Needham & Company LLC Has Lowered Expectations for Viavi Solutions (NASDAQ:VIAV) Stock Price

Posted by Stanley Muller on Nov 5th, 2026

Viavi Solutions (NASDAQ:VIAV – Get Free Report) had its target price reduced by equities researchers at Needham & Company LLC from $60.00 to $53.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC‘s price objective would suggest a potential upside of 80.39% from the company’s previous close.

A number of other analysts have also recently issued reports on VIAV. B. Riley Financial decreased their target price on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Zacks Research downgraded shares of Viavi Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Stifel Nicolaus set a $65.00 price target on shares of Viavi Solutions in a report on Wednesday, September 23rd. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a research note on Wednesday, September 23rd. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $59.67.

View Our Latest Stock Analysis on Viavi Solutions

Viavi Solutions Stock Down 2.2%

Viavi Solutions stock opened at $29.38 on Thursday. Viavi Solutions has a fifty-two week low of $15.51 and a fifty-two week high of $60.43. The firm has a market capitalization of $7.23 billion, a price-to-earnings ratio of -195.85 and a beta of 1.31. The stock’s fifty day moving average is $37.12 and its two-hundred day moving average is $38.55. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 1.85.

Viavi Solutions (NASDAQ:VIAV – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%. The company had revenue of $469.30 million during the quarter, compared to analysts’ expectations of $455.06 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The business’s revenue for the quarter was up 56.9% compared to the same quarter last year. Analysts predict that Viavi Solutions will post 1.42 EPS for the current fiscal year.

Insider Transactions at Viavi Solutions

In related news, Director Laura Black sold 71,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $46.12, for a total transaction of $3,274,520.00. Following the completion of the sale, the director directly owned 71,497 shares of the company’s stock, valued at $3,297,441.64. This represents a 49.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Paul McNab sold 11,032 shares of Viavi Solutions stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $38.97, for a total value of $429,917.04. Following the completion of the transaction, the executive vice president directly owned 25,639 shares in the company, valued at $999,151.83. This represents a 30.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 199,694 shares of company stock valued at $7,976,233. 1.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Viavi Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. New York Life Investment Management LLC increased its stake in shares of Viavi Solutions by 43.8% during the third quarter. New York Life Investment Management LLC now owns 40,419 shares of the communications equipment provider’s stock valued at $1,694,000 after buying an additional 12,303 shares during the period. M&G PLC bought a new stake in Viavi Solutions in the third quarter valued at $15,659,000. Retirement Systems of Alabama boosted its holdings in Viavi Solutions by 7.7% in the third quarter. Retirement Systems of Alabama now owns 283,880 shares of the communications equipment provider’s stock valued at $11,900,000 after acquiring an additional 20,326 shares in the last quarter. Brighton Jones LLC bought a new stake in Viavi Solutions in the third quarter valued at $210,000. Finally, Ethic Inc. purchased a new position in Viavi Solutions during the 3rd quarter valued at $789,000. Institutional investors 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: Viavi earned $0.47 per share, ahead of the roughly $0.41 consensus estimate and up from $0.15 a year earlier. Revenue reached $469.3 million, topping estimates of about $455 million and rising 56.9% year over year. VIAVI Announces First Quarter Fiscal 2027 Results
Positive Sentiment: The company authorized a $500 million share buyback, which may support demand for its stock and signals management’s willingness to return capital to shareholders. Viavi announces a $500 million equity buyback
Positive Sentiment: Viavi provided an optimistic revenue outlook for the next quarter, adding to the upbeat earnings report. Viavi reports bullish results and optimistic revenue guidance
Negative Sentiment: Despite the adjusted earnings beat, the supplied company metrics show a negative net margin, a reminder that profitability on a reported basis remains a concern.

Viavi Solutions Company Profile

(Get Free Report)

Viavi Solutions Inc (NASDAQ: VIAV) develops equipment, software and services used to test, monitor and secure communications networks. Its solutions support network operators, equipment manufacturers, government agencies and other organizations involved in the design, deployment and operation of wired and wireless networks.

The company’s products include fiber-optic and broadband test instruments, network performance and service-assurance software, optical spectrum analyzers, monitoring systems and tools for testing 5G and other advanced communications technologies.