5 Under-the-Radar Stocks That Are On Fire Right Now

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1. Viavi Solutions Inc. (NASDAQ:VIAV)

YTD Performance: 188.62%

On April 30, Rosenblatt analyst Mike Genovese raised the firm’s price target on Viavi Solutions Inc. (NASDAQ:VIAV) to $70 from $42 and maintained a Buy rating following what the firm described as a clean third-quarter beat-and-raise performance. The analyst added that the anticipated AI-driven expansion could persist for multiple years.

The same day, Susquehanna raised its price target on Viavi Solutions Inc. (NASDAQ:VIAV) to $65 from $25 and kept a Positive rating on the shares. The firm also increased estimates to reflect a 25% revenue CAGR for the NSE segment, which it expects to account for 80% of total revenue by fiscal 2028.

Viavi Solutions Inc. (NASDAQ:VIAV) is a global leader in network test, monitoring, and assurance solutions, as well as optical technologies serving telecommunications, data centers, and aerospace markets. The company provides instruments, software, and services used to test and optimize fiber optic, copper, and wireless networks, including 5G and 6G infrastructure. Founded in 2015, Viavi Solutions is headquartered in Chandler, Arizona.

Viavi Solutions offers an attractive growth profile as analysts sharply increased targets based on accelerating AI-related demand and strong revenue expectations across key segments. With shares surging 188.62% year-to-date, the stock’s exceptional momentum suggests the market is increasingly pricing in a multi-year expansion cycle.

While we acknowledge the potential of VIAV as an under-the-radar stock that is on fire right now, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VIAV and that has 100x upside potential, check out our report about this cheapest AI stock.

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