Harmonic Inc. (HLIT) fair value analysis
Nasdaq · Updated 2026-10-19
HLIT price how computed
Forward Fair Value verdict
UndervaluedHLIT is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $10.69
- Sector
- Technology
- 12-month range
- $8.85–$17.11
- Market cap
- $1.17B
- From 52-week high
- -37.5%
- Shares outstanding
- 109M
- Rank in Technology by discount to fair value
- #173 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Harmonic Inc. is a technology company that develops video delivery infrastructure and software solutions for service providers and media companies. The company operates globally, serving customers across North America, Europe, Asia-Pacific, and other international markets.
HLIT currently ranks #173 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $1.17B
- P/E (trailing)
- 19x
- Revenue (TTM)
- $496M
- Net margin
- -9.5%
- EPS (TTM)
- $0.57
- Gross margin
- 52.4%
- Debt / equity
- 0.36
- Revenue growth (3-yr avg)
- 1.6%
- Shares outstanding
- 109M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 47 · neutral
- 50-day average
- $11.56
- 200-day average
- $11.56
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-02
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+7.7%)
2026-03 ▲ beat (+41.7%)
2025-12 ▲ beat (+27.3%)
2025-09 ▲ beat (+140.0%)
2025-06 ▲ beat (+350.0%)
2025-03 ▲ beat (+120.0%)
2024-12 ▲ beat (+21.6%)
2024-09 ▲ beat (+18.2%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 4 buy · 2 hold · 1 sell (7 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $16.1
- Target vs last price
- +50.6%
What our data shows for HLIT
- Our model validated 15 trailing price-to-earnings windows for HLIT, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $8.85–$17.11.
- The 14-day relative strength index sits at a neutral 47.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for HLIT
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent HLIT news
TickrTrends' derived news-sentiment signal for HLIT is currently leaning positive, computed from recent coverage.
- Harmonic Inc (HLIT) Shares Fall 4.6% -- What GF Score of 80 Tells Investors (gurufocus.com, 2026-10-13)
TickrTrends take: Harmonic Inc trades in the Technology sector at a valuation the TickrTrends analysis currently rates as undervalued, which may merit attention given the recent share decline. The company's GF Score of 80 suggests solid fundamental quality that could support a recovery if market conditions improve. Investors focused on valuation metrics should monitor whether this pullback creates a more attractive entry point or signals underlying business concerns that warrant further investigation. - HLIT Maintained by Rosenblatt -- Price Target Remains at $20 (gurufocus.com, 2026-10-01)
TickrTrends take: Rosenblatt's maintained $20 price target for HLIT provides a reference point for evaluating the Technology sector company's current trading position relative to TickrTrends' undervalued assessment. Valuation-focused readers should monitor whether the stock's market price continues to trade below this analyst target, as such a gap could indicate the undervaluation thesis remains intact. The maintained rating suggests analyst confidence in the current price target rather than a directional shift, making it relevant context for understanding the stock's valuation narrative. - Harmonic Inc. (HLIT) Analyst/Investor Day - Slideshow (NASDAQ:HLIT) 2026-09-18 (seekingalpha.com, 2026-09-18)
TickrTrends take: Harmonic Inc. held an analyst and investor day event, providing an opportunity for the market to assess management's strategic direction and financial guidance. Given TickrTrends' current undervalued designation for the technology company, investors monitoring valuation metrics should focus on whether management articulated clear paths to revenue growth and margin expansion that might justify a higher market valuation. The event represents a key moment for evaluating whether HLIT's current market price reflects the company's true earnings potential and competitive positioning within the technology sector.
What people are saying
Follow the HLIT conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' quality grade for HLIT improved from D to B this week, reflecting a positive shift in the company's fundamental indicators. The current valuation verdict remains Undervalued, suggesting the stock's price may not fully reflect its underlying value at this time.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — HLIT's sector positioning improved this week as its discount rank within the Technology sector moved from number 75 to number 65, indicating the stock is trading at a more attractive relative valuation compared to other technology companies. The company maintains an undervalued status according to TickrTrends' derived indicators, suggesting the current price may offer value to investors evaluating technology sector opportunities.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is HLIT stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), HLIT is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is HLIT's TickrTrends verdict?
HLIT's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does HLIT compare to other Technology stocks?
HLIT ranks #173 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is HLIT overbought or oversold?
HLIT's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does HLIT report earnings next?
HLIT's next earnings report is scheduled for 2026-11-02, per the published earnings calendar.
Does HLIT usually beat earnings estimates?
Over its last 8 reported quarters HLIT beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about HLIT?
Of 7 analysts covering HLIT, 4 rate it a buy, 2 a hold and 1 a sell - buy-leaning, with a consensus price target of $16.1 (+50.6% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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