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USTechnology

Harmonic Inc (HLIT)

US · Technology · Communication Equipment

$10.99-1.43%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$133.5M
Revenue YoY
-3.3%
Net profit
$-2.3M
Profit YoY
-180.9%
EPS
$0.14
EPS estimate
$0.13
Net margin
-1.7%

EPS came in at 0.14 against a street estimate of 0.13 — a beat of 7.7%.

Key statistics

Market cap
$1.31B
P/E
50.0
Forward P/E
18.8
P/B
3.63
Book value
$3.31
EPS (TTM)
$0.24
52-week high
$17.68
52-week low
$8.47
50-day MA
$12.31
200-day MA
$11.44
Beta
1.32

Analyst view

Analysts rate Harmonic Inc a buy (4 buy, 2 hold, 1 sell out of 7) with an average price target of $16.14.

Shareholding

Insiders
2.08%
Institutions
86.85%

Largest institutional holders

FundStake
BlackRock Inc17.57%
Vanguard Portfolio Management, LLC5.62%
State Street Corp4.46%
Vanguard Capital Management, LLC4.31%
American Century Companies Inc2.95%
Dimensional Fund Advisors, Inc.2.68%
Arnhold & S. Bleichroeder Advisers, LLC2.65%
Geode Capital Management, LLC2.56%

Recent filings & reports

DocumentDate
Quarterly report · Q3 2026
HARMONIC INC. – 10-Q SUMMARY FOR RETAIL INVESTORS Period Ended July 3, 2026 --- HEADLINE NUMBERS • Total net revenue Q2 2026: $133.5 million (up 53
2026-08-17
Results announced · Q3 2026
HARMONIC INC. - Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Q2 2026 Broadband Revenue: $133.5 million, up 54% year-over-year from $86.9 million in Q2
2026-08-12
Acquisition completed · Q2 2026
HARMONIC INC. - 8-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Sale Price: $145 million in cash for the Video Business • Completion Date: June
2026-06-17
Reg FD disclosure · Q2 2026
HARMONIC INC. (HLIT) - 8-K SUMMARY HEADLINE NUMBERS • Company selling Video Business to Leone Media Inc. (d/b/a MediaKind) for $145 million in cash
2026-06-08
Shareholder vote results · Q2 2026
HARMONIC INC. - 8-K SUMMARY HEADLINE NUMBERS • Record Date: April 8, 2026 • Total Shares Outstanding: 108,477,403 common shares • Quorum Present: 94
2026-06-05
Quarterly report · Q2 2026
HARMONIC INC. - FORM 10-Q SUMMARY FOR Q1 2026 HEADLINE NUMBERS • Total net revenue: $121.7 million (up 43% vs. $84.9 million in Q1 2025) • Appliance
2026-05-13
Proxy statement · Q2 2026
HARMONIC INC. PROXY STATEMENT SUMMARY FOR RETAIL INVESTORS WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect 7 Directors – Vote to elect Patrick G
2026-04-24
Annual report FY2025
HARMONIC INC. — 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Fiscal Year Ended: December 31, 2025 • Market Capitalization (as of June 27, 20
2026-02-24

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Deals & corporate news

AnnouncementDate
Full-year 2026 outlook raised; Broadband revenue guidance of $505M-$525M
Harmonic Inc., a broadband infrastructure company, reported strong Q2 2026 results and raised its full-year outlook. Key highlights: **What Happened:** Harmonic sold its Video business to M
2026-08-12
Completes divestiture of Video Business to MediaKind for $145 million
Harmonic Inc. completed the sale of its Video Business to MediaKind for $145 million in cash, transforming itself into a pure-play broadband company. The company received a significant capit
2026-06-17
Full-year 2026 Broadband revenue outlook raised to $475-495 million
Harmonic Inc. announced strong Q1 2026 results driven by exceptional growth in its Broadband business. Broadband revenue grew 43% year-over-year to $121.7 million, with Rest-of-Market revenu
2026-05-11
Asset purchase agreement execution for Leone Media Inc. acquisition
Harmonic Inc. is selling assets to Leone Media Inc. in a transaction dated March 20, 2026. This is a standard asset purchase agreement outlining the terms, conditions, and mechanics of the d
2026-03-23

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Data updated 2026-09-18.