Viavi Solutions (VIAV)

• Market cap: $2.24B
• 1 day: -0.88%
• 5 days: -0.88%
• 1 month: -2.70%
• 3 months: 11.86%
• 6 months: 44.76%
• Year to date: 0.80%
• 1 year: 0.80%
• 5 years: -33.36%
• 10 years: -27.62%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Viavi Solutions Inc. is an international provider of network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of its revenue from the United States. Additionally, it manufactures and sells optical filters for 3D sensing products that allow facial recognition security authentication for mobile devices.

Employees: 3,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6,309% more call options, than puts

Call options by funds: $2.24M | Put options by funds: $35K

29% more capital invested

Capital invested by funds: $1.46B [Q2] → $1.88B (+$425M) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 101

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.03% less ownership

Funds ownership: 95.01% [Q2] → 93.99% (-1.03%) [Q3]

3% less funds holding

Funds holding: 314 [Q2] → 306 (-8) [Q3]

16% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 50

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9.50 6% downside
• Avg. target: $11.12 10% upside
• High target: $13 29% upside

5 analyst ratings

• positive: 2 40%
• neutral: 2 40%
• negative: 1 20%

Morgan Stanley Meta Marshall 62% 1-year accuracy 16 / 26 met price target	6% downside $9.50	Underweight Downgraded	17 Dec 2024
Stifel Ruben Roy 67% 1-year accuracy 22 / 33 met price target	19% upside $12	Buy Maintained	16 Dec 2024
UBS Andrew Spinola 0 / 0 met price target	5% upside $10.60	Neutral Initiated	19 Nov 2024
Northland Capital Markets Tim Savageaux 68% 1-year accuracy 17 / 25 met price target	29% upside $13	Outperform Maintained	1 Nov 2024
Rosenblatt Mike Genovese 78% 1-year accuracy 29 / 37 met price target	4% upside $10.50	Neutral Maintained	1 Nov 2024