Added to YB: 2026-10-01
Pitch date: 2026-09-26
VIAV [bearish]
Viavi Solutions Inc.
+9.84%
current return
Author Info
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Company Info
Viavi Solutions Inc. engages in the provision of test and measurement and optical technologies for military, aerospace, railway and first responder communications in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Market Cap
$10.3B
Pitch Price
$40.84
Price Target
39.00 (+6%)
Dividend
N/A
EV/EBITDA
35.23
P/E
-315.72
EV/Sales
6.83
Sector
Communications Equipment
Category
growth
VIAV Jumped 9% on Friday and Has Tripled in a Year. Is It Worth Buying at $40?
VIAV (pass): VIAVI’s testing business is benefiting from AI-network complexity, with underlying FY2026 revenue up roughly 21% and organic NSE growth near 27%, but ~$40 already assumes 15–20% annual growth and margins meaningfully above the 20.6% full-year level. Free cash flow was only about $83M versus $243.8M of non-GAAP net income; without stronger cash conversion and sustained organic growth, the fundamentals do not yet justify the price.
Read full article (11 min)