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Harmonic (HMC) Stock Price & Analysis

3 Followers

HMC Stock Chart & Stats

€8.98€0.58(10.32%)
At close: 5:30 PM GMT+1
€9€10€11€12Jul 17Aug 10Aug 14Aug 21Sep 23Sep 24Oct 12
Day’s Range
EUR 8.98 - EUR 8.98
52-Week Range
EUR 7.53 - EUR 16.85
Previous Close
EUR 8.14
Volume
N/A
Average Volume (3M)
35
Market Cap
EUR 961.09M
Enterprise Value
EUR 1.14B
Total Cash (Recent Filing)
EUR 142.84M
Total Debt (Recent Filing)
EUR 54.13M
Price to Earnings (P/E)
―
Beta
0.77
Next Earnings
Feb 01, 2027 (Est.)
EPS Estimate
0.19
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Market Diversification

Rapid Rest-of-Market growth is broadening Harmonic’s revenue base beyond its traditional customer mix and reducing reliance on a narrower business area. If this segment becomes the majority of revenue as management expects, it could support more diversified growth and strengthen long-term market positioning.

Revenue Visibility

The substantial backlog and deferred revenue balance provides meaningful forward visibility into sales conversion over the next year. This supports planning, resource allocation, and confidence in near-term revenue execution while giving the company a foundation for continued investment in its growth platforms.

Operating Improvement

Material improvement in operating and gross margins indicates that the business is converting its revenue rebound into stronger operational performance. Maintaining these gains would improve earnings capacity, create more flexibility for research and development, and strengthen resilience against cost pressure.

Bears Say

Losses And Cash-flow Volatility

Harmonic has not yet translated improved operating performance into consistent bottom-line profitability or durable cash generation. Continued losses and volatile free cash flow could constrain internally funded investment, reduce capital allocation flexibility, and make execution more sensitive to working-capital movements.

Customer Concentration

Heavy dependence on a small number of customers creates a durable concentration risk for revenue stability and negotiating power. Changes in spending, deployment timing, or commercial terms from a major account could have an outsized effect on results and make growth less predictable.

Persistent Cost Pressure

Ongoing increases in memory and other component costs can pressure gross margins if they cannot be passed through to customers. The expected persistence into 2027 makes this more than a temporary headwind, potentially limiting the durability of recent margin improvement and operating leverage.

Harmonic News

HMC FAQ

What was Harmonic’s price range in the past 12 months?
Harmonic lowest stock price was €7.53 and its highest was €16.85 in the past 12 months.
What is Harmonic’s market cap?
Harmonic’s market cap is €961.09M.
When is Harmonic’s upcoming earnings report date?
Harmonic’s next earnings report is estimated for Feb 01, 2027 (not yet confirmed), which is in 81 days.
How were Harmonic’s earnings last quarter?
Harmonic released its earnings results on Nov 02, 2026. The company reported €0.206 earnings per share for the quarter, beating the consensus estimate of €0.152 by €0.055.
Is Harmonic overvalued?
According to Wall Street analysts Harmonic’s price is currently Undervalued.
Does Harmonic pay dividends?
Harmonic does not currently pay dividends.
What is Harmonic’s EPS estimate?
Harmonic’s EPS estimate is 0.19.
How many shares outstanding does Harmonic have?
Harmonic has 107,450,290 shares outstanding.
What happened to Harmonic’s price movement after its last earnings report?
Harmonic reported an EPS of €0.206 in its last earnings report, beating expectations of €0.152. Following the earnings report the stock price went up 13.385%.
Which hedge fund is a major shareholder of Harmonic?
Hedge funds hold Harmonic shares: the largest hedge-fund position in Harmonic is 2,134,448,440 shares, and hedge funds increased their holdings by 225.0K shares last quarter.
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