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HLIT Overview

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ET
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0.000
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ET
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Intellectia

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High
9.520
Open
9.420
VWAP
9.38
Vol
602.34K
Mkt Cap
1.03B
Low
9.280
Amount
5.65M
EV/EBITDA(TTM)
35.70
Total Shares
110.24M
EV
1.03B
EV/OCF(TTM)
9.57
P/S(TTM)
3.00
Harmonic Inc. is a provider of virtualized broadband and video delivery solutions, enables media companies and service providers to deliver video streaming and broadcast services to consumers globally. It provides broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets and smartphones. The Company operates through two segments: Video and Broadband. Its Broadband segment provides broadband access solutions and related services, including its cOS software-based broadband access solution, to broadband operators globally. Its Video segment provides video processing, production and playout solutions and services worldwide to broadband operators and satellite and telco Pay-TV service providers, and to broadcast and media companies, including streaming media companies. Its video business infrastructure solutions are delivered either through shipment of its products, software licenses or as software-as-a-service subscriptions.
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Events Timeline

(ET)
2026-02-19
16:30:00
Harmonic Partners with izzi for Fiber Expansion in Mexico
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2026-02-19
16:20:00
Company Reports Q4 Revenue of $157.3M, Exceeding Expectations
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2026-02-19
16:20:00
Sees Q1 Revenue of $100M-$105M, Consensus $140.18M
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2026-02-19
16:20:00
2026 Revenue Expected at $440M-$480M
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2025-12-08 (ET)
2025-12-08
09:50:00
MediaKind to Acquire Harmonic's Video Business for Approximately $145M
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2025-12-08
07:40:00
Harmonic Receives $145M Binding Offer from MediaKind to Acquire Video Business
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2025-12-03 (ET)
2025-12-03
08:10:00
Harmonic and Normann Engineering Achieve 20 Broadband Deployments Milestone
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News

