Harmonic Inc. (HLIT)

Market Cap	1.45B
Revenue (ttm)	623.65M
Net Income (ttm)	84.94M
Shares Out	116.53M
EPS (ttm)	0.73
PE Ratio	17.06
Forward PE	12.95
Dividend	n/a
Ex-Dividend Date	n/a

Volume	583,574
Open	12.49
Previous Close	12.39
Day's Range	12.44 - 12.62
52-Week Range	9.10 - 15.46
Beta	0.89
Analysts	Buy
Price Target	15.25 (+22.29%)
Earnings Date	Oct 28, 2024

About HLIT

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. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to ...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: May 22, 1995
• Employees: 1,359
• Stock Exchange: NASDAQ
• Ticker Symbol: HLIT
• Website: https://www.harmonicinc.com

Financial Performance

In 2023, Harmonic's revenue was $607.91 million, a decrease of -2.73% compared to the previous year's $624.96 million. Earnings were $83.99 million, an increase of 198.04%.

Analyst Forecast

According to 6 analysts, the average rating for HLIT stock is "Buy." The 12-month stock price forecast is $15.25, which is an increase of 22.29% from the latest price.

Price Target

$15.25

(22.29% upside)

Analyst Consensus: Buy