Stock Price & Analysis

Buy HLIT stock as insider purchases and positive post-market momentum suggest confidence. Sell HLIT stock as mixed institutional sentiment and analyst downgrades indicate caution.

HLIT stock is predicted to reach $12.00 to $15.00 in 2025.

The stock has shown resilience with strong insider buying activity, including purchases by the CEO and directors, indicating confidence in its future prospects. Despite weak 2025 guidance, which caused a 21% stock plunge, the company's position in growing digital infrastructure and broadband markets, along with a $200 million share repurchase program, supports the price recovery.

The S1 support level for HLIT Stock is $9.62 ,The R1 resistant level for HLIT Stock is $10.43.

As of the end of day on 2025-04-01, the price of HLIT Stock was $9.455.

The target price for HLIT Stock according to analyst rating is 10.50, with the highest price target at 14.00 and the lowest at 5.00. Analysts have a Moderate Buy rating on HLIT Stock overall.

The market cap of HLIT is $1.1B.

HLIT appears overvalued based on its high price-to-earnings (P/E) ratio of 39.63 and EV/EBITDA of 15.04, which exceed industry averages. While revenue has grown significantly, net income has been inconsistent, with negative figures in early 2024. Gross margins remain stable around 53-56%, but profitability is lagging. Insider buying activity suggests confidence, but mixed institutional and analyst sentiment, with lowered price targets, indicates uncertainty. The stock's technical indicators show a bearish trend, with RSI at 36.66, further supporting the overvaluation assessment.

Harmonic Inc. is a provider of virtualized broadband and video delivery solutions. The Company's solutions enables media companies and service providers to deliver video streaming and broadcast 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 and 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 (SaaS) subscriptions.

HLIT stock is predicted to reach $20-$25 by 2030, driven by strong insider confidence, growing demand for broadband and video delivery solutions, and the company's strategic position in the digital infrastructure revolution. Recent insider purchases, including by the CEO, signal management's optimism in the company's future growth and profitability.

HLIT has a total of 1359 employees.