Harmonic Inc. (HLIT)

Market Cap	1.23B
Revenue (ttm)	678.72M
Net Income (ttm)	39.22M
Shares Out	117.05M
EPS (ttm)	0.33
PE Ratio	31.88
Forward PE	18.13
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,907,344
Open	10.69
Previous Close	10.65
Day's Range	10.50 - 10.82
52-Week Range	8.42 - 15.46
Beta	0.89
Analysts	Buy
Price Target	13.17 (+25.19%)
Earnings Date	Feb 10, 2025

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: 1,240
• 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 $13.17, which is an increase of 25.19% from the latest price.

Price Target

$13.17

(25.19% upside)

Analyst Consensus: Buy