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VIAV 
Viavi Solutions Inc (VIAV)
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Upturn Advisory Summary
01/09/2026: VIAV (5-star) is a SELL. SELL since 2 days. Simulated Profits (-4.73%). Updated daily EoD!
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $19
1 Year Target Price $19
| 4 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 57.21% | Avg. Invested days 52 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 01/09/2026 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.82B USD | Price to earnings Ratio 285.17 | 1Y Target Price 19 |
Price to earnings Ratio 285.17 | 1Y Target Price 19 | ||
Volume (30-day avg) 9 | Beta 0.95 | 52 Weeks Range 8.10 - 19.75 | Updated Date 01/9/2026 |
52 Weeks Range 8.10 - 19.75 | Updated Date 01/9/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.33% | Operating Margin (TTM) 10.26% |
Management Effectiveness
Return on Assets (TTM) 2.88% | Return on Equity (TTM) 2.13% |
Valuation
Trailing PE 285.17 | Forward PE 23.47 | Enterprise Value 4119932443 | Price to Sales(TTM) 3.33 |
Enterprise Value 4119932443 | Price to Sales(TTM) 3.33 | ||
Enterprise Value to Revenue 3.6 | Enterprise Value to EBITDA 33.41 | Shares Outstanding 223198857 | Shares Floating 219471436 |
Shares Outstanding 223198857 | Shares Floating 219471436 | ||
Percent Insiders 1.65 | Percent Institutions 102.27 |
Upturn AI SWOT
Viavi Solutions Inc
Company Overview
History and Background
Viavi Solutions Inc. (NASDAQ: VIAV) was formerly known as JDS Uniphase Corporation. The company was formed in 1981 as JDS Optcal Engineering. It underwent significant transformations, including mergers and acquisitions, and rebranding to Viavi Solutions in 2015 after spinning off its display business as a separate entity. The company has a long history in the optical technologies and network testing and assurance space.
Core Business Areas
- Network and Service Enablement (NSE): This segment focuses on enabling network service providers and enterprises to deploy, test, and assure the performance of their networks and services. It includes products for network testing, monitoring, and assurance solutions for fiber optics, Ethernet, wireless, and cloud environments.
- Optical Security and Performance (OSP): This segment provides solutions for optical security (e.g., anti-counterfeiting technologies for currency, passports, and brand protection) and high-performance optical components and subsystems for a variety of industries, including telecommunications, data centers, and industrial applications.
Leadership and Structure
Viavi Solutions Inc. is led by a management team comprised of experienced professionals. The organizational structure is aligned with its two core business segments, NSE and OSP, with dedicated teams for product development, sales, marketing, and support within each segment.
Top Products and Market Share
Key Offerings
- Nitro Cloud Platform: A cloud-based platform offering a suite of assurance solutions for 5G, enterprise, and fiber networks. It helps in network monitoring, troubleshooting, and performance optimization. Competitors include Spirent Communications, EXFO, and Keysight Technologies.
- Optical Network Testers (e.g., OneAdvisor, MTS series): Handheld and benchtop instruments for fiber optic testing, troubleshooting, and certification. These are crucial for installation and maintenance of telecommunication networks. Competitors include EXFO, Fujikura, and Sumitomo Electric.
- Optical Security Products (e.g., OVDs, taggants): Advanced optical security features used to prevent counterfeiting of high-value documents and products. Market share is highly competitive and fragmented across specialized security printing and material providers. Key competitors can include companies like De La Rue, Crane Currency, and specialized security ink/taggant manufacturers.
- Fiber Connectivity Solutions: Products related to fiber optic connectors, cables, and passive components for data centers and telecommunications infrastructure. Competitors include Corning, CommScope, and TE Connectivity.
Market Dynamics
Industry Overview
Viavi operates in the network testing, assurance, and optical security markets. The network testing and assurance market is driven by the ongoing rollout of 5G, increasing complexity of networks (cloud, SDN/NFV), and the growing demand for high-speed connectivity. The optical security market is driven by the need to combat counterfeiting and protect brand integrity.
Positioning
Viavi Solutions is a key player in the network testing and assurance market, particularly strong in fiber optic testing and wireless network performance solutions. Its integrated approach with software-defined assurance and hardware testing provides a competitive advantage. In the optical security space, it holds a strong position with its advanced anti-counterfeiting technologies.
Total Addressable Market (TAM)
The TAM for network testing and assurance is estimated to be in the tens of billions of dollars and growing, fueled by 5G, IoT, and enterprise digital transformation. The TAM for optical security solutions is also significant, driven by global efforts against counterfeiting. Viavi is well-positioned to capture a substantial portion of this TAM through its comprehensive product portfolio and strategic partnerships.
