Viavi Solutions Inc. (VIAV) Stock: Price, Forecast & Analyst Target
Viavi Solutions Inc. (VIAV) — MoonshotScore 13/100 (Weak band), calculated Oct 9, 2026. Price $44.09 (-4.71%), as of the Oct 8, 2026 trading session; market cap $10.8B. Expected results Oct 28, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 16.62× (market value Oct 8, 2026; cash Jun 27, 2026) · expected results Oct 28, 2026
Viavi Solutions Inc. · VIAV · NASDAQ · Technology · Communication Equipment
Research dated 2026-09-13: Viavi Solutions sells instruments, software, embedded systems and support that help network operators and equipment makers build, certify, monitor and troubleshoot communications infrastructure; it also supplies optical technologies for security and performance applications. Sales have accelerated sharply, but durable operating profit and cash generation have yet to advance in step. Whether those economics catch up with the higher revenue base now matters most.
Price as of Oct 8, 2026
Key Statistics
MoonshotScore v2 · Viavi Solutions (VIAV)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
A strained balance sheet and an expensive valuation, though quality is only middling; the market is already moving on it. Business Quality: Average; Financial Safety: Strained; Valuation: Rich; Growth Durability: Growing; Momentum: Surging.
- quarterly revenue $443M (Q4 FY2026, quarter ended Jun 2026)
- EPS beat 7 of 8
- Altman Z -29.72 · Piotroski F 5
Holding back: balance-sheet strain, a rich price
Helping: positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 13 | Weak | |
| 13 | Weak | |
| 13 | Weak | |
| 13 | Weak | |
| 13 | Weak | |
| 13 | Weak |
The score was 13 in the stored Oct 7, 2026 snapshot and remains 13 in the current publication computed Oct 9, 2026 (0); the largest pillar moves were Momentum -5 and Valuation +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value |
|---|---|
| Latest provided price | $44.09 |
| Change on the day | -4.71% |
| 52-week range | $12.23–$60.43 |
| Market capitalisation | $10.8B |
| Price / earnings (trailing) | 36.84 |
| Shares traded on the day | 4.28M |
| Beta (volatility vs the S&P 500) | 1.23 |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
For the first fiscal quarter of 2027, we expect Viavi revenue in the range of $450 million and $460 million. We expect NSE revenue between $360 million and $368 million.
Ilan Daskal · Statement from
Moving on to our guidance for the first quarter of fiscal year 2027.
Ilan Daskal · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Viavi Solutions (VIAV): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 28, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 9, 2026, except a card that shows its own read date.
Watch the VIAV film — every key number, told as a short cinematic story
~2 min · open the film
What is Viavi Solutions (VIAV), and what does it report?
Short answer · as of
Viavi earns revenue when telecommunications providers, cloud operators, enterprises, equipment manufacturers, governments and aviation customers buy tools and services for network deployment, maintenance, assurance and optimization.
Research dated 2026-09-13.
Viavi earns revenue when telecommunications providers, cloud operators, enterprises, equipment manufacturers, governments and aviation customers buy tools and services for network deployment, maintenance, assurance and optimization. Its optical operations serve a separate demand pool spanning anti-counterfeiting, automotive, government, consumer and industrial applications.
Operating descriptions separate Network Enablement, Service Enablement, and Optical Security and Performance Products, while revenue reporting groups sales as Product and Service. Product shipments dominate that mix, so the reported numbers measure hardware and optical demand much more heavily than recurring service activity.
What do the latest results show for Viavi Solutions (VIAV)?
Short answer · as of
The most recent reported quarter, Q4 FY2026, carried revenue of $443M.
Research dated 2026-09-13.
The latest period extended an uninterrupted sequence of sequential revenue gains across the displayed history. Gross profit and net income increased, and the company again exceeded consensus revenue and earnings expectations; operating income nevertheless retreated as selling, general and administrative expense jumped.
