Viavi Solutions (NASDAQ:VIAV) Shares Gap Down Following Analyst Downgrade

Posted by Brian Himes on Nov 5th, 2026

Viavi Solutions Inc. (NASDAQ:VIAV – Get Free Report)’s share price gapped down prior to trading on Thursday after Needham & Company LLC lowered their price target on the stock from $60.00 to $53.00. The stock had previously closed at $29.38, but opened at $26.21. Needham & Company LLC currently has a buy rating on the stock. Viavi Solutions shares last traded at $25.3690, with a volume of 977,923 shares trading hands.

Other analysts have also recently issued reports about the company. Zacks Research cut 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 research note on Wednesday, September 23rd. Wall Street Zen lowered shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. Rosenblatt Securities reissued a “buy” rating and issued a $70.00 price target on shares of Viavi Solutions in a report on Wednesday, September 23rd. Finally, Weiss Ratings downgraded shares of Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 8th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.67.

Get Our Latest Report on VIAV

Insider Buying and Selling

In other Viavi Solutions news, EVP Ilan Daskal sold 56,290 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $36.29, for a total value of $2,042,764.10. Following the completion of the sale, the executive vice president directly owned 10,132 shares in the company, valued at $367,690.28. This represents a 84.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul McNab sold 11,032 shares of the firm’s stock in a transaction on 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 sale, the executive vice president directly owned 25,639 shares of the company’s stock, valued at $999,151.83. This trade represents a 30.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 199,694 shares of company stock valued at $7,976,233 over the last ninety days. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Viavi Solutions in the 2nd quarter valued at $1,228,529,000. Assenagon Asset Management S.A. boosted its stake in Viavi Solutions by 1,402.9% in the third quarter. Assenagon Asset Management S.A. now owns 5,639,752 shares of the communications equipment provider’s stock valued at $236,418,000 after acquiring an additional 5,264,496 shares in the last quarter. Granahan Investment Management LLC purchased a new position in shares of Viavi Solutions during the first quarter worth about $3,187,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Viavi Solutions during the first quarter worth about $3,048,000. Finally, Ma Investment Partnership LP increased its position in shares of Viavi Solutions by 150.0% during the first quarter. Ma Investment Partnership LP now owns 500,000 shares of the communications equipment provider’s stock worth $16,640,000 after purchasing an additional 300,000 shares in the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions Price Performance

The firm has a market capitalization of $6.20 billion, a PE ratio of -168.34 and a beta of 1.31. The company has a current ratio of 1.85, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27. The company has a fifty day moving average price of $37.12 and a two-hundred day moving average price of $38.55.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. The firm had revenue of $469.30 million for the quarter, compared to the consensus estimate of $455.06 million. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%. The firm’s quarterly revenue was up 56.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 EPS. Sell-side analysts forecast that Viavi Solutions Inc. will post 1.42 earnings per share for the current year.

About Viavi Solutions

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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.