Consolidation And Digital Shift Will Trigger Margin Erosion

AN

AnalystLowTarget

Not Invested

Community Contributor

Published

10 May 25

Updated

31 Mar 26

Views

14

n/a

n/a

AnalystLowTarget's Fair Value

n/a

1Y

35.2%

7D

7.4%

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1Y

35.2%

7D

7.4%

You can edit this narrative until Apr 1 9:05 PM. Then, changes will post as Updates.

Author's Valuation

US$853.5% overvalued

AnalystLowTarget Fair Value

Shared on 31 Mar 26

HLIT: Future Multiple Compression Will Follow Record Broadband Orders Momentum

Analysts have raised their price target on Harmonic to $14 from $12.50, citing record Q4 Broadband orders of $347m and a 3.5x book-to-bill ratio as key factors supporting their updated view. Analyst Commentary Street research points to a constructive view on Harmonic following the Q4 report, with the higher price target framed around record Broadband orders of US$347m and a 3.5x book to bill ratio.

1 view

Shared on 17 Mar 26

HLIT: Future Earnings Multiple Contraction Will Follow Peak Broadband Booking Momentum

Analysts have nudged their view on Harmonic higher, with a fresh $14 price target, up from $12.50. They cite record Q4 broadband orders of $347m and a book to bill of 3.5x as key supports for the updated outlook.

1 view

Shared on 20 Jan 26

Fair value Increased 14%

HLIT: Future Earnings Multiple Contraction Will Outweigh Broadband And Streaming Wins

Analysts have raised their price target on Harmonic, citing updated assumptions that include a revised fair value of 8.0, adjustments to revenue growth and profit margin expectations, and a lower future P/E multiple of 6.42x compared with the previous 15.28x. What's in the News Czech Television is working with Harmonic to modernize its video streaming workflow using the XOS Advanced Media Processor, bringing transcoding in-house and using AI-powered EyeQ encoding for multi device delivery across mobile, web apps and HbbTV (Client announcement).

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Valuator

Company Info

Notes

AnalystLowTarget Fair Value

US$8

53.5% overvalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

1.04%

Historical revenue growth rate

4.46%

Communications revenue growth rate

0.58%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.92%

Calculation

US$62.41m

Earnings '29

x

16.64x

PE Ratio '29

=

US$1.04b

Market Cap '29

US$1.04b

Market Cap '29

/

102.10m

No. shares '29

=

US$10.17

Share Price '29

US$10.17 Share Price '29

Discounted to 2026 @ 8.38% p.a.

=

US$7.99

Fair Value '26