Harmonic (HLIT) Stock Price, News & Analysis

Company Overview

Harmonic Inc. (NASDAQ: HLIT) develops broadband access and video delivery solutions for communications and media companies. Its broadband portfolio includes the CableOS platform, which supports virtualized and software-based cable access networks, along with technologies for fiber, hybrid fiber-coaxial and distributed access architectures. These solutions are designed to help service providers expand network capacity, improve operating flexibility and deliver high-speed broadband services.

Harmonic also provides video infrastructure and software for broadcasters, streaming providers, pay-TV operators and other media organizations. Its offerings support video processing, distribution, cloud-based playout, streaming, over-the-top services and the delivery of live and on-demand programming across multiple screens and networks.

Founded in 1988 and headquartered in San Jose, California, Harmonic serves customers in North America, Europe, Asia-Pacific and other international markets. The company’s customers include cable and telecommunications operators, broadcasters, satellite providers, content owners and streaming businesses.

Key Stats

• Today's Range: $10.43 to $10.70
• 50-Day Range: $10.55 to $13.92
• 52-Week Range: $8.47 to $17.68
• Volume: 917,632 shs
• Average Volume: 1.37 million shs
• Market Capitalization: $1.15 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.50
• Consensus Rating: Hold

Harmonic Stock Analysis - MarketRank™

Harmonic scored higher than 62% of companies evaluated by MarketBeat, and ranked 338th out of 595 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

Harmonic has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on no strong buy ratings, 3 buy ratings, 3 hold ratings, and 1 sell rating.

Upside Potential

Harmonic has a consensus price target of $17.50, representing about 65.9% upside from its current price of $10.55.

Amount of Analyst Coverage

Harmonic has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 7.55%

Earnings Growth

Earnings for Harmonic are expected to grow by 7.55% in the coming year, from $0.53 to $0.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Harmonic is -25.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Harmonic is -25.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Harmonic has a P/B Ratio of 3.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.89% of the float of Harmonic has been sold short.

Short Interest Ratio / Days to Cover

Harmonic has a short interest ratio ("days to cover") of 5.08.

Change versus previous month

Short interest in Harmonic has recently increased by 8.08%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Harmonic does not currently pay a dividend.

Dividend Growth

Harmonic does not have a long track record of dividend growth.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.91

News Sentiment

Harmonic has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Harmonic this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for HLIT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Harmonic to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Harmonic insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.74% of the stock of Harmonic is held by insiders.

Percentage Held by Institutions

99.38% of the stock of Harmonic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/12/2026
• Today: 9/30/2026
• Next Earnings (Estimated): 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Communications Equipment
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:HLIT
• CIK: 851310
• Web: www.harmonicinc.com
• Phone: (408) 542-2500
• Fax: 408-542-2511
• Employees: 559
• Year Founded: 1988

Price Target and Rating

• Average Price Target for Harmonic: $17.50
• High Price Target: $20.00
• Low Price Target: $15.00
• Potential Upside/Downside: +65.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 19.91
• P/E Growth: N/A
• Net Income: -$43.31 million
• Net Margins: -8.50%
• Pretax Margin: 8.67%
• Return on Equity: 10.91%
• Return on Assets: 5.98%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 3.05
• Quick Ratio: 2.56

Sales & Book Value

• Annual Sales: $570.80 million
• Price / Sales: 2.02
• Cash Flow: $0.80 per share
• Price / Cash Flow: 13.11
• Book Value: $3.41 per share
• Price / Book: 3.09

Miscellaneous

• Outstanding Shares: 109,070,000
• Free Float: 107,168,000
• Market Cap: $1.15 billion
• Optionable: Optionable
• Beta: 1.32