Viavi Solutions Inc (VIAV) Stock AnalysisVIAVViavi Solutions Inc

Viavi Solutions Inc. is a global provider of test and measurement and optical technologies. Its test and measurement, resilient position, navigation and timing (PNT) solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. Its segments include Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). Its NSE segment provides an integrated portfolio of test, monitoring, assurance, and resilient PNT solutions that enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. Its OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture and sell technologies for the anti-counterfeiting, 3D sensing, aerospace, industrial and automotive markets. It operates in the Technology sector (SEMICONDUCTORS & RELATED DEVICES industry).

Viavi Solutions Inc is a good buy right now due to its current price of $45.46, which is significantly lower than the analyst price target of $60 from B. Riley, indicating a potential upside of 32%. Additionally, the company has shown strong revenue growth, with a year-over-year increase of 40%, and a solid gross margin of 57.41% in the latest quarter. However, the main risk is the negative sentiment from insider selling, which has increased by 7076.73% over the last month, raising concerns about confidence in the stock.

9 analysts cover VIAV: 5 rate it Buy, 4 Hold and 0 Sell. The average price target is 19.56.