US · HLIT
Harmonic Inc.
- Sector
- Technology · Communication Equipment
- Headquarters
- San Jose, CA 95131
- Website
- harmonicinc.com
Price · as of 2025-12-31
$11.76
Market cap 1.21B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $31.11 | +164.54% |
| Intrinsic Value(DCF) | $4.38 | -62.76% |
| Graham-Dodd Method(GD) | $0.93 | -92.08% |
| Graham Formula(GF) | $13.96 | +18.71% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $5.82 | $30.37 | $29.23 | $3.44 | $2.79 |
| 2012 | $5.82 | $27.43 | $32.14 | $2.48 | $0.00 |
| 2013 | $6.69 | $31.37 | $0.00 | $4.51 | $0.00 |
| 2014 | $7.58 | $28.64 | $0.02 | $0.00 | $0.00 |
| 2015 | $3.28 | $29.04 | $0.66 | $0.60 | $0.78 |
| 2016 | $5.85 | $26.49 | $0.00 | $0.00 | $0.00 |
| 2017 | $3.55 | $25.44 | $0.00 | $0.00 | $3.23 |
| 2018 | $5.61 | $23.69 | $0.18 | $0.00 | $0.00 |
| 2019 | $6.11 | $23.67 | $0.92 | $0.00 | $0.00 |
| 2020 | $8.36 | $24.95 | $0.06 | $0.00 | $0.00 |
| 2021 | $8.87 | $40.14 | $6.43 | $1.21 | $5.28 |
| 2022 | $12.23 | $44.65 | $70.76 | $2.17 | $8.13 |
| 2023 | $13.06 | $36.87 | $44.61 | $5.53 | $4.10 |
| 2024 | $10.31 | $37.08 | $15.80 | $3.69 | $6.55 |
| 2025 | $10.94 | $31.11 | $0.00 | $0.93 | $13.96 |
AI valuation
Our deep-learning model estimates Harmonic Inc.'s (HLIT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $31.11
- Current price
- $11.76
- AI upside
- +164.54%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$4.38
-62.76% upside
Graham-Dodd
$0.93
-92.08% upside
Graham Formula
$13.96
+18.71% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| HLIT | Harmonic Inc. | $11.76 | 1.21B | +165% | -63% | -92% | +19% | -28.71 | 3.24 | 3.45 | 53.37 | — | 3.86 | 48.47% | 4.72% | -12.01% | -10.21% | 1.48% | -5.72% | 0.39 | 4.48 | 2.50 | 1.06 | 1.00 | -21515.00% | -4688.00% | 8374.00% | 7.79% | 0.55 | 21.08% | 0.00% | 0.00% | 8.21% | 74.40 | 13.08 | 3.51 | -0.75 |
| CRCT | Cricut, Inc. | $4.30 | 910.57M | +478% | -39% | — | -89% | 16.45 | 2.21 | 1.45 | 6.02 | 78.97 | 2.21 | 49.51% | 10.68% | 8.82% | 12.55% | 23.97% | 8.71% | 0.03 | 233.47 | 2.85 | 2.16 | -1.84 | 2083.00% | -688.00% | -671.00% | 23.86% | 1.30 | 109.87% | 10.64% | 175.00% | 22.96% | 9.36 | 2.89 | 1.00 | 4.78 |
| CTS | CTS Corporation | $52.66 | 1.53B | +3% | -59% | -62% | -46% | 23.47 | 2.78 | 2.83 | 12.83 | 147.86 | 8.13 | 38.43% | 15.52% | 12.07% | 12.07% | 11.45% | 8.54% | 0.22 | 19.50 | 2.30 | 1.55 | 0.32 | 1587.00% | 500.00% | 710.00% | 5.63% | 0.93 | 15.09% | 0.31% | 7.30% | 3.97% | 18.71 | 18.21 | 2.91 | 6.93 |
