⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
🔓 Free accountRanking, alerts and Top 10Sign up with GoogleSign in

Viavi Solutions VIAV

United StatesTechnology · Communication EquipmentUSD
6.4AI score
Rank 674 of 2,130
better than 68% of companies
46.27USD
▲ 277.1% in one year
VIAV MSCI World +22.1%
Average analyst target
61.43 USD (+32.8%)
7 analysts
52-wk low 12.23High 60.43
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

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 news
Bottom line

Strong 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.

⚠ Main risk

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 date
Pricier than its sector

On EV / EBITDA, it trades 101% above the Technology median.

MultipleCompanySectorDifference
EV / EBITDA41.120.4+101%
Price / book7.96.3+25%
Price / sales7.55.3+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).

Indicative fair value · USD
Cash flow (DCF)11.33▼ −76% vs price
Price46.27at the analysis date

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.

🛒 Where to buy VIAVCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiGood7.2Technology median: 6.9
Quality / MoatiFair5.4Technology median: 6.4
ValuationiWeak4.5Technology median: 5.3
GrowthiExcellent10.0Technology median: 7.5
DividendiPoor1.5Technology median: 1.5
MomentumiExcellent9.8Technology median: 6.3
Risk & ContextiFair5.3Technology median: 4.8
Technology median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Technology median
EV / EBITDAi
41.1
Technology: 20.4above
ROEi
−2.7%
Technology: 17.0%below
Operating margini
14.3%
Technology: 15.5%below
Net debt / EBITDAi
0.18
Technology: 0.20below
Revenue growthi
+52.5%
Technology: +16.7%above
Dividend yieldi
0.0%
Technology: 0.0%in line

Valuation

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

Compare it with its sector

All 283 in Technology →
See the full ranking with filters →

Keep browsing the ranking

sorted by score, highest first

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.