Viavi Solutions Inc. (VIAV) Stock Price & Analysis
Viavi Solutions Inc. (VIAV) closed at USD 30.3 on Thursday, October 22, 2026, down 14.38% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 35.39; the Oct 22, 2026 session ranged USD 29.68–33.43 on volume of 7,920,958 shares. Market capitalization is $7.45B, with a 52-week range of USD 13.23–60.43 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:25 UTC.
Also available as compact Markdown for AI agents: nexqual.com/VIAV.md
Key facts (VIAV)
- Last four reported quarters (through Jun 27, 2026): revenue $1.52B, net income -$30.4M (-2.0% margin), free cash flow $82.8M (SEC filings).
- 1 of 80 tracked superinvestors hold VIAV (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (8 analysts), mean target USD 61.43 (range 44–70).
- Total return with dividends: 1Y +125.8% vs S&P 500 +14.9%; 5Y +97.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.41, revenue estimate $455M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (VIAV)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.11B | $1.00B | $1.08B | $1.52B | $1.52B |
| Gross profit | $774M | $639M | $576M | $621M | $875M | — |
| Operating income | $185M | $82.4M | $20.8M | $57.5M | $105M | $105M |
| Net income | $15.5M | $25.5M | -$25.8M | $34.8M | -$30.4M | -$30.4M |
| EPS (diluted) | $0.07 | $0.11 | -$0.12 | $0.15 | -$0.13 | — |
| Free cash flow | $106M | $63.0M | $96.9M | $62.0M | $82.8M | $82.8M |
| Gross margin | 59.8% | 57.8% | 57.6% | 57.3% | 57.7% | — |
| Operating margin | 14.3% | 7.4% | 2.1% | 5.3% | 6.9% | 6.9% |
| Net margin | 1.2% | 2.3% | -2.6% | 3.2% | -2.0% | -2.0% |
| Revenue growth | +7.8% | -14.4% | -9.6% | +8.4% | +40.0% | — |
| Cash + short-term investments | $561M | $521M | $491M | $425M | $650M | — |
| Total debt | $685M | $726M | $636M | $643M | $642M | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 27, 2026) (VIAV)
P/S 4.9x · EV/EBITDA 51.2x · EV/Sales 4.9x · P/FCF 90.0x · P/B 5.1x · FCF yield 1.11% · Earnings yield -0.41% · Buyback yield (TTM) 0.40% · Net cash $7.9M · EV $7.44B
P/E at fiscal year-ends: Jun 2025 65.3x.
Superinvestors (SEC 13F-HR, Q2 2026) (VIAV)
1 of 80 tracked investors hold VIAV. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.02% | $10.2M | Reduced -62.0% |
Analysts (VIAV)
Consensus Buy (mean 2.00 on a 1–5 scale), 8 analysts; mean target USD 61.43 (low 44, high 70).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-23 | Rosenblatt | Maintained | Buy | $70 |
| 2026-08-19 | Rosenblatt | Maintained | Buy | $70 |
| 2026-08-06 | UBS | Target lowered | Neutral | $60 → $44 |
| 2026-08-06 | Stifel | Target raised | Buy | $60 → $65 |
| 2026-08-06 | B. Riley Securities | Target lowered | Buy | $63 → $60 |
| 2026-08-06 | Rosenblatt | Maintained | Buy | $70 |
| 2026-08-06 | Needham | Target lowered | Buy | $68 → $60 |
| 2026-07-01 | Susquehanna | Target raised | Positive | $65 → $66 |
Total return (dividends reinvested) (VIAV)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +125.8% | +97.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +126.4% | +14.5% |
| Volatility (annualized) | 79.1% | 45.8% |
| Max drawdown | -45.2% (May 2026→Oct 2026) | -61.0% (Dec 2021→Jun 2024) |
VIAV analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.41 | $0.28 | +45.4% | $455.1M | 7 |
| Next quarter (ends Dec 2026) | $0.40 | $0.32 | +28.2% | $467.6M | 7 |
| Current fiscal year (ends Jun 2027) | $1.64 | $1.24 | +32.3% | $1.89B | 8 |
| Next fiscal year (ends Jun 2028) | $1.95 | $1.83 | +6.5% | $2.14B | 7 |
Key Statistics (as of October 23, 2026 at 09:25 UTC)
| Price | USD 30.3 |
|---|---|
| Change | ▼ 14.38% (down) |
| Previous Close | USD 35.39 |
| Open | USD 33.4 |
| Day Range | USD 29.68 – 33.43 |