| DGII | Digi International Inc. | $48.82 | 1.84B | +3% | -63% | -75% | -79% | 40.84 | 2.62 | 3.87 | 21.70 | 53.01 | -15.50 | 62.92% | 13.08% | 9.48% | 6.71% | 6.20% | 4.70% | 0.28 | 8.91 | 1.21 | 0.79 | 1.88 | 7705.00% | 146.00% | 3025.00% | 6.32% | 1.00 | 14.19% | 0.00% | 0.00% | 0.00% | 32.41 | 17.32 | 4.24 | 4.62 |
| FSLY | Fastly, Inc. | $19.12 | 2.86B | +53% | -51% | — | — | -25.56 | 3.35 | 4.98 | -342.90 | — | 13.32 | 57.08% | -18.88% | -19.50% | -12.84% | -11.37% | -8.25% | 0.46 | -9.28 | 2.61 | 2.47 | -26.93 | -2719.00% | 1478.00% | -41598.00% | 2.11% | 0.49 | 6.35% | 0.00% | 0.00% | 0.00% | -26.98 | 48.34 | 5.09 | 2.64 |
| PENG | Penguin Solutions, Inc. | $20.78 | 1.09B | +99% | -50% | -60% | -52% | 39.98 | 1.93 | 0.84 | 12.74 | — | 3.18 | 28.80% | 5.42% | 1.58% | 5.84% | 5.46% | 1.87% | 1.23 | 10.16 | 2.25 | 1.61 | 2.48 | -12800.00% | 1691.00% | 7325.00% | 8.68% | 0.23 | 12.49% | 0.68% | 27.30% | 11.41% | 19.30 | 14.31 | 1.05 | 2.16 |
| RPD | Rapid7, Inc. | $6.22 | 409.86M | +490% | -60% | — | -43% | 17.33 | 2.62 | 0.47 | 11.14 | — | -0.83 | 70.15% | 1.41% | 2.72% | 27.12% | 1.53% | 1.38% | 6.65 | 1.16 | 1.20 | 1.12 | 9.08 | -1000.00% | 187.00% | -1409.00% | 35.67% | 0.26 | 23.65% | 0.00% | 0.00% | 0.00% | 79.23 | 6.63 | 1.12 | -0.03 |
| TASK | TaskUs, Inc. | $10.62 | 953.73M | +270% | +41% | -7% | +180% | 9.35 | 1.59 | 0.81 | 4.81 | 7.79 | 4.21 | 32.62% | 11.88% | 8.64% | 18.65% | 16.24% | 10.21% | 0.50 | 7.65 | 3.12 | 2.85 | 0.40 | 12000.00% | 1895.00% | -2613.00% | 7.71% | 0.84 | 11.38% | 0.00% | 0.00% | 5.73% | 7.41 | 14.14 | 0.88 | 3.24 |
| UPBD | Upbound Group, Inc. | $21.45 | 1.24B | +862% | -61% | — | -1% | 16.10 | 1.70 | 0.25 | 10.68 | — | -8.30 | 34.45% | 4.76% | 1.56% | 11.06% | 6.60% | 2.47% | 2.67 | 1.98 | 4.07 | 0.73 | 6.36 | -4344.00% | 867.00% | 39273.00% | 20.24% | 0.69 | 10.42% | 7.45% | 120.00% | 7.45% | 13.05 | 12.21 | 0.62 | 2.86 |
| VRNT | Verint Systems Inc. | $20.51 | 1.24B | — | — | -96% | -49% | — | — | — | — | — | — | 71.28% | 11.70% | 9.05% | 6.42% | 5.94% | 3.68% | 0.34 | 10.50 | 1.12 | 0.99 | 1.47 | 27143.00% | -13.00% | 1377.00% | — | 0.30 | 9.38% | — | 24.20% | — | — | — | — | — |
| YALA | Yalla Group Limited | $7.08 | 1.11B | +1,005% | -35% | +22% | +73% | 4.80 | 0.91 | 1.89 | -0.08 | 34.63 | 0.91 | 64.53% | 35.74% | 39.95% | 21.09% | 258.29% | 18.62% | 0.00 | — | 6.80 | 6.44 | -3.94 | 1385.00% | 652.00% | 2492.00% | 26.73% | 1.70 | 403.84% | 0.00% | 0.00% | 29.70% | -0.08 | -0.06 | -0.03 | 6.27 |
About Harmonic Inc.
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.
- CEO
- Nimrod Ben-Natan
- Employees
- 901
- Beta
- 1.05
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($4.38 ÷ $11.76) − 1 = -62.76% (DCF, example).