VIAVI SOLUTIONS INC. (VIAV)
Information Technology · Test and Measurement / Communications Equipment · NASDAQ
Viavi Solutions delivers critical test, measurement, and optical technology to secure and optimize high-speed network infrastructure, aerospace communications, and precision industrial applications.
What VIAVI SOLUTIONS INC. does
Viavi Solutions provides network test, monitoring, and assurance solutions, alongside optical technologies for anti-counterfeiting and 3D sensing. The company serves data center ecosystems, communication networks, and aerospace/defense sectors by enabling infrastructure performance and security, including resilient position, navigation, and timing (PNT) systems. Viavi's portfolio spans physical and software-defined test instruments and high-performance optical coatings.
Themes: network test and assurance, 5G/6G infrastructure, AI infrastructure / data centers, aerospace and defense electronics, optical security and sensing, network security
Fundamentals
- Price$38.78 as of 2026-08-26 close
- Market cap$9.6B as of 2026-08-26
- 1-year return+246.6% 2025-08-26 close $11.19 → 2026-08-26 close $38.78
- P/En/a negative earnings
- Net margin-4.0% as of 2026-08-26
- Gross margin+56.9% as of 2026-08-26
- ROE-6.9% as of 2026-08-26
- Debt / equity1.29 as of 2026-08-26
- Revenue growth (YoY)+30.6% as of 2026-08-26
- Revenue CAGR (3y)+11.1% SEC XBRL
- Beta1.24 as of 2026-08-26
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
How VIAV compares in its sector
- net profit marginmiddle range 405 covered Information Technology peers, as of 2026-08-26
- operating marginmiddle range 405 covered Information Technology peers, as of 2026-08-26
- gross marginmiddle range 403 covered Information Technology peers, as of 2026-08-26
- return on equitymiddle range 405 covered Information Technology peers, as of 2026-08-26
- 3-year revenue CAGRmiddle range 386 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)middle range 382 covered Information Technology peers, as of FY2026
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
VIAV is not currently in any published Top 10 list. Its scores are below.
Long-term score
40.3 #1305 of 1,608 scored · #203 of 256 in Information Technology
Growth 77th (revenue growth year over year 30.6%, 3-year revenue CAGR 11.1%) and long-term trend 56th (over the past 12 months this stock beat the market by 222.7 percentage points); weakest is profitability (14th, return on equity -6.9%, operating margin 0.9%). Scored on 5 of 6 pillars — it pays a dividend, but its filings carry no per-share series to count increases from; no annual share count in its filings.
Short-term score
40.8 #1191 of 1,696 scored · #166 of 260 in Information Technology
Setup 62nd: over the past year its closes ranged, and it has retraced roughly a third of its move over the past year — 39% of it; momentum 44th: near the bottom of its 14-day range (oversold); weakest is trend 27th: the price is 6% below the average price paid over the period covered, so the typical buyer over that stretch is under water.
Scores as of 25 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 3.
How VIAVI SOLUTIONS INC. looks technically
VIAVI SOLUTIONS INC. (VIAV) is trading 15.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 245 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 47, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative). It made a new 20-day high about 8 trading days ago. It is 35.8% below its highest point of the past year. Trading volume is unusually light — only about 46% of its 30-day average.
