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Needham upgrades Viavi to Buy with recovery ‘well underway’

Needham upgraded Viavi (VIAV) to Buy from Hold with a $15 price target The firm cites evidence that the North America service provider recovery is “well underway” and the balance of Viavi’s smaller verticals “appearing past bottom” for the upgrade. Viavi’s results have shown improving predictability and profitability over the second half of 2025, “a far cry from its challenges” which began two years ago, the analyst tells investors in a research note. Needham upped its estimates reflecting Viavi’s “steady organic growth and ample room for upside.”

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