Harmonic Inc (HLIT) Stock AnalysisHLITHarmonic Inc

Harmonic Inc. is a provider of virtualized broadband solutions. Its broadband business provides broadband access solutions and related services, including content optimization system (cOS) software-based broadband access solution, to broadband operators. Its cOS software-based broadband access solution is an end-to-end solution consisting of virtualized cloud-native software elements that orchestrate and connect with Harmonic and third-party indoor and outdoor hardware devices. Its solutions include software-based broadband access solutions, technical support and professional services. It offers hardware products which include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; Pebble Remote PHY Devices (RPDs); and Fin, Pearl and Pier OLT modules and devices. It also provides maintenance and support services to customers. It operates in the Technology sector (RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT industry).

Harmonic Inc. is a good buy right now due to its current price of $10.69, which is significantly below analyst price targets of $16 to $19. The company reported a 54% revenue growth in Q2 2026, reaching $133.5 million, and has a strong backlog of $570 million, indicating robust future demand. However, the main risk is its negative earnings per share (EPS) of -0.02 in Q2 2026, which highlights ongoing profitability challenges.

6 analysts cover HLIT: 3 rate it Buy, 2 Hold and 1 Sell. The average price target is 13.00.