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Harmonic NasdaqGS:HLIT Stock Report

Last Price

US$13.32

Market Cap

US$1.6b

7D

-0.3%

1Y

7.8%

Updated

23 Dec, 2024

Data

Company Financials +

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US$14.93
FV
10.8% undervalued intrinsic discount
10.11%
Revenue growth p.a.
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4 days ago author updated this narrative

Harmonic Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Harmonic
Historical stock prices
Current Share PriceUS$13.32
52 Week HighUS$15.46
52 Week LowUS$9.10
Beta0.93
1 Month Change6.82%
3 Month Change-7.50%
1 Year Change7.77%
3 Year Change10.08%
5 Year Change75.73%
Change since IPO84.51%

Recent News & Updates

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

Dec 13
Harmonic (NASDAQ:HLIT) Might Have The Makings Of A Multi-Bagger

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

Nov 26
Shareholders Should Be Pleased With Harmonic Inc.'s (NASDAQ:HLIT) Price

Q3 Gains For Harmonic, But 2025 Growth Uncertain

Oct 29

Recent updates

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

Dec 13
Harmonic (NASDAQ:HLIT) Might Have The Makings Of A Multi-Bagger

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

Nov 26
Shareholders Should Be Pleased With Harmonic Inc.'s (NASDAQ:HLIT) Price

Q3 Gains For Harmonic, But 2025 Growth Uncertain

Oct 29

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

Oct 29
Is There Now An Opportunity In Harmonic Inc. (NASDAQ:HLIT)?

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

Oct 14
Is Now The Time To Put Harmonic (NASDAQ:HLIT) On Your Watchlist?

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

Aug 18
Harmonic Inc.'s (NASDAQ:HLIT) Share Price Could Signal Some Risk

Harmonic Surges Briefly, But Pay More Attention To Rising Earnings

Aug 02

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

Jul 31
Here's Why Harmonic (NASDAQ:HLIT) Has A Meaningful Debt Burden

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

Jul 17
Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?

Harmonic: Give It Some Time

Jul 05

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

Jun 26
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

Jun 11
Returns At Harmonic (NASDAQ:HLIT) Are On The Way Up

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

Apr 20
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

Apr 15
We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt

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

Apr 01
What Does Harmonic Inc.'s (NASDAQ:HLIT) Share Price Indicate?

Harmonic: Upcoming Report Worthwhile To Be Bullish On

Jan 29

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

Jan 05
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)

Dec 15
We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)

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

Nov 20
Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet

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

Sep 14
Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?

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

Aug 26
The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising

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

Aug 08
Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade

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

Jul 27
We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?

May 19
What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?

Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price

May 06
Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price

Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?

Apr 20
Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?

Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly

Mar 07
Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly

At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?

Feb 03
At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?

Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings

Jan 20
Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings

Shareholder Returns

HLITUS CommunicationsUS Market
7D-0.3%-1.2%-2.7%
1Y7.8%39.8%23.4%

Return vs Industry: HLIT underperformed the US Communications industry which returned 39.8% over the past year.

Return vs Market: HLIT underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is HLIT's price volatile compared to industry and market?
HLIT volatility
HLIT Average Weekly Movement8.3%
Communications Industry Average Movement6.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: HLIT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HLIT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19881,238Nimrod Ben-Natanwww.harmonicinc.com

Harmonic Inc., together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers.

Harmonic Inc. Fundamentals Summary

How do Harmonic's earnings and revenue compare to its market cap?
HLIT fundamental statistics
Market capUS$1.55b
Earnings (TTM)US$84.94m
Revenue (TTM)US$623.65m

18.3x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLIT income statement (TTM)
RevenueUS$623.65m
Cost of RevenueUS$299.82m
Gross ProfitUS$323.82m
Other ExpensesUS$238.89m
EarningsUS$84.94m

Last Reported Earnings

Sep 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.73
Gross Margin51.92%
Net Profit Margin13.62%
Debt/Equity Ratio30.2%

How did HLIT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/27
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Blair KingAvondale Partners
Amir RozwadowskiBarclays
Timothy LongBarclays