Viavi Solutions (VIAV)

• Market cap: $2.11B
• 1 day: -0.42%
• 5 days: 3.62%
• 1 month: -5.97%
• 3 months: -22.22%
• 6 months: -6.06%
• Year to date: -6.44%
• 1 year: 23.21%
• 5 years: -11.52%
• 10 years: 51.44%
• Sector: Technology
• Industry: Communication Equipment

About: Viavi Solutions Inc. is an international provider of network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of its revenue from the United States. Additionally, it manufactures and sells optical filters for 3D sensing products that allow facial recognition security authentication for mobile devices.

Employees: 3,600

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

2,546% more call options, than puts

Call options by funds: $4.68M | Put options by funds: $177K

16% more capital invested

Capital invested by funds: $1.88B [Q3] → $2.17B (+$297M) [Q4]

14% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 92

12% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 42

2.68% more ownership

Funds ownership: 93.73% [Q3] → 96.41% (+2.68%) [Q4]

1% more funds holding

Funds holding: 307 [Q3] → 310 (+3) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $8 15% downside
• Avg. target: $11.70 24% upside
• High target: $15 59% upside

5 analyst ratings

• positive: 2 40%
• neutral: 2 40%
• negative: 1 20%

UBS Andrew Spinola 0 / 0 met price target	16% upside $11	Neutral Maintained	2 May 2025
B. Riley Securities Dave Kang 67% 1-year accuracy 6 / 9 met price target	16% upside $11	Neutral Maintained	2 May 2025
Rosenblatt Mike Genovese 56% 1-year accuracy 28 / 50 met price target	43% upside $13.50	Buy Maintained	2 May 2025
Needham Ryan Koontz 52% 1-year accuracy 55 / 106 met price target	59% upside $15	Buy Reiterated	2 May 2025
Morgan Stanley Meta Marshall 77% 1-year accuracy 27 / 35 met price target	15% downside $8	Underweight Maintained	8 Apr 2025