Viavi Solutions (NASDAQ:VIAV) Price Target Cut to $60.00 by Analysts at Needham & Company LLC

Viavi Solutions (NASDAQ:VIAV) had its price objective reduced by equities researchers at Needham & Company LLC from $68.00 to $60.00 in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC’s target price suggests a potential upside of 54.24% from the company’s current price.

VIAV has been the topic of several other research reports. Wall Street Zen upgraded shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $70.00 price target on shares of Viavi Solutions in a research report on Wednesday, June 10th. Weiss Ratings downgraded Viavi Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 16th. UBS Group increased their price target on Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Finally, B. Riley Financial boosted their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Six investment 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 presently has an average rating of “Moderate Buy” and a consensus target price of $45.88.

Viavi Solutions Price Performance

NASDAQ VIAV opened at $38.90 on Thursday. The firm has a market capitalization of $9.10 billion, a price-to-earnings ratio of -162.08 and a beta of 1.21. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. The company has a 50 day simple moving average of $44.54 and a 200-day simple moving average of $38.81. Viavi Solutions has a 52-week low of $9.92 and a 52-week high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.04. The business had revenue of $443.10 million during the quarter, compared to analyst estimates of $432.62 million. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.Viavi Solutions’s quarterly revenue was up 52.5% compared to the same quarter last year. During the same period last year, the company earned $0.13 earnings per share. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Equities research analysts predict that Viavi Solutions will post 0.73 earnings per share for the current fiscal year.

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, CEO Oleg Khaykin sold 136,547 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $51.82, for a total value of $7,075,865.54. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jefferies Financial Group Inc. acquired a new stake in Viavi Solutions in the 4th quarter valued at $1,803,000. Phocas Financial Corp. acquired a new stake in shares of Viavi Solutions in the 4th quarter valued at $3,772,000. Jackson Creek Investment Advisors LLC bought a new stake in shares of Viavi Solutions in the 4th quarter worth about $1,887,000. Tensor Edge Capital LLC bought a new position in Viavi Solutions during the 4th quarter valued at about $2,673,000. Finally, Intech Investment Management LLC boosted its position in Viavi Solutions by 29.1% in the fourth quarter. Intech Investment Management LLC now owns 109,258 shares of the communications equipment provider’s stock valued at $1,947,000 after buying an additional 24,638 shares in the last quarter. 95.54% of the stock is owned by institutional investors.

Viavi Solutions News Roundup

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

• Positive Sentiment: Viavi reported adjusted earnings of $0.34 per share, exceeding the $0.30 consensus estimate, while revenue reached $443.1 million versus expectations of $432.6 million. Revenue increased 52.5% year over year, reflecting strong demand for the communications-equipment provider’s products. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Profitability improved sharply: gross profit rose 60.1% to $261.7 million and operating profit climbed roughly 301% to $61.3 million. Cash and equivalents totaled $647.8 million, supporting financial flexibility. Viavi Solutions Q4 2026 Earnings
• Positive Sentiment: Fiscal Q1 2027 guidance was well above consensus, with adjusted EPS forecast at $0.40–$0.42 versus the $0.27 estimate and revenue projected at $450 million–$460 million versus $433.2 million. Management is also targeting a $500 million quarter during calendar 2027. Viavi Anticipates Q1 FY2027 EPS and Revenue Growth
• Negative Sentiment: Investor reaction may reflect profit-taking after a major run-up and concerns about valuation, with the stock trading below its 50-day average. QuiverQuant also reported 26 insider sales and no insider purchases over the past six months, including substantial sales by executives; that pattern can weigh on sentiment even though it does not necessarily indicate deteriorating fundamentals.
• Neutral Sentiment: Analyst price targets remain broadly bullish, with a reported median of $66, but the large gap between targets and the current trading level may have raised the market’s expectations for continued execution.

About Viavi Solutions

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.