Stock Price
P/E Ratio
Volume Traded Today
Dividend
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Harmonic Inc Market Cap
Based on ratings from 6 stock analysts, the Harmonic Inc stock price is expected to increase by 16.45% in 12 months. This is calculated by using the average 12-month stock price forecast for Harmonic Inc. The lowest target is $12.5 and the highest is $18. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedHLIT 5 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Harmonic Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HLIT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HLIT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Steve Frankel Rosenblatt | Buy | $16 | Maintains | Oct 29, 2024 |
| Tim Long Barclays | Overweight | $17 | Maintains | Oct 29, 2024 |
| George Notter Jefferies | Hold | $12.5 | Downgrade | Oct 29, 2024 |
| Tim Savageaux Northland Capital Markets | Outperform | $14 | Maintains | Oct 29, 2024 |
| Simon Leopold Raymond James | Outperform | $14 | Downgrade | Oct 29, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Oct 29, 2024 |
| Steve Frankel Rosenblatt | Buy | $18 | Maintains | Oct 15, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Jul 30, 2024 |
| Tim Long Barclays | Overweight | $20 | Maintains | Jul 30, 2024 |
| Steve Frankel Rosenblatt | Buy | $18 | Maintains | Jul 18, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Jun 17, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | May 17, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Apr 30, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Apr 17, 2024 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Apr 9, 2024 |
| Steve Frankel Rosenblatt | Buy | $16 | Maintains | Jan 30, 2024 |
| Simon Leopold Raymond James | Strong Buy | $18 | Maintains | Jan 30, 2024 |
| Steve Frankel Rosenblatt | Buy | $18 | Reiterates | Dec 29, 2023 |
| Ryan Koontz Needham | Buy | $18 | Reiterates | Dec 20, 2023 |
| Simon Leopold Raymond James | Strong Buy | $19 | Maintains | Dec 14, 2023 |
When did it IPO
1995
Staff Count
1,238
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Nimrod Ben-Natan
Market Cap
$1.49B
In 2023, HLIT generated $607.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that HLIT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Harmonic executives will participate in a fireside chat at the Raymond James 2024 TMT and Consumer Conference in NYC on December 9, 2024, at 8:20 a.m. ET.
Why It Matters - Harmonic's leadership participation at a major conference signals potential insights into company strategy and performance, which can influence investor sentiment and stock valuation.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Ancora Holdings, a major shareholder of Harmonic, Inc. (NASDAQ: HLIT), has released a presentation outlining potential near-term value creation opportunities and plans to discuss these with the company's Board.
Why It Matters - Ancora's push for value creation at Harmonic may signal potential changes or improvements, influencing the company's stock performance and attracting investor interest.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Romanesque Capital Management, a long-term shareholder of Harmonic, Inc. (NASDAQ: HLIT), supports a strategic review for a potential sale to enhance shareholder value.
Why It Matters - Romanesque Capital's call for a strategic review at Harmonic signals potential for a sale, which could unlock value for shareholders and influence stock performance.
Tue, 29 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Harmonic Inc. (NASDAQ: HLIT) will hold its Q3 2024 Earnings Conference Call on October 28, 2024, at 5:00 PM ET with key executives and analysts participating.
Why It Matters - The Q3 2024 earnings call for Harmonic Inc. will provide insights into the company's financial performance and future outlook, influencing investor sentiment and stock valuation.
Mon, 28 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Harmonic Inc. (NASDAQ: HLIT) reported record revenue for Q3 2024, with Broadband revenue up 92% YoY and video achieving profitability with over a 10% Adjusted EBITDA margin.
Why It Matters - Harmonic Inc.'s record revenue and significant growth in broadband revenue signal strong demand and operational efficiency, enhancing investor confidence in future performance.
Mon, 28 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Harmonic (HLIT) reported quarterly earnings of $0.26 per share, exceeding estimates of $0.20, up from breakeven earnings per share a year earlier.
Why It Matters - Harmonic's earnings beat estimates and show significant year-over-year improvement, indicating strong performance and potential growth, which may positively influence investor sentiment and stock price.
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