Viavi Solutions (NASDAQ:VIAV) Shares Up 9.9% – Here’s Why

Posted by Geri Gentry on Nov 5th, 2026

Viavi Solutions Inc. (NASDAQ:VIAV – Get Free Report)’s stock price was up 9.9% on Tuesday. The stock traded as high as $30.44 and last traded at $30.56. 2,182,349 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 5,945,354 shares. The stock had previously closed at $27.80.

Viavi Solutions News Roundup

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

Positive Sentiment: Fiscal Q1 adjusted earnings of $0.47 per share beat estimates of about $0.41, while revenue of $469.3 million exceeded forecasts and rose 56.9% year over year. Reports also highlighted a 213.3% increase in earnings. VIAV Q1 Earnings Beat Estimates on Data Center, A&D Strength
Positive Sentiment: Management cited data-center and defense demand, expanding semiconductor testing opportunities, and expected sequential revenue gains through fiscal 2027. The company also announced a $500 million share buyback, which could support shareholder returns. VIAV Q1 Earnings Call Maps New Data Center Test Markets Viavi announces a $500 million equity buyback
Neutral Sentiment: Shares fell despite the earnings beat and positive outlook, so the reported operating results alone do not explain the market reaction. Viavi Solutions dropped: What is behind the move?
Negative Sentiment: Needham lowered its price target from $60 to $53, although it maintained a Buy rating. The reduced target may have weighed on sentiment. Needham analyst recommendations

Analyst Upgrades and Downgrades

VIAV has been the subject of several recent analyst reports. 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. Rosenblatt Securities reaffirmed a “buy” rating and set a $70.00 price target on shares of Viavi Solutions in a report on Wednesday, September 23rd. Weiss Ratings downgraded Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, September 8th. Needham & Company LLC decreased their price objective on Viavi Solutions from $60.00 to $53.00 and set a “buy” rating for the company in a report on Thursday. Finally, B. Riley Financial lowered their target price on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $59.67.

Check Out Our Latest Report on Viavi Solutions

Viavi Solutions Stock Down 10.5%

The stock’s 50-day moving average is $36.87 and its 200-day moving average is $38.59. The stock has a market cap of $6.47 billion, a P/E ratio of 109.59 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.

Viavi Solutions (NASDAQ:VIAV – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. The company had revenue of $469.30 million for the quarter, compared to the consensus estimate of $455.06 million. Viavi Solutions had a net margin of 3.97% and a return on equity of 27.07%. Viavi Solutions’s revenue was up 56.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 EPS. As a group, research analysts anticipate that Viavi Solutions Inc. will post 1.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Viavi Solutions

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

Institutional Trading of Viavi Solutions

Large investors have recently added to or reduced their stakes in the business. Lisanti Capital Growth LLC lifted its position in shares of Viavi Solutions by 52.3% during the 3rd quarter. Lisanti Capital Growth LLC now owns 99,440 shares of the communications equipment provider’s stock valued at $4,169,000 after acquiring an additional 34,165 shares during the last quarter. Jefferies Financial Group Inc. boosted its stake in shares of Viavi Solutions by 264.7% during the 3rd quarter. Jefferies Financial Group Inc. now owns 78,405 shares of the communications equipment provider’s stock worth $3,287,000 after acquiring an additional 56,909 shares in the last quarter. Illinois Municipal Retirement Fund bought a new stake in shares of Viavi Solutions during the 3rd quarter worth $1,200,000. Knights of Columbus Asset Advisors LLC grew its holdings in shares of Viavi Solutions by 11.2% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 61,478 shares of the communications equipment provider’s stock worth $2,577,000 after acquiring an additional 6,206 shares during the last quarter. Finally, New York Life Investment Management LLC grew its holdings in shares of Viavi Solutions by 43.8% in the 3rd quarter. New York Life Investment Management LLC now owns 40,419 shares of the communications equipment provider’s stock worth $1,694,000 after acquiring an additional 12,303 shares during the last quarter. 95.54% of the stock is currently owned by institutional investors.

About Viavi Solutions

(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.