Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
10.52
-0.13 (-1.22%)
Feb 21, 2025, 4:00 PM EST - Market closed

Harmonic Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Harmonic stock have an average target of 13.17, with a low estimate of 10 and a high estimate of 16. The average target predicts an increase of 25.19% from the current stock price of 10.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $13.17 $14 $16
Change -4.94% +25.19% +33.08% +52.09%

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 322222
Buy 233322
Hold 011122
Sell 000000
Strong Sell 000000
Total 566666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$14$10
Hold Maintains $14$10 -4.94% Feb 11, 2025
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$14$13
Buy Maintains $14$13 +18.82% Feb 11, 2025
Needham
Needham
Strong Buy
Maintains
$18$14
Strong Buy Maintains $18$14 +33.08% Feb 11, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$16
Strong Buy Maintains $16 +52.09% Feb 4, 2025
Barclays
Barclays
Hold
Downgrades
$17$14
Hold Downgrades $17$14 +33.08% Jan 9, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
633.11M
from 678.72M
Decreased by -6.72%
Revenue Next Year
778.82M
from 633.11M
Increased by 23.01%
EPS This Year
0.64
from 0.33
Increased by 93.18%
EPS Next Year
0.99
from 0.64
Increased by 55.52%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
378.83M507.15M624.96M607.91M678.72M633.11M778.82M912.90M
Revenue Growth
-5.97%33.87%23.23%-2.73%11.65%-6.72%23.01%17.22%
EPS
-0.300.120.250.720.330.640.991.51
EPS Growth
--108.33%188.00%-54.17%93.18%55.52%52.26%
Forward PE
-----16.5010.616.97
No. Analysts -----873
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 677.3M 884.0M 939.8M
Avg 633.1M 778.8M 912.9M
Low 601.7M 699.0M 877.1M

Revenue Growth

Revenue Growth 202520262027
High
-0.2%
39.6%
20.7%
Avg
-6.7%
23.0%
17.2%
Low
-11.3%
10.4%
12.6%

EPS Forecast

EPS 202520262027
High 0.89 1.28 1.55
Avg 0.64 0.99 1.51
Low 0.53 0.80 1.45

EPS Growth

EPS Growth 202520262027
High
170.5%
100.9%
56.7%
Avg
93.2%
55.5%
52.3%
Low
60.4%
26.1%
46.3%
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.