
Harmonic (HLIT) Stock Forecast & Price Target
Harmonic (HLIT) Analyst Ratings
Bulls say
Harmonic Inc's positive outlook is supported by significant expected revenue growth in its Broadband segment, with projected increases of 40% year-over-year in Q2 and an overall growth rate of 39% for the full year compared to the previous year. The company's CableOS business has demonstrated consistent performance as Tier-1 customers accelerate their deployments, indicating a strong momentum within the broadband access market. This growth trajectory positions Harmonic favorably for continued revenue expansion, with projections suggesting revenue could reach $573.7 million by 2027, accompanied by margin improvements.
Bears say
Harmonic Inc is experiencing revenue pressure in its Video segment due to the transition from hardware to software/SaaS, which is adversely affecting its financial performance. The company has also encountered significant quarter-to-quarter volatility, with historical customer implementation delays leading to disappointing results and guidance. For the full year, Harmonic has provided revenue guidance below market expectations, along with anticipated operating profit figures that indicate potential challenges ahead given rising memory costs and a shift back towards hardware solutions.
This aggregate rating is based on analysts' research of Harmonic and is not a guaranteed prediction by Public.com or investment advice.
Harmonic (HLIT) Analyst Forecast & Price Prediction
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