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Harmonic (HLIT) Stock Analysis

NASDAQTechnologyCommunication Equipment

$11.65-0.60%
1-year price historyRange $8.85 – $17.11
52-week range$11.65
$8.47$17.68

What Harmonic does

Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable operators, satellite and telecommunications Pay-TV providers, as well as broadcast and a variety of media companies, specifically those involved in streaming. This segment offers dedicated video processing equipment, which encompasses network management and application software, complemented by hardware components such as encoders, video servers, high-density stream processing units, and edge processors. Furthermore, it provides Software-as-a-Service (SaaS) platforms that enable the bundling and transmission of diverse streaming content – including live streams, video-on-demand, catch-up TV, start-over TV, network-based digital video recording (DVR), and cloud-based DVR services. These services are delivered via HTTP streaming to a multitude of devices and incorporate dynamic, personalized advertising insertion capabilities. The Cable Access division specializes in offering CableOS software-centric cable access solutions and CableOS central cloud services, primarily targeting cable operators. Ultimately, Harmonic's product suite empowers its clients to create, manage, store, broadcast, and stream a wide spectrum of video services to end-user devices, including televisions, personal computers, laptops, tablets, and smartphones. Beyond its core offerings, the company provides a range of technical support and professional services. These include ongoing maintenance and support, expert consulting, system implementation, project oversight, technical design and planning, site preparation, integration, equipment installation, thorough system testing, and user training. The company distributes its products both through its internal sales team and indirectly via independent resellers and systems integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.

Key metrics

Market cap
$1.26B
P/E (TTM)
22.40
EPS (TTM)
$0.52
Beta
1.32
Dividend yield
0.00%
Revenue / share
$4.56
50-day avg
$12.80
200-day avg
$11.35
52-week high
$17.68
52-week low
$8.47
CEO
Nimrod Ben-Natan

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Frequently asked questions

What is the ticker symbol for Harmonic?
Harmonic trades under the ticker HLIT on NASDAQ.
Which exchange is HLIT listed on?
HLIT is listed on NASDAQ.
What sector does Harmonic operate in?
Harmonic is classified in the Technology sector (Communication Equipment industry).
How can PortView help analyze HLIT in a portfolio?
PortView shows HLIT's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.