Harmonic Inc.

Harmonic Inc.

HLITยทNASDAQ

$14.66

-7.3%
TechnologyCommunication Equipment

Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$1.59B
EPS-0.3800
P/E Ratio-38.58
Earnings Date07/27/2026
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Harmonic Inc. Street Expectations Map

HLIT ยท NASDAQ

Wall Street analysts project that HLIT stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 15.75, with estimates ranging from a low of 15.00 to a high of 18.00.

Lowest Target
15.00
2.32%
Consensus Target
15.75
7.44%
Highest Target
18.00
22.78%

The consensus 1-year price target stands at 15.75, with estimates ranging from a low of 15.00 to a high of 18.00.

Analyst Consensus Analysis

Upside Potential

+7.4%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

19.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Harmonic Inc. Forward Estimates of Revenue

HLIT ยท NASDAQ
Latest Revenue
360.52M
FY 2025
Avg Estimate
490.44M
FY 2026
Estimate Range
462.71M - 508.76M
Analyst Spread

Forward Growth Analysis

Projected Growth+36.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Harmonic Inc. Forward Estimates of Net Income

HLIT ยท NASDAQ
Latest Net Income
-43.31M
FY 2025
Avg Estimate
69.78M
FY 2026
Estimate Range
62.80M - 76.76M
Analyst Spread

Forward Growth Analysis

Projected Growth+261.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread20%

Moderate uncertainty in forecastsโ€”typical for companies with evolving business models.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Harmonic Inc. Forward Estimates of EPS

HLIT ยท NASDAQ
Latest EPS
-0.38
FY 2025
Avg Estimate
$0.64
FY 2026
Estimate Range
$0.55 - $0.67
Analyst Spread

Forward Growth Analysis

Projected Growth+268.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread19%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Harmonic Inc. Forward Estimates of EBIT

HLIT ยท NASDAQ
Latest EBIT
12.66M
FY 2025
Avg Estimate
29.11M
FY 2026
Estimate Range
27.47M - 30.20M
Analyst Spread

Forward Growth Analysis

Projected Growth+129.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Harmonic Inc. Forward Estimates of EBITDA

HLIT ยท NASDAQ
Latest EBITDA
23.74M
FY 2025
Avg Estimate
40.31M
FY 2026
Estimate Range
38.03M - 41.81M
Analyst Spread

Forward Growth Analysis

Projected Growth+69.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Harmonic Inc. Forward Estimates of SG&A Expense

HLIT ยท NASDAQ
Latest SG&A Expense
82.75M
FY 2025
Avg Estimate
120.35M
FY 2026
Estimate Range
113.55M - 124.85M
Analyst Spread

Forward Growth Analysis

Projected Growth+45.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Harmonic Inc. Insider Positioning

HLIT ยท NASDAQ

During the last 12 months, insiders have purchased $516K and sold $641K worth of HLIT shares, resulting in $126K of net selling activity.

3 Months

Bought

0

0.00

Sold

36.1K

477.81K

Net Activity

-478K

-$478K

3-6 Months

Bought

47.5K

499.04K

Sold

15.6K

163.51K

Net Activity

+336K

+$336K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

2.0K

16.50K

Sold

0

0.00

Net Activity

+17K

+$17K

Top Buyers

1
KD

Krall David

Director

47.5K sharesโ€ข1 transactions

$499K

2
WDT

Whalen Daniel T

Director

2.0K sharesโ€ข1 transactions

$17K

Top Sellers

1
HN

Haltmayer Neven

Officer: Svp & Gm, Video Business

47.4K sharesโ€ข3 transactions

$584K

2
CS

Copeland Stephanie

Director

4.3K sharesโ€ข1 transactions

$57K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Slightly bearish with $126K net selling. Selling modestly exceeds buying, which could be routine diversification rather than concern.

Buy/Sell Ratio

0.80:1

Moderately negative ratio. Selling is roughly double the buying, which may be routine or signal caution.

Recent Trend (3 Months)

$478K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Balanced

2 insider buyers and 2 sellers. Equal participation suggests mixed or neutral insider views.