Newsfilter
8.5
03-05Newsfilter
Harmonic Accelerates Streaming and Broadcast Transformations at 2026 NAB Show
  • AI-Powered Workflows: Harmonic introduces a new AI orchestration service at the 2026 NAB Show, which aggregates and coordinates third-party and in-house AI functions, significantly enhancing live content processing efficiency, thereby enabling media companies to monetize more effectively in an IP and AI-driven environment.
  • Video Appliance Upgrade: The next-generation Spectrum™ X media server simplifies video ingest and playout functions, dramatically lowering the total cost per channel for broadcast delivery, which helps leading broadcasters globally enhance operational efficiency and capture new revenue opportunities.
  • Streaming Innovations: Harmonic showcases its first large production deployment of VOS Media Software on Red Hat OpenShift, further advancing its hybrid streaming solution with enhanced central management capabilities across private and public cloud environments.
  • Advertising Technology Advancement: The newly launched server-side in-stream advertising solution automatically triggers ads during live games, boosting monetization without interrupting viewer experience, while the integration with multiview channels further increases revenue potential.
PRnewswire
8.5
03-05PRnewswire
Harmonic Accelerates Streaming Transformation at 2026 NAB Show
  • Innovative Video Solutions: At the 2026 NAB Show, Harmonic introduces a next-generation media server and AI-driven innovations aimed at streamlining video workflows and reducing operational costs, thereby enhancing overall efficiency in broadcasting and streaming services.
  • AI Workflow Optimization: The company has updated the name of its AI service to 'AI orchestration service,' which helps media companies monetize more effectively in an IP- and AI-driven environment, thereby strengthening its competitive position in the market.
  • Cost Reduction: Harmonic's solutions enable customers to minimize total cost of ownership (TCO) and unlock more meaningful revenue opportunities, further driving revenue growth in the media industry.
  • Showcase at NAB: Harmonic will showcase its latest innovations at the 2026 NAB Show from April 19-22 at booth W2831, which is expected to attract significant attention from industry participants regarding its cutting-edge technologies.
PRnewswire
7.5
02-25PRnewswire
Harmonic Empowers Alcom to Enhance Video Service Quality
  • Technological Partnership: Harmonic's XOS™ Advanced Media Processor supports Alcom's next-generation white-label video service, enabling mid-size operators in Finland and Sweden to deliver broadcast and streaming services with exceptional video quality and efficiency, thereby enhancing market competitiveness.
  • Cost Efficiency Improvement: With AI-powered EyeQ™ content-aware encoding, Alcom achieves up to 50% bitrate savings while maintaining outstanding video quality, which not only enhances viewer satisfaction but also creates new revenue opportunities for the company.
  • Market Expansion: Alcom leverages Harmonic's technology to consolidate various media processing tasks, increasing operational efficiency and expanding its service portfolio through the Play+ white-label IPTV architecture, further solidifying its position in the Nordic market.
  • Strategic Implications: The integration of Harmonic's XOS media processor with Agile TV's solutions enables Alcom to provide efficient, scalable, high-quality video services, helping it stand out in a competitive market and maximize revenue potential.
seekingalpha
9.5
02-20seekingalpha
Harmonic Inc. Q4 2025 Earnings Highlights
  • Strong Broadband Revenue: Harmonic reported Q4 broadband revenue of $98.2 million, reflecting a 9% sequential growth and exceeding the high end of guidance, indicating robust momentum in the broadband market and significant growth potential.
  • Record Orders and Revenue: The company achieved quarterly bookings of $346.9 million, with year-end backlog and deferred revenue at $573.8 million, representing a 73% year-over-year increase, laying a solid foundation for future revenue growth.
  • Success in Customer Diversification: Revenue from the rest of the world grew 33% year-over-year, now accounting for 41% of total broadband revenue, demonstrating Harmonic's successful expansion in international markets and new deployments, particularly in Europe and with Telia in Norway.
  • Optimistic Future Outlook: The CFO guided for Q1 2026 broadband revenue between $100 million and $105 million, with full-year revenue projected between $440 million and $480 million, reflecting the company's confidence in future growth despite challenges from memory chip pricing.
Yahoo Finance
9.5
02-19Yahoo Finance
Harmonic Reports Decline in Q4 Adjusted Earnings
  • Earnings Report: Harmonic reported Q4 adjusted earnings of $0.14 per diluted share, down from $0.XX in the previous year, indicating profitability pressures amid intensified market competition and rising costs.
  • Market Reaction: The decline in earnings has raised investor concerns about the company's future outlook, potentially putting downward pressure on the stock price and affecting its capital-raising capabilities in the market.
  • Cost Challenges: The company noted that rising operational costs negatively impacted profit margins, particularly due to increased spending in R&D and sales, which may necessitate measures to control costs to maintain profitability.
  • Strategic Adjustments: Harmonic may need to reassess its market strategy to navigate the current economic environment and industry challenges, ensuring a return to profitability growth in upcoming quarters.
seekingalpha
9.5
02-19seekingalpha
Harmonic Reports Q4 Earnings with Mixed Results
  • Earnings Report: Harmonic's Q4 non-GAAP EPS of $0.06 missed expectations by $0.04, indicating challenges in profitability that could affect investor confidence moving forward.
  • Revenue Decline: The company reported Q4 revenue of $157.3 million, a 29.2% year-over-year decline, although it beat market expectations by $16.32 million, the ongoing revenue drop may exert pressure on future growth prospects.
  • Video Business Sale: Harmonic is in the process of selling its video business, and if the deal closes, it could reshape the company's financial statements, potentially providing new growth opportunities and a strategic shift.
  • Market Reaction: Despite the revenue beat, the miss on earnings may lead to cautious market reactions towards Harmonic, prompting investors to closely monitor the progress of the pending sale and its implications for the company's overall financial health.
Wall Street analysts forecast HLIT stock price to rise
2 Analyst Rating
Wall Street analysts forecast HLIT stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
11.00
Averages
13.00
High
15.00
Current: 0.000
sliders
Low
11.00
Averages
13.00
High
15.00
Northland
Outperform
maintain
$14
AI Analysis
2026-02-20
Reason
Northland
Price Target
$14
AI Analysis
2026-02-20
maintain
Outperform
Reason
Northland raised the firm's price target on Harmonic to $14 from $12.50 and keeps an Outperform rating on the shares. The Q4 report featured record Broadband orders of $347M for a 3.5-times book to bill, the strongest bookings seen since $325M in Q1 of 2023, the analyst noted.
Barclays
Tim Long
Equal Weight
maintain
$8 -> $11
2025-11-05
Reason
Barclays
Tim Long
Price Target
$8 -> $11
2025-11-05
maintain
Equal Weight
Reason
Barclays analyst Tim Long raised the firm's price target on Harmonic to $11 from $8 and keeps an Equal Weight rating on the shares. The company's Q3 beat expectations with both video and broadband, and its Q4 guidance came mostly in line with estimates, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for Harmonic Inc (HLIT.O) is 17.52, compared to its 5-year average forward P/E of 22.54. For a more detailed relative valuation and DCF analysis to assess Harmonic Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
22.54
Current PE
17.52
Overvalued PE
31.05
Undervalued PE
14.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
14.49
Current EV/EBITDA
11.87
Overvalued EV/EBITDA
18.09
Undervalued EV/EBITDA
10.88

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.90
Current PS
1.83
Overvalued PS
2.21
Undervalued PS
1.59

Financials

AI Analysis
Annual
Quarterly

Whales Holding HLIT

L
Leeward Investments, LLC
Holding
HLIT
+20.05%
3M Return

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Frequently Asked Questions

What is Harmonic Inc (HLIT) stock price today?

The current price of HLIT is 9.34 USD — it has decreased -1.48

What is Harmonic Inc (HLIT)'s business?

Harmonic Inc. is a provider of virtualized broadband and video delivery solutions, enables media companies and service providers to deliver video streaming and broadcast services to consumers globally. It provides broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets and smartphones. The Company operates through two segments: Video and Broadband. Its Broadband segment provides broadband access solutions and related services, including its cOS software-based broadband access solution, to broadband operators globally. Its Video segment provides video processing, production and playout solutions and services worldwide to broadband operators and satellite and telco Pay-TV service providers, and to broadcast and media companies, including streaming media companies. Its video business infrastructure solutions are delivered either through shipment of its products, software licenses or as software-as-a-service subscriptions.

What is the price predicton of HLIT Stock?

Wall Street analysts forecast HLIT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HLIT is13.00 USD with a low forecast of 11.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Harmonic Inc (HLIT)'s revenue for the last quarter?

Harmonic Inc revenue for the last quarter amounts to 19.41M USD, decreased -81.40

What is Harmonic Inc (HLIT)'s earnings per share (EPS) for the last quarter?

Harmonic Inc. EPS for the last quarter amounts to -0.49 USD, decreased -253.12

How many employees does Harmonic Inc (HLIT). have?

Harmonic Inc (HLIT) has 534 emplpoyees as of March 12 2026.

What is Harmonic Inc (HLIT) market cap?

Today HLIT has the market capitalization of 1.03B USD.