Stocks · News reference
Needham analyst Ryan Koontz maintains Viavi Solutions (NASDAQ:VIAV) with a Buy and lowers the price target from $68 to $60.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Ciena Corporation reported Q3 revenue growth of 37% and adjusted EPS surge of 215%, driven by strong AI network spending. The company's backlog exceeded $10 billion with most demand for 2027, and it projects at least 30% revenue growth in fiscal 2027. Competitors Corning and Viavi Solutions are also benefiting from AI infrastructure and data center investments.
Ciena Corporation reported strong Q3 fiscal 2026 results with adjusted earnings of $2.11 per share (215% YoY growth) and revenues of $1.67 billion (37% YoY growth), driven by AI-led cloud demand. Cloud provider revenues jumped 82% YoY and represented 53% of total sales. The company raised full-year 2026 guidance to $6.42 billion and projects at least 30% revenue growth for fiscal 2027.
Keysight Technologies is advancing its electronic design automation (EDA) solutions for semiconductor development, helping companies like AttoTude reduce design cycles by over 50% and achieve faster chip development for AI infrastructure. The company faces competition from Viavi Solutions and Vistance Networks, which are also expanding their testing and network solutions portfolios.