Harmonic Inc. (HLIT)

Market Cap	1.40B
Revenue (ttm)	572.32M
Net Income (ttm)	70.81M
Shares Out	116.54M
EPS (ttm)	0.60
PE Ratio	20.07
Forward PE	15.44
Dividend	n/a
Ex-Dividend Date	n/a

Volume	979,013
Open	12.01
Previous Close	11.89
Day's Range	11.96 - 12.17
52-Week Range	8.80 - 15.18
Beta	0.89
Analysts	Strong Buy
Price Target	17.60 (+46.18%)
Earnings Date	Jul 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 $17.6, which is an increase of 46.18% from the latest price.

Price Target

$17.6

(46.18% upside)

Analyst Consensus: Strong Buy