,532.22. This represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 485,772 shares of company stock valued at $12,736,803 over the last three months. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VIAV. Arrowstreet Capital Limited Partnership boosted 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 valued at $84,258,000 after buying an additional 5,389,435 shares in the last quarter. Invesco Ltd. boosted its position 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 valued at $67,886,000 after purchasing an additional 2,045,702 shares during the period. Marshall Wace LLP boosted its position in shares of Viavi Solutions by 1,011.9% in the 4th quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after purchasing an additional 1,990,848 shares during the period. Loomis Sayles & Co. L P acquired a new position in shares of Viavi Solutions in the 4th quarter valued at $22,625,000. Finally, Millennium Management LLC boosted its position in shares of Viavi Solutions by 772.9% in the 3rd quarter. Millennium Management LLC now owns 1,163,336 shares of the communications equipment provider’s stock valued at $14,763,000 after purchasing an additional 1,030,071 shares during the period. Institutional investors 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.