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Viavi Solutions Inc (VIAV)

Upturn stock ratingUpturn stock rating
$10.27
Last Close (24-hour delay)
Profit since last BUY2.7%
upturn advisory
Consider higher Upturn Star rating
BUY since 10 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Time period over
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Upturn Advisory Summary

07/11/2025: VIAV (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $12.26

1 Year Target Price $12.26

Analysts Price Target For last 52 week
$12.26 Target price
52w Low $7.03
Current$10.27
52w High $12.91

Analysis of Past Performance

Type Stock
Historic Profit 6.19%
Avg. Invested days 41
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/11/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.29B USD
Price to earnings Ratio 513.5
1Y Target Price 12.26
Price to earnings Ratio 513.5
1Y Target Price 12.26
Volume (30-day avg) 9
Beta 0.86
52 Weeks Range 7.03 - 12.91
Updated Date 07/12/2025
52 Weeks Range 7.03 - 12.91
Updated Date 07/12/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.02

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 0.49%
Operating Margin (TTM) 10.26%

Management Effectiveness

Return on Assets (TTM) 1.55%
Return on Equity (TTM) 0.71%

Valuation

Trailing PE 513.5
Forward PE 17.79
Enterprise Value 2587140436
Price to Sales(TTM) 2.19
Enterprise Value 2587140436
Price to Sales(TTM) 2.19
Enterprise Value to Revenue 2.47
Enterprise Value to EBITDA 24.38
Shares Outstanding 223236992
Shares Floating 219593432
Shares Outstanding 223236992
Shares Floating 219593432
Percent Insiders 1.51
Percent Institutions 97.09

ai summary icon Upturn AI SWOT

Viavi Solutions Inc

stock logo

Company Overview

overview logo History and Background

Viavi Solutions Inc. was founded in 1923 as W.L. Pritchard. It became part of JDS Uniphase in 2000. In 2015, JDS Uniphase split into two independent publicly traded companies: Viavi Solutions (VIAV) and Lumentum Holdings (LITE). Viavi focuses on network and service enablement and optical security and performance products.

business area logo Core Business Areas

  • Network Enablement: Provides test and measurement solutions for network infrastructure development, deployment, and maintenance. Includes products for fiber optic testing, wireless testing, and Ethernet testing.
  • Optical Security and Performance Products: Offers anti-counterfeiting solutions for currency, brand protection, and government applications. Also includes optical filters and components for various industries.

leadership logo Leadership and Structure

The CEO of Viavi Solutions is Oleg Khaykin. The company has a functional organizational structure with departments such as sales, marketing, engineering, and operations.

Top Products and Market Share

overview logo Key Offerings

  • ONT (Optical Network Tester) Family: Used for testing optical networks. Viavi is a major player in the optical test equipment market. Competitors: EXFO (EXFO), Anritsu (6752.T), Keysight Technologies (KEYS). Market share varies by specific product line but is estimated to be around 20-25% overall in the fiber optic testing market.
  • CellAdvisor 5G: A 5G network testing solution. It competes with Keysight Technologies (KEYS), Rohde & Schwarz, and Anritsu (6752.T). The 5G testing market is growing rapidly. Market share is difficult to determine but is estimated to be around 10-15% in this niche.
  • Flex Fusion: This is one of their security offerings used for anti-counterfeiting. Competitors include OpSec Security, De La Rue. Market share varies significantly by region and application.

Market Dynamics

industry overview logo Industry Overview

The test and measurement industry is driven by increasing network complexity, growing bandwidth demand, and the need for network security. The anti-counterfeiting market is driven by the global trade in counterfeit goods.

Positioning

Viavi is a key player in the network enablement and optical security markets. The company differentiates itself through its comprehensive product portfolio and strong customer relationships. They focus on innovation and adapting to new technologies.

Total Addressable Market (TAM)

The total addressable market for network test and measurement equipment is estimated to be over $10 billion. The anti-counterfeiting market is also a multi-billion dollar market. Viavi is positioned to address a significant portion of these markets with its diverse product portfolio.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Comprehensive product portfolio
  • Global sales and support network
  • Established relationships with major telecom operators
  • Innovative technology

Weaknesses

  • Reliance on telecom industry spending
  • Exposure to economic cycles
  • Intense competition
  • Relatively small scale compared to some major competitors

Opportunities

  • Growth in 5G deployments
  • Increasing demand for fiber optic networks
  • Expansion into emerging markets
  • Development of new technologies such as network function virtualization (NFV) and software-defined networking (SDN)
  • Growth of anti-counterfeiting market

Threats

  • Economic downturns
  • Technological obsolescence
  • Increased competition from low-cost providers
  • Changes in government regulations
  • Disruptive technologies

Competitors and Market Share

competitor logo Key Competitors

  • KEYS
  • EXFO
  • ANRITSU (6752.T)

Competitive Landscape

Viavi competes with larger players like Keysight and Anritsu. Viavi is more specialized and nimble than some of its larger competitors. They also compete on product innovation and customer service.

Major Acquisitions

Cobham AvComm and Wireless Test and Measurement Business

  • Year: 2018
  • Acquisition Price (USD millions): 455
  • Strategic Rationale: Expanded Viavi's portfolio of test and measurement solutions for wireless and avionics applications.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been influenced by the cyclical nature of the telecom industry and technology adoption rates. Check latest earnings calls for details.

Future Projections: Analyst estimates vary, but generally expect continued growth driven by 5G, fiber optic deployments, and security.

Recent Initiatives: Focus on 5G testing solutions, expansion in Asia-Pacific, and strategic acquisitions.

Summary

Viavi Solutions is a key player in the network enablement and optical security markets. While they face competition from larger companies, their focused approach and innovative technologies position them well for future growth, especially in 5G and fiber optic deployments. The lack of dividends might deter some investors, but the potential for capital appreciation exists. The cyclical nature of the telecom industry and technological obsolescence remain threats to consider.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Company Website
  • Financial News Outlets
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market conditions and company performance can change rapidly. Financial data may be delayed.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 3600

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for communications service providers, hyperscalers, network equipment manufacturers, original equipment manufacturers, government, and avionics customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. Its solutions include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and test and measurement instrumentation for aviation, aerospace, government, defense, 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 electronics, industrial, government, automotive, and industrial markets. It offers NITRO wireless test and optimization suite, including 6G testbed to validate AI-RAN, 5G, 6G, and quantum technologies. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.