NasdaqGS:HLIT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	775	141	N/A	113	1
12/31/2025	721	90	N/A	129	4
12/31/2024	669	37	N/A	40	4
9/27/2024	624	85	10	20	N/A
6/28/2024	555	57	13	22	N/A
3/29/2024	572	71	20	28	N/A
12/31/2023	608	84	-1	7	N/A
9/29/2023	605	6	13	20	N/A
6/30/2023	634	22	-7	1	N/A
3/31/2023	635	35	30	39	N/A
12/31/2022	625	28	-4	5	N/A
9/30/2022	616	42	-16	-7	N/A
7/1/2022	587	35	6	17	N/A
4/1/2022	543	18	0	12	N/A
12/31/2021	507	13	28	41	N/A
10/1/2021	483	7	59	75	N/A
7/2/2021	451	0	38	57	N/A
4/2/2021	412	-13	27	52	N/A
12/31/2020	379	-29	7	39	N/A
9/25/2020	369	-37	-4	28	N/A
6/26/2020	390	-20	9	37	N/A
3/27/2020	401	-17	-4	16	N/A
12/31/2019	403	-6	21	31	N/A
9/27/2019	394	-8	0	8	N/A
6/28/2019	379	-28	-2	4	N/A
3/29/2019	394	-19	16	23	N/A
12/31/2018	404	-21	5	12	N/A
9/28/2018	391	-36	8	15	N/A
6/29/2018	382	-44	N/A	4	N/A
3/30/2018	365	-73	N/A	0	N/A
12/31/2017	358	-83	N/A	3	N/A
9/29/2017	370	-82	N/A	7	N/A
6/30/2017	380	-82	N/A	11	N/A
3/31/2017	407	-71	N/A	3	N/A
12/31/2016	406	-72	N/A	0	N/A
9/30/2016	379	-69	N/A	-15	N/A
7/1/2016	361	-58	N/A	-16	N/A
4/1/2016	355	-38	N/A	-1	N/A
12/31/2015	377	-16	N/A	6	N/A
10/2/2015	398	-13	N/A	28	N/A
7/3/2015	423	-7	N/A	34	N/A
4/3/2015	430	-43	N/A	38	N/A
12/31/2014	434	-46	N/A	47	N/A
9/26/2014	446	-44	N/A	46	N/A
6/27/2014	461	-8	N/A	61	N/A
3/28/2014	468	26	N/A	71	N/A
12/31/2013	462	22	N/A	54	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLIT's forecast earnings growth (36.7% per year) is above the savings rate (2.6%).

Earnings vs Market: HLIT's earnings (36.7% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: HLIT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HLIT's revenue (9.4% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: HLIT's revenue (9.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HLIT's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 00:02
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/27
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Harmonic Inc. is covered by 24 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Blair King	Avondale Partners
Amir Rozwadowski	Barclays
Timothy Long	Barclays

Harmonic Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 9.9% to US$14.93

Harmonic Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2024

Harmonic Inc. Reaffirms Earnings Guidance for the Third Quarter and Full Year of 2024

Consensus EPS estimates fall by 32%

Consensus EPS estimates fall by 27%

Price target decreased by 12% to US$16.17

Recent updates

Harmonic (NASDAQ:HLIT) Might Have The Makings Of A Multi-Bagger

Shareholders Should Be Pleased With Harmonic Inc.'s (NASDAQ:HLIT) Price

Ancora Releases Presentation Highlighting the Opportunity for Significant Near-Term Value Creation at Harmonic

Price target decreased by 9.9% to US$14.93

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Q3 Gains For Harmonic, But 2025 Growth Uncertain

Harmonic Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2024

Is There Now An Opportunity In Harmonic Inc. (NASDAQ:HLIT)?

Harmonic Inc. to Report Q3, 2024 Results on Oct 28, 2024

Is Now The Time To Put Harmonic (NASDAQ:HLIT) On Your Watchlist?

High number of new directors

Harmonic Inc. Set to Showcase A Wide Range of Cloud and Software-Based Innovations At IBC2024

Harmonic Inc.'s (NASDAQ:HLIT) Share Price Could Signal Some Risk

Harmonic Amps Up Primary Distribution with New SaaS-Based Management System

Insider recently sold US$576k worth of stock

Harmonic Surges Briefly, But Pay More Attention To Rising Earnings

Harmonic Inc. Reaffirms Earnings Guidance for the Third Quarter and Full Year of 2024

Here's Why Harmonic (NASDAQ:HLIT) Has A Meaningful Debt Burden

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Harmonic Appoints Neel Dev to its Board of Directors

Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?

Harmonic Unleashes Fiber Broadband Innovation At Fiber Connect 2024

Harmonic Inc. to Report Q2, 2024 Results on Jul 29, 2024

Harmonic: Give It Some Time

We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

Returns At Harmonic (NASDAQ:HLIT) Are On The Way Up

Harmonic Inc. Launches New High-Density Remote OLT to Simplify Fiber Broadband Service

Harmonic to Showcase Its Latest Broadband Access Innovations for Fiber and DOCSIS Networks At ANGA COM in Germany

Senior Vice President of Global Sales recently sold US$577k worth of stock

New minor risk - Shareholder dilution

Senior Vice President of Global Sales notifies of intention to sell stock

Harmonic Inc., Annual General Meeting, Jun 11, 2024

First quarter 2024 earnings: EPS misses analyst expectations

Harmonic Extends Cos Broadband Platform with Breakthrough Intelligent Speed Maximizer

Scopia Capital Management L P Engages with Harmonic Inc

Investors Don't See Light At End Of Harmonic Inc.'s (NASDAQ:HLIT) Tunnel And Push Stock Down 27%

We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt

Investor sentiment deteriorates as stock falls 18%

Harmonic Introduces In-Stream Advertising for Live Sports Streaming

Harmonic Inc. Announces Chief Executive Officer Changes

What Does Harmonic Inc.'s (NASDAQ:HLIT) Share Price Indicate?

Harmonic to Showcase Fiber-Made-Simple Solutions at FTTH Conference 2024

Senior Vice President of Video R&D notifies of intention to sell stock

Consensus EPS estimates fall by 32%

Insider notifies of intention to sell stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Harmonic: Upcoming Report Worthwhile To Be Bullish On

Harmonic Inc. to Report Q4, 2023 Results on Jan 29, 2024

Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors

We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)

Consensus EPS estimates fall by 27%

Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet

Price target decreased by 12% to US$16.17

Harmonic Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Harmonic Brings Industry-Leading Density to 10G Fiber Networks with New OLT Shelf

Harmonic Extends Lead in Virtualized Broadband

Harmonic Inc. to Report Q3, 2023 Results on Oct 30, 2023

Scopia Capital Management Engages in Discussions with Harmonic

Scopia Capital Management Engages in Discussions with Harmonic

Harmonic Brings Innovative Playout Capabilities to its XOS Advanced Media Processor

Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?

The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising

Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade

Harmonic Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

Harmonic Inc. to Report Q2, 2023 Results on Jul 31, 2023

Insufficient new directors