VIAV Stock - Viavi Solutions Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.08B | $1.00B | $1.11B | $1.29B | $1.20B |
| Gross Profit | $616.30M | $569.60M | $630.10M | $763.80M | $681.10M |
| Gross Margin | 56.8% | 56.9% | 57.0% | 59.1% | 56.8% |
| Operating Income | $70.90M | $43.00M | $99.10M | $185.20M | $135.90M |
| Net Income | $34.80M | $-25,800,000 | $25.50M | $15.50M | $67.50M |
| Net Margin | 3.2% | -2.6% | 2.3% | 1.2% | 5.6% |
| EPS | $0.16 | $-0.12 | $0.11 | $0.07 | $0.30 |
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, original equipment manufacturers, government, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, consumer and industrial, government, automotive, and industrial markets. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1923 and is headquartered in Scottsdale, Arizona.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 30th 2025 | B. Riley Securities | Upgrade | Buy | $18 |
| September 2nd 2025 | Morgan Stanley | Upgrade | Equal Weight | $11 |
| August 8th 2025 | Susquehanna | Upgrade | Positive | $15 |
| March 7th 2025 | Rosenblatt | Upgrade | Buy | $14 |
| January 31st 2025 | Needham | Upgrade | Buy | $15 |
| December 17th 2024 | Morgan Stanley | Downgrade | Underweight | $9.5← $8 |
| November 19th 2024 | UBS | Initiation | Neutral | $10.6 |
| June 26th 2024 | Rosenblatt | Downgrade | Neutral | $8.25 |
| May 3rd 2024 | Susquehanna | Downgrade | Neutral | $9 |
| February 12th 2024 | Stifel | Upgrade | Buy | $13← $10 |
| December 2nd 2022 | Stifel | Initiation | Hold | $12 |
| November 4th 2022 | B. Riley Securities | Downgrade | Neutral | $14.5← $21 |
| October 6th 2022 | Rosenblatt | Initiation | Buy | $18 |
| July 19th 2022 | Needham | Downgrade | Hold | - |
Earnings History & Surprises
VIAVEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Jan 29, 2026 | $0.19 | — | — | — |
Q4 2025 | Oct 29, 2025 | $0.13 | $0.15 | +15.4% | ✓ BEAT |
Q3 2025 | Aug 7, 2025 | $0.12 | $0.13 | +8.3% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $0.12 | $0.15 | +25.0% | ✓ BEAT |
Q1 2025 | Jan 30, 2025 | $0.10 | $0.13 | +30.0% | ✓ BEAT |
Q4 2024 | Oct 31, 2024 | $0.06 | $0.06 | 0.0% | = MET |
Q3 2024 | Aug 8, 2024 | $0.07 | $0.08 | +14.3% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $0.07 | $0.06 | -14.3% | ✗ MISS |
Q1 2024 | Feb 1, 2024 | $0.08 | $0.11 | +37.5% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $0.10 | $0.09 | -10.0% | ✗ MISS |
Q3 2023 | Aug 10, 2023 | $0.08 | $0.10 | +25.0% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $0.09 | $0.08 | -11.1% | ✗ MISS |
Q1 2023 | Feb 2, 2023 | $0.11 | $0.14 | +27.3% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $0.23 | $0.23 | 0.0% | = MET |
Q3 2022 | Aug 11, 2022 | $0.23 | $0.24 | +4.3% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $0.21 | $0.22 | +4.8% | ✓ BEAT |
Q1 2022 | Feb 3, 2022 | $0.19 | $0.24 | +26.3% | ✓ BEAT |
Q4 2021 | Nov 4, 2021 | $0.21 | $0.24 | +14.3% | ✓ BEAT |
Q3 2021 | Aug 12, 2021 | $0.19 | $0.22 | +15.8% | ✓ BEAT |
Latest News
Stifel Maintains Buy on Viavi Solutions, Raises Price Target to $20
📈 PositiveViavi Solutions and QNu Labs Join Forces to Build Quantum-Safe Security Tools for Future-Proof Networks
📈 PositiveVIAVI Selected By US Department Of Transportation To Test SecureTime GEO L And SecurePNT Technologies Against Global Positioning System Interference
📈 PositiveArgus Research Maintains Buy on Viavi Solutions, Raises Price Target to $23
📈 PositiveUBS Maintains Neutral on Viavi Solutions, Raises Price Target to $17
➖ NeutralViavi Solutions pops as B. Riley upgrades after strong Q1 results, guidance
📈 PositiveViavi Solutions shares are trading higher after the company reported Q1 results above estimates and issued Q2 guidance above expectations.
📈 PositiveNeedham Maintains Buy on Viavi Solutions, Raises Price Target to $20
📈 PositiveRosenblatt Maintains Buy on Viavi Solutions, Raises Price Target to $19
📈 PositiveViavi Solutions Sees Q2 Adj EPS $0.18-$0.20 vs $0.15 Est; Sees Sales $360.000M-$370.000M vs $301.821M Est
📈 PositiveViavi Solutions Q1 Adj. EPS $0.15 Beats $0.13 Estimate, Sales $299.100M Beat $294.351M Estimate
📈 PositiveStifel Reiterates Buy on Viavi Solutions, Raises Price Target to $15
📈 PositiveVIAVI (NASDAQ: VIAV) Debuts ONE-1600ER, Expands ONE LabPro 1.6Tb Testing With 802.3dj 8x200G; Enhances MAP-300 For AI-Scale Networks
📈 PositiveVIAVI Launches New Handheld Testers To Speed Up Multi-Gig Fiber, WiFi 7, And DOCSIS Service Activation
📈 PositiveVIAVI Partnership With CrowdStrike Combines Network Performance Intelligence And Threat Intelligence To Accelerate NetSecOps Convergence For Global Organizations
📈 PositiveFrequently Asked Questions about VIAV
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