Viavi Solutions (NASDAQ:VIAV) Issues Q3 2026 Earnings Guidance
by Doug Wharley · The Cerbat GemViavi Solutions (NASDAQ:VIAV – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.220-4.000 for the period, compared to the consensus estimate of 0.140. The company issued revenue guidance of $386.0 million-$400.0 million, compared to the consensus revenue estimate of $354.9 million.
Viavi Solutions Price Performance
VIAV traded up $0.33 during midday trading on Wednesday, reaching $21.03. 9,034,642 shares of the company’s stock were exchanged, compared to its average volume of 4,253,871. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 300.43 and a beta of 0.94. The company has a quick ratio of 1.74, a current ratio of 1.99 and a debt-to-equity ratio of 0.88. Viavi Solutions has a one year low of $8.10 and a one year high of $21.52. The business has a 50-day simple moving average of $18.09 and a two-hundred day simple moving average of $14.47.
Viavi Solutions (NASDAQ:VIAV – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The firm had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. During the same quarter in the previous year, the company posted $0.06 EPS. The business’s revenue for the quarter was up 25.6% compared to the same quarter last year. As a group, research analysts predict that Viavi Solutions will post 0.26 EPS for the current year.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. B. Riley increased their price target on Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday. Stifel Nicolaus upped their target price on shares of Viavi Solutions from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Rosenblatt Securities boosted their target price on Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Needham & Company LLC boosted their price objective on Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Seven investment 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.89.
Get Our Latest Stock Report on VIAV
Insider Buying and Selling
In related news, CEO Oleg Khaykin sold 68,810 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $17.77, for a total value of $1,222,753.70. Following the transaction, the chief executive officer owned 1,956,195 shares in the company, valued at approximately $34,761,585.15. This represents a 3.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eugenia Corrales sold 3,384 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $18.76, for a total value of $63,483.84. Following the completion of the sale, the director owned 3,384 shares of the company’s stock, valued at $63,483.84. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 606,226 shares of company stock worth $10,714,820 in the last 90 days. 1.80% of the stock is owned by corporate insiders.
Viavi Solutions News Summary
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Q2 results: VIAVI reported $0.22 EPS vs. $0.19 consensus, releasing a slide deck and press materials that accompanied the beat — the surprise lift in profit drove immediate buying interest. VIAVI Announces Second Quarter Fiscal 2026 Results
- Positive Sentiment: Analyst upgrade/price‑target increase: B. Riley raised VIAV’s price target (coverage noted) which helped lift sentiment and was cited in reports noting an analyst-driven rally. B. Riley Increases Viavi Solutions (NASDAQ:VIAV) Price Target to $22.00
- Positive Sentiment: Strategic narrative: Coverage highlights that VIAVI is “repositioning” its Edge platform as a core enterprise growth engine — a potential multi‑quarter growth story if adoption accelerates. Is Viavi Solutions (VIAV) Quietly Repositioning Its Edge Platform as a Core Enterprise Growth Engine?
- Neutral Sentiment: Analyst coverage roundup and outlook pieces provide mixed perspectives — some see upside from software/edge exposure while others flag execution risks; these pieces give context but not new catalyst. Viavi Solutions Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
- Neutral Sentiment: Momentum and retail attention: multiple news items explain today’s surge and high volume (roughly double average), suggesting short‑term momentum traders are active. Why is Viavi Solutions (VIAV) stock soaring today
- Negative Sentiment: Valuation and margin caution: VIAV trades at a high P/E and currently posts slim net margins (~1.3%), which raises downside risk if growth or margin improvement disappoints — keep an eye on guidance and margin trends in upcoming quarters.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Hancock Whitney Corp bought a new stake in Viavi Solutions in the third quarter valued at $320,000. Caxton Associates LLP acquired a new position in Viavi Solutions during the 3rd quarter worth approximately $299,000. Lido Advisors LLC boosted its holdings in Viavi Solutions by 3.0% in the third quarter. Lido Advisors LLC now owns 24,082 shares of the communications equipment provider’s stock worth $306,000 after acquiring an additional 697 shares in the last quarter. Entropy Technologies LP acquired a new position in shares of Viavi Solutions during the third quarter worth approximately $436,000. Finally, Boothbay Fund Management LLC lifted its holdings in shares of Viavi Solutions by 35.1% in the 2nd quarter. Boothbay Fund Management LLC now owns 40,890 shares of the communications equipment provider’s stock worth $412,000 after purchasing an additional 10,621 shares in the last quarter. 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.