Management expects revenue to rise again and indicates that Network and Service Enablement should provide most of the guided sales. That outlook continues the recent direction, but the latest expense movement shows why higher revenue alone does not establish stronger operating economics.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $443.10M Jun 27, 2026
- Latest quarter · R&D
- $69.80M Jun 27, 2026
- Latest quarter · SG&A
- $157.70M Jun 27, 2026
- Latest quarter · FMP standardized operating result
- $11.00M Jun 27, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 27, 2026 | $443.10M | $69.80M | $157.70M | $11.00M |
| Mar 28, 2026 | $406.80M | $71.00M | $113.60M | $42.10M |
| Dec 27, 2025 | $369.30M | $65.90M | $108.50M | $29.90M |
| Sep 27, 2025 | $299.10M | $56.00M | $89.40M | $22.10M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $443.10M Aug 5, 2026
- Latest report · revenue estimate
- $432.62M Aug 5, 2026
- Latest report · revenue vs estimate
- Above estimate Aug 5, 2026
- Latest report · EPS vs estimate
- Above estimate Aug 5, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 5, 2026 | $443.10M | $432.62M | $0.3400 | $0.2979 |
| Apr 29, 2026 | $406.80M | $393.80M | $0.2700 | $0.2400 |
| Jan 28, 2026 | $369.30M | $365.25M | $0.2200 | $0.1900 |
| Oct 29, 2025 | $299.10M | $301.82M | $0.1500 | $0.1300 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q4 FY2026 | $443M | $33M | $0.15 (diluted) |
| Q3 FY2026 | $407M | $6M | $0.03 (diluted) |
| Q2 FY2026 | $369M | -$48M | -$0.21 (diluted) |
| Q1 FY2026 | $299M | -$21M | -$0.10 (diluted) |
What are the financial strengths and risks for Viavi Solutions (VIAV)?
Short answer
Cash and short-term investments were $649.80M at the Jun 27, 2026 balance-sheet date. Operating cash flow was $66.70M for the quarter ended Jun 27, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-13.
Cash and investments sit just below total debt, leaving modest net debt rather than a large balance-sheet cushion. Short-term liquidity ratios remain above parity, but the trailing net margin is negative and the distress screen flashes a pronounced warning.
Cash generation has been uneven: operating cash flow turned negative before rebounding strongly in the latest period, while capital spending remained comparatively contained. A slowdown in network deployment, certification or maintenance purchases would strike a revenue base dominated by products, and weaker shipment volume could expose the cost structure before service revenue could offset it.
Data-derived red flags
- Financial-distress signal — its Altman Z-Score of -29.72 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-3.2%) — the business is not currently generating profit on shareholder capital.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $66.70M Jun 27, 2026
- Previous quarter · operating cash flow
- −$26.30M Mar 28, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 27, 2026 | $66.70M | −$11.10M |
| Mar 28, 2026 | −$26.30M | −$5.90M |
| Dec 27, 2025 | $42.50M | −$5.60M |
| Sep 27, 2025 | $31.00M | −$8.50M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Viavi Solutions (VIAV)?
Short answer · as of
The next earnings report is expected on Oct 28, 2026.
Research dated 2026-09-13.
Management’s guided range implies another sequential revenue increase and sits close to the analyst expectation for the scheduled release. Watch whether reported sales remain within that range and whether Network and Service Enablement supplies the anticipated weight.
Operating leverage is the sharper test. Revenue and gross profit recently rose while operating income fell, so selling and administrative expense must settle relative to gross profit for the sales recovery to improve underlying economics. Operating cash flow should also remain positive after its rebound; another reversal would reinforce the pattern of volatile conversion.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
For the first fiscal quarter of 2027, we expect Viavi revenue in the range of $450 million and $460 million. We expect NSE revenue between $360 million and $368 million.
Ilan Daskal ·
Moving on to our guidance for the first quarter of fiscal year 2027.
Ilan Daskal ·
How does Viavi Solutions compare with its peers?
