Viavi Solutions (NASDAQ:VIAV) Given New $28.00 Price Target at Needham & Company LLC

Viavi Solutions (NASDAQ:VIAV) had its price target raised by investment analysts at Needham & Company LLC from $24.00 to $28.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC’s target price indicates a potential upside of 33.14% from the company’s previous close.

A number of other research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. B. Riley raised their target price on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday. Rosenblatt Securities boosted their price target on Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Finally, UBS Group lifted their target price on Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.78.

Viavi Solutions Trading Up 1.6%

Shares of NASDAQ:VIAV opened at $21.03 on Thursday. The business’s 50-day moving average is $18.18 and its 200 day moving average is $14.52. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.99 and a quick ratio of 1.74. Viavi Solutions has a 1 year low of $8.10 and a 1 year high of $21.52. The firm has a market capitalization of $4.69 billion, a P/E ratio of 300.43 and a beta of 0.94.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $369.30 million for the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The company’s revenue was up 36.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, research analysts predict that Viavi Solutions will post 0.26 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Ilan Daskal sold 170,000 shares of Viavi Solutions stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $17.49, for a total transaction of $2,973,300.00. Following the completion of the transaction, the executive vice president directly owned 10,132 shares in the company, valued at approximately $177,208.68. This trade represents a 94.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Oleg Khaykin sold 68,810 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $17.77, for a total transaction of $1,222,753.70. Following the sale, the chief executive officer directly owned 1,956,195 shares in the company, valued at $34,761,585.15. The trade was a 3.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 606,226 shares of company stock valued at $10,714,820 over the last 90 days. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. GAMMA Investing LLC grew its position in shares of Viavi Solutions by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after acquiring an additional 825 shares during the period. Johnson Financial Group Inc. acquired a new stake in Viavi Solutions in the third quarter valued at approximately $44,000. Covestor Ltd increased its position in shares of Viavi Solutions by 22.9% in the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after buying an additional 676 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Viavi Solutions by 32.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after buying an additional 898 shares in the last quarter. Finally, Swiss Life Asset Management Ltd acquired a new position in shares of Viavi Solutions during the 3rd quarter worth approximately $133,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions News Summary

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

• Positive Sentiment: Q2 results beat consensus — Viavi reported $0.22 EPS vs. $0.19 expected and revenue of $369.3M (up 36.4% YoY), demonstrating stronger-than-forecast growth that supports upside to near-term earnings momentum. Viavi Q2 Earnings and Call
• Positive Sentiment: Management raised Q3 fiscal 2026 guidance — Viavi issued substantially higher revenue guidance ($386M–$400M vs. consensus ≈ $355M) and an EPS range that exceeds Street expectations, signaling confidence in sustained demand and giving analysts cover to raise estimates. VIAVI Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: Analyst upgrade and higher price target — B. Riley raised its price target to $22 and coverage/upgrade activity has prompted buying interest; the market reaction (shares moved up after the upgrade) reinforces short-term positive technical momentum. B. Riley Increases Viavi Price Target Stock Up After Analyst Upgrade
• Positive Sentiment: New product from Inertial Labs (a Viavi company) — Launch of IRINS, a LEO‑aided inertial navigation system, expands Viavi’s addressable markets (defense, aerospace, secure timing/positioning) and showcases product diversification beyond test & measurement and optical/network solutions. Inertial Labs Launches IRINS
• Neutral Sentiment: Earnings call transcript and slide deck available — Investors can review management commentary and slides (channel mix, margin outlook, backlog) for detail; these materials will determine whether beat/guidance translate to sustainable margin expansion. Q2 2026 Earnings Call Transcript VIAVI Q2 Press Release / Slides
• Neutral Sentiment: Analyst/industry pieces note strategic repositioning — Coverage (Yahoo, Benzinga) discusses Viavi shifting its edge/platform strategy and potential upside to future earnings; useful for thematic longer-term thesis but not immediate catalysts. Yahoo: Quietly Repositioning Its Edge Platform Benzinga: Earnings Potential

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.