Harmonic Inc

HLIT

Market cap $1.64B

Harmonic (HLIT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Does Harmonic (HLIT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Harmonic (HLIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Harmonic's Software-Based XOS Advanced Media Processor Powers Cost-Efficient 24/7 Channel Origination and Direct-to-Consumer Delivery SAN JOSE, Calif., May 28, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Swiss broadcaster Canal Alpha has deployed Harmonic's award-winning, software-based XOS Advanced Media Processor to modernize playout operations across cantons in French-speaking Switzerland.

Harmonic's SeaStar Optical Node Enables Cost-Effective Broadband Service Expansion in Previously Underserved Brownfield MDU Environments SAN JOSE, Calif., May 19, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that DNA Finland, the second largest mobile and fixed broadband operator serving the Finnish market, is expanding multi-gigabit services into lower-density multi-dwelling units (MDUs) with Harmonic's SeaStar™ optical node.

Harmonic Inc. is upgraded to Buy, leveraging its dominant DOCSIS infrastructure share and cOS platform as North American cable operators ramp DOCSIS 4.0 deployments. HLIT's broadband segment posted 43% YoY revenue growth in Q1 2026, with rest-of-market bookings now over 50%, reducing historical customer concentration risk. Gross margin guidance for FY2026 is 50–51.5%, pressured by memory costs and new product ramps; historical earnings volatility remains a key risk.

SAN JOSE, Calif., May 13, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Inter Venezuela, the largest private Internet service provider in Venezuela, is powering its new nationwide XGS-PON-based mobile backhaul service with Harmonic's cOS™ virtualized core and portfolio of fiber solutions.

Harmonic Inc. (HLIT) Q1 2026 Earnings Call Transcript

Harmonic NASDAQ: HLIT reported a stronger-than-expected first quarter for fiscal 2026, driven by sharp growth in its broadband business and broader adoption beyond its largest customers, according to comments from executives on the company's earnings call.

Harmonic (HLIT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago.