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Viavi Solutions Inc.

VIAV · NASDAQ

Market closed$38.16$1.23 (+3.33%)After hours $38.10 · -0.16%

Key statistics

Previous close$36.93
Open$35.79
Day high$38.66
Day low$34.83
52-week high$60.43
52-week low$9.62
Market cap9.41B
Volume7.46M
Average volume7.40M
P/E ratio49.56
Forward P/E20.71
EPS0.77
Dividend yield0.00%

Market context

Why it moved

VIAV surged following a blowout fiscal Q3 earnings beat, with revenue and EPS both exceeding Wall Street estimates, accompanied by strong Q4 guidance and a wave of bullish analyst price target upgrades driven by AI infrastructure expansion tailwinds.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Viavi Solutions rebounded sharply, recovering from a steep pullback earlier in the week when shares slid roughly 8% following the company's announcement of its August 5 fiscal Q4 and full-year 2026 earnings date. The bounce comes alongside a Zacks outlook highlighting Viavi as a top communication components pick poised to benefit from 5G deployment and fiber densification, and follows a July 14 announcement that VIAVI joined the EU-funded SHIELD-6G consortium, receiving $1.1M to advance AI-driven security testing for future 6G networks. Investor focus remains squarely on the upcoming August 5 earnings report, where management guided for Q4 revenue of $427M–$437M and non-GAAP EPS of $0.29–$0.31.

3.3306

July 17, 2026Viavi Solutions tumbled sharply, pressured by a confluence of sector-wide AI/tech selling and pre-earnings profit-taking ahead of its August 5 fiscal Q4 results announcement. Semiconductor and AI-linked stocks faced broad selling pressure Thursday as investors questioned stretched valuations, dragging the XLK tech ETF modestly lower even as the broader Nasdaq declined. Adding to the headwinds, peer Ericsson's recent earnings miss — citing rising AI component costs and weaker network sales — cast a shadow over the communication equipment space. Despite Viavi's strong fundamental backdrop, including a Q3 revenue beat of $406.8M (+43% YoY), bullish analyst targets, and a fresh $1.1M EU SHIELD-6G consortium win, shares pulled back sharply, continuing a streak of profit-taking after a ~190% YTD surge entering this week.

-7.9511

July 16, 2026Viavi Solutions fell sharply, giving back gains as AI hardware stocks broadly sold off, with Dell tumbling 14% and peers like HPE and Super Micro also sliding. The decline came despite a bullish Zacks outlook naming Viavi among top communication components stocks poised to benefit from 5G and fiber densification, and ahead of its fiscal Q4 2026 earnings release scheduled for August 5. Peer Ericsson's 12% plunge following weak quarterly results and warnings of rising AI-driven component cost inflation added further pressure to the communications equipment space.

-4.1338

July 15, 2026Viavi Solutions closed higher, buoyed by a high-profile EU funding win: the company was awarded $1.1 million to join the SHIELD-6G consortium — alongside Ericsson, Nokia, and Telefónica — to develop AI-driven security testing and digital twins for future 6G networks. The announcement reinforced investor enthusiasm around Viavi's expanding role in next-generation connectivity infrastructure, complementing its recently launched µPNT GDO-1000 precision timing module and a Zacks upgrade citing 300%+ one-year returns and upward earnings revisions.

2.2727

July 14, 2026Viavi Solutions shares tumbled roughly 5% Monday, underperforming the broader tech sector as a confluence of macro headwinds weighed on the communication equipment space. Renewed U.S.-Iran military strikes sent oil prices surging and triggered a broad chip and tech selloff, with the Nasdaq falling nearly 1% and the XLK technology ETF also declining. The pullback comes after a remarkable run — VIAV had surged ~190% year-to-date following a blowout Q3 earnings beat in late April, where revenue rose 43% and analysts at Rosenblatt and B. Riley raised price targets citing AI-driven optical infrastructure demand. Some consolidation may reflect broader investor caution ahead of a critical earnings week, with TSMC and major banks set to report.

-5.0139

July 11, 2026Viavi Solutions edged higher, building on the prior session's 5.4% surge driven by accelerating AI data center interconnect demand. Susquehanna raised its price target to $66 (from $60) on July 1, citing a stronger ramp in DCI deployments at key customers Nokia and Ciena — the latter of which itself surged 8.8% on strong earnings — directly boosting demand for Viavi's Field Instrument testing tools. While valuation debate persists, analysts see 39% revenue growth and ~98% EPS growth for 2026, with BlackRock disclosing a fresh 9.5% ownership stake.

