Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
12.32
+0.24 (1.99%)
Nov 21, 2024, 11:14 AM EST - Market open
Harmonic Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Harmonic stock have an average target of 15.25, with a low estimate of 12.5 and a high estimate of 18. The average target predicts an increase of 23.78% from the current stock price of 12.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Harmonic stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $14 → $13 | Strong Buy → Hold | Downgrades | $14 → $13 | +1.46% | Oct 29, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +29.87% | Oct 29, 2024 |
| Barclays | Barclays | Buy Maintains $20 → $17 | Buy | Maintains | $20 → $17 | +37.99% | Oct 29, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $16 → $14 | Buy | Maintains | $16 → $14 | +13.64% | Oct 29, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $17 → $14 | Strong Buy → Buy | Downgrades | $17 → $14 | +13.64% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
683.49M
from 607.91M
Increased by 12.43%
Revenue Next Year
745.16M
from 683.49M
Increased by 9.02%
EPS This Year
0.72
from 0.72
Increased by 0.02%
EPS Next Year
0.91
from 0.72
Increased by 26.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 708.8M | 791.7M | 1.0B |
| Avg | 683.5M | 745.2M | 911.0M |
| Low | 653.5M | 681.1M | 759.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.6% | 15.8% | 35.3% |
| Avg | 12.4% | 9.0% | 22.3% |
| Low | 7.5% | -0.3% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.77 | 1.04 | 1.56 |
| Avg | 0.72 | 0.91 | 1.34 |
| Low | 0.68 | 0.74 | 0.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.5% | 44.4% | 71.2% |
| Avg | 0.0% | 26.9% | 46.6% |
| Low | -6.1% | 2.1% | 7.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.