HLIT 📈 Harmonic - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4131601027

HLIT: Broadband Access Solutions, Video Processing Appliances, Cloud Services, Software

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. Web URL: https://www.harmonicinc.com

Additional Sources for HLIT Stock

HLIT Stock Overview

Market Cap in USD 1,557m
Sector Technology
Industry Communication Equipment
GiC Sub-Industry Communications Equipment
IPO / Inception 1995-05-22

HLIT Stock Ratings

Growth 5y 51.1%
Fundamental 43.2%
Dividend -
Rel. Strength Industry -67.9
Analysts 4.17/5
Fair Price Momentum 12.34 USD
Fair Price DCF 2.08 USD

HLIT Dividends

No Dividends Paid

HLIT Growth Ratios

Growth Correlation 3m -48.3%
Growth Correlation 12m 29.6%
Growth Correlation 5y 82.4%
CAGR 5y 11.13%
CAGR/Mean DD 5y 0.53
Sharpe Ratio 12m 0.32
Alpha -19.68
Beta 1.07
Volatility 46.34%
Current Volume 1849.3k
Average Volume 20d 1084.4k
What is the price of HLIT stocks?
As of December 22, 2024, the stock is trading at USD 13.32 with a total of 1,849,254 shares traded.
Over the past week, the price has changed by +1.06%, over one month by +10.26%, over three months by -5.20% and over the past year by +12.03%.
Is Harmonic a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Harmonic (NASDAQ:HLIT) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 43.24 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HLIT as of December 2024 is 12.34. This means that HLIT is currently overvalued and has a potential downside of -7.36%.
Is HLIT a buy, sell or hold?
Harmonic has received a consensus analysts rating of 4.17. Therefor, it is recommend to buy HLIT.
  • Strong Buy: 2
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for HLIT stock price target?
According to ValueRays Forecast Model, HLIT Harmonic will be worth about 13.8 in December 2025. The stock is currently trading at 13.32. This means that the stock has a potential upside of +3.3%.
Issuer Forecast Upside
Wallstreet Target Price 14.9 12.1%
Analysts Target Price 18 35.1%
ValueRay Target Price 13.8 3.3%