Ericsson (ERIC) vs Viavi Solutions (VIAV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Viavi Solutions (VIAV) has outperformed Ericsson (ERIC) over the past year, gaining 265.8% versus a gain of 12.2%. Over five years, VIAV leads with a +198.5% price change compared with -22.3% for ERIC. Ericsson is the larger company by market cap ($30.78 billion vs $11.38 billion), about 2.7 times the size.
On valuation, Ericsson trades at a lower forward P/E (15.5x vs 23.7x for Viavi Solutions).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERIC | VIAV |
|---|---|---|
| Share price | $9.46 | $46.27 |
| Market cap | $30.78B | $11.38B |
| 1-day change | +0.32% | -3.88% |
| YTD return | -1.97% | +159.65% |
| 1-year return | +12.22% | +265.77% |
| 5-year return | -22.33% | +198.52% |
| P/E ratio (TTM) | 11.97 | — |
| Forward P/E | 15.45 | 23.72 |
| EPS (TTM) | $0.79 | $-0.12 |
| Dividend yield | 3.37% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $1.52B |
| Revenue growth (YoY) | — | +40.03% |
| Net income (latest FY) | — | $-30.40M |
| Gross margin | — | 57.66% |
| Operating margin | — | 6.92% |
| Net margin | — | -2.00% |
| 52-week high | $13.77 | $60.43 |
| 52-week low | $8.12 | $12.23 |
| Distance from 52-week high | -31.30% | -23.43% |
| Analyst consensus | underperform | none |
| Avg. price target upside | -1.37% | +32.76% |
| Average volume | 11.03M | 5.05M |
| Shares outstanding | 2.99B | 245.92M |
| Employees | 86,536 | 4,100 |
| Sector | Technology | Technology |
| Industry | Radio And Television Broadcasting And Communications Equipment | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Ericsson is about 2.7 times larger than Viavi Solutions by market value ($30.78B vs $11.38B).
- VIAV has outperformed ERIC by 253.6 percentage points over the past year.
- Ericsson offers a meaningfully higher dividend yield (3.37% vs 0.00%).
About Ericsson
ERIC stock →Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments.
Technology · Radio And Television Broadcasting And Communications Equipment · 86,536 employees
About Viavi Solutions
VIAV stock →Viavi Solutions Inc. engages in the provision of test and measurement and optical technologies for military, aerospace, railway and first responder communications in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Technology · Semiconductors · 4,100 employees
ERIC vs VIAV FAQ
Which is bigger, Ericsson or Viavi Solutions?
Ericsson (ERIC) is larger, with a market capitalization of $30.78B compared with $11.38B for Viavi Solutions (VIAV).
Which stock has performed better over the past year, ERIC or VIAV?
VIAV returned +265.77% over the past 12 months, compared with +12.22% for ERIC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Ericsson or Viavi Solutions?
Ericsson pays a dividend yielding 3.37%, while Viavi Solutions does not currently pay a regular dividend.
Are Ericsson and Viavi Solutions in the same industry?
Both are in the Technology sector, but in different industries: Radio And Television Broadcasting And Communications Equipment for Ericsson and Semiconductors for Viavi Solutions.