| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 94 | 0.2x | 17.8x | Top tier | |
Growth | 43 | — | 7.1% | Around median | |
Quality | 42 | 5.3% | 4.5% | Around median | |
Safety | 80 | — | 2.6x | Top tier | |
Capital Return | 99 | — | 2.12% | Top tier | |
Momentum | 8 | -31.5% | 2.9% | Bottom tier | |
Sentiment | 67 | 3 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Vistance Networks, through Aurora Networks, sells broadband networking equipment and software to telecommunications operators. Its portfolio includes DOCSIS 4.0 amplifiers and nodes, the E6000 and C100G platforms, vCCAP, PON, and vBNG solutions, the ServAssure NXT platform, and PKI solutions for device security and digital certificates. In Q2 fiscal 2026, DOCSIS 4.0 products accounted for approximately 70% of Aurora's revenue, while legacy products represented approximately 15% of revenue and 25% of adjusted EBITDA; smaller businesses include video, PON, and security solutions. Following the sale of Ruckus to Belden for $1.846 billion in cash on July 1, 2026, the company's strategy became focused on Aurora and the DOCSIS 4.0 upgrade cycle, while considering investment in PON, vBNG, and PKI within and beyond the cable market.
According to EDGAR data, Vistance Networks reported Q2 fiscal 2026 revenue of $319.6 million and gross profit of $112.9 million, equivalent to a gross margin of approximately 35.3%, with net income of $295.2 million and earnings per share of $1.21. According to the adjusted metrics presented on the August 6, 2026 call, sales from continuing operations were $320 million, down 1% year over year, and adjusted EBITDA declined 32% to $36 million, while Aurora alone generated sales of $319 million and adjusted EBITDA of $46 million, for a margin of approximately 14.4%.
The decline in profitability in Q2 fiscal 2026 was steeper than the revenue decline, as Aurora's adjusted EBITDA fell 43% year over year due to higher memory chip prices, stranded costs following divestitures, and lower sales of high-margin legacy licenses. The company ended the quarter debt-free with $152 million in cash, after which cash reached $1.9 billion at the end of July 2026 following the Ruckus transaction, before a special distribution of $5 per share, or approximately $1.15 billion, that was scheduled to be paid by the end of August 2026. Management expects to end fiscal 2026 with cash of between $700 million and $750 million, in addition to an expected tax refund of approximately $160 million in the second half of 2027.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $17, with the high and low targets both matching that figure, while the consensus rating is Neutral; the absence of any variation among the targets makes this reference less informative than a consensus based on a range of estimates. The $17 target falls within the 52-week range of $6–20.55 and is approximately 17% below its high, while no usable price-to-earnings ratio is available; therefore, the stock's valuation depends largely on balancing post-Ruckus-sale liquidity and the DOCSIS 4.0 opportunity against reduced earnings guidance, memory chip pressure, and contraction in the legacy business.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
After closing the sale of Ruckus to Belden for $1.846 billion on July 1, 2026, the operational focus shifted to Aurora Networks. Aurora sells DOCSIS 4.0 amplifiers and nodes, E6000 and C100G platforms, vCCAP, PON, vBNG, and PKI solutions, and network monitoring tools. In fiscal 2026, DOCSIS 4.0 products accounted for approximately 70% of Aurora's revenue, while the legacy business accounted for approximately 15%. The company is considering directing its liquidity toward PON, vBNG, and PKI, as well as opportunities within and beyond the cable market.
According to EDGAR data, revenue was $319.6 million and gross profit was $112.9 million, equivalent to a gross margin of approximately 35.3%. Reported net income was $295.2 million, and earnings per share were $1.21. According to the adjusted metrics presented on the August 6, 2026 call, revenue from continuing operations was $320 million, down 1% year over year, and adjusted EBITDA was $36 million, down 32%. Aurora reported revenue of $319 million and adjusted EBITDA of $46 million, representing a 43% year-over-year decline in adjusted EBITDA.
Management reduced adjusted EBITDA guidance by $25 million to $200–225 million. It estimated that higher memory chip prices and availability issues would have an impact of approximately $40 million on the fiscal 2026 outlook, in addition to approximately $20 million of stranded costs related to the CCS and Ruckus divestitures. Nonrecurring legacy license sales and some customers delaying their upgrades by one or two quarters also affected the comparison. Management warned on August 6, 2026 that results could reach the low end of the range or fall below it if memory conditions worsened.
DOCSIS 4.0 products, including amplifiers, nodes, modules, virtual CMTS, and network management systems, represented approximately 70% of Aurora's revenue in fiscal 2026. The company was deploying FDX at Comcast and shipping ESD amplifiers to several large North American operators in Q2 fiscal 2026. Backlog was $470 million at the end of that quarter, after which Aurora received approximately $200 million in orders during July 2026. Conversely, the order rate declined 55% year over year and backlog fell 15%, highlighting the business's sensitivity to project timing.
The sale of Ruckus generated net proceeds of approximately $1.75 billion, and cash reached $1.9 billion at the end of July 2026. The board approved a special distribution of $5 per share, or approximately $1.15 billion, that was scheduled to be paid by the end of August 2026 without adding debt. The company expects to end fiscal 2026 with between $700 million and $750 million in cash and also expects a tax refund of approximately $160 million in the second half of 2027. Potential uses of the remaining funds include investment in PON, vBNG, and PKI, disciplined acquisitions, and an authorized share repurchase program of up to $100 million.
The three largest customers accounted for approximately 70% of Q2 fiscal 2026 revenue, making the timing of spending by a limited number of customers influential on results. Management estimated that memory chip issues would have an impact of approximately $40 million on the fiscal 2026 outlook, while stranded costs add approximately $20 million of pressure. The legacy business also represents 15% of revenue but generates 25% of adjusted EBITDA, and management expects its decline to continue as customers transition to DOCSIS 4.0 and virtual CMTS. In addition, quarterly orders declined 55% year over year, and the company reduced adjusted EBITDA guidance to $200–225 million.
