Harmonic Inc. (HLIT)

Market Cap	1.01B
Revenue (ttm)	689.80M
Net Income (ttm)	53.25M
Shares Out	113.10M
EPS (ttm)	0.44
PE Ratio	20.19
Forward PE	15.58
Dividend	n/a
Ex-Dividend Date	n/a

Volume	967,563
Open	8.93
Previous Close	9.00
Day's Range	8.87 - 9.06
52-Week Range	7.91 - 15.46
Beta	0.92
Analysts	Buy
Price Target	12.33 (+38.15%)
Earnings Date	Apr 28, 2025

About HLIT

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. 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: 1,240
• Stock Exchange: NASDAQ
• Ticker Symbol: HLIT
• Website: https://www.harmonicinc.com

Financial Performance

In 2024, Harmonic's revenue was $678.72 million, an increase of 11.65% compared to the previous year's $607.91 million. Earnings were $39.22 million, a decrease of -53.31%.

Analyst Forecast

According to 6 analysts, the average rating for HLIT stock is "Buy." The 12-month stock price forecast is $12.33, which is an increase of 38.15% from the latest price.

Price Target

$12.33

(38.15% upside)

Analyst Consensus: Buy