0J38 Stock Chart & Stats
$12.07
$0.54(4.86%)
At close: 4:00 PM EDT
$12.07
$0.54(4.86%)
Day’s Range― - ―
52-Week Range$8.54 - $19.80
Previous CloseN/A
Volume786.00
Average Volume (3M)3.95K
Market Cap
$1.28B
Enterprise Value$1.44K
Total Cash (Recent Filing)$231.86M
Total Debt (Recent Filing)$130.12M
Price to Earnings (P/E)―
Beta0.92
Next Earnings
Nov 02, 2026EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.42
Shares Outstanding109,066,444
10 Day Avg. Volume1,569
30 Day Avg. Volume3,949
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)2.93
Price to Sales (P/S)3.12
P/FCF Ratio11.60
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$17.50Price Target Upside44.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.64
Revenue Forecast (FY)$490.44M
Bulls Say, Bears Say
Bulls Say
Record Backlog And Raised GuidanceRecord backlog and strong near-term conversion provide improved revenue visibility. The raised 2026 Broadband outlook indicates sustained customer demand and gives management a stronger base for planning investment and capacity.
Fiber, DOCSIS 4.0 And Software AdoptionExposure to fiber upgrades, DOCSIS 4.0 and software intelligence supports structural demand beyond legacy video. Growing deployments and reported call reductions can deepen customer value and expand recurring platform adoption.
Improved Liquidity And Manageable LeverageThe stronger liquidity position gives Harmonic flexibility to fund product development, working capital and customer deployments while limiting balance-sheet strain. Manageable leverage also provides resilience during the broadband investment cycle.
Bears Say
High Customer ConcentrationDependence on two large customers creates material renewal, pricing and purchasing-timing risk. Rest-of-market growth is encouraging, but it has not yet reduced concentration enough to ensure a diversified and resilient revenue base.
Volatile Revenue And Recurring LossesThe sharp historical contraction and return to net losses show that earnings power remains unstable. Solid gross and operating margins are not yet sufficient to offset revenue volatility, so the current recovery still requires sustained execution.
Component Costs And Working-capital PressureHigher memory costs can compress margins, while inventory accumulation ties up cash and increases execution risk. Negative quarterly free cash flow also contrasts with improved annual cash generation and highlights ongoing working-capital sensitivity.
Harmonic News
0J38 FAQ
What was Harmonic Inc.’s price range in the past 12 months?
Harmonic Inc. lowest share price was $8.54 and its highest was $19.80 in the past 12 months.
What is Harmonic Inc.’s market cap?
Harmonic Inc.’s market cap is $1.28B.
When is Harmonic Inc.’s upcoming earnings report date?
Harmonic Inc.’s upcoming earnings report date is Nov 02, 2026 which is in 60 days.
How were Harmonic Inc.’s earnings last quarter?
Harmonic Inc. released its earnings results on Aug 12, 2026. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.168 by $0.042.
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 0.17.
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 $0.21 in its last earnings report, beating expectations of $0.168. Following the earnings report the stock price went up 7.396%.
Which hedge fund is a major shareholder of Harmonic Inc.?
Currently, no hedge funds are holding shares in GB:0J38
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$17.50 (44.99% Upside)
$17.50 (44.99% Upside)
Blogger Sentiment
Bullish
GB:0J38 Sentiment 75%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.81%
12-Months-Change
Fundamentals
Return on Equity
―
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.
0J38 Company Deck
0J38 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 GB:0J38 earnings summaries0J38 Stock 12 Month Forecast
Average Price Target
$17.50
▲(44.99% Upside)