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Market Cap 1.27B P/E 39.22 EPS this Y 75.70% Ern Qtrly Grth -
Income 56.73M Forward P/E 12.64 EPS next Y 64.60% 50D Avg Chg -31.00%
Sales 555.09M PEG 0.37 EPS past 5Y 2.63% 200D Avg Chg -23.00%
Dividend N/A Price/Book 3.70 EPS next 5Y 60.30% 52W High Chg -38.00%
Recommedations 1.70 Quick Ratio 1.12 Shares Outstanding 116.33M 52W Low Chg 7.00%
Insider Own 2.32% ROA 0.54% Shares Float 106.79M Beta 0.87
Inst Own 97.93% ROE 15.42% Shares Shorted/Prior 4.23M/4.44M Price 11.38
Gross Margin 50.58% Profit Margin 10.22% Avg. Volume 1,516,262 Target Price 17.17
Oper. Margin 3.50% Earnings Date Oct 28 Volume 3,804,295 Change -2.19%
About Harmonic Inc.

Harmonic Inc., together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, catch-up TV, start-over TV, network-DVR and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

Harmonic Inc. News
11/18/24 Harmonic rises as activist investor pushes for sale
11/15/24 Is Weakness In Harmonic Inc. (NASDAQ:HLIT) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
11/08/24 Do Options Traders Know Something About Harmonic (HLIT) Stock We Don't?
10/30/24 Harmonic Third Quarter 2024 Earnings: Beats Expectations
10/29/24 Harmonic Inc (HLIT) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic ...
10/28/24 Harmonic: Q3 Earnings Snapshot
10/28/24 Harmonic Announces Third Quarter 2024 Results
10/14/24 Harmonic Announces Reporting Date for Third Quarter 2024 Results
09/26/24 Exploring Three High Growth Tech Stocks in the United States
09/24/24 Will Innovation in Broadband Technology Propel HLIT's Stock Growth?
09/24/24 Harmonic's BEAD Solutions Speed Up FTTH Deployments
09/24/24 Harmonic Advances Fiber Broadband Interoperability with Open ONU Strategy
09/23/24 Comcast and Harmonic to Demonstrate Industry's First Unified DOCSIS 4.0 and Fiber Solution at SCTE TechExpo24
09/20/24 Harmonic Inc (NASDAQ:HLIT): A Bull Case Theory
09/19/24 Bluepeak and Harmonic Join Forces to Future-Proof Broadband Connectivity
09/18/24 EchoStar's Hughes Expands Portfolio With Latest HS600 Media Player
09/16/24 HLIT Gains Validation for VOS360 Ad SaaS by FreeWheel: Stock to Gain?
09/16/24 Harmonic Charts the Future of Broadband at SCTE TechExpo24
09/13/24 Are Options Traders Betting on a Big Move in Harmonic (HLIT) Stock?
09/13/24 Harmonic's VOS360 Ad SaaS Validated by FreeWheel, Transforming Video Streaming Monetization
HLIT Chatroom

User Image smartkarma Posted - 9 hours ago

$HLIT | Why Ancora Thinks Harmonic Inc. Should Explore a Strategic Sale: What Investors Need to Know! "Harmonic reported record results for the third quarter of 2024, with total company revenue and profitability exceeding expectations. The company's..." - Baptista Research (Baptista Research) Read more: https://www.smartkarma.com/insights/why-ancora-thinks-harmonic-inc-should-explore-a-strategic-sale-what-investors-need-to-know

User Image HTNY Posted - 1 day ago

$HLIT Activists popping out of the woodwork here which is what I like to see. I agree that this company is absolutely an embedded value buyout candidate that could have a host of strategic suitors. As a standalone company it's hard to smooth out your projections and forecast properly when you are at the whims of glacial cable company business planning cycles. https://www.broadbandtvnews.com/2024/11/19/ancora-holdings-calls-for-harmonic-selloff/

