
Harmonic (HLIT) Stock Forecast & Price Target
Harmonic (HLIT) Analyst Ratings
Bulls say
Harmonic Inc. is poised for continued financial growth, projecting a return to over 30% annual growth through 2026, which could lead to margin expansion. The company's successful scaling of its CableOS business and the acceleration of deployments among Tier-1 customers indicate a strengthening and consistent revenue stream. Additionally, increased traffic from major video customers is expected to contribute to significant incremental revenue, further solidifying a positive financial outlook for Harmonic.
Bears say
Harmonic Inc's financial outlook appears negative primarily due to stagnation in its Broadband segment, where revenue was flat in the first half of the year, heavily impacted by challenges faced by major customers Comcast and Charter. The guidance for Q3 indicates expected Broadband revenue between $75 million to $85 million, representing a 45% year-over-year decline at the midpoint, which raises concerns regarding the company's growth prospects. Additionally, the company's Video segment is experiencing revenue pressure due to the ongoing shift from hardware to software/SaaS, impacting its overall financial stability.
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
Start investing in Harmonic (HLIT)
Order type
Buy in
Order amount
Est. shares
0 shares