
VIAV's 196.4% rally reflects AI data-center demand, Spirent opportunities, stronger margins and broader testing exposure across 6G and wireless markets.
Viavi Solutions Inc. provides network testing, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, government, civil, military and avionics customers worldwide. The company is headquartered in San Jose, California.
| Revenue (TTM) | $1.52B |
| Gross Profit (TTM) | $924.50M |
| EBITDA | $278.90M |
| Operating Margin | 14.30% |
| Return on Equity | -2.73% |
| Return on Assets | 4.55% |
| Revenue/Share (TTM) | $6.62 |
| Book Value | $5.86 |
| Price-to-Book | 6.21 |
| Price-to-Sales (TTM) | 6.05 |
| EV/Revenue | 6.33 |
| EV/EBITDA | 57.17 |
| Quarterly Earnings Growth (YoY) | 326.50% |
| Quarterly Revenue Growth (YoY) | 52.50% |
| Shares Outstanding | $246.75M |
| Float | $244.08M |
| % Insiders | 1.08% |
| % Institutions | 99.73% |
Volatility is currently expanding

VIAV's 196.4% rally reflects AI data-center demand, Spirent opportunities, stronger margins and broader testing exposure across 6G and wireless markets.

VIAVI's NSE business is gaining from strong data center demand, 1.6T networking adoption and Spirent contributions, although soft wireless demand remains a concern.

Certification to CMMC advanced cybersecurity standard strengthens company's position as a trusted partner to government, defense and national security partners CHANDLER, Ariz., Sept. 24, 2026 /PRNewswire/ -- VIAVI Solutions LLC, the Aerospace and Defense division of VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the successful completion of its Level 2 CMMC certification for its radio test, avionics, synthetic and modular, and Position, Navigation and Timing (PNT) product lines.

Viavi Solutions Inc. has transformed from telecom-focused to a diversified growth story, with AI data centers and aerospace/defense now driving two-thirds of NSE revenue. Fiscal 2026 revenue surged 40% to $1.52B, and non-GAAP operating margin expanded to 20.6%; Q4 revenue grew 52.5% YoY, signaling operational momentum. Acquisitions of Spirent and Inertial Labs fueled growth and diversification, while a $575M equity raise improved the balance sheet but diluted shareholders.

Demonstrations to include L0-3 and AI fabric validation, CPO and Silicon Photonics testing, quantum and hybrid network evaluation, and fiber inspection, cleaning and monitoring solutions CHANDLER, Ariz., Sept. 9, 2026 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) will showcase its end-to-end data center portfolio for foundational silicon technologies, modules and systems testing at booth 1001 at ECOC 2026 from September 21-23 at the FYCMA exhibition center in Malaga, Spain.

Viavi Solutions (VIAV) reported earnings 30 days ago. What's next for the stock?

FormFactor, Onto and Viavi pair strong 52-week gains with sharp one-week pullbacks, fitting a momentum anomaly strategy for volatile markets.

VIAVI Solutions' diverse portfolio is driving growth across data centers and aerospace, while new capabilities broaden its market reach.

VIAV enters fiscal 2027 with AI data-center momentum, Spirent contributions and defense demand after Q4 revenue and earnings surged.

Viavi Solutions NASDAQ: VIAV expects rising complexity in optical networking, co-packaged optics and aerospace applications to expand the company's testing and measurement opportunities, executives said during the Rosenblatt Age of AI Technology conference.
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