Short answer
Viavi Solutions's score ranks 6th of 6 in the bounded comparison shown, against 5 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-13.
Viavi is not chiefly a maker of communications infrastructure in the conventional sense. It sells the instruments, software and embedded systems used to design, deploy, certify and diagnose that infrastructure, and network equipment manufacturers themselves are among its customers.
The optical security and performance operation adds exposure to anti-counterfeiting, automotive, government and industrial applications that a network-testing specialist would not ordinarily carry. Even with that breadth, the revenue mix remains product-heavy, making shipment demand more consequential than the service component.
| Company | Price | Market value | Score |
|---|---|---|---|
| $107.94 Oct 8, 2026 | $4.22B | 68 5-pillar Oct 9, 2026 | |
| $262.32 Oct 8, 2026 | $11.9B | 65 5-pillar Oct 9, 2026 | |
| $133.51 Oct 9, 2026 | $15.6B | 64 5-pillar Oct 9, 2026 | |
| $261.38 Oct 8, 2026 | $6.99B | 64 5-pillar Oct 9, 2026 | |
| $99.24 Oct 9, 2026 | $8.14B | 39 5-pillar Oct 9, 2026 | |
| Viavi Solutions (VIAV) — this page | $44.09 | $10.8B | 13 |
| $67.41 Date unavailable | $9.29B | — Model unavailable | |
| $382.14 Date unavailable | $18.2B | — Model unavailable | |
| $189.33 Date unavailable | $5.78B | — Model unavailable | |
| $56.93 Date unavailable | $23.2B | — Model unavailable | |
| $9.50 Date unavailable | $31.2B | — Model unavailable | |
| $6.66 Date unavailable | $3.80B | — Model unavailable | |
| $37.14 Date unavailable | $3.17B | — Model unavailable |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $50.00 – $66.00
- Consensus target
- $60.25
- Median target
- $62.50
Consensus record · Captured .
Measured against a quoted price of $44.09 (as of Oct 8, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 23, 2026
- Transactions
- 100
- Identified insiders
- 7
- Purchases
- 0
- Sales
- 6
- Other transactions
- 94
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Reporting holders
- 596 Period end Jun 30, 2026
- Previous quarter · holders
- 497 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 25,728,357 |
| Vanguard Portfolio Management LLC | 13,615,684 |
| Price T Rowe Associates INC /Md/ | 11,131,777 |
| Vanguard Capital Management LLC | 10,903,636 |
| Jane Street Group, LLC | 9,293,469 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Viavi Solutions (VIAV)?
VIAV Technology Stock FAQ
Research dated 2026-09-13; the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
What does Viavi Network Enablement actually sell?
Network Enablement supplies instruments, software and support used to design, deploy, activate, certify, troubleshoot and optimize communications and safety networks. Repair, calibration, integration, training and consulting extend the relationship beyond the original equipment sale.
How important are products versus services at Viavi?
Products account for the clear majority of reported revenue, while services form a much smaller component. Viavi should therefore be assessed primarily as a shipment-driven supplier rather than as a service-led recurring-revenue business.
What makes Viavi optical security business different from its network operations?
Optical Security and Performance Products serves anti-counterfeiting, automotive, government, consumer and industrial uses rather than focusing on network construction and assurance. It gives Viavi a demand stream with different end markets from its telecommunications tools.
Which signs would validate Viavi recent sales acceleration?
Continued sequential revenue growth within management’s guidance would sustain the top-line pattern. Stronger operating income and consistently positive operating cash flow would show that the added sales are translating into better economics.
What is the VIAV stock price today?
The last price recorded on this page for Viavi Solutions Inc. (VIAV) is $44.09, as of the Oct 8, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the VIAV price target?
