Harmonic Inc. (HLIT)

Market Cap	1.57B
Revenue (ttm)	624.96M
Net Income (ttm)	28.18M
Shares Out	111.07M
EPS (ttm)	0.25
PE Ratio	56.44
Forward PE	19.19
Dividend	n/a
Ex-Dividend Date	n/a

Volume	893,882
Open	13.89
Previous Close	13.98
Day's Range	13.80 - 14.15
52-Week Range	8.25 - 15.80
Beta	0.88
Analysts	Buy
Price Target	19.55 (+38.55%)
Earnings Date	May 1, 2023

About HLIT

Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and har...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: May 22, 1995
• Employees: 1,336
• Stock Exchange: NASDAQ
• Ticker Symbol: HLIT

Financial Performance

In 2022, Harmonic's revenue was $624.96 million, an increase of 23.23% compared to the previous year's $507.15 million. Earnings were $28.18 million, an increase of 112.63%.

Analyst Forecast

According to 12 analysts, the average rating for HLIT stock is "Buy." The 12-month stock price forecast is $19.55, which is an increase of 38.55% from the latest price.

Price Target

$19.55

(38.55% upside)

Analyst Consensus: Buy