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Harmonic Inc.NasdaqGS:HLIT Stock Report

Market Cap US$993.1m
Share Price
US$8.70
My Fair Value
AN
AnalystConsensusTarget
US$10
13.6% undervalued intrinsic discount
1Y-32.5%
7D-3.2%
Portfolio Value
View

Harmonic Inc.

NasdaqGS:HLIT Stock Report

Market Cap: US$993.1m

Harmonic (HLIT) Stock Overview

Provides broadband access solutions worldwide. More details

HLIT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends0/6

HLIT Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

US$10.00
FV
13.0% undervalued intrinsic discount
3.21%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
about 1 month ago author updated this narrative
US$12.10
FV
28.1% undervalued intrinsic discount
5.03%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
7 months 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$8.70
52 Week HighUS$15.46
52 Week LowUS$7.80
Beta1.0
1 Month Change-14.45%
3 Month Change-4.19%
1 Year Change-32.51%
3 Year Change-21.90%
5 Year Change28.79%
Change since IPO20.52%

Recent News & Updates

Harmonic: More Price Slippage This Year, But Could Soar In 2026

Jul 11

Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Jul 11
Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Why Harmonic Inc. (NASDAQ:HLIT) Could Be Worth Watching

Jun 25
Why Harmonic Inc. (NASDAQ:HLIT) Could Be Worth Watching

Recent updates

Harmonic: More Price Slippage This Year, But Could Soar In 2026

Jul 11

Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Jul 11
Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Why Harmonic Inc. (NASDAQ:HLIT) Could Be Worth Watching

Jun 25
Why Harmonic Inc. (NASDAQ:HLIT) Could Be Worth Watching

Harmonic (NASDAQ:HLIT) Seems To Use Debt Rather Sparingly

Jun 10
Harmonic (NASDAQ:HLIT) Seems To Use Debt Rather Sparingly

Harmonic's (NASDAQ:HLIT) Soft Earnings Don't Show The Whole Picture

May 08
Harmonic's (NASDAQ:HLIT) Soft Earnings Don't Show The Whole Picture

Harmonic: Fundamentals And Upside Potential Are In Harmony

Apr 17

Harmonic Inc. (NASDAQ:HLIT) Not Lagging Market On Growth Or Pricing

Apr 16
Harmonic Inc. (NASDAQ:HLIT) Not Lagging Market On Growth Or Pricing

Investors Will Want Harmonic's (NASDAQ:HLIT) Growth In ROCE To Persist

Mar 17
Investors Will Want Harmonic's (NASDAQ:HLIT) Growth In ROCE To Persist

Harmonic: Get Ready To Buy On Dips

Feb 25

If EPS Growth Is Important To You, Harmonic (NASDAQ:HLIT) Presents An Opportunity

Jan 27
If EPS Growth Is Important To You, Harmonic (NASDAQ:HLIT) Presents An Opportunity
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HLIT Market Outlook

Cisco Systems: A global leader in networking and telecommunications equipment, Cisco offers video delivery and cable edge solutions that compete directly with Harmonic's offerings.

These 4 Measures Indicate That Harmonic (NASDAQ:HLIT) Is Using Debt Reasonably Well

Jan 13
These 4 Measures Indicate That Harmonic (NASDAQ:HLIT) Is Using Debt Reasonably Well

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?
author-image

Innovative Broadband Solutions Propel Market Share And Revenue In A Competitive Landscape

Harmonic's investment in network infrastructure and innovative products like DOCSIS 4.0 nodes and CableOS solutions aligns with industry demand, potentially boosting market share and revenue.

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)?

Shareholder Returns

HLITUS CommunicationsUS Market
7D-3.2%-0.3%-1.2%
1Y-32.5%45.5%21.3%

Return vs Industry: HLIT underperformed the US Communications industry which returned 45.5% over the past year.

Return vs Market: HLIT underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is HLIT's price volatile compared to industry and market?
HLIT volatility
HLIT Average Weekly Movement5.7%
Communications Industry Average Movement6.7%
Market Average Movement6.5%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.1%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988895Nimrod Ben-Natanwww.harmonicinc.com

Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment offers software-based broadband access solution, 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$993.12m
Earnings (TTM)US$68.65m
Revenue (TTM)US$689.08m
14.4x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLIT income statement (TTM)
RevenueUS$689.08m
Cost of RevenueUS$306.87m
Gross ProfitUS$382.21m
Other ExpensesUS$313.56m
EarningsUS$68.65m

Last Reported Earnings

Jun 27, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.60
Gross Margin55.47%
Net Profit Margin9.96%
Debt/Equity Ratio29.3%

How did HLIT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/06 23:07
End of Day Share Price 2025/08/06 00:00
Earnings2025/06/27
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Harmonic Inc. is covered by 24 analysts. 5 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