The analyst consensus price target for Viavi Solutions Inc. (VIAV) is $60.25 (range $50.00 to $66.00, median $62.50), per FMP data captured Oct 9, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (82 figures)
The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Ilan Daskal (Aug 5, 2026): For the first fiscal quarter of 2027, we expect Viavi revenue in the range of $450 million and $460 million. We expect NSE revenue between $360 million and $368 million. Ilan Daskal (Aug 5, 2026): Moving on to our guidance for the first quarter of fiscal year 2027. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 1445 South Spectrum Blvd., Suite 102, Chandler, AZ, 85286 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1445 South Spectrum Blvd, Chandler, AZ, 85286, US". The FMP company description names Scottsdale, Arizona as the headquarters; this page uses the address in this row. |
FMP — 72 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Oct 28, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $44.09 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-08T22:34:29.994Z. | |
px.change | Change on the day | -4.71% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalization | $10.8B | FMP | Financial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-08. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$2.18 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q4 FY2026 | $443M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $12.23–$60.43 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 36.84 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 4.28M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.23 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Oleg Khaykin | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 4,100 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2022 through FY2026: FY2022 revenue $1.29B, net result $15.50M; FY2023 revenue $1.11B, net result $25.50M; FY2024 revenue $1.00B, net result −$25.80M; FY2025 revenue $1.08B, net result $34.80M; FY2026 revenue $1.52B, net result −$30.40M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Product $1.32B · Service $193.70M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 57.7% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-27.revenue_k | Revenue — period end 2026-06-27 | $443.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-27.rd_k | R&D — period end 2026-06-27 | $69.80M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-27.sga_k | SG&A — period end 2026-06-27 | $157.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-27.operating_result_k | FMP standardized operating result — period end 2026-06-27 | $11.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-28.revenue_k | Revenue — period end 2026-03-28 | $406.80M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-28.rd_k | R&D — period end 2026-03-28 | $71.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-28.sga_k | SG&A — period end 2026-03-28 | $113.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-28.operating_result_k | FMP standardized operating result — period end 2026-03-28 | $42.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.revenue_k | Revenue — period end 2025-12-27 | $369.30M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.rd_k | R&D — period end 2025-12-27 | $65.90M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.sga_k | SG&A — period end 2025-12-27 | $108.50M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.operating_result_k | FMP standardized operating result — period end 2025-12-27 | $29.90M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-27.revenue_k | Revenue — period end 2025-09-27 | $299.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-27.rd_k | R&D — period end 2025-09-27 | $56.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-27.sga_k | SG&A — period end 2025-09-27 | $89.40M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-27.operating_result_k | FMP standardized operating result — period end 2025-09-27 | $22.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-08-05.revenue_actual | Revenue · reported — report date 2026-08-05 | $443.10M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-05.revenue_estimated | Revenue · estimate — report date 2026-08-05 | $432.62M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-05.eps_actual | EPS · reported — report date 2026-08-05 | $0.3400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-05.eps_estimated | EPS · estimate — report date 2026-08-05 | $0.2979 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.revenue_actual | Revenue · reported — report date 2026-04-29 | $406.80M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.revenue_estimated | Revenue · estimate — report date 2026-04-29 | $393.80M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.eps_actual | EPS · reported — report date 2026-04-29 | $0.2700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.eps_estimated | EPS · estimate — report date 2026-04-29 | $0.2400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.revenue_actual | Revenue · reported — report date 2026-01-28 | $369.30M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.revenue_estimated | Revenue · estimate — report date 2026-01-28 | $365.25M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.eps_actual | EPS · reported — report date 2026-01-28 | $0.2200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.eps_estimated | EPS · estimate — report date 2026-01-28 | $0.1900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-29.revenue_actual | Revenue · reported — report date 2025-10-29 | $299.10M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-29.revenue_estimated | Revenue · estimate — report date 2025-10-29 | $301.82M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-29.eps_actual | EPS · reported — report date 2025-10-29 | $0.1500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-29.eps_estimated | EPS · estimate — report date 2025-10-29 | $0.1300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q4 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $649.80M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $66.70M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-27. