Extremely important negative changes in fundamentals have recently occurred for Viavi Solutions Inc (NASDAQ: VIAV): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for June, 2025 decreased significantly, and the consensus estimate for June, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
VIAV is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Viavi Solutions has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Viavi Solutions has a poor Power Rating of 24 and a poor Appreciation Score of 19, triggering the Lowest Value Trend Rating.
Recent Price Action
Viavi Solutions Inc (NASDAQ: VIAV) stock closed at $7.84 on 11/10/23 after a modest gain of 0.5%. The stock is unchanged during the last week but has been weak relative to the market over the last nine months.
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