NASDAQ: VIAV

Viavi Solutions (VIAV) Stock Analysis & Forecast

Sep 28 close

$40.87+0.19 (+0.5%)

Gekko Brief

AI summary

Viavi Solutions rides an eight day winning streak this week, gaining 20% and adding roughly $1.7 billion in market value to reach about $9.7 billion. The move follows completion of Level 2 CMMC cybersecurity certification for its aerospace and defense product lines, strengthening its standing as a secure supplier to the U.S., alongside strong demand for its 5G and fiber-optic testing solutions and an expanded data center test portfolio positioned for 1.6T-3.2T networking and AI infrastructure. Broader market tailwinds, including easing Treasury yields, and positive analyst revisions also accompanied the rally.

The stock closes at $40.87, up 0.5%, sitting above both its 50-day average of $38.12 and 200-day average of $36.28, with the 50-day above the 200-day. The GekkoIndex reads 53.3, placing VIAV in the Neutral zone, though the index has slipped 7.3 points over the last five sessions. Price remains 7.1% below Gekko Fair Value of $43.99.

Over the next 20 trading days, the next earnings report is scheduled for 28 October 2026, after close, 29 days out and beyond a typical holding window. The last report on 5 August 2026 showed EPS of $0.29 against a $0.25 estimate, with a 0.7% reaction. In the last 30 days there has been 1 unusual options signal, with call premium of $1,368,432 and no put premium. Seasonally, the next 20 trading days have averaged a 0.7% return over 5 years, rising in 3 of them.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Viavi Solutions price vs fair value

$43.99$40.87Sep ’25Mar ’26Sep ’26
Close $40.87200-day averageGekko Fair Value $43.99

Viavi Solutions quick facts

Market cap
$10.08B
P/E ratio
—
Forward P/E
22.1
EPS, TTM
−$0.13
Revenue, TTM
$1.52B
Profit margin
-2%
Dividend yield
—
Beta
1.23
Volume
6.71M avg 5.34M
1-year return
+232.5%
Typical daily move
±5.5%
Typical 20-day move
±7.5%
50-day average
$38.12
200-day average
$36.28
Next earnings
Oct 28 after close
Shares outstanding
246.8M
52-week range
$12.17$60.43

Viavi Solutions swing-trade checklist

Viavi Solutions scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

5 supportive1 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $40.87 is above the 50-day ($38.12) and 200-day ($36.28) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    53.3, Neutral

    Reading 53.3 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    7.1% below

    Price is 7.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 29 days

    Next report Oct 28, 2026, 29 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.7% on average

    From this point in the calendar, the next 20 trading days averaged +0.7% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Viavi Solutions stock chart and price history

Viavi Solutions closed at $40.87 on Sep 28, 2026, +232.5% over the past year, inside a 52-week range of $12.17 to $60.43.

Close50-day average200-day averageVolume
Viavi Solutions share price, past year, with 50-day and 200-day moving averages and volume$10$20$30$50NovDecJan 2026FebMarAprMayJunJulAugSep40.87

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+6.3%
3 months
−13.8%
6 months
+18.0%
1 year
+232.5%
The full VIAV chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open VIAV in Gekko

Follow Viavi Solutions through every session

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About Viavi Solutions

Viavi Solutions provides tools and systems used to test, monitor, and assure the performance of networks. Its customers span telecommunication service providers, businesses, network equipment makers, original equipment manufacturers, government bodies, and companies in aviation. The company is recognized for supplying the instruments, software, and services that help build, activate, and maintain network infrastructure.

The business runs through three segments. Network Enablement supplies the hardware, software, and professional services needed to design, deploy, certify, and troubleshoot networks, along with repair, calibration, integration, and training support. Service Enablement gives communication service providers, enterprises, and cloud operators visibility into network and application data through embedded systems, microprobes, and analysis software, aimed at understanding customer experience and finding new revenue or optimization opportunities. Optical Security and Performance Products makes advanced optical products for markets including anti-counterfeiting, consumer and industrial goods, government use, and automotive applications.

