HLIT Stock Lags Industry in the Past Year: An Opportunity to Buy?
Harmonic's broadband shift is pressuring near-term results, but DOCSIS 4.0 adoption and recurring revenues point to long-term growth.
HLIT - Harmonic Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$15.75
DETAILS
HIGH:
$18.00
LOW:
$15.00
MEDIAN:
$15.00
CONSENSUS:
$15.75
UPSIDE:
30.92%
Stock News
New Strong Buy Stocks for June 26th
ATI, HLIT, LYB, LZRFY and HCI have been added to the Zacks Rank #1 (Strong Buy) List on June 26th, 2026.
Harmonic vs. Belden: Which Connectivity Stock is a Better Buy Now?
HLIT's broadband growth, stronger price gains and upbeat estimate revisions help it stand out over BDC despite a richer valuation.
Harmonic Completes Divestiture of Video Business to MediaKind
Transaction Positions Harmonic as a Pure-Play Broadband Company SAN JOSE, Calif., June 17, 2026 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT), the worldwide leader in virtualized broadband solutions, today announced the successful completion of the sale of its Video Business to MediaKind, a global leader in cloud-based video streaming technology, for $145 million in cash.
Harmonic Benefits From Solid Organic Growth Drivers: Worth a Buy?
HLIT's broadband traction, recurring software revenue growth and planned Video divestiture are sharpening its focus on higher-growth opportunities.
Surging Earnings Estimates Signal Upside for Harmonic (HLIT) Stock
Harmonic (HLIT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here's Why Harmonic (HLIT) is a Great Momentum Stock to Buy
Does Harmonic (HLIT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Harmonic Inc. (HLIT) Hit a 52 Week High, Can the Run Continue?
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.
Swiss Broadcaster Canal Alpha Streamlines Playout to Delivery with Harmonic
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.
A Harmonic Director Sold 4,300 Company Shares. What Does That Mean for Investors?
Harmonic Inc. develops video delivery and broadband solutions; a key insider recently trimmed their stake, according to SEC filings.
DNA Finland Extends Fiber-Grade Connectivity to Lower-Density MDUs with Harmonic
DNA Finland Extends Fiber-Grade Connectivity to Lower-Density MDUs with Harmonic PR Newswire SAN JOSE, Calif., M
DNA Finland Extends Fiber-Grade Connectivity to Lower-Density MDUs with Harmonic
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: The Broadband Thesis Is Connecting (Rating Upgrade)
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.
Inter Venezuela Taps Harmonic for PON-Based Mobile Backhaul Service to Support 5G Growth
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 Inc. (HLIT) Q1 2026 Earnings Call Transcript
Harmonic Q1 Earnings Call Highlights
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) Beats Q1 Earnings and Revenue Estimates
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.
Harmonic Announces First Quarter 2026 Results
Broadband revenue increased 43% year over year, including 78% growth in Rest-of-Market Company raises full-year outlook to reflect Broadband revenue of $475 million - $495 million Sale of Video business progressing as planned, expected to close in the second quarter SAN JOSE, Calif., May 11, 2026 /PRNewswire/ -- Harmonic Inc. (Nasdaq: HLIT) today announced its unaudited results for the first quarter ended April 3, 2026.
Harmonic Defines a New Era of Broadband Connectivity at ANGA COM 2026
SAN JOSE, Calif., May 6, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced its latest broadband innovations for ANGA COM 2026, highlighting its vision for a new era of connectivity defined by exceptional subscriber experiences, intelligent automation and flexible evolution across fiber and DOCSIS networks.
Harmonic to Participate in the 21st Annual Needham Technology, Media & Consumer Conference and the Rosenblatt 6th Annual Virtual Technology Summit
SAN JOSE, Calif., May 5, 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Walter Jankovic, Chief Financial Officer, will participate in a fireside chat at the 21st Annual Needham Technology, Media & Consumer Conference in New York City on Wednesday, May 13, 2026 at 12:45 p.m.
Price Targets
Harmonic price target raised to $15 from $14 at Northland
$15.00
(was $13.01)
Tim Savageaux
·
Northland Securities
Harmonic price target raised to $18 from $17 at Needham
$18.00
(was $13.02)
Needham
Harmonic price target raised to $15 from $10 at Jefferies
$15.00
(was $12.83)
Blayne Curtis
·
Jefferies
Harmonic price target raised to $15 from $11 at Barclays
$15.00
(was $12.83)
Barclays
Harmonic price target raised to $14 from $12.50 at Northland
$14.00
(was $11.36)
Northland Securities
Harmonic price target raised to $11 from $8 at Barclays
$11.00
(was $10.43)
Tim Long
·
Barclays
Harmonic price target lowered to $8 from $10 at Barclays
$8.00
(was $9.14)
Tim Long
·
Barclays
Harmonic downgraded to Hold at Jefferies amid Broadband segment softness
$12.50
(was $10.96)
George Notter
·
Jefferies
Harmonic Inc. (HLIT) PT Lowered to $16 at Rosenblatt
$16.00
(was $14.82)
Steve Frankel
·
Rosenblatt Securities
Harmonic Inc. (HLIT) PT Raised to $18 at Rosenblatt
$18.00
(was $10.74)
Steve Frankel
·
Rosenblatt Securities
Why Harmonic Shares Are Diving Today
$20.00
(was $11.63)
Ryan Koontz
·
Needham
Harmonic Likely To See Upside After Securing Comcast Deal And Emerges As Front-Runner For Charter Win, Analysts Say
$19.00
(was $13.17)
Ryan Koontz
·
Needham
A 'Dominant' Next-Gen Cable Stock Just Surprised With Big New Forecasts
$17.00
(was $11.82)
Ryan Koontz
·
Needham
Needham Maintains Buy on Harmonic, Raises Price Target to $17
$17.00
(was $11.20)
Needham
Rosenblatt Maintains Buy on Harmonic, Raises Price Target to $17
$17.00
(was $10.85)
Rosenblatt Securities
Needham Maintains Buy on Harmonic, Raises Price Target to $15
$15.00
(was $10.85)
Needham
Barclays Maintains Overweight on Harmonic, Raises Price Target to $13
$13.00
(was $9.74)
Barclays