Viavi Solutions Inc. saw its stock rise by 13.08% as it reached a 52-week high, reflecting strong investor confidence following its recent earnings report.
The company reported Q2 net revenue of $369.3 million, exceeding expectations with a 23.5% quarter-over-quarter increase and a 36.4% year-over-year rise, driven by robust demand in the data center and defense sectors. Additionally, the non-GAAP EPS of $0.22 marked a 46.7% increase from the previous quarter, further boosting investor sentiment. Viavi also announced a restructuring plan expected to incur $32 million in charges but aims for annual savings of about $30 million, enhancing operational efficiency.
With an optimistic outlook for Q3, projecting revenues between $386 million and $400 million, Viavi is well-positioned for continued growth in the test and measurement technology sector.
Wall Street analysts forecast VIAV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for VIAV is 19.56 USD with a low forecast of 17.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast VIAV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for VIAV is 19.56 USD with a low forecast of 17.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 24.700
Low
17.00
Averages
19.56
High
23.00
Current: 24.700
Low
17.00
Averages
19.56
High
23.00
Needham
Buy
maintain
$24 -> $28
2026-01-29
New
Reason
Needham
Price Target
$24 -> $28
AI Analysis
2026-01-29
New
maintain
Buy
Reason
Needham raised the firm's price target on Viavi to $28 from $24 and keeps a Buy rating on the shares. The company reported a solid earnings beat and raise as well as initiated a reduction-in-force aimed to achieve acquisition synergies and reduce expenses by about $30M per year, the analyst tells investors in a research note. Data Center is expected to sustain growth of about 20% forward while the balance of verticals should sustain 3%-5% growth, the firm added.
Susquehanna
Positive
maintain
$18 -> $25
2026-01-29
New
Reason
Susquehanna
Price Target
$18 -> $25
2026-01-29
New
maintain
Positive
Reason
Susquehanna raised the firm's price target on Viavi to $25 from $18 and keeps a Positive rating on the shares. The firm said they increased estimates following 2QFY26 (Dec-Q) results. In short, they think the EPS opportunity has now moved greater thangreater than $1.00, driven by the Spirent asset acquisitions and the inherent organic growth, and this is reflected in their updated FY27 model.
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Stifel
Buy
maintain
$20 -> $24
2026-01-29
New
Reason
Stifel
Price Target
$20 -> $24
2026-01-29
New
maintain
Buy
Reason
Stifel raised the firm's price target on Viavi to $24 from $20 and keeps a Buy rating on the shares after what the firm calls a "solid beat-and-raise" fiscal Q2 report.
B. Riley
NULL -> Buy
maintain
$22 -> $26
2026-01-29
New
Reason
B. Riley
Price Target
$22 -> $26
2026-01-29
New
maintain
NULL -> Buy
Reason
B. Riley raised the firm's price target on Viavi to $26 from $22 and keeps a Buy rating on the shares. Viavi reported a solid beat and raise quarter, and its recent acquisition of Spirent H-S Testing business solidifies its dominance in high-speed Ethernet validation, expanding its total addressable market as the industry moves toward these more complex, lower-latency architectures, the analyst tells investors in a research note.
About VIAV
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. The Company's segments include Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. Its solutions address lab and production environments, network management, service assurance and artificial intelligence for IT operations (AIOps) for any kind of network, including wireless, wireline, cloud, satellite, public safety, military and critical infrastructure. The OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture and sell technologies for the anti-counterfeiting, three-dimensional (3D) sensing, government and aerospace, automotive and industrial markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
