Harmonic Inc. logo

Harmonic Inc.

HLIT

NASDAQTechnologyCommunication Equipment

Previous close

$12.47

+$0.10 · +0.81%

Aug 21, 4:00 PM ET

HLIT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

33

Expensive

Momentum

54

Neutral

Sentiment

62

Bullish

Risk resilience

47

Elevated Risk

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Company profile

Company website

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 – 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.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Nimrod Ben-Natan
Listed since
May 23, 1995
Employees
552

Market position

Day range

Current $12.47

52-week range

Current $12.47

Open
$12.48
Previous close
$12.37
Volume
1.17M
0.45× average
Average volume
2.59M
Average daily volume
Market cap
1.35B USD
Beta
1.32
Market reference 1
50-day average
$13.186
-5.43% below average
200-day average
$11.2813
+10.54% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.15B USD
P/E (TTM)
-29.96×
P/B (TTM)
3.76×
P/S (TTM)
2.73×
EV / EBITDA
48.35×
Earnings yield
-3.85%
Free cash flow yield
8.62%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
50.71%
Operating margin
11.85%
Net margin
-9.51%
Return on equity
-11.30%
Return on assets
-6.03%
Return on invested capital
0.44%

Financial health

Debt / equity
0.36×
Current ratio
2.5×

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$17.00

36.33% upside
Past 12 months12-month forecastHigh $19.00Average $17.00Low $15.00

Corporate actions

Corporate action history

Stock split

Effective Oct 15, 1999

2:1

HLIT peers

ETFs holding HLIT

Funds reporting this stock among their holdings, ordered by reported position size.

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