HMC Stock Chart & Stats
Currently, no data available
Please return soon. This page is being updated.
Bulls Say, Bears Say
Bulls Say
Record Backlog And Raised GuidanceThe record backlog and high near-term conversion rate provide meaningful revenue visibility beyond a single quarter. Combined with raised full-year guidance, this supports more predictable execution, improves planning confidence, and creates a stronger base for earnings over the next several quarters.
Broadband Product And Market MomentumMomentum across fiber, DOCSIS 4.0, and operator infrastructure indicates Harmonic is participating in durable network modernization trends. Broadening product adoption can strengthen its market position, increase deployment opportunities, and support follow-on software, service, and support revenue.
Improved Liquidity And Manageable LeverageThe enlarged cash position and available credit provide financial flexibility to fund product investment, absorb operating volatility, and support customer deployments. Manageable leverage further reduces balance-sheet pressure, giving management more capacity to pursue growth while profitability recovers.
Bears Say
High Customer ConcentrationRevenue concentration leaves Harmonic materially exposed to spending decisions, deployment timing, or contract changes at a small number of customers. Although rest-of-market activity is improving, losing or delaying one major relationship could still create substantial revenue and earnings volatility.
Severe Revenue And Earnings VolatilityThe sharp revenue decline and return to losses show that recent earnings power is not yet consistently durable. Even with resilient gross and operating margins, unstable demand and bottom-line performance can constrain reinvestment, weaken returns on equity, and reduce financial flexibility.
Memory Cost And Inventory PressureHigher memory costs can directly compress margins, while elevated inventory ties up cash and increases working-capital requirements. If component pricing or demand conditions remain unfavorable, these pressures could limit free cash flow and offset some of the benefit from stronger broadband revenue.
Harmonic News
HMC FAQ
What was Harmonic Inc.’s price range in the past 12 months?
Currently, no data Available
What is Harmonic Inc.’s market cap?
Harmonic Inc.’s market cap is CHF952.45M.
When is Harmonic Inc.’s upcoming earnings report date?
Harmonic Inc.’s upcoming earnings report date is Nov 02, 2026 which is in 20 days.
How were Harmonic Inc.’s earnings last quarter?
Harmonic Inc. released its earnings results on Aug 12, 2026. The company reported CHF0.175 earnings per share for the quarter, beating the consensus estimate of CHF0.14 by CHF0.035.
Is Harmonic Inc. overvalued?
According to Wall Street analysts Harmonic Inc.’s price is currently Undervalued.
Does Harmonic Inc. pay dividends?
Harmonic Inc. does not currently pay dividends.
What is Harmonic Inc.’s EPS estimate?
Harmonic Inc.’s EPS estimate is 0.14.
How many shares outstanding does Harmonic Inc. have?
Harmonic Inc. has 109,066,444 shares outstanding.
What happened to Harmonic Inc.’s price movement after its last earnings report?
Harmonic Inc. reported an EPS of CHF0.175 in its last earnings report, beating expectations of CHF0.14. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Harmonic Inc.?
Currently, no hedge funds are holding shares in CH:HMC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Harmonic Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
CHF14.52 (― Upside)
CHF14.52 (― Upside)
Blogger Sentiment
Bullish
CH:HMC Sentiment 80%
Sector Average 64%
Sector Average 64%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.92%
12-Months-Change
Fundamentals
Return on Equity
-12.23%
Trailing 12-Months
Asset Growth
-19.24%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Harmonic Inc.
Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable operators, satellite and telecommunications Pay-TV providers, as well as broadcast and a variety of media companies, specifically those involved in streaming. This segment offers dedicated video processing equipment, which encompasses network management and application software, complemented by hardware components such as encoders, video servers, high-density stream processing units, and edge processors. Furthermore, it provides Software-as-a-Service (SaaS) platforms that enable the bundling and transmission of diverse streaming content – including live streams, video-on-demand, catch-up TV, start-over TV, network-based digital video recording (DVR), and cloud-based DVR services. These services are delivered via HTTP streaming to a multitude of devices and incorporate dynamic, personalized advertising insertion capabilities. The Cable Access division specializes in offering CableOS software-centric cable access solutions and CableOS central cloud services, primarily targeting cable operators. Ultimately, Harmonic's product suite empowers its clients to create, manage, store, broadcast, and stream a wide spectrum of video services to end-user devices, including televisions, personal computers, laptops, tablets, and smartphones. Beyond its core offerings, the company provides a range of technical support and professional services. These include ongoing maintenance and support, expert consulting, system implementation, project oversight, technical design and planning, site preparation, integration, equipment installation, thorough system testing, and user training. The company distributes its products both through its internal sales team and indirectly via independent resellers and systems integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.
HMC Company Deck
HMC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a notably positive operational and financial update: strong top-line growth (Q2 revenue +54% YoY), record bookings and backlog, raised full-year guidance, improved profitability and a sizable cash infusion from the Video sale. Product momentum across fiber, DOCSIS 4.0, and the intelligence platform, plus a very high customer NPS (87), support continued growth. Key risks include customer concentration (two customers representing 63% of revenue), elevated inventory and memory cost pressures (built-in ~$3M/quarter), stranded costs from the Video divestiture (~$10M FY), and negative free cash flow in the quarter. On balance, the positive financial performance, improved visibility from backlog, and strategic progress materially outweigh the challenges called out.View all CH:HMC earnings summaries