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $10.10M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $698.80M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 6.96× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-27.operating_cash_flow_m | Operating cash flow — period end 2026-06-27 | $66.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-28.operating_cash_flow_m | Operating cash flow — period end 2026-03-28 | −$26.30M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-27.capex_m | Capital expenditure (reported) — period end 2026-06-27 | −$11.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-28.capex_m | Capital expenditure (reported) — period end 2026-03-28 | −$5.90M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-27.operating_cash_flow_m | Operating cash flow — period end 2025-12-27 | $42.50M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-27.capex_m | Capital expenditure (reported) — period end 2025-12-27 | −$5.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-27.operating_cash_flow_m | Operating cash flow — period end 2025-09-27 | $31.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-27.capex_m | Capital expenditure (reported) — period end 2025-09-27 | −$8.50M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $50.00 – $66.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 9, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $60.25 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 9, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $62.50 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 9, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 100 transactions · 0 purchases, 6 sales, 94 other transactions · 7 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 23, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.holders | Reporting holders | 596 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 497 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 25,728,357 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 13,615,684 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Price T Rowe Associates INC /Md/ — shares in provider snapshot | 11,131,777 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Vanguard Capital Management LLC — shares in provider snapshot | 10,903,636 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Jane Street Group, LLC — shares in provider snapshot | 9,293,469 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 7 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-04 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z -29.72 · Piotroski F 5 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-08 · Expired observation | |
fin.ratios | Return and yield ratios (trailing twelve months) | ROE -3.2% · ROA -1.1% · current ratio 1.85 · earnings yield -0.3% · free-cash-flow yield 0.7% | — | UNRECORDED | Stored key metrics — Date unknown |
COMPUTED — 3 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 16.62× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $649.80M at Jun 27, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-08. Balance-sheet reference date: 2026-06-27. The inputs do not establish a single common source date for this ratio. |
earn.history.depth.2026-08-05.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($443.10M) with the recorded estimate ($432.62M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-08-05.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.3400) with the recorded estimate ($0.2979) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 13 of 100 · Weak · pillars 51 / 26 / 24 / 60 / 86 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 13 (stored snapshot Oct 7, 2026) → 13 (current publication computed Oct 9, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-27. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-27.revenue_k,fin.q_table.depth.2026-06-27.rd_k,fin.q_table.depth.2026-06-27.sga_k,fin.q_table.depth.2026-06-27.operating_result_k,fin.q_table.depth.2026-03-28.revenue_k,fin.q_table.depth.2026-03-28.rd_k,fin.q_table.depth.2026-03-28.sga_k,fin.q_table.depth.2026-03-28.operating_result_k,fin.q_table.depth.2025-12-27.revenue_k,fin.q_table.depth.2025-12-27.rd_k,fin.q_table.depth.2025-12-27.sga_k,fin.q_table.depth.2025-12-27.operating_result_k,fin.q_table.depth.2025-09-27.revenue_k,fin.q_table.depth.2025-09-27.rd_k,fin.q_table.depth.2025-09-27.sga_k,fin.q_table.depth.2025-09-27.operating_result_k. - Earnings-history note. Source series as of 2026-08-05. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-05.revenue_actual,earn.history.depth.2026-08-05.revenue_estimated,earn.history.depth.2026-08-05.revenue_actual.comparison,earn.history.depth.2026-08-05.eps_actual.comparison,earn.history.depth.2026-08-05.eps_actual,earn.history.depth.2026-08-05.eps_estimated,earn.history.depth.2026-04-29.revenue_actual,earn.history.depth.2026-04-29.revenue_estimated,earn.history.depth.2026-04-29.eps_actual,earn.history.depth.2026-04-29.eps_estimated,earn.history.depth.2026-01-28.revenue_actual,earn.history.depth.2026-01-28.revenue_estimated,earn.history.depth.2026-01-28.eps_actual,earn.history.depth.2026-01-28.eps_estimated,earn.history.depth.2025-10-29.revenue_actual,earn.history.depth.2025-10-29.revenue_estimated,earn.history.depth.2025-10-29.eps_actual,earn.history.depth.2025-10-29.eps_estimated. - Cash-flow note. Source series as of 2026-06-27. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-27.operating_cash_flow_m,fin.opcf.depth.2026-03-28.operating_cash_flow_m,fin.opcf.depth.2026-06-27.capex_m,fin.opcf.depth.2026-03-28.capex_m,fin.opcf.depth.2025-12-27.operating_cash_flow_m,fin.opcf.depth.2025-12-27.capex_m,fin.opcf.depth.2025-09-27.operating_cash_flow_m,fin.opcf.depth.2025-09-27.capex_m.
