WallStSmart
HLIT

Harmonic Inc

NASDAQ: HLIT · TECHNOLOGY · COMMUNICATION EQUIPMENT

$11.43
+10.76% today

Updated 2026-04-30

Market cap
$1.12B
P/E ratio
1,032.00
P/S ratio
3.11x
EPS (TTM)
$0.01
Dividend yield
52W range
$8 – $12
Volume
1.2M

WallStSmart proprietary scores

34
out of 100
Grade: F
Strong Sell
Investment rating
2.0
Growth
F
5.5
Quality
C+
3.5
Profitability
D
2.7
Valuation
F
2/9
Piotroski F-Score
Weak
-1.8
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target
$12.71
+11.20%
12-Month target
$0.07
-99.39%
Intrinsic (DCF)
$8.17
Margin of safety
-22.52%
2 Strong Buy2 Buy2 Hold1 Sell0 Strong Sell

Price chart

X-Ray snapshot

Strengths
+ Free cash flow $9.61M — positive
+ Debt/equity 0.33x — low leverage
Risks
- Piotroski 2/9 — weak financial health
- Altman Z -1.79 — distress zone
- Thin margins at -12.00%
- Revenue declining -55.80% QoQ
- 22.52% above intrinsic value

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$624.96M$607.91M$678.72M$360.52M$360.52M
Net income$28.18M$83.99M$39.22M$-43.31M$-54.81M
EPS$0.01
Free cash flow$-3.77M$-1.42M$52.73M$96.89M$9.61M
Profit margin4.51%13.82%5.78%-12.01%-12.00%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
HLIT$1.12B342.03.52.75.5-22.52%Avoid
NVDA$5.09T7910.010.05.78.5Strong Buy
AAPL$3.98T656.710.04.35.5Buy
MSFT$3.16T748.79.54.76.5-85.32%Strong Buy
TSM$2.04T849.310.06.79.0+72.43%Exceptional Buy
AVGO$1.92T789.39.55.06.5Strong Buy

Smart narrative

Harmonic Inc trades at $11.43. representing a P/E of 1,032.00x trailing earnings. Our Smart Value Score of 34/100 indicates the stock is weak. The company scores 2/9 on the Piotroski F-Score. With an Altman Z-Score of -1.79, it sits in the distress. TTM revenue stands at $360.52M. with profit margins at -12.00%. Our DCF model estimates intrinsic value at $8.17.

Frequently asked questions

What is Harmonic Inc's stock price?
Harmonic Inc (HLIT) trades at $11.43.
Is Harmonic Inc overvalued?
Smart Value Score 34/100 (Grade F, Strong Sell). DCF value $8.17.
What is the price target of Harmonic Inc (HLIT)?
The analyst target price is $12.71, representing +11.2% upside from the current price of $11.43.
What is the intrinsic value of Harmonic Inc (HLIT)?
Based on our DCF model, intrinsic value is $8.17, a -22.5% margin of safety versus $11.43.
What is Harmonic Inc's revenue?
TTM revenue is $360.52M.
Piotroski F-Score?
2/9 — weak financial health.
Altman Z-Score?
-1.79 — distress.

Company info

SectorTECHNOLOGY
IndustryCOMMUNICATION EQUIPMENT
CountryUSA
ExchangeNASDAQ
CurrencyUSD

Quick metrics

P/S ratio3.11x
ROE0.29%
Beta1.10
50D MA$9.88
200D MA$9.84
Shares out0.11B
Float0.11B
Short ratio
Avg volume1.2M

Performance

1 week
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YTD
1 year
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