Harmonic Inc. (HLIT)

Market Cap	1.04B
Revenue (ttm)	607.91M
Net Income (ttm)	83.99M
Shares Out	111.91M
EPS (ttm)	0.72
PE Ratio	13.10
Forward PE	15.95
Dividend	n/a
Ex-Dividend Date	n/a

Volume	638,638
Open	9.28
Previous Close	9.43
Day's Range	9.21 - 9.31
52-Week Range	8.80 - 18.43
Beta	0.84
Analysts	Strong Buy
Price Target	17.20 (+84.75%)
Earnings Date	Apr 29, 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

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 5 analysts, the average rating for HLIT stock is "Strong Buy." The 12-month stock price forecast is $17.2, which is an increase of 84.75% from the latest price.

Price Target

$17.2

(84.75% upside)

Analyst Consensus: Strong Buy