User Image StocktwitsNews Posted - 2 days ago

Harmonic Stock In Focus After Ancora Holdings Sees Clear Opportunity To Attract Buyers. $HLIT $CIEN https://stevents.onelink.me/wmCS/1910c1ck

User Image bhaviknair Posted - 2 days ago

$HLIT $CIEN Harmonic Stock In Focus After Ancora Holdings Sees Clear Opportunity To Attract Buyers https://stocktwits.com/news-articles/markets/5/harmonic-stock-in-focus-after-ancora-highlights-opportunity-to-get-acquired/cJ4vfiDRQh

User Image HEARTofBEAR_BRAINofBULL Posted - 6 days ago

$HLIT damn a full month down below the 6 month average price. They didn't want call options to make a single dollar for the last 2 expiration dates AFTER EARNINGS. Oh well there's more out here.

User Image GraceGlass Posted - 1 week ago

$BKR $EXAS $FRME $HLIT

User Image HTNY Posted - 1 week ago

$HLIT The minute these guys are in a position to issue guidance again it goes to 16-18 again pronto.

User Image Chayze Posted - 1 week ago

$HLIT dirt cheap Feb 25 atm calls

User Image 117brandy Posted - 1 week ago

$HLIT read this from Nov 7 CommScope sees hope in Comcast's FDX ramp-up

User Image Estimize Posted - 2 weeks ago

Wall St is expecting 0.37 EPS for $HLIT Q4 [Reporting 02/03 AMC] http://www.estimize.com/intro/hlit?chart=historical&metric_name=eps&utm_co

User Image HEARTofBEAR_BRAINofBULL Posted - 2 weeks ago

HAPPY MONDAY, ELECTION EVE $ROOT $HLIT $CELH TODAYS MONEY MAKERS

User Image HEARTofBEAR_BRAINofBULL Posted - 2 weeks ago

$ROOT this might take until lunch, in the mean time I recommend $HLIT nice lil runner this morning. I'm loaded already so it's up to you

User Image HTNY Posted - 10/30/24

$HLIT Inching up after the absurd sell off. Jefferies who were the most bearish on the stock were also weirdly angry and aggressive on the conf call. Had a whiff of an options bet gone bad with post call price target retaliation. Regardless. Just based on 2024 anticipated PE they should be at the 14-15 range now.

User Image Shlobby Posted - 10/29/24

$CROX were $hlit today. I feel the pain

User Image jParkz Posted - 10/29/24

News Article $HLIT Hold Recommendation Issued On HLIT By Jefferies https://marketwirenews.com/news-releases/hold-recommendation-issued-on-hlit-by-jefferies-7084044433411446.html $HLIT

User Image LewisDaKat Posted - 10/29/24

$HLIT News out HLIT Price Target Alert: $12.50. Issued by Jefferies https://marketwirenews.com/news-releases/hlit-price-target-alert-12-50-issued-by-jefferies-8710654658429486.html $HLIT

User Image jParkz Posted - 10/29/24

$HLIT News Article HLIT Price Target Alert: $16.00. Issued by Rosenblatt Securities https://marketwirenews.com/news-releases/hlit-price-target-alert-16-00-issued-by-rosenblatt-s-7711331054071470.html $HLIT

User Image OpenOutcrier Posted - 10/29/24

RECAP 10/29 Chatter: $AVGO + OpenAI Chips $ALTR + Siemens $V - Layoffs RECAP 10/29 -Neg Comments: $HLIT - Jefferies $IEP - Hindenburg Live Breaking trading news www.openoutcrier.com

User Image HTNY Posted - 10/29/24

$HLIT Midday analyst PTs updated here (highest to lowest): Needham $18 Barclays $17 Rosenblatt $16 Raymond James $14 Jefferies $12.50 New consensus: $15.5 (40% lift from current SP) Most analysts had this at 16-20 prior to the call so you can see what they thought of management's bungling of the q&a and commentary but I still see this as a solid buy at these levels.