Upturn SWOT Analysis
Strengths
- Strong market position in fiber optic testing and network assurance.
- Comprehensive portfolio of hardware and software solutions.
- Established relationships with major telecommunication service providers.
- Proprietary optical security technologies.
- History of innovation and adaptation to evolving technologies.
Weaknesses
- Dependence on capital expenditures by telecommunication companies, which can be cyclical.
- Intense competition in certain product segments.
- Potential for product obsolescence with rapid technological advancements.
- Integration challenges from past acquisitions.
Opportunities
- Expansion of 5G network deployments and subsequent testing needs.
- Growth in cloud networking and enterprise IT infrastructure.
- Increasing demand for cybersecurity and network visibility solutions.
- Leveraging AI and machine learning for advanced network analytics.
- Growth in emerging markets for telecommunication infrastructure.
Threats
- Economic downturns impacting customer spending.
- Rapid technological shifts that could render existing products less relevant.
- Aggressive pricing by competitors.
- Changes in regulatory landscapes affecting network deployment or security.
- Geopolitical risks impacting global supply chains.
Competitors and Market Share
Key Competitors
- Spirent Communications plc (SPT.L)
- EXFO Inc. (EXF.TO)
- Keysight Technologies, Inc. (KEYS)
Competitive Landscape
Viavi's competitive advantage lies in its broad product portfolio covering both hardware and software, its strong customer relationships with major service providers, and its focus on innovation in emerging technologies like 5G and cloud networking. However, competitors like Spirent and Keysight are also strong players with significant market presence and technological capabilities. EXFO is a notable competitor in fiber optic testing.
Major Acquisitions
Viavi Solutions Inc. acquired the assets of Spirent Communications plc's competitive intelligence business
- Year: 2022
- Acquisition Price (USD millions):
- Strategic Rationale: To enhance its competitive intelligence and market analysis capabilities within its Network and Service Enablement segment.
Viavi Solutions Inc. acquired the assets of Network Utilities
- Year: 2023
- Acquisition Price (USD millions):
- Strategic Rationale: To strengthen its automated testing and assurance capabilities for network providers.
Growth Trajectory and Initiatives
Historical Growth: Viavi has demonstrated consistent revenue and profit growth over the past several years, driven by the increasing complexity of communication networks and the global demand for reliable connectivity. The company has successfully adapted its product offerings to meet the evolving needs of 5G and other advanced technologies.
Future Projections: Analyst consensus generally points to continued moderate growth for Viavi, driven by ongoing 5G rollouts, enterprise digital transformation, and increasing demand for network performance monitoring and assurance solutions. Investments in R&D and strategic acquisitions are expected to fuel future expansion.
Recent Initiatives: Viavi has been actively involved in strategic initiatives such as the development of advanced testing solutions for Open RAN, enhanced cloud-native assurance platforms, and acquisitions to broaden its portfolio and market reach, particularly in areas like network monitoring and cybersecurity.
Summary
Viavi Solutions Inc. is a strong player in the network testing, assurance, and optical security markets, benefiting from the ongoing global demand for advanced communication infrastructure. Its comprehensive product portfolio, established customer base, and focus on innovation are key strengths. The company needs to remain vigilant against rapid technological changes and competitive pressures to maintain its market leadership and achieve sustained growth.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Viavi Solutions Inc. Investor Relations
- Company SEC Filings (10-K, 10-Q)
- Financial News and Analysis Websites (e.g., Reuters, Bloomberg, Yahoo Finance)
- Industry Research Reports
Disclaimers:
This JSON output is for informational purposes only and does not constitute financial advice. All data, including financial metrics and market share, are estimates and subject to change. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Viavi Solutions Inc
Exchange NASDAQ | Headquaters Chandler, AZ, United States | ||
IPO Launch date 1993-11-17 | President, CEO & Director Mr. Oleg Khaykin | ||
Sector Technology | Industry Communication Equipment | Full time employees 3600 | Website https://www.viavisolutions.com |
Full time employees 3600 | Website https://www.viavisolutions.com | ||
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and critical infrastructures in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides testing, monitoring, assurance, and security solutions that address lab and production environments, network management, service assurance, and AIOps for wireless, wireline, cloud, satellite, public safety, military, and infrastructure networks. This segment also offers instruments, microprobes, and perpetual software licenses that support the development, production, maintenance, and optimization of network systems, as well as product support and professional services comprising repair, calibration, software support, and technical assistance for its products. Its OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell technologies for the anti-counterfeiting, 3D sensing, government and aerospace, automotive, and industrial markets. The company has a strategic partnership with QuNu Labs Pvt. Ltd. for the development of quantum security and advanced network intelligence technologies. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.
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