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Technology - Communication Equipment - NASDAQ - US
$ 8.34
0.12 %
$ 976 M
Market Cap
25.27
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HLIT stock under the worst case scenario is HIDDEN Compared to the current market price of 8.34 USD, Harmonic Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HLIT stock under the base case scenario is HIDDEN Compared to the current market price of 8.34 USD, Harmonic Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HLIT stock under the best case scenario is HIDDEN Compared to the current market price of 8.34 USD, Harmonic Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HLIT

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$15.0$15.0$14.0$14.0$13.0$13.0$12.0$12.0$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
679 M REVENUE
11.65%
63.1 M OPERATING INCOME
184.76%
39.2 M NET INCOME
-53.31%
61.9 M OPERATING CASH FLOW
777.14%
-9.19 M INVESTING CASH FLOW
-8.39%
-33.3 M FINANCING CASH FLOW
-566.71%
222 M REVENUE
13.49%
52.9 M OPERATING INCOME
49.24%
38.1 M NET INCOME
75.52%
48.5 M OPERATING CASH FLOW
456.55%
-2.35 M INVESTING CASH FLOW
21.38%
-1.29 M FINANCING CASH FLOW
-43.76%
Balance Sheet Harmonic Inc.
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Current Assets 366 M
Cash & Short-Term Investments 101 M
Receivables 178 M
Other Current Assets 86.6 M
Non-Current Assets 430 M
Long-Term Investments 0
PP&E 39.2 M
Other Non-Current Assets 391 M
12.74 %22.35 %10.87 %4.93 %49.11 %Total Assets$796.5m
Current Liabilities 168 M
Accounts Payable 35.2 M
Short-Term Debt 7.87 M
Other Current Liabilities 124 M
Non-Current Liabilities 164 M
Long-Term Debt 127 M
Other Non-Current Liabilities 36.9 M
10.64 %37.57 %38.28 %11.13 %Total Liabilities$331.2m
EFFICIENCY
Earnings Waterfall Harmonic Inc.
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Revenue 679 M
Cost Of Revenue 313 M
Gross Profit 366 M
Operating Expenses 303 M
Operating Income 63.1 M
Other Expenses 23.9 M
Net Income 39.2 M
700m700m600m600m500m500m400m400m300m300m200m200m100m100m00679m(313m)366m(303m)63m(24m)39mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
53.91% GROSS MARGIN
53.91%
9.30% OPERATING MARGIN
9.30%
5.78% NET MARGIN
5.78%
8.43% ROE
8.43%
4.92% ROA
4.92%
6.71% ROIC
6.71%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Harmonic Inc.
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60m60m50m50m40m40m30m30m20m20m10m10m00(10m)(10m)(20m)(20m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 39.2 M
Depreciation & Amortization 12.1 M
Capital Expenditures -9.19 M
Stock-Based Compensation 28.1 M
Change in Working Capital -25 M
Others 31.9 M
Free Cash Flow 52.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Harmonic Inc.
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Wall Street analysts predict an average 1-year price target for HLIT of $15.5 , with forecasts ranging from a low of $12.5 to a high of $18 .
HLIT Lowest Price Target Wall Street Target
12.5 USD 49.88%
HLIT Average Price Target Wall Street Target
15.5 USD 85.85%
HLIT Highest Price Target Wall Street Target
18 USD 115.83%
Price
Max Price Target
Min Price Target
Average Price Target
1818171716161515141413131212111110109988May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Harmonic Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
576 K USD 1
9-12 MONTHS
577 K USD 1
Bought
327 K USD 4
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Harmonic Spotlights Industry-First Playout-to-Delivery Solution at the 2025 NAB Show SAN JOSE, Calif. , April 2, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced industry-first innovations to its comprehensive playout-to-delivery solution, empowering broadcasters and content owners with streamlined media workflows, optimized control and significant cost savings. prnewswire.com - 1 week ago
Third Harmonic Bio Announces Fourth Quarter and Full Year 2024 Financial Results Recently presented THB335 Phase 1 data support advancement into Phase 2 clinical trial in chronic spontaneous urticaria (CSU) globenewswire.com - 2 weeks ago
HLIT Enhances VOS360 Solution With AI-Driven Features: Stock to Gain? Harmonic enhances video streaming technology with the introduction of AI-driven features in VOS360 SaaS Solutions. zacks.com - 2 weeks ago
Harmonic Leads AI and Cloud Innovation with Enhancements to VOS360 SaaS Solutions SAN JOSE, Calif. , March 25, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company's market-leading VOS®360 SaaS solutions have been further enhanced with new AI advancements to elevate viewer engagement and drive monetization. prnewswire.com - 2 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Harmonic Inc. - HLIT NEW YORK, NY / ACCESS Newswire / March 19, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Harmonic Inc ("Harmonic" or the "Company") (NASDAQ:HLIT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accessnewswire.com - 3 weeks ago
Harmonic Expands XOS Advanced Media Processor to Elevate Video Delivery Bold New Capabilities Include AI-Enabled Closed Captioning, Streamlined Primary Distribution and Support for DTV+ SAN JOSE, Calif. , March 19, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced significant new enhancements to the company's XOS Advanced Media Processor to elevate video streaming and broadcast delivery. prnewswire.com - 3 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Harmonic Inc. - HLIT NEW YORK , March 17, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Harmonic Inc ("Harmonic" or the "Company") (NASDAQ: HLIT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. prnewswire.com - 3 weeks ago
HLIT Enhances Video Streaming Technology With New Origin Capabilities Harmonic introduces new features in its VOS family and XOS Advanced Media Processor to enhance video streaming technology. zacks.com - 3 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Harmonic Inc. - HLIT NEW YORK, NY / ACCESS Newswire / March 15, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Harmonic Inc ("Harmonic" or the "Company") (NASDAQ:HLIT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accessnewswire.com - 3 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Harmonic Inc. - HLIT NEW YORK CITY, NY / ACCESS Newswire / March 13, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Harmonic Inc ("Harmonic" or the "Company") (NASDAQ:HLIT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accessnewswire.com - 4 weeks ago
Harmonic Amps Up Video Streaming Efficiency with New Origin Capabilities New Video Streaming Innovation Delivers Unmatched Flexibility and Cost Savings for Service Providers and Broadcasters SAN JOSE, Calif. , March 13, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a breakthrough in video streaming innovation with the launch of new origin capabilities. prnewswire.com - 4 weeks ago
HLIT Solution Streamlines Weigel's Video Distribution: Stock to Gain? Harmonic simplifies Weigel's video distribution with cutting-edge VOS Media Software. zacks.com - 4 weeks ago
8. Profile Summary

Harmonic Inc. HLIT

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COUNTRY US
INDUSTRY Communication Equipment
MARKET CAP $ 976 M
Dividend Yield 0.00%
Description 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.
Contact 2590 Orchard Parkway, San Jose, CA, 95131 https://www.harmonicinc.com
IPO Date May 23, 1995
Employees 1240
Officers Mr. Jeremy Rosenberg Senior Vice President of Business Development Mr. Neven Haltmayer Senior Vice President & GM David Hanover Investor Relation Officer Mr. Timothy C. Chu J.D. General Counsel, Senior Vice President of Human Resources & Corporate Secretary Mr. Gil Rudge Senior Vice President of Solutions, Americas Sales & Video Business Mr. Dan Gledhill Senior Vice President of Corporate Development Mr. Nimrod Ben-Natan President, Chief Executive Officer & Director Ms. Pamela Gillies Vice President of Marketing Mr. Jeffrey Glahn Senior Vice President of Global Sales Mr. Walter F. Jankovic Chief Financial Officer