Viavi Solutions (VIAV)

• Market cap: $2.28B
• 1 day: 1.79%
• 5 days: 4.50%
• 1 month: -2.85%
• 3 months: 9.54%
• 6 months: 31.03%
• Year to date: 1.19%
• 1 year: 4.39%
• 5 years: -34.82%
• 10 years: -22.69%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Viavi Solutions Inc. is a global 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 revenue from the United States.

Employees: 3,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6,309% more call options, than puts

Call options by funds: $2.24M | Put options by funds: $35K

29% more capital invested

Capital invested by funds: $1.46B [Q2] → $1.88B (+$425M) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 101

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

9% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 46

1.03% less ownership

Funds ownership: 95.01% [Q2] → 93.99% (-1.03%) [Q3]

3% less funds holding

Funds holding: 314 [Q2] → 306 (-8) [Q3]

Research analyst outlook

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

• Low target: $9.50 7% downside
• Avg. target: $11.12 9% upside
• High target: $13 27% upside

5 analyst ratings

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

Morgan Stanley Meta Marshall 80% 1-year accuracy 20 / 25 met price target	7% downside $9.50	Underweight Downgraded	17 Dec 2024
Stifel Ruben Roy 74% 1-year accuracy 23 / 31 met price target	17% upside $12	Buy Maintained	16 Dec 2024
UBS Andrew Spinola 0 / 0 met price target	4% upside $10.60	Neutral Initiated	19 Nov 2024
Northland Capital Markets Tim Savageaux 62% 1-year accuracy 16 / 26 met price target	27% upside $13	Outperform Maintained	1 Nov 2024
Rosenblatt Mike Genovese 81% 1-year accuracy 29 / 36 met price target	3% upside $10.50	Neutral Maintained	1 Nov 2024