Update shared on31 Jul 2025
Fair value Decreased 1.40%Analysts left key valuation metrics for Harmonic virtually unchanged, with the consensus price target decreasing only modestly from $10.21 to $10.07.
What's in the News
- Harmonic provided Q3 2025 guidance forecasting net revenue of $120–$135 million, a net income range of negative $4 million to breakeven, and operational income from negative $5 million to $3 million.
- The company completed the repurchase of 5,081,393 shares (4.38% of shares outstanding) for $50.09 million under its 2025 buyback program.
- Harmonic was added to multiple Russell value and defensive indexes, improving its visibility among small- and mid-cap investors.
- Mediacom and Vectra selected Harmonic’s cOS virtualized broadband platform, enhancing Harmonic’s leadership in DOCSIS 4.0 and distributed access architecture deployments, while expanding partnerships with Cignal TV, Evolution Digital, and CUJO AI.
- Harmonic announced and is showcasing major video and broadband innovations, including AI-driven video solutions, ad insertion technologies, advanced live sports streaming, and fiber-grade broadband for multi-dwelling units, driving new monetization and operational efficiencies.
Valuation Changes
Summary of Valuation Changes for Harmonic
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $10.21 to $10.07.
- The Future P/E for Harmonic remained effectively unchanged, moving only marginally from 18.99x to 18.73x.
- The Discount Rate for Harmonic remained effectively unchanged, moving only marginally from 7.69% to 7.71%.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.