AlphaMadera's AlphaVal page classifies Harmonic Inc. as a Stable Earnings Power business and values it using P/Adj-EPS × Normalized Multiple, then compares the result to the current market price to flag HLIT as undervalued, fairly valued, or overvalued.

What is Harmonic Inc.'s fair value?

Fair value for HLIT comes from a P/Adj-EPS × Normalized Multiple model -- the approach AlphaVal selected for this company's Stable Earnings Power classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value HLIT?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. HLIT was classified as Stable Earnings Power and is valued using P/Adj-EPS × Normalized Multiple, built from HLIT's most recent reported fundamentals.

HLIT - Harmonic Inc.

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $17.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong

Trading 78.7% above fair value

Current Price $10.05

Bear Case $4.50 55.2% downside ($4.50 - $10.05) / $10.05 = -55.2% $0.25 × 18x P/E

Fair Value $5.62 44.0% downside ($5.62 - $10.05) / $10.05 = -44.0% $0.25 × 22x P/E

Bull Case $6.75 32.8% downside ($6.75 - $10.05) / $10.05 = -32.8% $0.25 × 27x P/E

Adjust Assumptions

P/E Multiple

22.5x

Adjusted EPS

0.25$

Key Value Driver

Normalized P/E multiple (22x base case)

Terminal Value % of EV

Implied Market Multiple 40.2x

Market is pricing in (growth)

Plain-Language Summary

Applying a 22x P/E to adjusted EPS of $0.25, the base-case value is $5.62 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (19 analysts) $17.00

Analyst Range $15.00 – $19.00

Divergence from AlphaVal 67%

Warnings

ℹ Wall Street's average price target is $17.00 (from 19 analysts). Our estimate is 67% below the consensus -- consider that gap carefully.

⚠ This stock is 43% below its 52-week high, with weak or declining earnings. That combination often signals real trouble, even though the valuation below is based on other fundamentals.

Key Risks

Growth DCF inappropriate — terminal value assumptions dominate
EV/EBITDA misleading for regulated businesses where capex is mandated
Regulatory risk is a fat tail not visible in normal multiples