Harmonic Inc. HLIT
- Market cap
- $1.2B
- P/E
- 0.0×
Follow HLIT
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.51 | 2.80 | 2.90 | 4.51 | 4.44 | 6.69 | 8.25 | 8.80 | 9.10 | 7.80 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 6.13 | 6.18 | 6.32 | 8.39 | 8.57 | 12.22 | 15.80 | 18.43 | 15.46 | 13.68 |
High Price
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| 1,376 | 1,244 | 1,162 | 1,172 | 1,169 | 1,267 | 1,340 | 1,359 | 1,240 | 534 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Revenue/Emp
|
|||
| 406 | 358 | 404 | 403 | 379 | 507 | 625 | 388 | 488 | 361 |
Revenue
|
|||
| 49.46% | 47.40% | 51.84% | 55.36% | 51.47% | 51.22% | 50.54% | 45.85% | 49.18% | 48.47% |
Gross Margin
|
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| (80) | (85) | (17) | (7) | (26) | 9 | 44 | 28 | 72 | 9 |
EBT
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| (19.81%) | (23.64%) | (4.20%) | (1.64%) | (6.92%) | 1.75% | 7.12% | 7.17% | 14.65% | 2.46% |
EBT Margin
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| (72) | (83) | (21) | (6) | (29) | 13 | 28 | 84 | 39 | (43) |
Net Income
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| 39 | 29 | 29 | 40 | 25 | 21 | 12 | 12 | 12 | 69 |
Depreciation
|
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| 5.22 | 4.42 | 4.71 | 4.50 | 3.91 | 5.00 | 5.95 | 3.48 | 4.24 | 3.17 |
Revenue/Sh
|
|||
| (0.93) | (1.02) | (0.25) | (0.07) | (0.30) | 0.12 | 0.27 | 0.75 | 0.34 | (0.38) |
Earnings/Sh
|
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| 0.01 | 0.04 | 0.14 | 0.35 | 0.40 | 0.40 | 0.05 | 0.06 | 0.54 | 0.95 |
Cash Flow/Sh
|
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| (0.19) | (0.14) | (0.08) | (0.12) | (0.33) | (0.13) | (0.09) | (0.08) | (0.08) | (0.10) |
Capex/Sh
|
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| (0.19) | (0.10) | 0.06 | 0.23 | 0.07 | 0.28 | (0.04) | (0.01) | 0.46 | 0.85 |
Free CF/Sh
|
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| 3.48 | 2.70 | 2.67 | 2.82 | 2.66 | 2.92 | 3.09 | 3.91 | 4.04 | 3.37 |
Book Value/Sh
|
|||
| 78 | 81 | 86 | 90 | 97 | 101 | 105 | 112 | 115 | 114 |
Shares
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 94.08 | 49.42 | 17.48 | 38.91 | 0.00 |
PE Ratio
|
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| 1.01 | 0.95 | 1.00 | 1.73 | 1.89 | 2.35 | 2.20 | 3.79 | 3.12 | 3.12 |
PS Ratio
|
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| 1.51 | 1.56 | 1.77 | 2.77 | 2.77 | 4.03 | 4.25 | 3.37 | 3.27 | 2.93 |
PB Ratio
|
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| 1.14 | 1.16 | 1.17 | 1.90 | 2.05 | 2.41 | 2.28 | 3.92 | 3.15 | 3.08 |
EV/Sales
|
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| (31.53) | (49.76) | 90.31 | 36.54 | 111.63 | 43.58 | (377.50) | (1,076.11) | 29.13 | 11.48 |
EV/FCF
|
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| 0 | 3 | 12 | 31 | 39 | 41 | 5 | 7 | 62 | 108 |
Op' Cash Flow
|
|||
| (15) | (11) | (7) | (10) | (32) | (13) | (9) | (8) | (9) | (11) |
Capex
|
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| (15) | (8) | 5 | 21 | 7 | 28 | (4) | (1) | 53 | 97 |
FCF
|
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| 72 | 30 | 60 | 59 | 91 | 99 | 23 | 58 | 373 | 296 |
Working Cap'
|
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| 124 | 132 | 135 | 161 | 159 | 162 | 137 | 10 | 114 | 112 |
Total Debt
|
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| 62 | 75 | 69 | 67 | 60 | 29 | 47 | (74) | 13 | (12) |
Net Debt
|
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| 271 | 218 | 228 | 252 | 258 | 296 | 325 | 437 | 465 | 383 |
Sh' Equity
|
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| (13.40%) | (15.62%) | (4.13%) | (1.08%) | (4.97%) | 2.06% | 4.02% | 11.36% | 5.01% | (5.72%) |
ROA
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| (12.60%) | (15.12%) | (1.05%) | 2.56% | (2.44%) | 3.62% | 7.66% | 5.17% | 9.77% | 2.37% |
ROIC
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| (24.15%) | (33.93%) | (9.42%) | (2.46%) | (11.46%) | 4.78% | 9.08% | 22.06% | 8.69% | (10.21%) |
ROE
|
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Harmonic Inc. peers in Communication Equipment
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| VISN Vistance Networks, Inc. | $1.5B | 0.2× | Compare |
| FEIM Frequency Electronics, Inc. | $953.0M | 351× | Compare |
| GILT Gilat Satellite Networks Ltd. | $771.8M | 22.0× | Compare |
| TSAT Telesat Corporation | $731.2M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NTGR NETGEAR, Inc. | $601.2M | 0.0× | Compare |
| ADTN ADTRAN Holdings, Inc. | $563.5M | 0.0× | Compare |
| EXTR Extreme Networks, Inc. | $2.9B | 67.3× | Compare |
| DGII Digi International Inc. | $2.9B | 60.2× | Compare |
Harmonic Inc. (HLIT) key facts
- Harmonic Inc. (HLIT) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
- Harmonic Inc. reported a net loss of $43.3 million, or a loss of $0.38 per share, for fiscal 2025.
- As of September 25, 2026, HLIT traded at $11.01, a market capitalization of $1.2 billion.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 2.7× sales.
- Return on equity was −10.2% and debt-to-equity 0.31.
Harmonic Inc. (HLIT) Latest News
24 Sep
Lightcurve is delivering multi-gigabit broadband to MDUs in central and western Washington by upgrading its network with Harmonic's cOS virtualized platform and Oyster Remote PHY nodes in a distributed access architecture. The solution enables up to 8 Gbps downstream and 1 Gbps upstream over existing coax, delivering fiber-like speeds without ripping out in-building wiring. cOS supports both DOCSIS and fiber, preserving optionality to evolve to fiber as demand and investment priorities shift. Lightcurve is also using Harmonic's Central AI-driven network intelligence for continuous analytics and proactive issue resolution. The upgrade, supported by a software update to cOS Core and the deployment of compact, low-power Oyster nodes, aims to accelerate service delivery, improve subscriber experience and strengthen Lightcurve's market position while keeping fiber overbuild options open in the future. Demonstrates scalable coax-based multi-gigabit opportunities via cOS/DAA, boosting Harmonic's market reach and long-term revenue potential.
15 Sep
Harmonic (HLIT) is betting on AI intelligence to reshape broadband operations. AI integration to reshape broadband operations represents a major strategic move likely to alter the company's trajectory.
10 Sep
Harmonic Inc. positions itself as a leader in broadband connectivity at SCTE TechExpo 2026 through new technology demonstrations. Expo participation highlights product innovations with moderate effects on market positioning and competitive dynamics.
8 Sep
Harmonic Inc. launches cOS SensAI Intelligence Fabric for broadband operations. New AI-based product targets core broadband segment and supports revenue growth plus competitive gains.
19 Aug
Harmonic Inc. (HLIT) released its Q2 2026 earnings via call transcript, covering revenue, profits, segment performance, and forward guidance. Q2 results and guidance provide moderate insight into near-term financials and strategy without indicating major shifts.
13 Aug
Harmonic Inc. beat earnings expectations and raised full-year guidance. Earnings beat combined with raised guidance signals stronger near-term financial momentum likely to lift stock trajectory and sentiment.
Harmonic Inc. shifts to pure-play broadband strategy and raises outlook, potentially reshaping investment case for HLIT. Pure-play broadband pivot and raised outlook represent major strategic moves likely to alter company trajectory and investor sentiment.
Harmonic Inc (HLIT) Q2 2026 earnings show record backlog and 54% broadband growth. Record backlog provides strong revenue visibility while broadband gains expand market position.
Harmonic Inc. (HLIT) delays its next 10-Q filing. Filing delay may raise concerns over financial reporting and pressure short-term stock performance.
Harmonic Inc. held its Q2 2026 earnings call, outlining quarterly financial results, operational updates, and forward guidance. Quarterly earnings call delivers financial results and guidance that moderately influence near-term investor sentiment and valuation.
12 Aug
Harmonic Inc. reported financial results for the second quarter of 2026. Quarterly earnings releases deliver key financial metrics that typically drive stock price movements and investor sentiment.
Harmonic Inc. (HLIT) Q2 earnings call highlighted revenue growth in broadband solutions, new product momentum in video delivery, raised full-year guidance, and expanded market opportunities in cable and streaming. Q2 earnings and raised guidance supply updated financial metrics and strategic outlook likely to affect near-term stock sentiment.
Harmonic Inc. (HLIT) posted Q2 earnings and revenues above analyst estimates. Q2 earnings beat supports short-term positive stock reaction for Harmonic Inc.
5 Aug
Climb signed a distribution agreement with Harmonic Security to secure mid-market and enterprise AI adoption. Distribution deal expands Harmonic Security reach into AI security for mid-market and enterprise customers.
21 Jul
Bluepeak selects Harmonic technology to accelerate fiber network rollout and expand service into multi-dwelling units. Win with Bluepeak expands Harmonic fiber deployment revenue and market reach.
17 Jun
Harmonic Inc. completed divestiture of its video business to MediaKind. Divestiture of entire video business marks major strategic shift that can alter company operations and market focus.
15 Jun
Vistance gains from strength in Harmonic Inc.'s Aurora segment, signaling potential further upside for the company. Strength in Aurora segment suggests moderate positive effect on Harmonic's performance and outlook.
12 Jun
Harmonic Inc. benefits from solid organic growth drivers that support its market position and raise the question of whether the stock is worth buying. Organic growth drivers point to moderate influence on financial performance and competitive positioning without indicating transformative changes.
31 May
Harmonic Inc. secures new AI video and broadband wins that may indicate a competitive edge in core markets. New AI video and broadband wins may moderately boost Harmonic competitive positioning and performance without fundamentally altering its trajectory.
19 May
DNA Finland extends fiber-grade connectivity to lower-density MDUs using Harmonic solutions. Contract win broadens Harmonic access to European MDU fiber market.
13 May
Inter Venezuela selects Harmonic for PON-based mobile backhaul to enable 5G growth. Harmonic secures PON backhaul contract from Inter Venezuela for 5G expansion, signaling revenue growth in emerging telecom markets.
12 May
Harmonic Inc. (HLIT) released Q1 2026 earnings call transcript detailing financial results, guidance, and executive commentary. Q1 2026 earnings transcript discloses financial performance and forward guidance pivotal to HLIT's stock trajectory and investor sentiment.
Harmonic Inc. (HLIT) released Q1 2026 earnings call summary highlighting financial results, guidance, and strategic updates. Earnings call summaries deliver key financial metrics, forward guidance, and strategic insights that significantly shape investor expectations and stock trajectory.
Harmonic Inc. (HLIT) Q1 2026 earnings call highlighted strong broadband growth despite ongoing supply chain challenges. Strong broadband growth amid supply chain issues signals significant positive momentum for revenue and market positioning.
11 May
Harmonic Inc. (HLIT) Q1 earnings call highlights financial performance, strategic initiatives, and forward-looking guidance. Q1 earnings highlights detail financial results and guidance that significantly shape HLIT's market trajectory and investor sentiment.
Harmonic Inc. announced first quarter 2026 financial results, highlighting key performance metrics, revenue, and future outlook for the video streaming and broadband solutions provider. Quarterly earnings releases like Q1 2026 results directly influence stock price volatility and investor perceptions of financial health and guidance.
Harmonic Inc. (HLIT) beat Q1 earnings and revenue estimates. Beating Q1 earnings and revenue estimates positively impacts financial performance and market sentiment for HLIT.
6 May
Harmonic Inc. unveiled advancements defining a new era of broadband connectivity at ANGA COM 2026. Major trade show showcase of broadband innovations boosts HLIT's competitive positioning and investor sentiment.
30 Apr
Harmonic Inc. (HLIT) to unveil game-changing innovations at Fiber Connect 2026. Unveiling game-changing innovations at a key industry event signals major product advancements that could significantly enhance HLIT's competitive position and market performance.
27 Apr
Harmonic (HLIT) upgrades DIRECTV's cloud infrastructure and expands AI capabilities, positioning the company for enhanced revenue, market share growth, and shareholder value through strategic video tech advancements. DIRECTV cloud upgrade with a major client and AI expansion drive significant revenue potential and competitive edge in video streaming.