
61.43 USD (+32.8%)
7 analysts
What does it do?
Viavi Solutions is a provider of test, measurement, and network assurance equipment for telecom operators and optical component manufacturers, with recurring revenue from software and services.
Key points
from its scores- ✓Strong growth10.0
- ✓Good share-price trend9.8
- ✓Very solid balance sheet7.2
- ✕Little or no dividend1.5
- ✕Demanding valuation4.5
AI analysis
bottom line, main risk, context and newsStrong momentum and growth justify the position, but the demanding valuation limits further upside without new positive surprises.
Viavi shows explosive growth (revenue +52.5%, earnings +326.5%) with a healthy balance sheet (ND/EBITDA 0.18), although its valuation is demanding (EV/EBITDA 41.1) and ROE is negative (-2.73%), suggesting the market already discounts much of the good news.
The demanding valuation (EV/EBITDA 41.1) combined with negative ROE (-2.73%) leaves little room for error: any slowdown in revenue growth could trigger a significant multiple correction.
Context and risks
No recent relevant news and no material exposure to current macro factors (rates, oil, tariffs) not already covered by quantitative metrics. The optical test and measurement equipment business does not depend on commodities or conflict-affected shipping routes.
Is Viavi Solutions stock cheap or expensive?
at the analysis dateOn EV / EBITDA, it trades 101% above the Technology median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| EV / EBITDA | 41.1 | 20.4 | +101% |
| Price / book | 7.9 | 6.3 | +25% |
| Price / sales | 7.5 | 5.3 | +42% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 4.5 out of 10 (median for Technology: 5.3).
Average analyst target: 61.43 USD, +32.8% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 5.4 (sector 6.4), Growth 10.0 (sector 7.5).
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- Forward P/E
- 23.7
- EV / EBITDA
- 41.1
- Price / book
- 7.9
- Price / sales
- 7.5
- PEG
- 1.34
- Market cap
- 11.4B USD
- Enterprise value
- 11.5B USD
Profitability
- ROE
- −2.7%
- ROA
- 4.6%
- ROIC (approx.)
- 10.2%
- Gross margin
- 60.9%
- Operating margin
- 14.3%
- Net margin
- −2.0%
- Free cash flow
- 158.7M USD
- FCF yield
- 1.4%
- Cash conversion
- 57%
Solvency
- Total debt
- 698.8M USD
- Net debt
- 49.0M USD
- Cash
- 649.8M USD
- EBITDA
- 278.9M USD
- Net debt / EBITDA
- 0.18
- Debt / equity
- 48.24
- Current ratio
- 1.85
- Quick ratio
- 1.51
Growth
- Revenue growth
- +52.5%
- Earnings growth
- +326.5%
- EPS (TTM)
- −0.13 USD
- EPS (forward)
- 1.95 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 1.21
- Analyst consensus
- none (7)
- Target price
- 61.43 USD
- 52-week range
- 12.23 – 60.43
Recent news
All VIAV news →Compare it with its sector
All 283 in Technology →Frequently asked questions about Viavi Solutions
Is Viavi Solutions stock cheap or expensive?
On EV / EBITDA, it trades 101% above the Technology median. Valuation score: 4.5 out of 10 (median for Technology: 5.3). Average analyst target: 61.43 USD, +32.8% versus the price. This is not investment advice.
What score does Viavi Solutions get on MeridIAn Screener?
It scores 6.4 out of 10, rank 674 of 2,130 (better than 68% of the companies analysed). Its strongest category is Growth (10.0) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
How much is Viavi Solutions worth on the stock market?
Its market capitalisation is 11.4B USD and its enterprise value, debt included, is 11.5B USD.
How much debt does Viavi Solutions have?
Its net debt (debt minus cash) is 49.0M USD. That is 0.18 times its EBITDA; the Technology median is 0.20.
Does Viavi Solutions pay a dividend?
It pays no dividend, or almost none.
How has Viavi Solutions stock performed over the last year?
It has risen 277.1% over the last year, excluding dividends. Over the last 52 weeks it has traded between 12.23 and 60.43 USD. Past performance does not guarantee future results.
What do analysts think of Viavi Solutions?
7 analysts cover it; their average recommendation is “none” and their average target is 61.43 USD (+32.8% versus the price). It is an estimate, not market data.
