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HLIT Stock Chart & Stats
$10.50
$0.05(0.38%)
At close: 4:00 PM EST
$10.50
$0.05(0.38%)
Day’s Range― - ―
52-Week Range$7.80 - $17.68
Previous CloseN/A
Volume305.31K
Average Volume (3M)2.23M
Market Cap
$1.31B
Enterprise Value$1.04K
Total Cash (Recent Filing)$109.00M
Total Debt (Recent Filing)$131.06M
Price to Earnings (P/E)―
Beta1.39
Next Earnings
Aug 03, 2026EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.37
Shares Outstanding108,496,440
10 Day Avg. Volume1,545,595
30 Day Avg. Volume2,233,709
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
$16.60Price Target Upside58.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.56
Revenue Forecast (FY)$469.58M
Bulls Say, Bears Say
Bulls Say
Record Backlog / Revenue VisibilityA large, growing backlog meaningfully improves near-term revenue visibility and reduces execution risk over the next 12 months. With ~60% expected to convert within a year, backlog supports predictable bookings conversion, smoother revenue cadence and better planning for capacity and customer ramps.
Strong Liquidity And Cash GenerationHealthy cash generation and substantial liquidity (cash, revolver, pending sale proceeds) provide durable financial flexibility to fund product development, secure supply, retire debt, and maintain capital returns. This buffer supports execution through supply cycles and strategic reinvestment over months.
Product & Market Expansion (DOCSIS 4.0 / Fiber)Expanding product mix into DOCSIS 4.0, fiber and network intelligence aligns with structural broadband upgrades, diversifying revenue streams. Increasing customer base and feature-led wins suggest sustainable secular demand and lower single-product dependence over the medium term.
Bears Say
High Customer ConcentrationHeavy dependence on two customers leaves revenue and cash conversion exposed to negotiation, timing and concentration shocks. Losing or delaying orders from these accounts could materially swing quarterly and annual results, elevating execution and collection risk for months ahead.
Declining TTM Revenue And Net LossTrailing declines in revenue and an ongoing net loss indicate underlying demand or margin challenges that pressured ROE. Even with strong gross margins, persistent top-line weakness and negative net margins can erode reinvestment capacity and shareholder returns without sustained recovery.
Supply-Chain & Memory Cost PressureComponent scarcity and elevated memory/tariff costs create structural margin headwinds during new product ramps. These cost pressures can compress gross margins and profitability over multiple quarters unless offset by price, efficiencies, or improved sourcing, limiting margin sustainability.
Harmonic News
HLIT FAQ
What was Harmonic’s price range in the past 12 months?
Harmonic lowest stock price was $7.80 and its highest was $17.68 in the past 12 months.
What is Harmonic’s market cap?
Harmonic’s market cap is $1.31B.
When is Harmonic’s upcoming earnings report date?
Harmonic’s upcoming earnings report date is Aug 03, 2026 which is in 13 days.
How were Harmonic’s earnings last quarter?
Harmonic released its earnings results on May 11, 2026. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.115 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 0.17.
How many shares outstanding does Harmonic have?
Harmonic has 108,496,440 shares outstanding.
What happened to Harmonic’s price movement after its last earnings report?
Harmonic reported an EPS of $0.17 in its last earnings report, beating expectations of $0.115. Following the earnings report the stock price went up 0.935%.
Which hedge fund is a major shareholder of Harmonic?
Currently, no hedge funds are holding shares in HLIT
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
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5
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7
8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.60 (58.10% Upside)
$16.60 (58.10% Upside)
Blogger Sentiment
Bullish
HLIT Sentiment 70%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 340.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $477.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 3.6%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.80%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-8.85%
Trailing 12-Months
Company Description
Harmonic
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.
HLIT Stock 12 Month Forecast
Average Price Target
$16.60
▲(58.10% Upside)
Technical Analysis
Ownership Overview
1.65% Insiders
21.17% Mutual Funds
1.26% Other Institutional Investors
48.26% Public Companies and
Individual Investors