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Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Legal name | VIAVI SOLUTIONS INC. Our market-data provider lists the name as "Viavi Solutions Inc."; the filer's own record is used here. | 2026-08-13 | OFFICIAL | SEC EDGAR — 10-K filed 2026-08-13 |
| Ticker / exchange | VIAV on Nasdaq | 2026-09-13 | OFFICIAL | SEC EDGAR filer record |
| Business description | Viavi Solutions Inc. offers a comprehensive suite of solutions for network testing, monitoring, and assurance to a global customer base. These clients include telecommunication service providers, businesses, manufacturers of network equipment, original equipment manufacturers, governmental organizations, and the aviation industry. The company's operations are divided into three core segments: 1. Network Enablement (NE): This division focuses on providing tools for the construction and upkeep of network infrastructure. It supplies instruments, software, and associated services crucial for the design, deployment, activation, certification, troubleshooting, and optimization of networks. This also encompasses specialized instrumentation for communication and safety. Additionally, the segment delivers professional support, including repair, calibration, software assistance, technical help, comprehensive system integration projects (with project management, installation, and implementation), and various training and consulting services. 2. Service Enablement (SE): This segment empowers communication service providers, enterprises, and cloud operators with embedded systems and enterprise performance management solutions. These offerings grant critical visibility into network, service, and application data. Utilizing instruments, microprobes, and software, Viavi monitors, collects, and analyzes network data to reveal the true customer experience and identify potential new revenue streams and avenues for network optimization. 3. Optical Security and Performance Products (OSP): This segment develops and supplies advanced optical products catering to diverse markets such as anti-counterfeiting, consumer and industrial goods, government applications, and the automotive sector. Founded in 1923, Viavi Solutions Inc. was previously known as JDS Uniphase Corporation until it adopted its current name in August 2015. The company's headquarters are located in Scottsdale, Arizona. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-27 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-27 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Sector / industry (provider taxonomy) | Technology / Communication Equipment The company's SEC filings classify it under SIC 3674 — Semiconductors & Related Devices. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Product: $1.32B; Service: $193.70M | 2026-06-27 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2026-06-27 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-08-05 | FMP | Financial Modeling Prep (FMP) earnings |
| Management outlook — dated call excerpts | Captured record · 2 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-08-05 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Most recent periodic reports | 2026-08-13 | OFFICIAL | SEC EDGAR filer submissions | |
| Cash, investments and debt | Total debt: $698.80M; Liquidity basis: cash and short-term investments; Total liabilities: $1.26B; Cash and short-term investments: $649.80M; Cash and investments: $659.90M; Long-term investments: $10.10M; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-27 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $659.90M; Cash and short-term investments: $649.80M; Long-term investments: $10.10M; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-27 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-27 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2026-06-27; Cash basis: cash and short-term investments; Net cash: -$49.00M; Total debt: $698.80M; Cash and investments: $649.80M Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-27 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 1.62; Current ratio: 1.85; Debt to equity: 0.48; Net margin: -2%; Gross margin: 57.7%; Operating margin: 6.9%; Return on assets: -1.1%; Return on equity: -3.2% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: -30.53; Piotroski F-score: 5 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-10-28; EPS estimate: $0.37 per share; Revenue estimate: $455.06M The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-13 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.
ETFs that hold VIAV
Funds in our ETF coverage that list VIAV among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| AFSM ETF | 0.85% |