Harmonic

Consolidation And Digital Shift Will Trigger Margin Erosion

AnalystLowTarget

Not Invested

Community Contributor

Published

10 May 25

Updated

20 Jan 26

Views

n/a

AnalystLowTarget's Fair Value

n/a

-11.3%

1.8%

-11.3%

1.8%

You can edit this narrative until Jan 21 12:10 AM. Then, changes will post as Updates.

Author's Valuation

US$828.1% overvalued

AnalystLowTarget Fair Value

Narrative

Updates1

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).

AnalystLowTarget Fair Value

US$8

28.1% overvalued

Future estimation in

Growth p.a.

Decrease

Increase

Current revenue growth rate

8.33%

Communications revenue growth rate

0.81%

Risk Level (Discount Rate)

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

Decrease

Increase

Current discount rate

8.39%

Calculation

US$155.41m

Earnings '29

6.42x

PE Ratio '29

US$998.02m

Market Cap '29

US$998.02m

Market Cap '29

98.93m

No. shares '29

US$10.09

Share Price '29

US$10.09 Share Price '29

Discounted to 2026 @ 8.38% p.a.

US$7.92

Fair Value '26