
Harmonic (HLIT) Stock Forecast & Price Target
Harmonic (HLIT) Analyst Ratings
Bulls say
Harmonic Inc. operates in the broadband access and video solutions sectors, positioning itself for significant revenue growth driven by increasing demand for high-speed internet and video delivery services. The company's Broadband segment is projected to achieve substantial sales growth, with estimates suggesting $91.7 million in Q1 revenue, a notable 8% increase year-over-year, and a forecast of $489.7 million for the full year, reflecting a robust 39% annual growth rate. Furthermore, the CableOS business's scalability and the acceleration of Tier-1 customer deployments underline the potential for continued revenue growth and margin expansion well into 2027, indicating a solid long-term financial outlook for Harmonic Inc.
Bears say
Harmonic Inc’s transition from hardware to software/SaaS within its Video segment has resulted in declining revenue, indicating underlying challenges in maintaining financial stability. Furthermore, the company has a history of significant quarter-to-quarter volatility, primarily due to customer implementation delays that have adversely impacted results and guidance. Additionally, with a full-year revenue guidance for Broadband falling just shy of both analyst expectations and consensus estimates, along with anticipated pressure on gross margins from rising memory costs and a shift back to hardware sales, the financial outlook presents several negative indicators.
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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