Viavi jumps as analysts lift FY2026 outlook after Q3 beat-and-raise
Viavi Solutions shares rose after analysts lifted FY2026 profit forecasts and reiterated optimistic targets following the company’s April 29 fiscal Q3 beat-and-raise. VIAVI guided fiscal Q4 revenue to $427–$437 million and non-GAAP EPS to $0.29–$0.31, supporting expectations for accelerating demand in network test and assurance.
1. What’s moving the stock today
Viavi Solutions (VIAV) is higher in Tuesday trading as fresh post-earnings analyst updates continue to reset expectations upward. A notable catalyst is Northland Securities raising its FY2026 EPS estimate to $0.75 from $0.65 after VIAVI’s late-April results and outlook, extending momentum from the company’s recent beat-and-raise quarter.
2. The numbers investors are anchoring to
In its fiscal third-quarter FY2026 update released April 29, VIAVI provided fiscal Q4 guidance (quarter ending June 27, 2026) calling for net revenue of $427 million to $437 million and non-GAAP EPS of $0.29 to $0.31. The guidance step-up—coming alongside a strong quarter—has been a key reference point for investors reassessing near-term earnings power.
3. Why the move matters from here
With the stock now trading well above where many older price targets sit, the near-term debate is shifting from “did the company turn the corner?” to “how durable is the new run-rate?” The combination of raised internal guidance and upward estimate revisions is keeping buyers engaged, but it also increases sensitivity to any signs that demand normalization could cool results in coming quarters.