User Image dennismccain Posted - 10/29/24

@HTNY Obviously the reversal was confusing. Earnings were very good but management muffed the guidance by basically saying they don’t have visibility. So I’m kinda at a loss. $HLIT is one of my long term holds. And I don’t trade them much. I generally just build them up and then sell options and collect dividends. So that’s the path I’ll continue on until i see some reason to change. Your flexibility to exit and reenter at a lower price point was genius. So congratulations to you. As for me, I liked the earnings and revenue increases so I’ll just continue to add and lower my cost basis. By the way, HLIT was my second buy in the Communication Equipment area. My first was ITI but I’m out of that now. The industry actually looks quite fertile.

User Image _www_larval_com_ Posted - 10/29/24

$UAVS 14%[9%] $LTBR 11%[16%] $HLIT 9%[-22%] $ALBT -7%[-16%] $SGD 7%[6%] most notable movement within the first minutes of trading.

User Image anachartanalyst Posted - 10/29/24

https://anachart.com/market-update/october-29th-2024/ $AMKR $HLIT $NARI

User Image GetVector Posted - 10/29/24

Vector Intelligence (VI) is an algorithm designed to predict potential outsized intraday moves. VI will select up to 4 stocks per day. Today's VI stocks: $AMKR, $CROX, $HLIT, $TMDX.

User Image VrtcIl Posted - 10/29/24

What are your targets on $HLIT? Closest round level at 13. Take out profits right before those round numbers. Many orders on those levels are waiting to get filled. Price: 12.65 Float: 109.3M Short Float: 3.3 % 💰 Dollar Volume: 296.3K ℹ️ USA | Communication Equipment

User Image briefingcom Posted - 10/29/24

Gapping down: $CVI -25.3% $TMDX -23.2% $HLIT -22.4% $XRX -17.6% $JBI -13.2%

User Image HTNY Posted - 10/29/24

$HLIT Barclays cuts their PT on Harmonic from 20 to 17. Once you cut through the overreaction to a wishy washy verbal forecast last night you realize that underlying it is a growing company with strong EPS, robust moat and fundamentals. I'm going to be buying and waiting here. They also have an untouched buyback allocation available to support the stocks floor.

User Image swingingtech Posted - 10/29/24

$HUBB $HLIT $BILL https://wallstreetwaves.com/significant-monday-options-movement-hubb-hlit-bill/

User Image Estimize Posted - 10/28/24

$HLIT reported 0.26 EPS and 195.76 revenue for Q3. http://www.estimize.com/intro/hlit?chart=historical&metric_name=eps&utm_content=HLIT&utm

User Image ggli200000 Posted - 10/28/24

$HLIT According to their CC, their revenue for next quarter is gonna be 205-220M, which is lower than expected (218M) at mid point. And there are unified transition stuff next year which delays the revenue from their customers. Which is a headwind in short term (2025) but a tailwind in the longer term, according to their sayings in the cc. But they can't give out estimations of impacts yet (Which is a big minus cause people don't like uncertainty). Also when a company isn't growing anymore, valuation would start to become more concerning (not saying it's overvalued here, but it's at least not undervalued). On the other hand, we have an earnings beat (by a pretty big margin tbh) this quarter. So overall, I think the drop is justified if we look at it in the short term, though this could provide a buying opportunity for the long term. However, whether a 20% drop is too much or not, we don't know for sure, there aren't a lot of liquidity in the AH, also the spread is pretty big.

User Image WarrenPsnik Posted - 10/28/24

$HLIT Added AH at $11.75.