Viavi Solutions traces its founding to 1923 and operated for many years as JDS Uniphase Corporation before taking its current name in August 2015. It is headquartered in Scottsdale, Arizona, and its shares are listed on the NASDAQ under the ticker VIAV.

Listed
NASDAQ
Sector
Technology services
Industry
Information technology services
Website
viavisolutions.com

Viavi Solutions GekkoIndex: the smart money zone

Viavi Solutions’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 53.3, in the Neutral zone, down 7.3 points over five sessions.

010053.3Neutral

Down 7.3 points over five sessions, from the Accumulation zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying42+1.5%+1.2%+1.2%−3.0%
Accumulation168+1.3%+0.3%−0.3%+1.2%
Neutral (current zone)393+1.3%+3.8%+7.9%+20.6%
Distribution62+0.3%+0.3%+3.0%+22.8%
Selling7Too few readings yet

Average VIAV share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the VIAV price, zone by zone.Track VIAV in Gekko

Is Viavi Solutions stock overvalued? Gekko Fair Value

Viavi Solutions trades 7.1% below Gekko Fair Value of $43.99, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Viavi Solutions shares are worth, recalculated every trading day.

$43.99

Gekko Fair Value, Sep 26, 2026

7.1% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open VIAV in Gekko

Viavi Solutions insider and Congress trading

No open-market insider purchases were filed for Viavi Solutions, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for VIAV in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every VIAV insider filing, plotted on the chart in Gekko.Open VIAV in Gekko

Congress trades last 90 days

No trades in VIAV were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for VIAV, plotted on the chart in Gekko.Open VIAV in Gekko

Buybacks

Viavi Solutions has been buying back its own shares.

Bought back, quarter ended Dec 27, 2025
$2.30M
As a share of market cap
0.02%

From company filings.

Unusual options activity last 30 days

1signal, 100% of the flagged premium in calls.

Latest: Bullish flow on Sep 12, $1.37M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold VIAV.

1added1opened1trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Viavi Solutions earnings: next date and track record

Viavi Solutions reports on Oct 28, 2026, after the close (29 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±13.8%average move across the report
7 of 8reports followed by a gain

Share-price move across each report

+4.3%Oct ’24+21.6%Jan ’25−11.7%May ’25+8.9%Aug ’25+22.1%Oct ’25+19.3%Jan ’26+21.4%Apr ’26+0.7%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
VIAV reported Q4 FY2026 revenue of $443.1M, exceeding guidance of $427-437M and up 52.5% YoY. Operating margin reached 24%, up 960bps YoY, above the 22.2-23.2% guidance range. EPS of $0.34 beat guidance of $0.29-$0.31, up $0.21 YoY. Full-year revenue was $1.518B, up 40% YoY, with full-year EPS of $1.00 vs $0.47 prior year. Growth was driven by data center demand, aerospace/defense, and Spirent acquisition contributions.
Guidance
No explicit forward-looking guidance was provided in the transcript excerpt. The company completed a $575M follow-on equity offering, using proceeds to retire Term Loan B, strengthening the balance sheet with $656.7M in cash at quarter-end.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.29
est $0.25
+16.0%$443.1M
est $432.6M
+2.4%+0.7%
Apr 29, 2026$0.27
est $0.23
+17.4%$406.8M
est $393.8M
+3.3%+21.4%
Jan 28, 2026$0.22
est $0.19
+15.8%$369.3M
est $365.3M
+1.1%+19.3%
Oct 29, 2025$0.15
est $0.13
+15.4%$299.1M
est $301.8M
−0.9%+22.1%
Aug 7, 2025$0.13
est $0.12
+8.3%$290.5M
est $285.2M
+1.9%+8.9%
May 1, 2025$0.15
est $0.12
+25.0%$284.8M
est $285.2M
−0.1%−11.7%
Jan 30, 2025$0.13
est $0.10
+30.0%$270.8M
est $260.0M
+4.2%+21.6%
Oct 31, 2024$0.06
est $0.06
0.0%$238.2M
est $240.1M
−0.8%+4.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Viavi Solutions stock forecast and analyst price targets

Analysts’ average 12-month price target for Viavi Solutions is $61.43, +50.3% from the last close, from 8 firms rating the stock in the last 90 days.

