
HARMONIC INC
HLITNASDAQTrading Snapshot
- Day Range
- $11.73 β $12.02
- 52-Week Range
- $8.47 β $17.68
- Volume
- $4.49B
- Avg Volume
- $3.45B
- Shares Outstanding
- 108.5M
- Next Earnings
- Sep 11, 2026
Fundamentals Snapshot
- Annual Revenue
- $361M
- Last Q Revenue
- $122M
- P/E Ratio
- β
- P/S Ratio
- 2.5x
- EPS (TTM)
- $-0.37
- Dividend Yield
- β
Why Investors Own HLIT
- βHigh-growth profile β revenue up +46.2% YoY with expanding US Equity exposure.
- βHealthy economics β 64% gross margin and 26% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About HARMONIC INC
Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable operators, satellite and telecommunications Pay-TV providers, as well as broadcast and a variety of media companies, specifically those involved in streaming. This segment offers dedicated video processing equipment, which encompasses network management and application software, complemented by hardware components such as encoders, video servers, high-density stream processing units, and edge processors. Furthermore, it provides Software-as-a-Service (SaaS) platforms that enable the bundling and transmission of diverse streaming content β including live streams, video-on-demand, catch-up TV, start-over TV, network-based digital video recording (DVR), and cloud-based DVR services. These services are delivered via HTTP streaming to a multitude of devices and incorporate dynamic, personalized advertising insertion capabilities. The Cable Access division specializes in offering CableOS software-centric cable access solutions and CableOS central cloud services, primarily targeting cable operators. Ultimately, Harmonic's product suite empowers its clients to create, manage, store, broadcast, and stream a wide spectrum of video services to end-user devices, including televisions, personal computers, laptops, tablets, and smartphones. Beyond its core offerings, the company provides a range of technical support and professional services. These include ongoing maintenance and support, expert consulting, system implementation, project oversight, technical design and planning, site preparation, integration, equipment installation, thorough system testing, and user training. The company distributes its products both through its internal sales team and indirectly via independent resellers and systems integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
HARMONIC INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift HLIT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
HARMONIC INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.