0.4664

July 10, 2026Viavi Solutions surged over 5% as investor enthusiasm builds around accelerating AI data center interconnect (DCI) demand and strong fundamental momentum. Susquehanna raised its price target to $66 from $60, citing stronger-than-expected ramp in DCI deployments at key customers Nokia and Ciena — the latter itself surged 8.8% on the day — while Viavi's Q3 non-GAAP operating income nearly doubled year-over-year to $85.5 million. Hedge fund Whale Rock Capital holds a $115M stake, and BlackRock recently disclosed a 9.5% ownership position, underscoring broad institutional conviction despite some valuation concerns.

5.3563

July 9, 2026Viavi Solutions closed modestly higher, outperforming a tech sector weighed down by chip-stock volatility and geopolitical risk. Investors responded positively to fresh coverage highlighting the company's strong operating margin growth — non-GAAP operating income nearly doubled year-over-year to $85.5 million — and a Zacks analysis comparing Viavi favorably to Nokia as an AI networking play. Whale Rock Capital's disclosed stake further underscored institutional interest, even as notable insider selling and valuation concerns flagged by GuruFocus kept sentiment in check.

1.1934

Simply Wall Street · July 17, 2026Is Viavi (VIAV) Using SHIELD-6G To Quietly Reposition Its Role In 6G Security Testing?SC Media · July 16, 2026Viavi Solutions awarded $1.1 million for 6G security projectInvesting.com · July 16, 2026Top Applied Tech Stocks: Stifel Highlights CIEN and VIAV OpportunitiesTradingView · July 15, 2026VIAVI Announces Date for Fiscal Fourth Quarter and Fiscal Year 2026 Financial ResultsStock Titan · July 15, 2026VIAVI to discuss fiscal 2026 results after market close Aug. 5PR Newswire · July 14, 2026VIAVI Joins EU-Funded SHIELD-6G Consortium to Advance AI-Driven Security Testing for Future 6G NetworksMoomoo · July 1, 2026SIG Maintains Viavi Solutions(VIAV.US) With Buy Rating, Raises Target Price to $66TradingView · May 5, 2026Why Viavi Solutions (VIAV) Stock Is Up Today
Mt Newswire · July 14, 2026Viavi Solutions Wins $1.1 Million EU Funding for 6G Security Project
Benzinga · July 14, 2026VIAVI Solutions Awarded $1.1M From The European Smart Networks And Services Joint Undertaking And Horizon Europe To Advance The SHIELD-6G Project
Benzinga · July 1, 2026Susquehanna Maintains Positive on Viavi Solutions, Raises Price Target to $66
Mt Newswire · June 23, 2026Viavi Solutions Launches AI Network Validation Solution for Ultra Ethernet Fabrics
Benzinga · June 23, 2026VIAVI Solutions Launches Ultra Ethernet Transport Validation Solution For AI Fabrics, Targeting Hyperscalers, Cloud & Neocloud Providers, And Network Equipment Makers
Mt Newswire · June 18, 2026Viavi Solutions Says Xgig Platform Approved for PCIe Compliance Testing Globally
Mt Newswire · June 15, 2026Viavi Solutions Introduces Upgrade for CX300 Communications Service Monitor
Benzinga · June 15, 2026VIAVI Adds TETRA Radio Testing Option to CX300 Monitor, Upgrade Speeds Testing for Mission-Critical Radios

Peers

S&P 500SPX · $7,457.69-1.01%Keysight Technologies, Inc.KEYS · $315.90+1.00%Teradyne, Inc.TER · $322.36+0.02%NetScout Systems, Inc.NTCT · $41.30+1.13%Corning IncGLW · $154.58-2.41%Ciena CorporationCIEN · $374.41-3.70%Lumentum Holdings Inc.LITE · $732.82+3.77%Cisco Systems, Inc.CSCO · $111.94+2.08%Motorola Solutions, Inc.MSI · $413.31-0.21%Agilent Technologies, Inc.A · $131.46-3.41%Extreme Networks, Inc.EXTR · $30.34+1.95%Viasat, Inc.VSAT · $71.48+4.03%