$61.43consensus 12-month target, +50.3% from the last close
Low $44High $70
Buy7
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 23Stifel NicolausBuy, maintained$65+59.0%
Aug 28Stifel NicolausBuy, maintained$65+59.0%
Aug 19Rosenblatt SecuritiesBuy, reiterated$70+71.3%
Aug 11Argus ResearchBuy, reiterated$66+61.5%
Aug 6Northland SecuritiesBuy, reiterated$65+59.0%
+7.9%average 20-day move after past Neutral readings
+0.7%average move over the next 20 trading days in the last 5 years
±5.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Viavi Solutions seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Viavi Solutions averaged +0.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−3.3%2021+12.7%2022−18.4%2023+2.5%2024+11.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.7%3 of 5
Next 10 trading days−2.3%3 of 5
Next 15 trading days−1.1%3 of 5
Next 20 trading days+0.7%3 of 5
Next 30 trading days+5.7%2 of 5

For scale, VIAV’s typical 20-trading-day move in either direction is about 7.5%.

Viavi Solutions market cap and key statistics

Viavi Solutions’s market cap is $10.08B and revenue of $1.52B over the last twelve months.

Valuation

Market cap
$10.08B
Forward P/E
22.1
EPS, TTM
−$0.13
Gekko Fair Value
$43.99

Trading

Volume
6.71M
Avg volume, 20 days
5.34M
52-week high
$60.43
52-week low
$12.17
Shares outstanding
246.8M

Financials

Revenue, TTM
$1.52B
Profit margin
-2%
Return on equity
-2.7%
Quarterly earnings growth, YoY
+326.5%

Risk and income

Beta
1.23
Typical daily move
±5.5%
Typical 20-day move
±7.5%

Viavi Solutions peers

Viavi Solutions’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
IBMInternational Business Machines−0.8%Accumulation16.1% below
FTNTFortinet+3.3%Neutral32.5% above
NETCloudflare+4.3%Neutral22.9% above
ACNAccenture+0.6%Neutral9.7% below
WDAYWorkday+2.3%Neutral13.2% above
CRDOCredo Technology−6.5%Neutral19.0% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Viavi Solutions stock FAQ

What is Viavi Solutions’s market cap?

Viavi Solutions’s market cap is $10.08B at the Sep 28, 2026 close of $40.87, with 246.8M shares outstanding.

What is the Viavi Solutions stock forecast?

The consensus analyst 12-month price target for Viavi Solutions is $61.43, +50.3% from the last close. Of the 8 firms that rated the stock in the last 90 days, 7 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Viavi Solutions stock overvalued or undervalued?

On Gekko’s estimate Viavi Solutions is undervalued: the Sep 28, 2026 close of $40.87 is 7.1% below Gekko Fair Value of $43.99. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Viavi Solutions report earnings next?

Viavi Solutions is expected to report on Oct 28, 2026, after the market closes (29 days away). Analysts expect earnings of $0.40 per share on revenue of $455.1M. Viavi Solutions beat the earnings estimate in 7 of its last 8 reports, moving 13.8% on average across the report.

What is Viavi Solutions’s 52-week high and low?

Viavi Solutions’s 52-week high is $60.43 and its 52-week low is $12.17; it closed at $40.87 on Sep 28, 2026, +232.5% over the past year.

Is Viavi Solutions stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (trend, fair value, smart money, earnings risk and seasonality), 1 as mixed (gekkoindex). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Viavi Solutions?

Gekko flagged 1 unusual options signal in Viavi Solutions over the last 30 days, with $1.37M of flagged premium in calls and $0 in puts. The latest, bullish flow, was on Sep 12, 2026 with $1.37M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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