Harmonic Inc. (HLIT)
NASDAQ: HLIT · IEX Real-Time Price · USD
10.03
-0.20 (-1.96%)
At close: Apr 17, 2024, 4:00 PM
9.97
-0.06 (-0.60%)
After-hours: Apr 17, 2024, 6:02 PM EDT

Harmonic Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Harmonic stock have an average target of 17.2, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 71.49% from the current stock price of 10.03.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $14 $17.2 $18 $20
Change +39.58% +71.49% +79.46% +99.40%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 443333
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 665555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +79.46% Apr 17, 2024
Needham
Needham
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +79.46% Apr 9, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$18$16
Strong Buy Maintains $18$16 +59.52% Jan 30, 2024
Raymond James
Raymond James
Strong Buy
Maintains
$19$18
Strong Buy Maintains $19$18 +79.46% Jan 30, 2024
Rosenblatt
Rosenblatt
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +79.46% Dec 29, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
686.28M
from 607.91M
Increased by 12.89%
Revenue Next Year
863.71M
from 686.28M
Increased by 25.85%
EPS This Year
0.58
from 0.72
Decreased by -19.04%
EPS Next Year
1.02
from 0.58
Increased by 74.25%
Year 2019202020212022202320242025
Revenue
402.87M378.83M507.15M624.96M607.91M686.28M863.71M
Revenue Growth
-0.17%-5.97%33.87%23.23%-2.73%12.89%25.85%
EPS
-0.07-0.300.120.250.720.581.02
EPS Growth
---108.33%188.00%-19.04%74.25%
No. Analysts -----88
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 717.2M 951.8M
Avg 686.3M 863.7M
Low 632.5M 748.5M

Revenue Growth

Revenue Growth 20242025
High
18.0%
38.7%
Avg
12.9%
25.9%
Low
4.0%
9.1%

EPS Forecast

EPS 20242025
High 0.66 1.32
Avg 0.58 1.02
Low 0.44 0.77

EPS Growth

EPS Growth 20242025
High
-8.1%
127.0%
Avg
-19.0%
74.2%
Low
-38.7%
32.0%
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.