Analyst Ratings
Barclays Overweight Jul 30, 24
Needham Buy Jul 30, 24
Rosenblatt Buy Jul 18, 24
Needham Buy Jun 17, 24
Needham Buy May 17, 24
Needham Buy Apr 30, 24
Needham Buy Apr 17, 24
Needham Buy Apr 9, 24
Rosenblatt Buy Jan 30, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Ben-Natan Nimrod SVP & GM, Broadband.. SVP & GM, Broadband Business Nov 15 Option 0.00 15,844 363,156 11/17/23
Ben-Natan Nimrod SVP & GM, Broadband.. SVP & GM, Broadband Business Aug 15 Option 0.00 15,845 347,312 08/17/23
Ben-Natan Nimrod SVP & GM, Broadband.. SVP & GM, Broadband Business Apr 18 Option 0.00 6,964 315,624 04/20/23
Whalen Daniel T Director Director Feb 15 Option 0.00 14,395 24,518 02/17/23
SWENSON SUSAN Director Director Feb 15 Option 0.00 14,395 234,220 02/17/23
Reaugh Mitzi Director Director Feb 15 Option 0.00 14,395 269,720 02/17/23
KRALL DAVID Director Director Feb 15 Option 0.00 14,395 143,044 02/17/23
Ben-Natan Nimrod SVP & GM, Broadband.. SVP & GM, Broadband Business Nov 30 Sell 14.91 50,000 745,500 265,023 12/02/22
Ben-Natan Nimrod SVP & GM, Broadband.. SVP & GM, Broadband Business Nov 15 Option 0.00 16,447 315,023 11/17/22
Kalra Sanjay SVP and CFO SVP and CFO Aug 25 Sell 11.358 53,585 608,618 96,419 08/29/22
HARSHMAN PATRICK President and CEO President and CEO Aug 15 Option 0 31,791 603,559 08/17/22
HARSHMAN PATRICK President and CEO President and CEO Aug 15 Sell 11.39 6,040 68,796 578,173 08/17/22
Ben-Natan Nimrod SVP & GM, Cable Acce.. SVP & GM, Cable Access Aug 15 Option 0.00 16,446 448,411 08/17/22
Graham Ian SVP, Global Sales &.. SVP, Global Sales & Video Svcs Aug 04 Sell 11.2975 15,000 169,462 85,358 08/08/22
HARSHMAN PATRICK President and CEO President and CEO Aug 03 Sell 10.8834 50,000 544,170 571,768 08/05/22
Ben-Natan Nimrod SVP & GM, Cable Acce.. SVP & GM, Cable Access May 15 Option 0.00 16,446 431,965 05/17/22
KRALL DAVID Director Director Feb 15 Option 0.00 19,157 128,649 02/17/22
SWENSON SUSAN Director Director Feb 15 Option 0.00 19,157 219,825 02/17/22
Reaugh Mitzi Director Director Feb 15 Option 0.00 19,157 255,325 02/17/22
Theodosopoulos Nikos Director Director Feb 15 Option 0.00 19,157 182,902 02/17/22
Whalen Daniel T Director Director Feb 15 Option 0.00 10,123 10,123 02/17/22
Kalra Sanjay SVP and CFO SVP and CFO Nov 12 Option 0 20,030 107,525 11/16/21
Kalra Sanjay SVP and CFO SVP and CFO Nov 12 Sell 10.79 91,176 983,789 92,540 11/16/21
HARSHMAN PATRICK President and CEO President and CEO Sep 16 Sell 8.9 266,667 2,373,336 1,022,295 09/16/21
HARSHMAN PATRICK President and CEO President and CEO Sep 16 Option 7.58 266,667 2,021,336 1,118,959 09/16/21
Haltmayer Neven SVP, Video R&D SVP, Video R&D Apr 16 Option 7.58 80,000 606,400 240,789 04/16/21
HARSHMAN PATRICK President and CEO President and CEO Feb 23 Option 6.49 105,702 686,006 1,179,784 02/23/21
HARSHMAN PATRICK President and CEO President and CEO Feb 23 Sell 7.93 97,526 773,381 1,082,258 02/23/21
Kalra Sanjay SVP and CFO SVP and CFO Feb 11 Option 4.65 19,167 89,127 160,148 02/11/21
Kalra Sanjay SVP and CFO SVP and CFO Feb 11 Sell 8.01 52,361 419,412 135,191 02/11/21