Stock AnalizHarmonic Inc. HLIT
Radio And Television Broadcasting And Communications Equipment · IPO 1995 · data as of November 13, 2026
Harmonic Inc. (HLIT) is a technology company listed in the US with a market value of about $1.1B. In the twelve months to October 2, 2026 it had revenue of $502M and net income of -$35M, a net margin of -7.0%.
Its overall Stock Analiz score is 1.0 out of 5 (weak). The strongest part is financial health (4/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 40.1, 5-year revenue growth of -1% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 53% below the current price.
Score: 1.0 / 5
Checks passed
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $502M | $361M | $488M | $388M | $625M | $507M | $379M | $403M | $404M | $358M | $406M |
| Net income | -$35M | -$43M | $39M | $84M | $28M | $13M | -$29M | -$6M | -$21M | -$83M | -$72M |
| Free cash flow | $28M | $97M | $53M | -$1M | -$4M | $28M | $7M | $21M | $5M | -$8M | -$15M |
| EPS (diluted) | $-0.30 | $-0.38 | $0.33 | $0.72 | $0.25 | $0.12 | $-0.30 | $-0.07 | $-0.25 | $-1.02 | $-0.93 |
| Net margin | -7.0% | -12.0% | 8.0% | 21.6% | 4.5% | 2.6% | -7.7% | -1.5% | -5.2% | -23.2% | -17.8% |
| ROIC | — | 2.1% | 8.8% | 5.1% | 7.8% | 3.5% | -2.3% | 3.9% | -1.6% | -27.5% | -20.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $15.43, 49% above the current price; targets range from $9.00 to $20.00; the consensus rating is “Buy”; expected EPS is $0.59 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Harmonic stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 53% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Harmonic pay a dividend?
Not currently.
Is Harmonic a good stock to buy?
We do not give buy or sell advice. Harmonic scores 1.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.