Viavi Solutions jumps as investors digest strong fiscal Q3 results and bullish analyst target hikes

Viavi Solutions Inc. (VIAV) is up 7.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to continued post-earnings momentum after VIAVI reported a fiscal third-quarter beat and issued upbeat guidance, which helped reset expectations for growth tied to data center and aerospace/defense demand. A follow-on wave of analyst price-target increases may also be amplifying the upside move as investors re-rate the shares.

Details:

VIAVI’s fiscal Q3 results (ended March 28, 2026) included net revenue of $406.8 million and non-GAAP EPS of $0.27, both ahead of consensus expectations in many market summaries.

For fiscal Q4 (ending June 27, 2026), the company guided to net revenue of $427 million to $437 million and non-GAAP EPS of $0.29 to $0.31, implying sequential improvement.

After the Q3 release, several sell-side firms raised price targets (for example, Needham increased its target to $68 from $53 while maintaining a buy-equivalent rating), reinforcing the narrative that fundamentals are improving.

This could also be a sympathy/sector effect as investors have been rewarding networking, test, and measurement names leveraged to faster data-center interconnect upgrades.

Sources:

VIAVI Investor Relations, Nasdaq, Stock Analysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$VIAV Insider Trading Activity

$VIAV insiders have traded $VIAV stock on the open market 47 times in the past 6 months. Of those trades, 0 have been purchases and 47 have been sales.

Here’s a breakdown of recent trading of $VIAV stock by insiders over the last 6 months:

OLEG KHAYKIN (President & CEO) has made 0 purchases and 17 sales selling 778,038 shares for an estimated $22,558,635.
RICHARD BELLUZZO has made 0 purchases and 3 sales selling 79,943 shares for an estimated $3,493,105.
ILAN DASKAL (EVP, CFO) has made 0 purchases and 3 sales selling 170,000 shares for an estimated $2,972,993.
GARY W STALEY (SVP Global Sales NSE) has made 0 purchases and 7 sales selling 90,069 shares for an estimated $2,289,155.
KEITH BARNES has made 0 purchases and 2 sales selling 121,467 shares for an estimated $2,208,231.
KEVIN CHRISTOPHER SIEBERT (SVP Gen. Counsel & Secretary) has made 0 purchases and 4 sales selling 53,321 shares for an estimated $1,490,125.
LUKE M SCRIVANICH (SVP General Manager OSP) has made 0 purchases and 3 sales selling 24,594 shares for an estimated $936,356.
DONALD A COLVIN sold 25,000 shares for an estimated $730,750
DOUG GILSTRAP sold 10,000 shares for an estimated $550,000
PAUL MCNAB (EVP, Chief Mktg & Stgy Officer) has made 0 purchases and 4 sales selling 12,573 shares for an estimated $416,386.
RICHARD JOHN BURNS sold 3,384 shares for an estimated $63,483
EUGENIA CORRALES sold 3,384 shares for an estimated $63,483

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$VIAV Hedge Fund Activity

We have seen 230 institutional investors add shares of $VIAV stock to their portfolio, and 185 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 7,888,249 shares (-70.3%) from their portfolio in Q4 2025, for an estimated $140,568,597
WOODLINE PARTNERS LP removed 4,438,187 shares (-88.7%) from their portfolio in Q4 2025, for an estimated $79,088,492
WELLINGTON MANAGEMENT GROUP LLP removed 3,415,517 shares (-23.7%) from their portfolio in Q4 2025, for an estimated $60,864,512
PARSIFAL CAPITAL MANAGEMENT, LP added 3,385,700 shares (+inf%) to their portfolio in Q4 2025, for an estimated $60,333,174
POINT72 ASSET MANAGEMENT, L.P. removed 3,210,605 shares (-78.6%) from their portfolio in Q4 2025, for an estimated $57,212,981
AMERIPRISE FINANCIAL INC added 2,184,183 shares (+139.1%) to their portfolio in Q4 2025, for an estimated $38,922,141
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC added 2,132,982 shares (+inf%) to their portfolio in Q1 2026, for an estimated $70,985,640

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$VIAV Congressional Stock Trading

Members of Congress have traded $VIAV stock 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $VIAV stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 03/27, 03/09, 11/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$VIAV Analyst Ratings

Wall Street analysts have issued reports on $VIAV in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 01/29/2026
Stifel issued a "Buy" rating on 12/17/2025

To track analyst ratings and price targets for $VIAV, check out Quiver Quantitative's $VIAV forecast page.

$VIAV Price Targets

Multiple analysts have issued price targets for $VIAV recently. We have seen 6 analysts offer price targets for $VIAV in the last 6 months, with a median target of $56.5.

Here are some recent targets:

Ryan Koontz from Needham set a target price of $68.0 on 04/30/2026
Mehdi Hosseini from Susquehanna set a target price of $65.0 on 04/30/2026
Andrew Spinola from UBS set a target price of $60.0 on 04/30/2026
Dave Kang from B. Riley Securities set a target price of $53.0 on 04/24/2026
Mike Genovese from Rosenblatt set a target price of $42.0 on 03/18/2026
Ruben Roy from Stifel set a target price of $24.0 on 01/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.