Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
12.54
-0.80 (-6.00%)
At close: May 15, 2026, 4:00 PM EDT
12.60
+0.06 (0.48%)
After-hours: May 15, 2026, 7:49 PM EDT

Harmonic Statistics

Total Valuation

Harmonic has a market cap or net worth of $1.36 billion. The enterprise value is $1.38 billion.

Market Cap1.36B
Enterprise Value 1.38B

Important Dates

The last earnings date was Monday, May 11, 2026, after market close.

Earnings Date May 11, 2026
Ex-Dividend Date n/a

Share Statistics

Harmonic has 108.50 million shares outstanding. The number of shares has decreased by -5.60% in one year.

Current Share Class 108.50M
Shares Outstanding 108.50M
Shares Change (YoY) -5.60%
Shares Change (QoQ) -2.10%
Owned by Insiders (%) 1.69%
Owned by Institutions (%) 86.14%
Float 106.59M

Valuation Ratios

The trailing PE ratio is 165.34 and the forward PE ratio is 19.60.

PE Ratio 165.34
Forward PE 19.60
PS Ratio 3.42
Forward PS 2.74
PB Ratio 3.83
P/TBV Ratio 4.62
P/FCF Ratio 29.94
P/OCF Ratio 24.27
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 33.45, with an EV/FCF ratio of 30.42.

EV / Earnings n/a
EV / Sales 3.48
EV / EBITDA 33.45
EV / EBIT 45.41
EV / FCF 30.42

Financial Position

The company has a current ratio of 2.26, with a Debt / Equity ratio of 0.37.

Current Ratio 2.26
Quick Ratio 0.91
Debt / Equity 0.37
Debt / EBITDA 2.65
Debt / FCF 2.88
Interest Coverage 8.54

Financial Efficiency

Return on equity (ROE) is 2.12% and return on invested capital (ROIC) is 2.91%.

Return on Equity (ROE) 2.12%
Return on Assets (ROA) 2.57%
Return on Invested Capital (ROIC) 2.91%
Return on Capital Employed (ROCE) 6.20%
Weighted Average Cost of Capital (WACC) 10.21%
Revenue Per Employee $744,082
Profits Per Employee -$78,541
Employee Count534
Asset Turnover 0.54
Inventory Turnover 3.63

Taxes

In the past 12 months, Harmonic has paid $14.59 million in taxes.

Income Tax 14.59M
Effective Tax Rate 63.20%

Stock Price Statistics

The stock price has increased by +30.63% in the last 52 weeks. The beta is 1.24, so Harmonic's price volatility has been higher than the market average.

Beta (5Y) 1.24
52-Week Price Change +30.63%
50-Day Moving Average 10.35
200-Day Moving Average 10.04
Relative Strength Index (RSI) 65.20
Average Volume (20 Days) 1,913,698

Short Selling Information

The latest short interest is 3.12 million, so 2.87% of the outstanding shares have been sold short.

Short Interest 3.12M
Short Previous Month 2.82M
Short % of Shares Out 2.87%
Short % of Float 2.92%
Short Ratio (days to cover) 2.94

Income Statement

In the last 12 months, Harmonic had revenue of $397.34 million and -$41.94 million in losses. Loss per share was -$0.37.

Revenue397.34M
Gross Profit 191.88M
Operating Income 30.45M
Pretax Income 23.09M
Net Income -41.94M
EBITDA 41.33M
EBIT 30.45M
Loss Per Share -$0.37
Full Income Statement

Balance Sheet

The company has $109.00 million in cash and $131.06 million in debt, with a net cash position of -$22.06 million or -$0.20 per share.

Cash & Cash Equivalents 109.00M
Total Debt 131.06M
Net Cash -22.06M
Net Cash Per Share -$0.20
Equity (Book Value) 355.15M
Book Value Per Share 3.27
Working Capital 271.01M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $56.05 million and capital expenditures -$10.61 million, giving a free cash flow of $45.44 million.

Operating Cash Flow 56.05M
Capital Expenditures -10.61M
Depreciation & Amortization 10.89M
Net Borrowing -4.23M
Free Cash Flow 45.44M
FCF Per Share $0.42
Full Cash Flow Statement

Margins

Gross margin is 48.29%, with operating and profit margins of 7.66% and -10.56%.

Gross Margin 48.29%
Operating Margin 7.66%
Pretax Margin 5.81%
Profit Margin -10.56%
EBITDA Margin 10.40%
EBIT Margin 7.66%
FCF Margin 11.44%

Dividends & Yields

Harmonic does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 5.60%
Shareholder Yield 5.60%
Earnings Yield -3.08%
FCF Yield 3.34%

Analyst Forecast

The average price target for Harmonic is $17.67, which is 40.91% higher than the current price. The consensus rating is "Buy".

Price Target $17.67
Price Target Difference 40.91%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on October 15, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Oct 15, 1999
Split Type Forward
Split Ratio 2:1

Scores

Harmonic has an Altman Z-Score of -1.16 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.16
Piotroski F-Score 5