Strategic Deals Bolster VIAVI’s (VIAV) Growth Outlook, Backed by Analyst Confidence

VIAVI Solutions Inc. (NASDAQ:VIAV) is one of the best low-priced technology stocks to buy right now. The company is taking steps to strengthen its position in the converging fields of network performance and cybersecurity. On September 10, the company announced a partnership with CrowdStrike, integrating VIAVI’s Observer platform with Falcon Next-Gen SIEM.

The collaboration combines end-user and network observability with CrowdStrike’s threat intelligence and automation, aiming to provide enterprises with the unified visibility needed for faster detection and response.

Strategic Deals Bolster VIAVI’s (VIAV) Growth Outlook, Backed by Analyst Confidence

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Alongside this operational momentum, strategic mergers and acquisitions (M&A) are reshaping the investment case. On August 29, Morgan Stanley upgraded VIAVI to Hold from Sell, raising the price target to $11 from $9.30, citing the pending acquisition of Spirent Communications’ assets as a catalyst for growth. The company is purchasing the Ethernet and network security business lines from Keysight Technologies, which has acquired Spirent.

The deal is expected to expand VIAVI’s reach in channel emulation and technology testing, areas that could provide accretion and improve its competitive positioning.

That said, risks remain. Exposure to service provider spending, tariff uncertainty, and volatility in carrier recovery temper enthusiasm. However, demand from aerospace, defense, and data center markets offers partial offsets.

Viavi Solutions Inc. (NASDAQ:VIAV) provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and railway.

While we acknowledge the potential of VIAV to grow, 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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Disclosure: None. This article is originally published at Insider Monkey.