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Upturn AI SWOT - About
HLIT 
Harmonic Inc (HLIT)
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Upturn Advisory Summary
06/30/2025: HLIT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $11.58
1 Year Target Price $11.58
| 2 | Strong Buy |
| 2 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -31.42% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.07B USD | Price to earnings Ratio 21.09 | 1Y Target Price 11.58 |
Price to earnings Ratio 21.09 | 1Y Target Price 11.58 | ||
Volume (30-day avg) 6 | Beta 1.05 | 52 Weeks Range 7.91 - 15.46 | Updated Date 06/29/2025 |
52 Weeks Range 7.91 - 15.46 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.45 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.72% | Operating Margin (TTM) 7.61% |
Management Effectiveness
Return on Assets (TTM) 9.05% | Return on Equity (TTM) 12.45% |
Valuation
Trailing PE 21.09 | Forward PE 19.19 | Enterprise Value 1073150774 | Price to Sales(TTM) 1.56 |
Enterprise Value 1073150774 | Price to Sales(TTM) 1.56 | ||
Enterprise Value to Revenue 1.56 | Enterprise Value to EBITDA 11.09 | Shares Outstanding 113097000 | Shares Floating 111588103 |
Shares Outstanding 113097000 | Shares Floating 111588103 | ||
Percent Insiders 2.39 | Percent Institutions 94.78 |
Analyst Ratings
Rating 3 | Target Price 11.58 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Harmonic Inc
Company Overview
History and Background
Harmonic Inc. was founded in 1988. Initially focused on cable access solutions, it evolved to encompass video infrastructure and software solutions. Key milestones include pioneering digital video compression and cloud-native video delivery technologies.
Core Business Areas
- Video: Provides video processing, encoding, and delivery solutions for broadcast, cable, satellite, and OTT service providers. Includes encoders, decoders, and cloud-based video platforms.
- Cable Access: Offers cable access solutions, including Cable Modem Termination Systems (CMTS) and Distributed Access Architecture (DAA) products, enabling broadband service providers to deliver high-speed internet.
Leadership and Structure
Patrick Harshman is the CEO. The company has a functional organizational structure with departments for Engineering, Sales, Marketing, and Operations.
Top Products and Market Share
Key Offerings
- VOS Cloud-Native Platform: A software-as-a-service (SaaS) platform for video processing and delivery. Harmonic claims to power 50% of streaming services and offers revenue per user model. Competitors include AWS Elemental, MediaKind, and Imagine Communications.
- CableOS Centralized Core: A software-based CMTS solution for cable operators. Market share is growing in DAA deployments. Competitors include CommScope, Casa Systems, and Vecima Networks.
Market Dynamics
Industry Overview
The video streaming and broadband access markets are growing rapidly, driven by increasing demand for high-quality video content and faster internet speeds. Transitioning to cloud-native solutions and DAA architecture are key industry trends.
Positioning
Harmonic is positioned as a leader in video infrastructure and cable access solutions, with a focus on cloud-native and software-based technologies. The company has a competitive advantage in its expertise in video compression and delivery.
Total Addressable Market (TAM)
TAM for video infrastructure and cable access is estimated to be multi-billion dollar market, with Harmonic focused on a $2-3 billion opportunity. Harmonic is positioned well to capture more of the TAM as the market shifts to cloud-based and software-defined solutions.
Upturn SWOT Analysis
Strengths
- Strong technology expertise in video compression and delivery
- Leading position in cloud-native video solutions
- Growing presence in the DAA market
- Established relationships with major service providers
Weaknesses
- Reliance on a few large customers
- Competition from larger, more diversified companies
- Potential impact of economic downturns on capital spending
- Slower-than-expected adoption of new technologies
Opportunities
- Growing demand for OTT video services
- Adoption of 5G and increased bandwidth requirements
- Expansion into new geographic markets
- Development of new solutions for emerging video formats
Threats
- Intense competition from established and emerging players
- Rapid technological changes
- Economic downturns that impact capital spending
- Consolidation among service providers
Competitors and Market Share
Key Competitors
- CMCSA
- CCSI
- VMAC
Competitive Landscape
Harmonic competes with larger, more diversified companies, but its focus on cloud-native and software-based solutions provides a competitive advantage. It needs to continue to innovate to maintain its market position.
Major Acquisitions
Thomson Video Networks
- Year: 2016
- Acquisition Price (USD millions): 75
- Strategic Rationale: Expanded Harmonic's video infrastructure portfolio and strengthened its position in the broadcast market.
Growth Trajectory and Initiatives
Historical Growth: Harmonic has experienced steady revenue growth over the past few years, driven by increased adoption of its cloud-native video solutions and DAA products.
Future Projections: Analysts project continued revenue growth for Harmonic, driven by increasing demand for OTT video and high-speed internet. Expect revenue to be [550.0, 600.0, 650.0] over next three years.
Recent Initiatives: Recent strategic initiatives include the expansion of its cloud-native video platform, the launch of new DAA products, and partnerships with major service providers.
Summary
Harmonic is a strong player in the video infrastructure and cable access markets, particularly in cloud-native and software-defined solutions. Its expertise and innovative technology provide a competitive edge. While dependent on a few large customers and facing strong competition, its growth prospects are promising. Monitoring the market and customer base is vital.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Analyst Reports
- Press Releases
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data may be delayed. Investment decisions should be based on your own research and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Harmonic Inc
Exchange NASDAQ | Headquaters San Jose, CA, United States | ||
IPO Launch date 1995-05-22 | President, CEO & Director Mr. Nimrod Ben-Natan | ||
Sector Technology | Industry Communication Equipment | Full time employees 901 | Website https://www.harmonicinc.com |
Full time employees 901 | Website https://www.harmonicinc.com | ||
Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment offers software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its 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 VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, 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 company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. 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.
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