VIAVI Solutions (VIAV)
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-10-30
$29.92-10.20%
Close 2026-10-30 · 1-day change
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-10-30
Research Workspace
Put VIAV beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Communications Equipment is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 40% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — the market is pricing in about 113% growth a year, above the roughly 22% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 3% on a typical day and fell roughly 45% in its worst 12-month stretch.
View RiskVIAV’s robust cash-backed profits and strong recent performance support the case for continued growth. Revenue growth accelerated to 52.5% in fiscal fourth-quarter 2026 from 42.8% in Q3. That quarter’s non-GAAP EPS beat consensus by 36%. VIAV trades at 36× P/E versus a 40× peer median. The desk has no priced-in assessment, so the peer multiple is the valuation reference. The Mania market cycle and elevated risk leave room for the premium to compress. Our model puts the next-quarter miss probability near 16%. Peer multiples imply no published valuation estimate; methods disagree, and this read is provisional.
Trailing returns as of 2026-10-30. VIAV is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 8 analysts currently covering VIAV (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| VIAV Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 8 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Communications Equipment — fair value, gap to price, and forward P/E.
Compare the value case
Put VIAV next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Earnings beat raises valuation concerns affecting growth outlook.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Threatens: Increase revenue growth
Earnings beat but share price decline raises concerns.
Advances: Integrate Spirent acquisition to expand product portfolio
AI tool launch aligns with growth objective and expands portfolio.
Advances: Increase revenue growth
Increased price target indicates positive demand outlook.
Threatens: Integrate Spirent acquisition to expand product portfolio
New product launch could impact competitive positioning.
Advances: Increase revenue growth
Upgrade indicates improved financial health and growth potential.
Advances: Integrate Spirent acquisition to expand product portfolio
Acquisition integration shows positive demand and growth.
Advances: Integrate Spirent acquisition to expand product portfolio
Acquisition integration shows positive demand and growth.