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Forecast
The analysts' average price target is €15.21 (+66.78%). The median is €15.21 (+66.78%).
| Buy |
9 |
| Hold |
10 |
| Sell |
0 |
News Go to news feed
Harmonic jumps 25% premarket after strong Q2 results and upward forecast revision
Harmonic reported adjusted earnings per share of $0.24 for Q2/2026, beating the $0.12 consensus. Broadband revenue was $133.5 million, above the company’s guidance range; the full-year outlook for the broadband business was raised to $505–525 million. Backlog and deferred revenue rose to $587.6 million (+71% y/y), indicating continued robust demand. Analysts materially raised their average price target, and the outlook is supported by the focus on the broadband business after the sale of the video unit to MediaKind. » More on de.investing.com
Harmonic exceeds Q2 2026 expectations and raises full-year outlook
Harmonic reported adjusted EPS of $0.24 for Q2 2026 (expectation $0.12) and revenue of $173 million (expectation $112.93 million). The broadband segment posted $133.5 million, a 54% increase and the company’s strongest second quarter on record. The company raised its 2026 broadband revenue guidance to $505–525 million and increased its EPS outlook to $0.67–0.75; the stock jumped significantly in after-hours trading. Risks remain customer concentration, higher storage costs and negative free cash flow for the quarter. » More on de.investing.com
Harmonic positioned as software enabler for AI-era broadband amid rising backlog
Harmonic is gaining traction as a virtualized Cable Modem Termination System provider, reporting a $570 million backlog (up 77% YoY) and a 3.5x book-to-bill in Q4 2025. Its virtualization segment grows 33% year-over-year with about 55% gross margins after divesting legacy video assets, while overall revenue was $450 million. The company trades at roughly a $1.2 billion market cap and stands to benefit from Comcast and Charter capex for distributed AI “Smart Grids,” FCC policy shifts and $42 billion in rural broadband funding as the industry virtualizes legacy networks. » More on finance.yahoo.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | July 2026 | YoY |
|---|---|---|
| Revenue | 116.63m | 0.97% |
| Gross profit | 61.08m | 0.64% |
| Net profit | -2.03m | 182.90% |
| EBITDA | 22.48m | 281.73% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €980.65m |
Number of shares | 109.07m |
52-week high/low | €15.82 - €7.58 |
| Dividends | No |
Beta | 1.34 |
P/E ratio | -24.15 |
PEG ratio | 0.15 |
P/B ratio | 3.03 |
P/S ratio | 2.21 |
Company profile
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.
| Name | Harmonic |
| CEO | Nimrod Ben-Natan |
| Headquarters | San Jose,
ca USA |
| Website | |
| Sector | Industrials |
| Industry | Aerospace & Defense |
| IPO | 23/05/1995 |
| Employees | 552 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | HLIT |
London Stock Exchange | 0J38.L |
Frankfurt | HMC.F |
Düsseldorf | HMC.DU |
London | 0J38.L |
SIX | HMC.SW |
München | HMC.MU |