Trend
7
| Distance from the 200-day | it is trading 15.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +15.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $41.81 | $41.81 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $33.70 | $33.70 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 245 trading days ago — a "golden cross", a bullish long-term signal | 245 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend) | 18.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 47, neither overbought (above 70) nor oversold (below 30) | 47.1 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($36.15 to $46.66) — its "stochastic" reading is 25 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 25.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $60.43 | $60.43 |
|---|---|---|
| From the 52-week high | it is 35.8% below its 52-week high (its highest price of the past year) | -35.8% |
| Above the 52-week low | it is 269.7% above its 52-week low (its lowest price of the past year) | +269.7% |
| Below the 52-week high | it is 35.8% below its highest point of the past year | 35.8% |
| Since a 20-day breakout | it made a new 20-day high about 8 trading days ago | 8 sessions |
| Since a 55-day breakout | it made a new 55-day low about 21 trading days ago | 21 sessions |
| All-time high | its highest closing price on record is $698.17 (set on 2000-03-07) | $698.17 |
| Given back of the 52-week move | over the past year its closes ranged ($10.79 to $55.33), and it has given back roughly a third of its rise from last year’s low — 37% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $26.38 to $27.80. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 37.2% |
| From the all-time high | it is 94.4% below its all-time high | -94.5% |
| Nearest price level | it is trading 2.4% above a support level at $37.87 — a price it turned at twice since 2026-03-25, most recently on 2026-04-15. Since 2024-08-26 it has 11 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -2.4% |
| All-time low | its lowest closing price on record is $0.9599 (set on 1994-04-19) | $0.9599 |
| Above the all-time low | it is 3940.0% above its all-time low | +3,940% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 74% of it) | 26th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.95 between its high and its low — about 7.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.95 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $34.25 and $44.87 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $34.25 – $39.56 – $44.87 |
| Typical daily range (% of price) | its price moves about 7.6% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 7.6% |
| Stretch from the 200-day average | it is trading 1.7 daily ranges above its 200-day average price (15.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 46% of its 30-day average | 0.46× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a bullish engulfing | today it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | today |
Price gaps
3
| Gap at the open | it opened on 2026-08-26 at essentially the same price it closed at the session before — no meaningful overnight gap | 0.0% |
|---|---|---|
| Open gap | it gapped 3.6% above the previous close 1 session ago and has not traded back through the level it left behind at 36.95 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.5% |
| Gap filled | a 3.0% gap down opened on 2026-08-24 has been "filled" today — price traded back through the level the gap left behind, and it took 2 sessions to close | today |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +4.95% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 5.5 percentage points (the stock lost 1.9% while the market gained 3.7%) | -5.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 30.0 percentage points (the stock lost 27.9% while the market gained 2.1%) | -30.0% |
| vs market, 6 months | over the past 6 months this stock beat the market by 18.6 percentage points (the stock gained 29.7% while the market gained 11.1%) | +18.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 227.8 percentage points (the stock gained 246.6% while the market gained 18.7%) | +227.8% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: MACD momentum is negative, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 8.4% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 9.2% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -8.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 1% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $39.29 — a volume-weighted average of daily closes over 160 sessions, not a true tick-by-tick VWAP. | -1.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 4% below the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is under water. That average is $40.28 — a volume-weighted average of daily closes over 16 sessions, not a true tick-by-tick VWAP. | -3.7% |
Price levels it has turned at before
VIAV last closed at $38.78 on 2026-08-26. Since 2024-08-26 it has turned at 11 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $37.87 | Support | 2.4% below the last close | turned there twice · 2026-03-25 to 2026-04-15 |
| $45.60 | Resistance | 17.6% above the last close | turned there twice · 2026-05-20 to 2026-05-29 |
| $18.54 | Support | 52.2% below the last close | turned there three times · 2025-11-10 to 2026-01-06 |
| $16.94 | Support | 56.3% below the last close | turned there twice · 2025-12-16 to 2026-01-08 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bearish (12/26/9) · trendless / choppy (low ADX) · beating the market · Printed a bullish engulfing pair | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.38 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$61.43 range $44.00 – $70.00; median $65.00
Analyst estimates, as of 2026-08-26. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for VIAV
- Consensus EPS estimate$0.407 next reporting period, as of 2026-08-26
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Integration risks and operational challenges related to acquisitions, including the Spirent Communications business integration.","Dependency on the capital spending cycles of network equipment manufacturers and service providers.","Exposure to rapid technological changes and competitive pressures in the test and measurement market."]
What changed in the latest 10-Q
AI-assisted comparison of VIAV's 10-Q filed 2026-04-30 against the prior one filed 2026-01-29.
