VIAVI Solutions (VIAV)
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-09-04
$34.86+3.66%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-09-04
QuarterlyIQ Insights · VIAV
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 8 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $35 VIAV trades at 37× p/e, in line with its 37× p/e peer median — but our blended $16 fair value sits well below the price. It's a high-confidence read. The flat-multiple read looks rich, but earnings are inflecting up — trailing growth is accelerating and forward estimates confirm — so we've softened our read rather than brand an accelerating name expensive. Even the durable-growth case — current growth held at sustainable margins — values it at about $25, at or below today's price, so you're paying beyond even the growth case. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| dcf fcff | 12M | $8.68 | — | — | Hist. CAGR | high |
| graham number | 12M | $11.02 | — | — | TTM | high |
| Peer P/FCF | 12M | $7.76 | 23.4 | 0.33 | TTM | high |
| Peer P/E | 12M | $34.61 | 37.2 | 0.93 | TTM | high |
| Peer P/S | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Only expensive valuation — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 1834% over what the business is worth with no growth; closing that gap needs roughly 25.4 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $0.13/sh owner earnings.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $19.13 |
| 3.1 |
| 6.09 |
| TTM |
| high |
| PEG | 12M | $14.16 | 15.2 | 0.93 | TTM | high |
| residual income | 12M | $7.12 | — | — | TTM | high |
| triangulated | 12M | $36.61 | 37.2 | 0.98 | Triangulated | high |
| Peer P/FCF | 3Y | $10.19 | 23.4 | 0.44 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $86.42 | 37.2 | 2.32 | Analyst | medium |
| Peer P/S | 3Y | $32.12 | 3.1 | 10.22 | Analyst | medium |
| PEG | 3Y | $35.36 | 15.2 | 2.32 | Analyst | medium |
| Peer P/FCF | 5Y | $12.23 | 23.4 | 0.52 | Hist. CAGR(prov.) | medium |
| Peer P/E | 5Y | $114.29 | 37.2 | 3.07 | Analyst | medium |
| Peer P/S | 5Y | $42.48 | 3.1 | 13.51 | Analyst | medium |
| PEG | 5Y | $46.77 | 15.2 | 3.07 | Analyst | medium |