Harmonic Inc. (HLIT)
NASDAQ: HLIT · IEX Real-Time Price · USD
12.28
-0.14 (-1.13%)
At close: Jul 19, 2024, 4:00 PM
12.32
+0.04 (0.33%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Harmonic Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Harmonic stock have an average target of 17.6, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 43.32% from the current stock price of 12.28.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Harmonic stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Rosenblatt | Rosenblatt | Strong Buy Maintains $18 | Strong Buy | Maintains | $18 | +46.58% | Jul 18, 2024 |
Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +46.58% | Jun 17, 2024 |
Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +46.58% | May 17, 2024 |
Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +46.58% | Apr 30, 2024 |
Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +46.58% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
671.75M
from 607.91M
Increased by 10.50%
Revenue Next Year
833.52M
from 671.75M
Increased by 24.08%
EPS This Year
0.60
from 0.72
Decreased by -16.98%
EPS Next Year
1.01
from 0.60
Increased by 68.94%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 706.6M | 898.1M |
Avg | 671.8M | 833.5M |
Low | 614.5M | 744.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 16.2% | 33.7% |
Avg | 10.5% | 24.1% |
Low | 1.1% | 10.8% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.68 | 1.26 |
Avg | 0.60 | 1.01 |
Low | 0.44 | 0.74 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -5.2% | 110.8% |
Avg | -17.0% | 68.9% |
Low | -38.7% | 23.0% |
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.