| 52-Week Range | USD 13.23 – 60.43 |
| Volume | 7,920,958 shares |
| Market Cap | $7.45B |
| Exchange | NMS |
Technical Analysis (VIAV)
Nexqual's technical model rates VIAV "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:25 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33.14 (neutral) |
| vs SMA50 | Below (USD 38.81) |
| MACD | -1.57 (negative) |
Analyst Ratings (VIAV)
Wall Street analysts rate VIAV "Buy" based on 8 analysts, with a mean price target of USD 61.43 (range USD 44–70), per Nexqual as of October 23, 2026 at 09:25 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 61.43 |
| High Target | USD 70 |
| Low Target | USD 44 |
| Buy / Hold / Sell | 7 / 1 / 0 |
Earnings (VIAV)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.41 |
| Revenue Estimate | $455.06M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.34 vs est 0.3 ▲ beat |
| 2026-03-31 | USD 0.27 vs est 0.23 ▲ beat |
| 2025-12-31 | USD 0.22 vs est 0.19 ▲ beat |
| 2025-09-30 | USD 0.15 vs est 0.13 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Financials & Fundamentals (VIAV)
| Total Revenue | $1.52B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +52.50% |
| Gross Margin | +60.89% |
| Operating Margin | +14.31% |
| Profit Margin | -2.00% |
| ROE | -2.73% |
| Debt / Equity | 0.48 |
| Current Ratio | 1.85 |
| Total Cash | $649.80M |
| Total Debt | $698.80M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $82.80M (5.5% of revenue) |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Financial Health Score (VIAV)
Nexqual rates Viavi Solutions Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:25 UTC.
| Growth | Strong — Revenue +40% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 61%, operating 14% (last 12 months) |
| Balance Sheet | Solid — $650M cash and investments vs $642M debt (Jun 2026, SEC), net cash |
| Cash Flow | Solid — FCF $83M (last 4 quarters to Jun 2026, SEC), 5% margin |
| Efficiency | Critical — ROE -3%, ROA 4.6% |
Ownership (VIAV)
| Insider Ownership | +1.20% |
|---|---|
| Institutional Ownership | +102.15% |
| Shares Outstanding | 245.92M |
| Float | 243.47M |
| Short % of Float | +5.38% |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Leadership (VIAV)
Viavi Solutions Inc. is led by Oleg Khaykin, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:25 UTC.
| President, CEO & Director | Oleg Khaykin |
|---|---|
| Executive VP & CFO | Ilan Daskal |
| EVP, Chief Marketing & Strategy Officer | Paul McNab |
| Senior Vice President of Global Sales, Network and Service Enablement | Gary W. Staley |
| Director of Investor Relations | Vibhuti Nayar |
Major Backers & Investors (VIAV)
Notable institutional backers of Viavi Solutions Inc. include Price (T.Rowe) Associates Inc, Jane Street Group, LLC, Capital Group, according to Nexqual as of October 23, 2026 at 09:25 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 4.53% |
| Jane Street Group, LLC | 3.78% |
| Capital Group | 3.72% |
| SmallCap World Fund Inc | 3.61% |
| Whale Rock Capital Management LLC | 2.8% |
| Assenagon Asset Management S.A. | 2.29% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.46% |
| Vanguard Group | 9.97% |
| State Street | 3.16% |
| Geode Capital | 2.31% |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| VSAT | ViaSat, Inc. | USD 59 | ▼ 5.74% |
| AAOI | Applied Optoelectronics, Inc. | USD 68.07 | ▼ 11.96% |
| BDC | Belden Inc | USD 103.46 | ▼ 4.01% |
| ASTS | AST SpaceMobile, Inc. | USD 38.77 | ▼ 5.21% |
| ONDS | Ondas Inc | USD 6.02 | ▼ 3.99% |
| ZBRA | Zebra Technologies Corporation | USD 384.16 | ▼ 1.75% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:25 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt