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VIAV

Viavi Solutions Inc.

VIAV

NASDAQ·Technology·Communication Equipment·Mkt cap $11.6B

$41.66

▼ -11.49%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$9.62 - $60.43

P/E

-169.90

Fwd P/E

32.54

Beta

1.19

Div Yield

0.00%

Avg Vol

7.7M

Shares Out

231.4M

Mkt Cap

$11.6B

Price action

Price chart

Up 353.5% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

5 reasons

  • Comprehensive end-to-end network solutions spanning design, deployment, and optimization phases
  • Established 100+ year operational history with deep customer relationships across telecom, enterprise, and government sectors
  • Integrated portfolio combining hardware instruments, software platforms, and professional services creating switching costs
  • Specialized expertise in optical security and performance products serving niche high-value markets
  • Global scale and distribution capabilities serving customers across multiple continents
▼

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Telecom Equipment peers

Growth

Turning profitable

5G network deployment and upgrade cycles requiring advanced testing and certification solutions

Value

Premium valuation to Telecom Equipment peers

Momentum

Hot

+27.6% over 3m

Quality

Strong

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 6, 2026

“
Q2 26 RECAP

APR 29, 2026

Reported EPS of $0.27 vs $0.24 consensus (+12.5% surprise). Revenue of $406.8M vs $393.8M expected (+3.3%). Beat on both top and bottom lines.

EPS beat +12.5%
Rev beat +3.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+12.5%

Next: Aug 6, 2026

Revenue trend · last 8Q

—

—

+6%

+16%

+15%

+26%

+36%

+43%

Q4 24

Q1 24

Q2 24

Q3 25

Q4 25

Q1 25

Q2 25

Q3 26

$252.0M

$238.2M

$270.8M

$284.8M

$290.5M

$299.1M

$369.3M

$406.8M

Margins · last 8Q

Gross

55.7%

Operating

10.3%

Profit

1.6%

View full earnings history →

Wall Street consensus

6 analysts · 83% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

83%

Hold

1

17%

Sell

0%

Median Price Target

$50.00

▲ +20.0% vs $41.66

Low $50.00
Median $50.00
High $50.00

Latest: Susquehanna · Jul 1, 2026

1 analyst covering

View full analyst page →

vs Industry

How VIAV stacks vs Communication Equipment

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.