Management's Discussion & Analysis (MD&A)
- Added:
- New filing adds: 'In 2025, the U.S. administration imposed additional, broad-based tariffs, under the International Emergency Economic Powers Act (IEEPA), which were then struck down by the U.S. Supreme Court as unconstitutional. In 2026, the' (filed 2026-04-30)
- New filing specifies 'third quarter of fiscal 2026' as current reporting period (filed 2026-04-30)
- New filing adds reference to 'conflicts between Russia and Ukraine and in the Middle East' (plural 'conflicts') versus older 'conflict between Russia and Ukraine' (singular) (filed 2026-04-30)
- Removed:
- Removed reference to 'Inertial Labs, Inc. (Inertial Labs) which contributed net revenues of $43.0 million and $21.1 million, respectively' from NSE acquisition discussion (filed 2026-01-29)
- Removed language 'and could implement further broad-based, updated global tariffs and the situation continues to be dynamic and evolving. As we operate in this challenging environment, we are focused on continuing to deliver our products and services to our cus' regarding tariff outlook (filed 2026-01-29)
- Removed reference to 'second quarter of fiscal 2026' as current reporting period (filed 2026-01-29)
- Removed 'aerospace industrial' and changed to 'aerospace, industrial' with added comma (filed 2026-01-29)
- Reworded:
- Changed 'During the second quarter of fiscal 2026' to 'During the third quarter of fiscal 2026' reflecting progression to later reporting period (filed 2026-04-30)
- Changed forward-looking statement from 'The U.S. administration has implemented and could implement further broad-based, updated global tariffs and the situation continues to be dynamic and evolving' to 'In 2025, the U.S. administration imposed additional, broad-based tariffs, under the International Emergency Economic Powers Act (IEEPA), which were then struck down by the U.S. Supreme Court as unconstitutional. In 2026,' shifting from prospective to retrospective on tariff actions (filed 2026-04-30)
- Changed 'As we look forward to the third quarter of fiscal 2026, we expect NSE to be up' to 'As we look forward to the fourth quarter of fiscal 2026, we expect revenue for VIAVI to be up sequentially' (filed 2026-04-30)
- Changed 'geopolitical tensions including the conflict between Russia and Ukraine, and political instability' to 'geopolitical tensions including the conflicts between Russia and Ukraine and in the Middle East, and political instability' (filed 2026-04-30)
- Notes:
- Newer filing text appears truncated at end ('In 2026, the'), so full tariff discussion comparison may be incomplete
- Older filing text also appears truncated at end ('to our cus'), preventing full assessment of that section
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 3 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 3 sells ($4M) — 3 selling insiders
- Last 90 days0 buys · 3 sells ($4M) — 3 selling insiders
- Last 180 days0 buys · 16 sells ($31M) — 8 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-17. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about VIAV's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 4 matched disclosures for VIAV from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Institutional ownership (13F)
6 institutional 13F filers reported holding VIAV as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 6
- Reported shares held 49,147,047
- Reported value $1,635,613,724
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
VIAV had 11,669,050 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
VIAV had 4.73% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.3 days to cover at the same settlement.
- Reported short interest (shares) 11,669,050
- Short interest (% of shares outstanding) 4.73%
- Prior settlement (shares) 12,069,921
- Reported change -3.32%
- Days to cover (reported) 2.3
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Keysight Technologies (KEYS)
- EXFO
- Spirent Communications
- Anritsu (ANRTF)
- Rohde & Schwarz
- Coherent (COHR)
- Lumentum (LITE)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare VIAV vs…
Frequently asked questions
What does VIAVI SOLUTIONS INC. (VIAV) do?
Viavi Solutions provides network test, monitoring, and assurance solutions, alongside optical technologies for anti-counterfeiting and 3D sensing. The company serves data center ecosystems, communication networks, and aerospace/defense sectors by enabling infrastructure performance and security, including resilient position, navigation, and timing (PNT) systems. Viavi's portfolio spans physical and software-defined test instruments and high-performance optical coatings.
What sector is VIAVI SOLUTIONS INC. (VIAV) in?
VIAVI SOLUTIONS INC. (VIAV) is classified in the Information Technology sector. Its industry is Test and Measurement / Communications Equipment. It trades on NASDAQ.
Who are VIAVI SOLUTIONS INC.'s (VIAV) competitors?
Notable peers of VIAVI SOLUTIONS INC. (VIAV) include Keysight Technologies, EXFO, Spirent Communications, Anritsu and Rohde & Schwarz. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in VIAV?
Yes — we hold 4 matched STOCK Act disclosures for VIAV from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is VIAVI SOLUTIONS INC. (VIAV) overbought or oversold right now?
VIAVI SOLUTIONS INC. (VIAV) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 47, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on VIAV come from?
Fundamentals and prices come from market data, as of 2026-08-26; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-26. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.