HLIT icon

Harmonic Inc

9.24 USD
-0.10
1.07%
At close May 21, 4:00 PM EDT
After hours
9.15
-0.09
0.97%
1 day
-1.07%
5 days
-3.75%
1 month
8.32%
3 months
-12.17%
6 months
-25.42%
Year to date
-29.36%
1 year
-20.21%
5 years
70.48%
10 years
33.91%
 

About: Harmonic Inc engaged in broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice, and video services for their customers and versatile and high-performance video delivery software, products, system solutions and services that enable its customers to efficiently create, prepare, store, playout and deliver a full range of high-quality broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smartphones. It has two segments, Broadband which provides broadband access solutions and related services, and Others; and Video business provides video processing and production and playout solutions and services, and Others.

Employees: 1,147

0
Funds holding %
of 7,245 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

72% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 25

14% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 78

7% more funds holding

Funds holding: 229 [Q4 2024] → 244 (+15) [Q1 2025]

5.92% less ownership

Funds ownership: 94.78% [Q4 2024] → 88.85% (-5.92%) [Q1 2025]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]

28% less call options, than puts

Call options by funds: $286K | Put options by funds: $397K

31% less capital invested

Capital invested by funds: $1.46B [Q4 2024] → $1.01B (-$456M) [Q1 2025]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$11
19%
upside
Avg. target
$12.50
35%
upside
High target
$14
52%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Rosenblatt
Steve Frankel
19%upside
$11
Buy
Maintained
29 Apr 2025
Needham
Ryan Koontz
52%upside
$14
Buy
Reiterated
29 Apr 2025

Financial journalist opinion

Based on 10 articles about HLIT published over the past 30 days

Neutral
PRNewsWire
1 hour ago
Harmonic Showcases Breakthrough Solutions to Drive Premium Broadband Experiences at Fiber Connect 2025
SAN JOSE, Calif. , May 22, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company will demonstrate powerful broadband innovations at Fiber Connect 2025, designed to accelerate fiber rollouts and deliver multigigabit broadband services with unmatched flexibility and significant cost savings.
Harmonic Showcases Breakthrough Solutions to Drive Premium Broadband Experiences at Fiber Connect 2025
Positive
Zacks Investment Research
1 day ago
HLIT Boosts Cignal TV's Broadcast Capabilities With Advanced Solution
Harmonic expands partnership with Cignal TV to enhance the latter's broadcast and streaming services with a cutting-edge solution.
HLIT Boosts Cignal TV's Broadcast Capabilities With Advanced Solution
Neutral
PRNewsWire
2 days ago
Harmonic Elevates the Broadband Experience with Innovations at ANGA COM 2025
SAN JOSE, Calif. , May 20, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that the company will showcase breakthrough broadband innovations at ANGA COM 2025.
Harmonic Elevates the Broadband Experience with Innovations at ANGA COM 2025
Neutral
PRNewsWire
2 days ago
Cignal TV Unlocks Video Streaming and Broadcast Efficiency with Harmonic's Cloud-Native Solution
Harmonic's VOS360 Media SaaS Streamlines Channel Origination, Playout and Disaster Recovery for Leading Service Provider in the Philippines SAN JOSE, Calif. , May 19, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Cignal TV, a leading pay-TV provider in the Philippines, has expanded its partnership with Harmonic to modernize channel origination, playout and disaster recovery workflows.
Cignal TV Unlocks Video Streaming and Broadcast Efficiency with Harmonic's Cloud-Native Solution
Neutral
PRNewsWire
1 week ago
Harmonic Partners with Evolution Digital to Simplify Fiber Broadband Deployments
Collaboration Strengthens Harmonic's Open ONU Vision, Driving Down Fiber Broadband Deployment Costs SAN JOSE, Calif. , May 13, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a new partnership with Evolution Digital, a global leader in advanced connectivity solutions, further expanding its roster of interoperable ONU partners and reinforcing the company's commitment to creating an open, flexible fiber broadband ecosystem.
Harmonic Partners with Evolution Digital to Simplify Fiber Broadband Deployments
Neutral
PRNewsWire
2 weeks ago
Harmonic to Participate in the 20th Annual Needham Virtual Technology, Media & Consumer Conference and the Rosenblatt 5th Annual Virtual Technology Summit
SAN JOSE, Calif. , May 7, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Nimrod Ben-Natan, President and CEO of Harmonic, and Walter Jankovic, Chief Financial Officer, will host virtual investor meetings at the 20th Annual Needham Virtual Technology, Media & Consumer Conference on Monday, May 12, 2025, and the Rosenblatt 5th Annual Virtual Technology Summit on Tuesday, June 10, 2025.
Harmonic to Participate in the 20th Annual Needham Virtual Technology, Media & Consumer Conference and the Rosenblatt 5th Annual Virtual Technology Summit
Neutral
PRNewsWire
3 weeks ago
Flamingo TV Bonaire B.V. Takes a Bold Step Forward in Network Transformation with Harmonic
Harmonic's cOS Virtualized Broadband Platform Simplifies the Transition to Distributed Access Architecture, Enabling Faster Connectivity and an Evolutionary Path to Fiber SAN JOSE, Calif. , April 30, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Caribbean internet service provider Flamingo TV Bonaire is embracing Harmonic's industry-leading cOS™ virtualized broadband platform to completely modernize its broadband infrastructure.
Flamingo TV Bonaire B.V. Takes a Bold Step Forward in Network Transformation with Harmonic
Neutral
Seeking Alpha
3 weeks ago
Harmonic Inc. (HLIT) Q1 2025 Earnings Call Transcript
Harmonic Inc. (NASDAQ:HLIT ) Q1 2025 Results Conference Call April 28, 2025 5:00 PM ET Company Participants David Hanover - Investor Relations Nimrod Ben-Natan - President & Chief Executive Officer Walter Jankovic - Chief Financial Officer Conference Call Participants Steven Frankel - Rosenblatt Securities Ryan Koontz - Needham Victor Chiu - Raymond James Alyssa Shreves - Barclays Tim Savageaux - Northland Capital Markets Operator Welcome to the First Quarter 2025 Harmonic Earnings Conference Call. My name is Lisa, and I will be your operator for today's conference call.
Harmonic Inc. (HLIT) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Harmonic (HLIT) Q1 Earnings and Revenues Surpass Estimates
Harmonic (HLIT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to break-even earnings per share a year ago.
Harmonic (HLIT) Q1 Earnings and Revenues Surpass Estimates
Neutral
PRNewsWire
3 weeks ago
Harmonic Announces First Quarter 2025 Results
Broadband gross margins and profitability exceeded expectations Strong Video results with revenue and profitability surpassing high end of guidance Robust cash flow generation resulted in cash balance of $149 million at quarter end SAN JOSE, Calif. , April 28, 2025 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the first quarter of 2025.
Harmonic Announces First Quarter 2025 Results
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