The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

VIAV

Concerning the House

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and critical infrastructures in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides testing, monitoring, assurance, and security solutions that address lab and production environments, network management, service assurance, and AIOps for wireless, wireline, cloud, satellite, public safety, military, and infrastructure networks. This segment also offers instruments, microprobes, and perpetual software licenses that support the development, production, maintenance, and optimization of network systems, as well as product support and professional services comprising repair, calibration, software support, and technical assistance for its products. 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, government and aerospace, automotive, and industrial markets. The company has a strategic partnership with QuNu Labs Pvt. Ltd. for the development of quantum security and advanced network intelligence technologies. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.

United States · www.viavisolutions.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$1.11B-3.4%
Gross profit$638.80M+2.0%
Operating income$57.50M+53.3%
Net income$25.50M+99.9%
Cash from ops$114.10M+0.5%
Quotation

$43.11

+4.71 (+12.3%)

52w hi$55.33
52w lo$10.55
Vol5.89M
As ofAug 12
The Verdict

Hold

Our score +0.04

Short-0.20
Medium+0.17
Long+0.23

computed 2026-08-12

By the Numbers

Viavi Solutions Inc.

Technology · Communication Equipment

Market cap$10.63B
Enterprise value$9.18B
Trailing P/E
Forward P/E22.10x
EV / EBITDA38.80x
P / S (ttm)7.00x
Profit margin-2.0%
Return on equity-2.7%
Revenue growth+52.5%
Earnings growth+332.0%
Debt / equity44.31
Risk Metrics
Beta vs SPX1.34
Corr SPX0.38
Annual vol58.0%
Annual ret+104.4%
Sharpe1.80
Max DD-41.7%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.19
Sector+0.14
Technical-0.14
Earnings+0.00
Sentiment+0.12

macro × 1.00 · 2026-08-12

Recent Sessions
DateOpenHighLowCloseVol
Aug 12$41.00$43.58$40.55$43.115.89M
Aug 11$37.39$38.85$37.35$38.403.26M
Aug 10$40.16$40.16$37.17$37.204.50M
Aug 7$41.70$42.20$38.42$39.147.75M
Aug 6$38.00$41.58$36.24$40.597.00M